Nebius (NBIS) Free Cash Flow (2010 - 2026)

Nebius' (NBIS) quarterly Free Cash Flow came in at $4.7 billion in Q1 2026, up 1265.73% year-on-year from $346.4 million in Q1 2025, and up 63.68% quarter-over-quarter from $2.9 billion in Q4 2025.

Nebius (NBIS) Free Cash Flow (2010 - 2026) Analysis & Trends

Nebius has disclosed Free Cash Flow across 17 years of filings, most recently posting $4.7 billion for Q1 2026.

  • Free Cash Flow for Q1 2026 came in at $4.7 billion, up 1265.73% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.8 billion (up 996.71% YoY), and the FY2025 annual result was -$655.8 million, down 367.13% from the prior year.
  • Free Cash Flow came in at $4.7 billion for Q1 2026 at Nebius, up from $2.9 billion in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $49.2 billion in Q3 2023 to a low of $116.3 million in Q3 2024.
  • The 5-year median for Free Cash Flow is $9.3 billion (2022), against an average of $15.2 billion.
  • Across the five-year window, Free Cash Flow plunged 99.76% in 2024 and surged 1265.73% in 2026, its largest moves.
  • Nebius' Free Cash Flow stood at $18.6 billion in 2022, then surged by 163.86% to $49.2 billion in 2023, then tumbled by 99.3% to $342.9 million in 2024, then surged by 742.9% to $2.9 billion in 2025, then jumped by 63.68% to $4.7 billion in 2026.
  • The last three Free Cash Flow figures came in at $4.7 billion (Q1 2026), $2.9 billion (Q4 2025), and $874.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn 4.73 Bn
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 10.12 Bn
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 16.19 Bn
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn 984.60 Mn
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 311.16 Mn
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn 311.68 Mn
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn 171.82 Mn
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 173.97 Mn
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn 286.01 Mn
10 Zillow 7.56 Bn 6.78 Bn 519.00 Mn 166.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.73 Bn
Mar 31, 2026 4.73 Bn
Dec 31, 2025 2.89 Bn
Dec 31, 2025 2.89 Bn
Sep 30, 2025 874.90 Mn
Sep 30, 2025 874.90 Mn
Jun 30, 2025 339.00 Mn
Jun 30, 2025 339.00 Mn
Mar 31, 2025 346.40 Mn
Mar 31, 2025 346.40 Mn
Dec 31, 2024 342.90 Mn
Dec 31, 2024 342.90 Mn
Sep 30, 2024 116.30 Mn
Sep 30, 2024 116.30 Mn
Sep 30, 2023 49.21 Bn
Sep 30, 2023 49.21 Bn
Jun 30, 2023 31.97 Bn
Jun 30, 2023 31.97 Bn
Mar 31, 2023 29.27 Bn
Mar 31, 2023 29.27 Bn