Filing Flows

Filing Flows › Nebius Group N.V. (NBIS) › Q1 2025

Nebius Group N.V. (NBIS) Q1 2025 earnings results (first quarter 2025)

6-K filed May 20, 2025

Nebius Group N.V. (NBIS) reported revenue of $55.3M for the first quarter 2025 (Q1 2025), +385% from a year earlier. Operating margin was -234.2%, net loss $114M (205.4% of revenue).

Revenue$55.3M
Year over year+385%
Quarter over quarter—
Operating margin-234.2%
Net earnings−$114M

Nebius Group N.V., Q1 2025: revenue $55.3M (+385% year over year), operating margin -234.2%, net loss $114M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$55.3M—+385%
Operating profit−$130M——
Net earnings−$114M——

What changed

Revenue was $55.3M in Q1 2025, up 385% year over year.

Operating costs exceeded revenue by $129.5M, an operating margin of -234.2%. Total costs grew 96% against revenue growth of 385%. The fastest-growing cost line was Depreciation & amortization (+453%). The quarter ended with a net loss of $113.6M.

Questions

What was Nebius Group N.V.'s revenue in the first quarter 2025?

Nebius Group N.V.

Was Nebius Group N.V. profitable in the first quarter 2025?

Operating loss was $130M (-234.2% of revenue) and net loss $114M.

Open the interactive Sankey →

Source: Nebius Group N.V. 6-K on SEC EDGAR.