Nebius (NBIS) Free Cash Flow (2010 - 2026)
Nebius (NBIS) posted Free Cash Flow of $4.7 billion for Q1 2026, up 63.68% sequentially from $2.9 billion in Q4 2025, and up 1214.87% YoY from $359.8 million in Q1 2025.
Analysis
Nebius (NBIS) Free Cash Flow (2010 - 2026) Analysis & Trends
Nebius has reported Free Cash Flow for 17 years, with the latest figure at $4.7 billion in Q1 2026.
- Quarterly Free Cash Flow rose 1214.87% year-over-year to $4.7 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.8 billion (up 975.16% YoY) and the FY2025 annual result came in at -$3.7 billion, down 1257.07% from the prior year.
- Free Cash Flow grew to $4.7 billion in Q1 2026 per NBIS's latest filing, from $2.9 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $49.2 billion in Q3 2023 and troughed at $116.3 million in Q3 2024.
- A 5-year average of $14.9 billion and a median of $4.7 billion in 2026 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2024 and 2026: Free Cash Flow plunged 99.76% in 2024, then soared 1214.87% in 2026.
- Over 5 years, Free Cash Flow stood at $31.1 billion in 2022, then surged by 58.38% to $49.2 billion in 2023, then plunged by 99.3% to $344.4 million in 2024, then soared by 739.23% to $2.9 billion in 2025, then soared by 63.68% to $4.7 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $4.7 billion, $2.9 billion, and $874.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | -5.86 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 1.75 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 971.73 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 7.90 Bn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 260.74 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | - |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 420.61 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 269.93 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 352.53 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | 120.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.90 Bn |
| Jun 30, 2026 | 7.90 Bn |
| 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 | 342.70 Mn |
| Jun 30, 2025 | 342.70 Mn |
| Mar 31, 2025 | 359.80 Mn |
| Mar 31, 2025 | 359.80 Mn |
| Dec 31, 2024 | 344.40 Mn |
| Dec 31, 2024 | 344.40 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 |