NASDAQ$NBIS
Nebius Group NV · Q2 2025 earnings
Q2 2025 earnings · · Investor relations
Briefing
Nebius Group reported strong H1 2025 revenue growth with net income boosted by investment revaluation.
Core AI infrastructure revenue scaled rapidly in the first half of 2025 as GPU capacity and customer count grew. Reported net income in the interim period reflected a large gain on revaluation of equity investments alongside higher operating investment in data centers.
- AI infrastructure revenue grew sharply YoY.
- Operating loss reflects data-center build-out and R&D.
- Investment revaluation materially affected reported net income.
- GPU capacity expansion remains the growth driver.
Headline financials
Revenue & EPS history
Nebius Group NV · Revenue · Quarterly
$100M
Forward guidance
Growth companies cite volume growth, investment spend, and funding needs.
Tailwinds
- Revenue growth and platform adoption.
- Strategic contracts and partnerships.
Headwinds
- Operating losses and capital intensity.
- Execution delays on major programs.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 4 quarterly earnings reports · overlaid with Q2 2025
+1.1%
Avg return
Earnings day
-0.1%
Avg return
5 days after
+10.9%
Avg return
30 days after
48%
11 / 23 earnings
Positive
+18.6%
Q4 2021
Best reaction
-9.3%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q4 2025 | -2.6% | -5.3% | +29.2% | |
| Q1 2026 | -1.7% | +9.0% | +44.6% | |
| Q3 2025 | -7.2% | -24.0% | -14.3% | |
| Q2 2025 | +18.6% | +36.7% | +18.8% | |
| Q1 2025 | +4.2% | +2.7% | +28.6% | |
| Q4 2024 | +1.3% | -5.9% | -30.4% | |
| Q3 2024 | -9.3% | -13.9% | -0.3% | |
| Q2 2024 | — | — | — | |
| Q1 2024 | — | — | — | |
| Q4 2023 | — | — | — | |
| Q3 2023 | — | — | — | |
| Q2 2023 | +0.0% | — | — | |
| Q4 2022 | +0.0% | — | — | |
| Q4 2021 | +18.6% | — | — | |
| Q3 2021 | — | — | — | |
| Q2 2021 | — | — | — | |
| Q4 2020 | -5.0% | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q4 2019 | -6.6% | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q4 2018 | -4.6% | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q4 2017 | +8.3% | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q4 2016 | +6.6% | — | — | |
| Q2 2016 | — | — | — | |
| Q4 2015 | +5.3% | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q4 2014 | +1.3% | — | — | |
| Q4 2013 | -8.0% | — | — | |
| Q4 2012 | -7.2% | — | — | |
| Q4 2010 | +7.4% | — | — | |
| Q4 2011 | +7.4% | — | — | |
| Q4 2009 | +7.4% | — | — | |
| Q2 2011 | -9.2% | — | — | |
| Q3 2010 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
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