Revenue
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $529.8M | $91.5M | $9.8M | $1.31B | $752.6M | $272.7M | $2.22B | $1.84B | $1.63B | $1.25B | $820.4M | $902.4M | $1.21B | $947.1M | $622.2M | N/A | N/A |
| Gross profit | $363.6M | $47.8M | −$9.8M | −$2.01B | −$1.59B | −$887.8M | $1.52B | $1.32B | $1.22B | $926.0M | $589.8M | $647.6M | $882.8M | $710.4M | $476.0M | N/A | N/A |
| Gross margin | 68.63% | 52.24% | −100.00% | −153.49% | −211.11% | −325.56% | 68.19% | 71.89% | 74.55% | 73.98% | 71.89% | 71.76% | 73.15% | 75.01% | 76.50% | N/A | N/A |
| Research & development | $177.3M | $114.8M | $87.1M | $58.3M | $652.3M | $491.9M | $370.4M | $324.9M | $325.7M | $261.0M | $184.1M | $157.2M | $178.0M | $140.7M | $97.0M | N/A | N/A |
| Operating expenses | $975.3M | $447.4M | $275.9M | $143.1M | N/A | N/A | $1.20B | $1.02B | $991.0M | $714.2M | $458.2M | $375.2M | $490.6M | $399.2M | $257.5M | N/A | N/A |
| Operating income | −$611.7M | −$399.6M | −$285.7M | −$158.0M | −$178.7M | $220.0M | $313.3M | $300.3M | $226.3M | $211.8M | $131.6M | $272.4M | $392.2M | $311.2M | $218.5M | N/A | N/A |
| Operating margin | −115.46% | −436.72% | −2,915.31% | −12.08% | −23.74% | 80.67% | 14.08% | 16.34% | 13.86% | 16.92% | 16.04% | 30.19% | 32.50% | 32.86% | 35.12% | N/A | N/A |
| EBITDA | −$193.8M | −$322.5M | −$256.4M | −$130.5M | $145.8M | $459.4M | $500.7M | $475.0M | $421.4M | $370.2M | $238.5M | $347.8M | $501.7M | $403.8M | $275.2M | N/A | N/A |
| EBITDA margin | −36.58% | −352.46% | −2,616.33% | −9.98% | 19.37% | 168.46% | 22.51% | 25.85% | 25.81% | 29.58% | 29.07% | 38.54% | 41.57% | 42.64% | 44.23% | N/A | N/A |
| Net income | $82.5M | −$641.4M | $241.3M | $745.6M | −$197.2M | $326.9M | $142.0M | $660.1M | $150.3M | $111.8M | N/A | N/A | N/A | N/A | $179.3M | N/A | N/A |
| Net profit margin | 15.57% | −700.98% | 2,462.24% | 57.00% | −26.20% | 119.88% | 6.38% | 35.92% | 9.20% | 8.93% | N/A | N/A | N/A | N/A | 28.82% | N/A | N/A |
| Basic EPSper basic share | $0.34 | -$2.28 | $0.65 | $2.03 | -$0.54 | $1.01 | $0.50 | $2.10 | $0.47 | $0.35 | $0.42 | $0.95 | $1.26 | $0.83 | $0.57 | N/A | N/A |
| Diluted EPSper diluted share | $0.33 | -$2.28 | $0.65 | $1.59 | -$0.54 | $0.98 | $0.48 | $2.04 | $0.46 | $0.34 | $0.41 | $0.93 | $1.23 | $0.81 | $0.55 | N/A | N/A |
Reported shareholders
| Holder | % owned |
|---|---|
BlackRock, Inc. | ≈5.25%11.53M shares |
GOLDMAN SACHS GROUP INC | ≈4.47%9.8M shares |
Invesco Ltd. | ≈3.16%6.94M shares |
Orbis Allan Gray Ltd | ≈2.96%6.49M shares |
BANK OF AMERICA CORP /DE/ | ≈2.80%6.14M shares |
Value Aligned Research Advisors, LLC | ≈2.78%6.1M shares |
FRED ALGER MANAGEMENT, LLC | ≈2.61%5.73M shares |
UBS Group AG | ≈2.39%5.24M shares |
Situational Awareness LP | ≈2.03%4.46M shares |
LONE PINE CAPITAL LLC | ≈1.94%4.26M shares |
STATE STREET CORP | ≈1.85%4.07M shares |
JPMORGAN CHASE & CO | ≈1.82%4M shares |
JENNISON ASSOCIATES LLC | ≈1.82%3.98M shares |
MORGAN STANLEY | ≈1.71%3.76M shares |
Accel Leaders 4 Associates L.P. | ≈1.67%3.66M shares |
Clear Street Group Inc. | ≈1.65%3.62M shares |
NORGES BANK | ≈1.33%2.91M shares |
Jupiter Topco LLC | ≈1.18%2.59M shares |
Accel Leaders 3 Associates L.P. | ≈1.03%2.25M shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈0.96%2.11M shares |
Percentages use 219.47M shares of this listed class outstanding on Dec 31, 2025. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Sep 15, 2026Form 4 · 10b5-1 | Boynton John Wilson IVDirector | SellClass A Shares | 100 | $216.52 | $21.7K | 410.8K |
| Sep 15, 2026Form 4 · 10b5-1 | Boynton John Wilson IVDirector | SellClass A Shares | 200 | $215.59 | $43.1K | 410.9K |
| Sep 15, 2026Form 4 · 10b5-1 | Boynton John Wilson IVDirector | SellClass A Shares | 900 | $214.81 | $193.3K | 411.1K |
| Sep 15, 2026Form 4 · 10b5-1 | Boynton John Wilson IVDirector | SellClass A Shares | 300 | $213.40 | $64.0K | 412.0K |
| Sep 15, 2026Form 4 · 10b5-1 | Boynton John Wilson IVDirector | SellClass A Shares | 200 | $211.88 | $42.4K | 412.3K |
Nebius ($NBIS) entered into a $3.5 billion senior secured financing facility with Citi ($C) to support data-center construction, GPU purchases and general corporate needs. The facility has a 364-day maturity and initially carries interest a ...