Nebius (NBIS) Net Margin (2010 - 2026)
Nebius (NBIS) recorded Net Margin of -32.70% in the quarter ended Jun 30, 2026, up 54.36 percentage points from -87.06% a year earlier but down 188.39 percentage points from the prior quarter.
Nebius (NBIS) Net Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Nebius' Net Margin came in at 66.10% as of Jun 30, 2026, up 261.31 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 15.57%, up 716.56 percentage points from the prior year.
- Annual Net Margin has a five-year change of +4.25 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Net Margin came in at -700.98% in the year ended Dec 31, 2024 (-703.47 pp), 2.48% in the year ended Dec 31, 2023 (-4321.85 pp), 4324.33% in the year ended Dec 31, 2022 (+4328.45 pp) and -4.12% in the year ended Dec 31, 2021 (-15.44 pp).
- Quarterly Net Margin has ranged from -2776.32% in the quarter ended Mar 31, 2024 to 509.31% in the quarter ended Mar 31, 2023 over the past five years.
- On a year-over-year basis, Net Margin has increased for nine consecutive quarters, with an average year-over-year change of +819.82 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 2553.13 percentage points in the quarter ended Mar 31, 2025, against a drop of 3285.62 percentage points in the quarter ended Mar 31, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 155.69% (quarter ended Mar 31, 2026), 256.70% (quarter ended Dec 31, 2025) and -81.86% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,932.24 Bn | 3,855.40 Bn | 60.48 Bn | 39.74% |
| 2 | International Business Machines | 219.04 Bn | 169.85 Bn | 9.91 Bn | 12.62% |
| 3 | Cloudflare | 104.70 Bn | 88.23 Bn | 499.52 Mn | -24.42% |
| 4 | Equinix | 97.19 Bn | 85.75 Bn | 1.40 Bn | 18.25% |
| 5 | Nebius | 40.23 Bn | 13.66 Bn | 448.70 Mn | -32.70% |
| 6 | CoreWeave | 33.76 Bn | 20.85 Bn | 1.70 Bn | -24.31% |
| 7 | Verisign | 27.46 Bn | 24.67 Bn | 384.60 Mn | 49.82% |
| 8 | Nutanix | 17.98 Bn | 9.67 Bn | 651.35 Mn | 167.85% |
| 9 | GoDaddy | 13.83 Bn | 9.41 Bn | 828.20 Mn | 18.50% |
| 10 | Akamai Technologies | 12.69 Bn | 6.10 Bn | 613.75 Mn | 7.22% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -32.70% |
| Mar 31, 2026 | 155.69% |
| Dec 31, 2025 | 256.70% |
| Sep 30, 2025 | -81.86% |
| Jun 30, 2025 | 556.04% |
| Mar 31, 2025 | -223.18% |
| Dec 31, 2024 | -388.07% |
| Sep 30, 2024 | -293.46% |
| Jun 30, 2024 | -278.91% |
| Mar 31, 2024 | -2,776.32% |
| Dec 31, 2023 | -1,088.06% |
| Sep 30, 2023 | 153,620.00% |
| Jun 30, 2023 | -1,540.43% |
| Mar 31, 2023 | 1,138.83% |
| Dec 31, 2022 | 3.01% |
| Sep 30, 2022 | 32.42% |
| Jun 30, 2022 | 4.90% |
| Mar 31, 2022 | -13.61% |
| Dec 31, 2021 | -4.01% |
| Sep 30, 2021 | -4.28% |
Nebius Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=NBIS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "NBIS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=NBIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();