NBIS on Nasdaq

Nebius Group

Logo: nebius.group5

Dutch technology company

Nebius Group N.V., headquartered in Amsterdam, is a technology company that provides artificial intelligence infrastructure. It is headquartered in Amsterdam with offices in Israel and the United States.3 Its chief executive is Arkady Volozh.1 It employed 1,371 people in 2025.1 Its revenue was $118 million in 2024.1 Its shares trade on Nasdaq under the symbol NBIS.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$529.8MRevenue, fiscal 20256
$82.5MNet income, fiscal 20256
2004Founded1

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  • TickerNBIS on Nasdaq1
  • Industryartificial intelligence, information technology industry1
  • HeadquartersAmsterdam1
  • Websitenebius.group
  • Legal formnaamloze vennootschap1
  • Incorporated inNetherlands7
  • Business addressBurgerweeshuispad 101, Amsterdam, 1076 Er7
  • Filer categoryLarge accelerated filer7
  • LEI549300GGZHJ5Q1B18P934
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressBurgerweeshuispad 101, 1076ER Amsterdam, Netherlands4
  • Registered withThe Netherlands Chamber of Commerce, 272651674
Nebius Group image from its website
Image: nebius.group9

Nebius Group N.V., headquartered in Amsterdam, is a technology company that provides artificial intelligence infrastructure. It is headquartered in Amsterdam with offices in Israel and the United States.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-115.5%Operating margin6
15.6%Net margin6
479.0%Revenue growth, 20256
1.8%Return on equity6
0.89×Debt to equity6
-$3.7BFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Nebius brought in 90% of the revenue Nebius Group broke down this way in fiscal 2025.

  1. Nebius$480.3M690%up 603% from 2024
  2. Triple Ten$54.1M610%up 88% from 2024
  3. AvRide$1.3M60%up 333% from 2024
Business segments by year
Business segments202320242025
Nebius$9.6M$68.3M$480.3M
Triple Ten$8.2M$28.8M$54.1M
AvRide$300.0K$1.3M

Regions

United States brought in 64% of the revenue Nebius Group broke down this way in fiscal 2025.

  1. United States$340.1M664%up 727% from 2024
  2. United Kingdoms$137.5M626%up 450% from 2024
  3. Segment Geographical Area Other Than Unites States And United Kingdom$52.2M610%up 106% from 2024
Regions by year
Regions202320242025
United States$5.4M$41.1M$340.1M
United Kingdoms$25.0M$137.5M
Segment Geographical Area Other Than Unites States And United Kingdom$4.4M$25.4M$52.2M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue21¢$166.2M
  • Research and development22¢$177.3M
  • Selling, general and admin47¢$380.1M
  • Income tax0¢$4.0M
  • Profit10¢$82.5M

Out of $529.8M in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending100¢$4.1B

Out of $384.8M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.6

Financial statements

Revenue10111213146$529.8M in 2025−71% since 2018
0$2.0B$4.0B$6.0B2018: $1.8B$1.8B20182019: $2.2B$2.2B2019+21%2020: $3.0B$3.0B2020+33%2021: $4.8B$4.8B2021+62%2022: $13.5M$13.5M2022−100%2023: $9.8M$9.8M2023−27%2024: $91.5M$91.5M2024+834%2025: $529.8M$529.8M2025+479%
Operating income10111213146-$611.7M in 2025
-$750.0M-$500.0M-$250.0M0$250.0M$500.0M2018: $300.3M$300.3M20182019: $313.3M$313.3M2019+4%2020: $220.0M$220.0M2020−30%2021: -$178.7M-$178.7M20212022: -$158.0M-$158.0M2022−12%2023: -$285.7M-$285.7M2023+81%2024: -$399.6M-$399.6M2024+40%2025: -$611.7M-$611.7M2025+53%
Net income10111213146$82.5M in 2025−88% since 2018
-$1.0B-$500.0M0$500.0M$1.0B2018: $660.1M$660.1M20182019: $142.0M$142.0M2019−78%2020: $326.9M$326.9M2020+130%2021: -$197.2M-$197.2M20212022: $745.6M$745.6M20222023: $241.3M$241.3M2023−68%2024: -$641.4M-$641.4M20242025: $82.5M$82.5M2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-12-312024-12-312023-12-31
Revenues$529.8M$91.5M$9.8M
Cost of revenues$166.2M$43.7M$19.6M
Product development$177.3M$114.8M$87.1M
Sales, general and administrative$380.1M$255.5M$159.5M
Depreciation and amortization$417.9M$77.1M$29.3M
Total operating costs and expenses$1.1B$491.1M$295.5M
Loss from operations-$611.7M-$399.6M-$285.7M
Interest income$31.8M$63.6M$3.3M
Interest expense-$61.5M$0$0
Gain from revaluation of investments in equity securities$598.9M
Income / (loss) from equity method investments-$24.3M$400.0K-$10.9M
Other income / (loss), net$80.6M-$17.4M-$3.7M
Net income / (loss) before income taxes$13.8M-$353.0M-$297.0M
Income tax expense / (benefit)$4.0M-$1.0M$2.0M
Net income / (loss) from continuing operations$9.8M-$352.0M-$299.0M
Net income / (loss) from discontinued operations$72.7M-$289.4M$564.9M
Net income / (loss)$82.5M-$641.4M$265.9M
Net income from discontinued operations attributable to non-controlling interests-$24.6M
Net income / (loss) attributable to Nebius Group N.V.$82.5M-$641.4M$241.3M
Basic (in dollars per share)$0-$1-$1
Diluted (in dollars per share)$0-$1-$1
Basic (in dollars per share)$0-$1$1
Diluted (in dollars per share)$0-$1$1
Basic (in dollars per share)$0.34-$2.28$0.65
Diluted (in dollars per share)$0.33-$2.28$0.65
Basic (in shares)242.5M shares281.0M shares370.8M shares
Diluted (in shares)247.7M shares281.0M shares370.8M shares
Share-based compensation expenses$83.4M$120.3M$370.0M

Compare Nebius Group with another company

Corporate structure

Nebius Group sits at the top of its group. 9 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Nebius Group

  • Goldman Sachs Filed SCHEDULE 13G/A on Nebius Group, latest Oct 7, 2026 (3 filings since Aug 7, 2026)
  • Nvidia Filed SCHEDULE 13G on Nebius Group, latest Jul 20, 2026
  • Situational Awareness LP Filed SCHEDULE 13G on Nebius Group, latest May 27, 2026
  • ORBIS INVESTMENT MANAGEMENT LTD Filed SCHEDULE 13G/A on Nebius Group, latest Feb 17, 2026 (5 filings since Feb 14, 2025)
  • FMR LLC Filed SC 13G/A on Nebius Group, latest Nov 12, 2024 (4 filings since Feb 9, 2022)
  • Capital Research Global Investors Filed SC 13G/A on Nebius Group, latest Feb 9, 2024 (3 filings since Feb 11, 2022)
  • Invesco Filed SC 13G/A on Nebius Group, latest Feb 1, 2024 (3 filings since Feb 10, 2022)
  • Nebius Group Amsterdam, Netherlands
    • Tavily Subsidiary · New York City, United States
    • Toloka Subsidiary
    • TripleTen Subsidiary · Salt Lake City, United States
    • AVRide B.V. Subsidiary · 100% · Schiphol, Netherlands
    • MLU B.V. Subsidiary · 100% · Schiphol, Netherlands
    • Nebius B.V. Subsidiary · 100% · Amsterdam, Netherlands
    • Акционерное общество "Яндекс Банк" Subsidiary · 100% · Москва, Russia
    • Nebius CZ Subsidiary · Czechia

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Nebius Group reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$6.2B6 Dec 31, 2025$1.1B6 Dec 31, 2024+471.6%
Accumulated depreciation$637.0M6 Dec 31, 2025$236.3M6 Dec 31, 2024+169.6%
Property and equipment, net$5.6B6 Dec 31, 2025$846.7M6 Dec 31, 2024+555.9%
Operating-lease assets (leased space)$918.8M6 Dec 31, 2025$44.8M6 Dec 31, 2024+1950.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$3.7B6 Dec 31, 2025$2.4B6 Dec 31, 2024+51.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$19.7M6 Dec 31, 2025$4.9M6 Dec 31, 2024+302.0%
Finite-lived intangibles, gross$30.3M6 Dec 31, 2025$8.6M6 Dec 31, 2024+252.3%
Accumulated amortization$10.6M6 Dec 31, 2025$3.7M6 Dec 31, 2024+186.5%
Finite-lived intangibles, net$19.1M6 Dec 31, 2025$296.2M16 Dec 31, 2023−93.6%

Stakes and holdings (Wikidata)

  • Nebius

Things Wikidata records the company as owning, with the share when stated.1

The story

The predecessor to Nebius Group was Yandex N.V., the Dutch parent company of Russian technology company Yandex, which began as a search engine in 1997. Yandex N.V. was registered as the Dutch parent company in 2007. In May 2011, Yandex raised $1.3 billion in an IPO on the NASDAQ. In February 2022, the company's securities were suspended from trading on the NASDAQ due to international sanctions during the Russian invasion of Ukraine. In July 2024, Yandex N.V. sold all of its Russian assets to a consortium of Russian investors, retaining several businesses that operated outside of Russia. This restructuring led to the creation of Nebius Group, focusing on infrastructure for artificial intelligence, with approximately over 1,000 former Yandex employees. Yandex N.V. changed its name to Nebius Group N.V., with Arkady Volozh as CEO. In October 2024, Nebius resumed trading on the NASDAQ.

In February 2026, Nebius announced the acquisition of the agentic search company Tavily for around $400 million. The same month, the company announced plans to build an AI data center in Birmingham, Alabama.

On 11 March 2026, Nvidia announced that it will invest $2 billion in Nebius.

From Wikipedia’s article on Nebius Group, shared under CC BY-SA 4.0.8

Leadership

Who has led Nebius Group, and when. Pick a name to see everywhere that person has worked.

Chief operating officer

  1. Ophir Nave2026–now
20052010201520202025
Board members and other officers (13)

Products and brands

Nebius operates servers and data centers and provides cloud infrastructure for AI developers. In December 2024, Nebius raised $700 million through private investors, including Nvidia (which acquired 0.5% of Nebius) and Accel Partners.

Nebius owns a data center in Mäntsälä, Finland, a GPU cluster at an Equinix data center in Paris, a GPU cluster at a data center in Kansas City, Missouri, under construction, and a 300MW data center in Vineland, New Jersey, under construction.

Nebius also owns Avride and TripleTen, and has stakes in Toloka and Clickhouse.

From Wikipedia’s article on Nebius Group, shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Owners

Subsidiaries

Also owns

  • Nebius

From Wikidata.1

Acquisitions

  1. Feb 19, 2026Tavily became a subsidiary1
  2. 2000Yandex became a subsidiary1

Employees over time

Nebius Group employees by year11.4K in 2025−88% since 2020
010.0K20.0K30.0K2020: 11.9K11.9K20202023: 25.4K25.4K2023+114%2025: 1.4K1.4K2025−95%
  • 20251,3711
  • 202325,4311
  • 202011,8641

Former names

  • Yandex N.V.2004 to 20241

Timeline

  1. Mar 18, 2026New chief executive Arkadiy Volozh becomes CEO17
  2. 2024Renamed Name changed to Nebius Group N.V.1
  3. 2024Went public Listed on NASDAQ1
  4. May 24, 2011Went public Listed on NASDAQ1
  5. 2004Founded Founded1

Calendar

Coming up

  1. Nov 10, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.39) a share, on Nov 11, 2025.31

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

259 filings to the SEC since October 2021: 6 annual reports, 59 insider forms, 20 large holders, 174 other. The latest 20:

  1. Oct 15, 2026144 EDGAR
  2. Oct 13, 20264 PRIMARY DOCUMENT EDGAR
  3. Oct 7, 2026SCHEDULE 13G/A EDGAR
  4. Oct 6, 20264 PRIMARY DOCUMENT EDGAR
  5. Oct 5, 2026144 EDGAR
  6. Oct 5, 20264 PRIMARY DOCUMENT EDGAR
  7. Oct 5, 20264 PRIMARY DOCUMENT EDGAR
  8. Oct 5, 20264 PRIMARY DOCUMENT EDGAR
  9. Oct 1, 20264 PRIMARY DOCUMENT EDGAR
  10. Oct 1, 20266-K EDGAR
  11. Sep 29, 2026144 EDGAR
  12. Sep 21, 20264 PRIMARY DOCUMENT EDGAR
  13. Sep 17, 20264 PRIMARY DOCUMENT EDGAR
  14. Sep 16, 20264 PRIMARY DOCUMENT EDGAR
  15. Sep 15, 2026144 EDGAR
  16. Sep 8, 20266-K EDGAR
  17. Sep 3, 20264 PRIMARY DOCUMENT EDGAR
  18. Sep 3, 20264 PRIMARY DOCUMENT EDGAR
  19. Sep 3, 20264 PRIMARY DOCUMENT EDGAR
  20. Sep 3, 20264 PRIMARY DOCUMENT EDGAR

The 259 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

32 open-market trades by officers, directors and large owners since October 2021: 0 buys and 32 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 15, 2026Boynton John Wilson IVDirectorSale6,364$210.36$1.3MForm 4
Sep 14, 2026Boroditsky MarcChief Revenue OfficerSale7,000$209.08$1.5MForm 4
Sep 1, 2026Alonso Sanchez Maria del DadoCFOSale470$196.00$92.1KForm 4
Aug 14, 2026Ryan Charles EDirectorSale50,000$265.53$13.3MForm 4
Aug 14, 2026Boynton John Wilson IVDirectorSale5,296$270.99$1.4MForm 4
Jul 15, 2026Boroditsky MarcChief Revenue OfficerSale22,386$197.00$4.4MForm 4
Jul 15, 2026Boynton John Wilson IVDirectorSale6,958$197.00$1.4MForm 4
Jul 1, 2026Volozh ArkadiyCEOSale46,627$235.45$11.0MForm 4
Jul 1, 2026Shtan DanilaChief Technology OfficerSale16,937$235.45$4.0MForm 4
Jul 1, 2026Korolenko AndreyChief Infrastructure OfficerSale33,871$235.45$8.0MForm 4
Jun 15, 2026Boroditsky MarcChief Revenue OfficerSale4,500$250.00$1.1MForm 4
Jun 15, 2026Boynton John Wilson IVDirectorSale5,812$253.29$1.5MForm 4
Jun 15, 2026Boynton John Wilson IVDirectorSale5,812$253.29$1.5MForm 4
Jun 4, 2026Shtan DanilaChief Technology OfficerSale15,678$238.96$3.7MForm 4
Jun 2, 2026Boroditsky MarcChief Revenue OfficerSale10,776$276.20$3.0MForm 4
Jun 2, 2026Alonso Sanchez Maria del DadoCFOSale1,509$276.20$416.8KForm 4
May 20, 2026Tal BoazGeneral CounselSale5,100$199.39$1.0MForm 4
May 15, 2026Boroditsky MarcChief Revenue OfficerSale4,500$217.55$979.0KForm 4
May 13, 2026Korolenko AndreyChief Infrastructure OfficerSale500,000$203.24$101.6MForm 4
May 13, 2026Korolenko AndreyChief Infrastructure OfficerSale500,000$203.24$101.6MForm 4

All 32 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Mar 30, 2026Alan ArmstrongRepublican, SenateBuy$1,001 - $15,000+82.1%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Nebius Group is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARNebius Group N.V.2
  • CIK0001513845
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company39
  • Incorporated inNetherlands39
  • Industry code (SIC)7370 Services-Computer Programming, Data Processing, Etc.2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business addressBurgerweeshuispad 101, Amsterdam, 1076 ER, Netherlands2
  • Phone312020669702
  • Shares outstanding219,465,088 Common Class A shares; 33,551,883 Common Class B shares as of Dec 31, 202539
  • AuditorReanda Audit & Assurance B.V., Amsterdam, the Netherlands PCAOB ID 7018; it also attests to the company’s internal control over financial reporting39
  • On EDGAR sinceApr 28, 20112
  • Filings503 in all: 6-K (247), SC 13G/A (52), 4 (42), 144 (33), SC 13G (22), 20-F (16), 3 (15), FWP (9)2
    All 29 form types

    UPLOAD (8), 424B5 (6), CORRESP (6), SCHEDULE 13G/A (6), 20-F/A (5), 424B7 (4), SC 13D/A (4), SCHEDULE 13G (4), CB (3), CT ORDER (3), F-1/A (3), F-3ASR (3), S-8 (3), 4/A (2), 424B1 (1), 6-K/A (1), 8-A12B (1), CERTNAS (1), EFFECT (1), F-1 (1), SC 13D (1)

  • Latest filingsAnnual report (20-F) Apr 30, 2026

Securities registered for trading

ClassSymbolExchange
Class A Ordinary SharesNBISNASDAQ

From the cover page of the 20-F filed Apr 30, 2026 (Section 12(b) of the Exchange Act).39

Sources

The numbers on this page point here. Each one links to the record it came from.

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    Company websiteNebius Group logo
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    Company websiteNebius Group photo
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