← Research LibraryThe BriefFY2025 20-F · headline figures audited against SEC data
Revenue rose 479.0% to $0.53B as the AI cloud business scaled, but capital spending of $4.07B drove free cash flow to minus $3.68B and the operating loss widened to $0.61B.
The read at a glance✓ Audited against SEC data
- Growth — Revenue +479.0% to $0.53BOK
- Profitability — Operating loss $0.61B; net income $0.08B on an investment gainWatch
- Cash — Free cash flow minus $3.68B; capital expenditure +403.5%Watch
- Accounting — Manipulation screen flags; material weaknesses not yet remediatedWatch
- Funding — Long-term debt $4.10B; convertible notes issued in 2025Watch
- Insiders — 95 sales, no open-market purchasesWatch
Business
Nebius Group, which in 2024 divested its businesses in Russia and certain international markets, now runs Nebius, a full-stack AI cloud platform, plus Avride, a developer of autonomous vehicles and delivery robots, and TripleTen, an edtech platform. It also holds stakes in ClickHouse and Toloka. Its parent's functional currency is the US dollar. It is a controlled company under Nasdaq rules.
Where the revenue comes from
Fiscal 2025, as Nebius Group N.V. reports it. History and quarterly detail are in the app.
- Nebius$480.3M
- Triple Ten$54.1M
- Avride$1.3M
Latest filings
- 6-K · Company announcement (foreign filer)2026-10-01
- 6-K · Company announcement (foreign filer)2026-09-08
- 6-K · Company announcement (foreign filer)2026-08-26
- 6-K · Company announcement (foreign filer)2026-08-24
- 6-K · Company announcement (foreign filer)2026-08-20
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Nebius Group N.V., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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