Nebius (NBIS) EBITDA (2010 - 2026)

Nebius' (NBIS) quarterly EBITDA came in at -$128.0 million in Q1 2026, down 6.4% year-on-year from -$136.8 million in Q1 2025, and up 45.42% quarter-over-quarter from -$234.5 million in Q4 2025.

Nebius (NBIS) EBITDA (2010 - 2026) Analysis & Trends

Nebius has disclosed EBITDA across 17 years of filings, most recently posting -$128.0 million for Q1 2026.

  • EBITDA for Q1 2026 came in at -$128.0 million, down 6.4% year-over-year; the trailing twelve-month figure through Mar 2026 was -$603.9 million (down 34.32% YoY), and the FY2025 annual result was -$64.9 million, up 71.32% from the prior year.
  • EBITDA came in at -$128.0 million for Q1 2026 at Nebius, up from -$234.5 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $31.2 billion in Q1 2024 to a low of -$240.7 million in Q4 2023.
  • The 5-year median for EBITDA is -$80.6 million (2024), against an average of $6.2 billion.
  • Across the five-year window, EBITDA surged 84728476721.19% in 2023 and slumped 39465453.5% in 2024, its largest moves.
  • Nebius' EBITDA stood at $17.2 billion in 2022, then plunged by 101.4% to -$240.7 million in 2023, then soared by 43.29% to -$136.5 million in 2024, then sank by 71.79% to -$234.5 million in 2025, then soared by 45.42% to -$128.0 million in 2026.
  • The last three EBITDA figures came in at -$128.0 million (Q1 2026), -$234.5 million (Q4 2025), and -$130.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn -128.00 Mn
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 39.70 Bn
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 22.87 Bn
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn 837.08 Mn
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 182.91 Mn
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn -80.29 Mn
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn 90.03 Bn
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 250.55 Mn
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn -74.45 Mn
10 Zillow 7.56 Bn 6.78 Bn 519.00 Mn 36.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -128.00 Mn
Dec 31, 2025 -234.50 Mn
Sep 30, 2025 -130.20 Mn
Jun 30, 2025 -111.20 Mn
Mar 31, 2025 -120.30 Mn
Dec 31, 2024 -136.50 Mn
Sep 30, 2024 -80.60 Mn
Jun 30, 2024 -112.20 Mn
Mar 31, 2024 31.18 Bn
Dec 31, 2023 -240.70 Mn
Sep 30, 2023 272.30
Jun 30, 2023 284.30
Mar 31, 2023 12.79 Bn
Dec 31, 2022 17.17 Bn
Sep 30, 2022 20.00 Bn
Jun 30, 2022 25.69 Bn
Mar 31, 2022 15.10
Dec 31, 2021 9.72 Bn
Sep 30, 2021 5.62 Bn
Jun 30, 2021 5.78 Bn