What changed in Nebius Group N.V.'s latest annual report
In the year ended 31 Dec 2025, Nebius Group N.V.'s revenue rose 479% to USD 529.80m, from USD 91.50m; total liabilities rose 2557.4% to USD 7.84bn, from USD 294.90m; total assets rose 250.3% to USD 12.43bn, from USD 3.55bn.
Year ended 31 Dec 2025. Source: 20-F filed 30 Apr 2026, read it on SEC EDGAR.
USD 91.50m to USD 529.80m
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 91.50m | 529.80m | Up 479% |
| Net income | -641.40m | 82.50m | Not comparable |
| Total assets | 3.55bn | 12.43bn | Up 250.3% |
| Total liabilities | 294.90m | 7.84bn | Up 2557.4% |
| Long-term debt | Not reported | 4.10bn | Not comparable |
| Cash and cash equivalents | 2.43bn | 3.68bn | Up 51.1% |
| Shareholders' equity | 3.25bn | 4.59bn | Up 41.2% |
Questions people ask
Did Nebius Group N.V.'s revenue grow last year?
Revenue grew 479%, from USD 91.50m to USD 529.80m in the year ended 31 Dec 2025.
Is Nebius Group N.V. profitable?
Yes. Net income was USD 82.50m in the year ended 31 Dec 2025. The year before: a net loss of USD 641.40m.
How much cash and debt does Nebius Group N.V. have?
At its latest year end (31 Dec 2025), Nebius Group N.V. reported cash and cash equivalents of USD 3.68bn and long-term debt of USD 4.10bn.
Where do these numbers come from?
From Nebius Group N.V.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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