← Nebius Group N.V.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.3b | $1.6b | $1.8b | $2.2b | $3.0b | $4.8b | $7.4b | $8.9b | $117.5m | $529.8m | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $1.8b | $2.2b | $272.7m | $752.6m | $1.3b | — | — | — | |
| Cost of Revenue | $325.7m | $415.6m | $516.6m | $707.5m | $1.2b | $2.3b | $3.3b | $4.0b | $73.4m | $166.2m | |
| Gross Profit (Calculated) | $926.0m | $1.2b | $1.3b | $1.5b | $1.8b | $2.5b | $4.1b | $4.9b | $44.1m | $363.6m | |
| Operating expenses: | |||||||||||
| Operating Income (Loss) | $211.8m | $226.3m | $300.3m | $313.3m | $220.0m | ($178.7m) | $188.2m | $317.4m | ($440.7m) | ($611.7m) | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $32.2m | $36.6m | $33.2m | $33.1m | $51.8m | $80.1m | $108.5m | $117.3m | $1.9m | $6.9m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($63.2m) | ($31.0m) | $45.4m | ($16.4m) | $38.4m | $3.2m | $133.5m | $254.8m | ($17.5m) | $27.2m | |
| Gain (Loss) on Investments | $2.6m | $600k | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | $0 | $0 | $9.7m | — | $0 | $0 | $12.7m | $0 | $0 | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | ($180.0m) | ($341.5m) | ($1) | $0 | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | — | ($180.0m) | ($341.5m) | ($1) | $0 | |
| Income (Loss) from Equity Method Investments | $3.6m | $6.5m | ($2.8m) | ($49.3m) | ($29.4m) | $85.7m | ($13.2m) | ($17.9m) | $400k | ($24.3m) | |
| Interest Income, Other | — | — | — | — | — | $12.0m | $13.8m | $15.4m | — | — | |
| Investment Income, Interest | $27.3m | $50.5m | $48.7m | $42.0m | $52.4m | $62.1m | $67.1m | $62.9m | $63.6m | $31.8m | |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss | — | — | — | — | — | — | — | — | — | $55.2m | |
| Operating Lease, Lease Income | — | — | — | — | — | — | — | $118.2m | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | $289.9m | $503.6m | ($97.2m) | $1.0b | $481.1m | ($394.0m) | $13.8m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | $180.0m | $341.5m | ($393.5m) | $9.8m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $125.1m | $24.6m | ($247.9m) | $72.7m | |
| Net Income (Loss) Attributable to Parent | $112.0m | $152.4m | $685.0m | $12.8b | $345.3m | ($197.2m) | $561.1m | $221.5m | ($641.4m) | $82.5m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $112.0m | $152.4m | $685.0m | $162.6m | $345.3m | ($197.4m) | $561.1m | $221.5m | ($641.4m) | $82.5m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($200k) | ($2.1m) | ($24.9m) | ($20.6m) | ($18.4m) | $200k | $115.9m | $21.3m | — | — | |
| Earnings Per Share, Basic | $0.35 | $0.47 | $2.10 | $0.50 | $1.01 | ($0.54) | $1.52 | $0.60 | ($2.28) | $0.34 | |
| Earnings Per Share, Diluted | $0.34 | $0.46 | $2.04 | $0.48 | $0.98 | ($0.54) | $1.17 | $0.59 | ($2.28) | $0.33 | |
| Weighted Average Number of Shares Outstanding, Basic | 320.8m | 324.7m | 326.7m | 327.1m | 340.8m | 362.4m | 368.0m | 370.8m | 281.0m | 242.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 326.1m | 331.2m | 335.2m | 335.4m | 353.4m | 362.4m | 377.0m | 373.1m | 281.0m | 247.7m | |
| Research and Development Expense | $261.0m | $325.7m | $324.9m | $370.4m | $491.9m | $652.3m | $1.0b | $1.1b | $129.7m | $177.3m | |
| Selling, General and Administrative Expense | $294.8m | $470.2m | $521.1m | $636.1m | $843.8m | $1.7b | $2.4b | $3.0b | $277.8m | $380.1m | |
| Other Nonoperating Income (Expense) | ($56.0m) | ($25.4m) | $42.0m | ($15.2m) | $32.4m | ($16.3m) | $133.1m | $239.8m | ($17.3m) | $80.6m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | — | $61.5m | |
| Costs and Expenses | $1.0b | $1.4b | $1.5b | $1.9b | $2.7b | $5.0b | $7.2b | $8.6b | $558.2m | $1.1b | |
| Current Income Tax Expense (Benefit) | $71.3m | $111.8m | $150.7m | $124.5m | $167.4m | $169.5m | $258.2m | $244.8m | $2.4m | $7.4m | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $39.8m | — | — | — | |
| Interest Expense | $19.9m | $15.6m | $13.6m | $900k | $32.1m | $50.0m | $48.3m | $121.1m | $0 | $61.5m | |
| Marketing and Advertising Expense | $117.6m | $226.6m | $221.3m | $232.7m | $267.1m | — | — | — | $25.3m | — | |
| Income Tax Expense (Benefit) | $71.3m | $85.5m | $123.9m | $147.9m | $176.7m | $100.0m | $323.2m | $238.3m | ($500k) | $4.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.