Nebius (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 (NBIS) Operating Margin (2010 - 2026) Analysis & Trends
Nebius has reported Operating Margin for 17 years, with the latest figure 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%, up 32126.0% 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.
- Over five years, Operating Margin peaked at 8.11% in Q3 2022 and troughed at 876.56% in Q2 2024.
- A 5-year average of 164.79% and a median of 32.08% in 2026 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2024 and 2025: Operating Margin sank 87656 bps in 2024, then soared 77076 bps in 2025.
- Over 5 years, Operating Margin stood at 3.72% in 2022, then plunged by 100 bps to 0.0% in 2023, then sank by 27787637 bps to 387.78% in 2024, then soared by 73 bps to 102.99% in 2025, then jumped by 69 bps to 32.08% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 32.08%, 102.99%, and 89.12% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,255.28 Bn | 3,826.24 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,552.50 Bn | 1,462.24 Bn | 49.47 Bn | 30.88% |
| 3 | Taboola.com | 1,147.41 Bn | 1,147.28 Bn | 139.48 Mn | 1.52% |
| 4 | Baidu | 288.87 Bn | 284.38 Bn | 1.88 Mn | 10.65% |
| 5 | Spotify Technology | 104.29 Bn | 94.05 Bn | 1.75 Bn | 23.32% |
| 6 | Joyy | 78.58 Bn | 77.69 Bn | 205.64 Mn | 3.14% |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 18.99% |
| 8 | Nebius | 49.09 Bn | 39.47 Bn | 295.20 Mn | -32.08% |
| 9 | 30.80 Bn | 28.01 Bn | 734.60 Mn | 28.79% | |
| 10 | Tencent Music Entertainment | 27.36 Bn | 24.66 Bn | 514.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |