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 | 33.56 Bn | 30.79 Bn | 511.94 Mn | 311.16 Mn | |
| 6 | 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| Date | Value |
|---|---|
| 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 |