Nebius (NBIS) Operating Income (2010 - 2026)

Nebius (NBIS) posted Operating Income of -$128.0 million for Q1 2026, up 45.42% sequentially from -$234.5 million in Q4 2025, and down 6.4% YoY from -$136.8 million in Q1 2025.

Nebius (NBIS) Operating Income (2010 - 2026) Analysis & Trends

Nebius has reported Operating Income for 17 years, with the latest figure at -$128.0 million in Q1 2026.

  • Quarterly Operating Income fell 6.4% year-over-year to -$128.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$603.9 million (down 34.32% YoY) and the FY2025 annual result came in at -$611.7 million, down 53.08% from the prior year.
  • Operating Income improved to -$128.0 million in Q1 2026 per NBIS's latest filing, from -$234.5 million in the prior quarter.
  • Over five years, Operating Income peaked at $10.8 billion in Q3 2022 and troughed at -$12.4 billion in Q1 2022.
  • A 5-year average of $812.9 million and a median of -$93.5 million in 2023 frame the typical range for Operating Income.
  • The widest YoY moves for Operating Income: up 335.38% in 2022, down 4556.93% in 2022.
  • Over 5 years, Operating Income stood at $6.1 billion in 2022, then tumbled by 101.53% to -$93.5 million in 2023, then sank by 45.99% to -$136.5 million in 2024, then sank by 71.79% to -$234.5 million in 2025, then surged by 45.42% to -$128.0 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered -$128.0 million, -$234.5 million, and -$130.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Alphabet 4,250.36 Bn 3,821.32 Bn 73.85 Bn 40.77 Bn
2 Meta Platforms 1,547.59 Bn 1,457.33 Bn 49.47 Bn 18.78 Bn
3 Taboola.com 1,140.46 Bn 1,140.32 Bn 139.48 Mn 7.26 Mn
4 Baidu 287.92 Bn 283.43 Bn 1.88 Mn 495.00 Mn
5 Spotify Technology 105.84 Bn 95.60 Bn 1.75 Bn 1.24 Bn
6 Joyy 78.10 Bn 77.21 Bn 205.64 Mn 18.27 Mn
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 102,075.00
8 Nebius 49.84 Bn 40.21 Bn 295.20 Mn -128.00 Mn
9 Reddit 31.14 Bn 28.35 Bn 734.60 Mn 231.72 Mn
10 Tencent Music Entertainment 27.38 Bn 24.68 Bn 514.00 Mn 384.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -128.00 Mn
Dec 31, 2025 -234.50 Mn
Sep 30, 2025 -130.20 Mn
Jun 30, 2025 -111.20 Mn
Mar 31, 2025 -120.30 Mn
Dec 31, 2024 -136.50 Mn
Sep 30, 2024 -80.60 Mn
Jun 30, 2024 -112.20 Mn
Mar 31, 2024 -82.90 Mn
Dec 31, 2023 -93.50 Mn
Sep 30, 2023 -77.60 Mn
Jun 30, 2023 -78.40 Mn
Mar 31, 2023 1.97 Bn
Dec 31, 2022 6.13 Bn
Sep 30, 2022 10.80 Bn
Jun 30, 2022 8.75 Bn
Mar 31, 2022 -12.43 Bn
Dec 31, 2021 -2.60 Bn
Sep 30, 2021 -5.68 Bn
Jun 30, 2021 -4.72 Bn