Filing Flows › Nebius Group N.V. (NBIS) › Q2 2026 › vs Q2 2025
Nebius Group N.V. (NBIS) Q2 2026 vs Q2 2025 (year over year)
Nebius Group N.V.'s revenue rose $477M (+454%) from $105M in Q2 2025 to $582M in Q2 2026.
Nebius Group N.V., Q2 2026: revenue $582M (+454% year over year), operating margin -30.2%, net loss $190M, operating cash flow $2.2B. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $582M | $105M | $477M | +454% |
| Net loss | $190M | −$502M | $693M | — |
| Costs & expenses | $773M | $720M | $53.1M | +7% |
| Operating costs | $758M | $216M | $542M | +251% |
| Income tax | $13.7M | $800K | $12.9M | 17× |
| Cost of revenue | $134M | $30.1M | $104M | +344% |
| Research & development | $191M | $42.8M | $148M | +346% |
| SG&A | $174M | $68.2M | $106M | +155% |
| Depreciation & amortization | $260M | $75.2M | $184M | +245% |
| Depreciation & amortization | $260M | $75.2M | $184M | +245% |
| Share-based compensation | $102M | $0 | $102M | — |
| Net loss absorbed | $190M | −$502M | $693M | — |
Questions
How much did Nebius Group N.V.'s revenue grow year over year in Q2 2026?
Nebius Group N.V.'s revenue rose $477M (+454%) from $105M in Q2 2025 to $582M in Q2 2026.