The table below shows Nebius Group N.V.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$529.80M
$91.50M
$9.80M
$13.50M
$4.79B
$2.96B
Cost of revenue
$166.20M
$43.70M
$19.60M
$28.40M
$2.34B
$1.16B
Gross profit
-
-
-
-
-
-
R&D
$177.30M
$114.80M
$87.10M
$58.30M
$652.30M
$491.90M
SG&A
NBIS annual revenue (10-K history)
Nebius Group N.V. reported annual revenue of $529.80M for fiscal year 2025. That is up 479.0% from $91.50M in fiscal 2024. Over the 10 fiscal years shown, annual revenue declined from $1.25B (FY 2016) to $529.80M. Figures come from the company's audited annual reports as filed with the SEC.