Loading...
•
Dec 31, 2025
Nebius Group NV Q4 2025 Earnings Report
Nebius Group reported fourth quarter 2025 revenue of $227700000 and an adjusted EBITDA of $15000000, while net loss widened to $249600000.
Key Takeaways
Nebius Group delivered strong top-line growth in Q4 2025 with revenue increasing to $227700000, up significantly year-over-year. Despite improved adjusted EBITDA of $15000000, the company reported a net loss of $249600000 driven by substantial operating expenses, including higher depreciation and amortization.
Revenue increased to $227700000 compared to $35200000 in Q4 2024.
Adjusted EBITDA turned positive at $15000000 versus a loss of $63900000 in the prior year.
Net loss from continuing operations was $249600000.
Total operating costs and expenses rose to $462200000, driven by $180700000 in depreciation and amortization.
Forward Guidance
Management emphasized continued investment in AI infrastructure and expansion of global capacity, supported by strong liquidity and capital raising activity in 2025.
Positive Outlook
- Adjusted EBITDA turned positive in Q4 2025.
- Strong revenue growth momentum entering 2026.
- Cash and cash equivalents of $3678100000 provide substantial liquidity.
- Successful capital raises including convertible notes issuance during 2025.
- Expanding AI infrastructure and global footprint.
Challenges Ahead
- Net loss remained significant at $249600000.
- High capital expenditures of $2056000000 during the quarter.
- Total operating costs and expenses exceeded revenue.
- Depreciation and amortization expenses increased sharply year-over-year.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...