Nebius Group N.V. (NBIS) Revenue History
Annual and quarterly revenue from 2009 to present
NBIS Revenue Over Time (2009–2025)
NBIS Revenue Growth History
14 of 16 years with positive growth- FY2009 revenue growth
- N/A
- FY2010 revenue growth
- -95.3%
- FY2011 revenue growth
- +61.5%
- FY2012 revenue growth
- +33.3%
- FY2013 revenue growth
- +42.9%
- FY2014 revenue growth
- +1967.9%
- FY2015 revenue growth
- +0.5%
- FY2016 revenue growth
- +48.4%
- FY2017 revenue growth
- +32.0%
- FY2018 revenue growth
- +12.5%
- FY2019 revenue growth
- +54.2%
- FY2020 revenue growth
- +4.3%
- FY2021 revenue growth
- +61.5%
- FY2022 revenue growth
- -99.7%
- FY2023 revenue growth
- +54.8%
- FY2024 revenue growth
- +462.2%
- FY2025 revenue growth
- +350.9%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $399.0M | +621.5% |
| Q4 2025 | $227.7M | +500.8% |
| Q3 2025 | $146.1M | +237.4% |
| Q2 2025 | $105.1M | +769.7% |
| Q1 2025 | $55.3M | +389.5% |
| Q4 2024 | $37.9M | +465.7% |
| Q3 2024 | $43.3M | +766.0% |
| Q2 2024 | $12.1M | +157.1% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown
NBIS's revenue distribution by segment and geography
By Geography
NBIS Revenue Analysis (2009–2025)
Current Revenue & Growth
As of June 22, 2026, Nebius Group N.V. (NBIS) generated trailing twelve-month (TTM) revenue of $877.9 million, reflecting explosive growth of +621.5% year-over-year. The most recent quarter (Q1 2026) recorded $399.0 million in revenue, up 75.2% sequentially.
Historical Growth Trajectory
NBIS's 5-year compound annual growth rate (CAGR) stands at -29.0%, indicating revenue contraction over this period. The 3-year CAGR of +239.8% exceeds the 5-year average, indicating an acceleration in the most recent period. Nebius Group N.V.'s highest annual revenue of $4.76 billion was recorded in 2021.
Peer Comparison
Compared to Communication Services sector peers — including LGND (+51.2% YoY), GPUS (+16.6% YoY), and ANET (+30.6% YoY) — NBIS has outperformed the peer group in revenue growth. Compare NBIS vs LGND →
NBIS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| NBISCurrent | $878M | +621.5% | -29.0% | -112.5% | |
 LGND | $268M | +51.2% | +10.4% | 17.6% | |
 GPUS | $102M | +16.6% | +33.7% | -50.6% | |
 ANET | $9.0B | +30.6% | +31.2% | 42.8% | |
 VRT | $10.2B | +29.0% | +18.5% | 18.5% | |
 AMZN | $716.9B | +14.2% | +13.2% | 11.2% |
NBIS Historical Revenue Data (2009–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $529.8M | +350.9% | $363.6M | 68.6% | $-596,200,000 | -112.5% |
| 2024 | $117.5M | +462.2% | $44.1M | 37.5% | $-440,700,000 | -375.1% |
| 2023 | $20.9M | +54.8% | $-11,000,000 | -52.6% | $-327,500,000 | -1567.0% |
| 2022 | $13.5M | -99.7% | $-14,900,000 | -110.4% | $-158,000,000 | -1170.4% |
| 2021 | $4.76B | +61.5% | $2.43B | 51.2% | $-177,405,367 | -3.7% |
| 2020 | $2.95B | +4.3% | $1.79B | 60.7% | $211.5M | 7.2% |
| 2019 | $2.83B | +54.2% | $1.93B | 68.2% | $395.7M | 14.0% |
| 2018 | $1.83B | +12.5% | $1.32B | 71.9% | $299.1M | 16.3% |
| 2017 | $1.63B | +32.0% | $1.21B | 74.5% | $222.4M | 13.7% |
| 2016 | $1.23B | +48.4% | $913.1M | 74.0% | $208.8M | 16.9% |
| 2015 | $831.5M | +0.5% | $597.8M | 71.9% | $133.4M | 16.0% |
| 2014 | $827.2M | +1967.9% | $593.6M | 71.8% | $249.7M | 30.2% |
| 2013 | $40.0M | +42.9% | $25.0M | 62.5% | $13.0M | 32.5% |
| 2012 | $28.0M | +33.3% | $18.0M | 64.3% | $9.0M | 32.1% |
| 2011 | $21.0M | +61.5% | $14.0M | 66.7% | $8.0M | 38.1% |
Full Stock Analysis
Deep dive into NBIS consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
17+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
NBIS — Frequently Asked Questions
Quick answers to the most common questions about buying NBIS stock.
Is NBIS's revenue growth accelerating or slowing?
NBIS revenue growth is accelerating. TTM revenue reached $878M, up +621.5% year-over-year — ahead of the 5-year CAGR of -29.0%. This indicates the business is expanding faster than its historical baseline.
What is NBIS's revenue history from 2009 to 2026?
Nebius Group N.V. (NBIS) revenue history spans 2009 to 2026. TTM revenue as of 2026 is $878M, growing at +621.5% YoY. The 5-year CAGR is -29.0%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is NBIS's long-term revenue growth rate (CAGR)?
Nebius Group N.V.'s 5-year revenue CAGR of -29.0% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +621.5% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for NBIS.
Why does NBIS's quarterly revenue fluctuate?
NBIS quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Nebius Group N.V.'s revenue data from 2009 to 2026 shows full historical quarterly detail on this page.
How is NBIS's revenue distributed by segment?
NBIS reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does NBIS's revenue compare to industry peers?
Nebius Group N.V. (NBIS) with TTM revenue of $878M and +621.5% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.