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NB

NBIS

NBISCommunication ServicesNASDAQ

Internet Content & Information · Last scanned May 30, 2026

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Financials · Annual
Revenue
$529.8M
+479.0% YoY
Net Income
$82.5M
+112.9% YoY
EBITDA
$543.8M
+303.5% YoY
Free Cash Flow
-$6.15B

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About NBIS

Headquartered within the communication services sector, NBIS focuses on Internet Content & Information services and products. Nebius Group N.V., a technology company, engages in building full-stack infrastructure to service the global AI industry in the United States, the United Kingdom, and internationally. The $58.67B market capitalization puts NBIS squarely in large-cap range for its industry. It offers Nebius builds full-stack infrastructure for AI, including large-scale GPU clusters, cloud platforms, and tools and services for developers.

Key stats
Market Cap$58.67B
P/E (TTM)89.57
Fwd P/E639.75
EPS$2.59
Beta1.24
52W Change+541.6%
ROE14.1%
Analysis

NBIS carries $9.59B in total debt against $9.37B in cash reserves — debt is modestly above the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$6.15B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of 14.1% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $13.5M (2022) to $529.8M (2025), reflecting a 3824% increase over the period.

The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. At over 50x earnings, NBIS carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence NBIS's trajectory.

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