NASDAQ$NBIS
Nebius Group NV · Q3 2025 earnings
Q3 2025 earnings · · Before market open · Investor relations
Briefing
Nebius Group Q3 revenue surges to $146M as AI cloud infrastructure scales
Nebius Group reported Q3 2025 revenue of $146.1 million, up sharply from $32.1 million a year ago, as the company scaled its AI-centric cloud infrastructure business following its restructuring from Yandex. Loss from operations widened to $130.2 million from $80.6 million on higher product development and sales spending tied to data center buildout. Net loss from continuing operations was $119.6 million, or $0.50 per diluted share, compared with a $43.6 million loss in Q3 2024. Cost of revenue was $42.9 million and gross profit approximated $103.2 million. Nine-month revenue reached $302.1 million while the company ended the quarter with $4.8 billion in cash and equivalents, supported by capital raises funding GPU infrastructure expansion.
- Q3 revenue $146.1M vs $32.1M prior year; nine-month revenue $302.1M vs $56.3M.
- Loss from operations $(130.2)M; net loss from continuing ops $(119.6)M ($0.50/share).
- Product development $44.9M and SG&A $89.5M reflect heavy AI infrastructure investment.
- Cash and equivalents $4.79B at September 30, 2025; property and equipment $3.31B.
- Nine-month net income $351.3M benefited from $597.4M investment revaluation gain.
Headline financials
Revenue & EPS history
Nebius Group NV · Revenue · Quarterly
$146M
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 Q3 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 |
|---|---|---|---|---|
| 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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