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Nebius Group N.V. (NBIS) Q4 2024 earnings results (fourth quarter 2024)

6-K filed Feb 20, 2025

Nebius Group N.V. (NBIS) reported revenue of $37.9M for the fourth quarter 2024 (Q4 2024), +466% from a year earlier. Operating margin was -398.9%, net loss $137M (360.4% of revenue).

Revenue$37.9M
Year over year+466%
Quarter over quarter—
Operating margin-398.9%
Net earnings−$137M

Nebius Group N.V., Q4 2024: revenue $37.9M (+466% year over year), operating margin -398.9%, net loss $137M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$37.9M—+466%
Operating profit−$151M——
Net earnings−$137M——

What changed

Revenue was $37.9M in Q4 2024, up 466% year over year.

Operating costs exceeded revenue by $151.2M, an operating margin of -398.9%. Total costs grew 89% against revenue growth of 466%. The fastest-growing cost line was Depreciation & amortization (+336%). The quarter ended with a net loss of $136.6M.

Questions

What was Nebius Group N.V.'s revenue in the fourth quarter 2024?

Nebius Group N.V.

Was Nebius Group N.V. profitable in the fourth quarter 2024?

Operating loss was $151M (-398.9% of revenue) and net loss $137M.

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