Nebius (NBIS) Operating Margin (2010 - 2026)

Nebius has disclosed Operating Margin across 17 years of filings, most recently posting 32.08% for Q1 2026.

• Operating Margin for Q1 2026 came in at 32.08%, up 20427.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 68.79% (up 27442.0% YoY), and the FY2025 annual result was 115.46%, down 1590.0% from the prior year.
• Operating Margin came in at 32.08% for Q1 2026 at Nebius, up from 102.99% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 8.11% in Q3 2022 to a low of 876.56% in Q2 2024.
• The 5-year median for Operating Margin is 32.08% (2026), against an average of 164.79%.
• Across the five-year window, Operating Margin sank 87656 bps in 2024 and jumped 77076 bps in 2025, its largest moves.
• Nebius' 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 jumped by 73 bps to 102.99% in 2025, then surged by 69 bps to 32.08% in 2026.
• The last three Operating Margin figures came in at 32.08% (Q1 2026), 102.99% (Q4 2025), and 89.12% (Q3 2025), per Business Quant data.