Nebius (NBIS) EBITDA Margin (2010 - 2026)
Nebius (NBIS) posted EBITDA Margin of 32.46% for Q1 2026, up 392.68% sequentially from 6.59% in Q4 2025, and up 13796.0% YoY from N/an in Q1 2025.
Analysis
Nebius (NBIS) EBITDA Margin (2010 - 2026) Analysis & Trends
Nebius has reported EBITDA Margin for 17 years, with the latest figure at 32.46% in Q1 2026.
- Quarterly EBITDA Margin rose 13796.0% year-over-year to 32.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 13.48% (up 18264.0% YoY) and the FY2025 annual result came in at 12.25%, up 23507.0% from the prior year.
- EBITDA Margin improved to 32.46% in Q1 2026 per NBIS's latest filing, from 6.59% in the prior quarter.
- Over five years, EBITDA Margin peaked at 32.46% in Q1 2026 and troughed at 621.93% in Q1 2024.
- A 5-year average of 84.82% and a median of 0.0% in 2023 frame the typical range for EBITDA Margin.
- The sharpest annual moves came in 2024 and 2025: EBITDA Margin tumbled 62193 bps in 2024, then surged 51643 bps in 2025.
- Over 5 years, EBITDA Margin stood at 10.42% in 2022, then tumbled by 100 bps to 0.0% in 2023, then tumbled by 14960274 bps to 181.53% in 2024, then surged by 104 bps to 6.59% in 2025, then jumped by 393 bps to 32.46% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 32.46%, 6.59%, and 3.56% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 30.88% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 21.88% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -30.21% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 28.79% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 4.70% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -4.68% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 30.57% |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | -10.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -30.21% |
| Mar 31, 2026 | 32.46% |
| Dec 31, 2025 | 6.59% |
| Sep 30, 2025 | -3.56% |
| Jun 30, 2025 | -19.98% |
| Mar 31, 2025 | -105.50% |
| Dec 31, 2024 | -181.53% |
| Sep 30, 2024 | -142.99% |
| Jun 30, 2024 | -453.91% |
| Mar 31, 2024 | -621.93% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 3.72% |
| Sep 30, 2022 | 8.11% |
| Jun 30, 2022 | 21.82% |
| Mar 31, 2022 | 1.20% |
| Dec 31, 2021 | -6.79% |
| Sep 30, 2021 | 0.31% |