Nebius Group N.V. (NBIS) Operating Margin (2010 - 2026)

Nebius (NBIS) posted Operating Margin of 32.08% for Q1 2026, up 68.85% sequentially from 102.99% in Q4 2025, and up 20427.0% YoY from N/an in Q1 2025.

Nebius Group N.V. (NBIS) Operating Margin (2010 - 2026) Analysis & Trends

Nebius (NBIS) has 17 years of Operating Margin data on file, last reported at 32.08% in Q1 2026.

  • Quarterly Operating Margin rose 20427.0% year-over-year to 32.08% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 68.79% (up 27442.0% YoY) and the FY2025 annual result came in at 115.46%, down 1590.0% from the prior year.
  • Operating Margin improved to 32.08% in Q1 2026 per NBIS's latest filing, from 102.99% in the prior quarter.
  • The five-year high for Operating Margin was 8.11% in Q3 2022, with the low at 1395.52% in Q4 2023.
  • Average Operating Margin over 5 years is 246.88%, with a median of 89.12% recorded in 2025.
  • Year-over-year, Operating Margin plunged 139924 bps in 2023 and surged 100774 bps in 2024.
  • Nebius' Operating Margin stood at 3.72% in 2022, then sank by 37631 bps to 1395.52% in 2023, then jumped by 72 bps to 387.78% in 2024, then jumped by 73 bps to 102.99% in 2025, then surged by 69 bps to 32.08% in 2026.
  • Business Quant data shows NBIS's Operating Margin at 32.08% in Q1 2026, 102.99% in Q4 2025, and 89.12% in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 -32.08%
Dec 31, 2025 -102.99%
Sep 30, 2025 -89.12%
Jun 30, 2025 -105.80%
Mar 31, 2025 -236.35%
Dec 31, 2024 -387.78%
Sep 30, 2024 -251.09%
Jun 30, 2024 -876.56%
Mar 31, 2024 -727.19%
Dec 31, 2023 0.00%
Sep 30, 2023 0.00%
Jun 30, 2023 0.00%
Mar 31, 2023 0.00%
Dec 31, 2022 3.72%
Sep 30, 2022 8.11%
Jun 30, 2022 7.43%
Mar 31, 2022 -11.73%
Dec 31, 2021 -2.36%
Sep 30, 2021 -6.23%
Jun 30, 2021 -5.80%