NBIS Class A Nebius Group N.V. - Class A Ordinary Shares
NASDAQ · Technology · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q May 22, 2026NBIS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
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About Nebius Group N.V. - Class A Ordinary Shares Company overview from Wikipedia
Nebius Group N.V., headquartered in Amsterdam, is a technology company that provides artificial intelligence infrastructure. The company also owns Avride and TripleTen, as well as stakes in Toloka and Clickhouse. It is headquartered in Amsterdam with offices in Israel and the United States.
History
The predecessor to Nebius Group was Yandex N.V., the Dutch parent company of Russian technology company Yandex, which began as a search engine in 1997. Yandex N.V. was registered as the Dutch parent company in 2007. In May 2011, Yandex raised $1.3 billion in an IPO on the NASDAQ. In February 2022, the company's securities were suspended from trading on the NASDAQ due to international sanctions during the Russian invasion of Ukraine. In July 2024, Yandex N.V. sold all of its Russian assets to a consortium of Russian investors, retaining several businesses that operated outside of Russia. This restructuring led to the creation of Nebius Group, focusing on infrastructure for artificial intelligence, with approximately over 1,000 former Yandex employees. Yandex N.V. changed its name to Nebius Group N.V., with Arkady Volozh as CEO. In October 2024, Nebius resumed trading on the NASDAQ.
In February 2026, Nebius announced the acquisition of the agentic search company Tavily for around $400 million. The same month, the company announced plans to build an AI factory in Birmingham, Alabama. The factory was intended to expand the area's technology and AI industry.
On 11 March 2026, Nvidia announced that it will invest $2 billion in Nebius.
Operations
Nebius operates servers and data centers and provides cloud infrastructure for AI developers. In December 2024, Nebius raised $700 million through private investors, including Nvidia (which acquired 0.5% of Nebius) and Accel Partners.
Nebius owns a data center in Mäntsälä, Finland, a GPU cluster at an Equinix data center in Paris, a GPU cluster at a data center in Kansas City, Missouri, under construction, and a 300MW data center in Vineland, New Jersey, under construction.
Nebius also owns Avride and TripleTen, and has stakes in Toloka and Clickhouse.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | NBIS | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E | 735.8 | · | · | · | |
| P/S | 116.0 | · | · | · | |
| P/B | 13.4 | · | · | · | |
| EV / EBITDA | -101.2 | · | · | · | |
| Price / FCF | -16.7 | · | · | · | |
| Price / Cash Flow | 159.7 | · | · | · | |
| EV / Revenue | 116.8 | · | · | · | |
| EV / FCF | -16.8 | · | · | · | |
| Price / Tangible Book | 13.4 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | NBIS | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Operating Margin | -115.5%5Y avg ≈-97.6% | ≈-97.6% | · | · | |
| EBITDA Margin | -115.5%5Y avg ≈-97.6% | ≈-97.6% | · | · | |
| Pretax Margin | 2.6%5Y avg ≈-63.2% | ≈-63.2% | · | · | |
| Net Profit Margin | 15.6%5Y avg ≈-104.9% | ≈-104.9% | · | · | |
| ROA | 1.0%5Y avg ≈-0.49% | ≈-0.49% | · | · | |
| ROE | 2.1%5Y avg ≈-0.46% | ≈-0.46% | · | · | |
| ROIC | -5.0%5Y avg ≈-4.6% | ≈-4.6% | · | · |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | NBIS | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity | 0.95Y avg ≈0.4 | ≈0.4 | · | · | |
| Current Ratio | 3.15Y avg ≈3.3 | ≈3.3 | · | · | |
| Quick Ratio | 2.95Y avg ≈2.9 | ≈2.9 | · | · | |
| Long-Term Debt / Equity | 0.95Y avg ≈0.4 | ≈0.4 | · | · |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Not enough fundamentals data to compute this ratio group yet.
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | NBIS | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.15Y avg ≈0.6 | ≈0.6 | · | · | |
| Receivables Turnover | 1.45Y avg ≈9.4 | ≈9.4 | · | · | |
| Revenue / Employee | ≈$343.4K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Aug 12, 2026 | $-0.12 | $-0.64 | 81.1% |
| March 31, 2026 | May 13, 2026 | $-0.32 | $-0.78 | 59.1% |
| Dec. 31, 2025 | $-0.70 | $-1.16 | 39.9% | |
| Sept. 30, 2025 | $-0.40 | $-0.54 | 26.0% | |
| June 30, 2025 | $-0.38 | $-0.48 | 20.2% | |
| Dec. 31, 2024 | $-0.37 | $-0.40 | 7.0% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $530M | $92M | $10M | $14M | $356.17B | $218.34B | $175.39B | $127.66B | $94.05B | $75.92B | $59.79B | $50.77B | |
| Cost of Revenue | $166M | $44M | $20M | $28M | $173.95B | $85.73B | $55.79B | $35.89B | $23.95B | $19.75B | $16.81B | $14.34B | |
| R&D Expense | $177M | $115M | $87M | $58M | $48.46B | $36.34B | $29.21B | $22.58B | $18.87B | $15.83B | $13.42B | $8.84B | |
| SG&A Expense | $380M | $256M | $160M | $57M | $122.92B | $62.91B | $50.30B | $36.21B | $27.16B | $17.89B | $11.60B | $7.78B | |
| Operating Expenses | $1.14B | $491M | $296M | $172M | $369.45B | $202.67B | $150.83B | $106.81B | $81.21B | $63.08B | $50.20B | $35.44B | |
| Operating Income | $-612M | $-400M | $-286M | $-158M | $-13.28B | $15.67B | $24.56B | $20.84B | $12.84B | $12.85B | $9.59B | $15.32B | |
| Interest Expense | · | · | $10.86B | $3.40B | $3.71B | $2.37B | $74M | $945M | $897M | $1.21B | $1.29B | $1.09B | |
| Interest Income | $32M | $64M | $3M | $1M | $4.62B | $3.87B | $3.31B | $3.38B | $2.91B | $2.86B | $3.04B | $856M | |
| Other Non-op | $81M | $-17M | $-4M | $-8M | $-1.22B | $2.32B | $-1.19B | $1.13B | $-1.11B | $-3.40B | $2.26B | $6.30B | |
| Pretax Income | $14M | $-353M | $-297M | $-179M | $-7.22B | $36.54B | $22.72B | $52.46B | $14.10B | $11.11B | $13.60B | $22.48B | |
| Income Tax | $4M | $-1M | $2M | $1M | $7.43B | $13.19B | $11.66B | $8.20B | $5.02B | $4.32B | $3.92B | $5.46B | |
| Net Income | $82M | $-641M | $241M | $746M | $-14.67B | $24.71B | $11.06B | $44.26B | $9.08B | $6.78B | $9.68B | $17.02B | |
| EPS (Basic) | $0.34 | $-2.28 | $0.65 | $2.03 | $-40.48 | $72.52 | $38.80 | $140.77 | $28.33 | $21.19 | $30.39 | $53.30 | |
| EPS (Diluted) | $0.33 | $-2.28 | $0.65 | $1.59 | $-40.48 | $69.77 | $37.81 | $137.20 | $27.77 | $20.84 | $29.90 | $52.27 | |
| Shares (Basic) | 242,531,291 | 281,005,226 | 370,839,686 | 368,020,254 | 362,386,669 | 340,764,574 | 327,127,314 | 326,667,118 | 324,747,888 | 320,788,967 | 318,541,887 | 319,336,782 | |
| Shares (Diluted) | 247,679,946 | 281,005,226 | 370,839,686 | 368,020,254 | 362,386,669 | 353,382,841 | 335,428,137 | 335,162,062 | 331,243,961 | 326,136,949 | 323,713,437 | 325,610,277 | |
| EBITDA | $-612M | $-441M | $28.46B | $13.24B | $-13.28B | $16.25B | $24.70B | $20.86B | $13.04B | $12.85B | $9.59B | $19.57B |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $3.68B | $2.43B | $111M | $288M | $79.28B | $132.40B | $56.41B | $68.80B | $42.66B | $28.23B | $24.24B | $17.64B | |
| Short-term Investments | · | · | · | · | $4.05B | · | · | · | · | · | · | · | |
| Receivables | $720M | $11M | $4M | $58.01B | $43.57B | $25.44B | $17.83B | $14.57B | $9.75B | $7.74B | $5.59B | $3.70B | |
| Inventory | · | · | $21.28B | $28.22B | $9.59B | $4.81B | $808M | $265M | $40M | · | · | · | |
| Prepaid Expense | $35M | $22M | $17M | $16.97B | $12.66B | $6.73B | $92M | $307M | $1.27B | $1.48B | $1.50B | $1.51B | |
| Other Current Assets | $147M | $38M | $17M | $16.97B | $7.47B | $5.38B | $8.80B | $4.18B | $4.04B | $2.71B | $3.83B | $3.74B | |
| Current Assets | $4.71B | $2.53B | $3.45B | $239.93B | $199.97B | $290.40B | $120.28B | $91.88B | $80.76B | $74.97B | $53.23B | $35.58B | |
| PP&E (Net) | $5.55B | $847M | $128M | · | · | · | $47.86B | $39.74B | $21.17B | $18.82B | $20.86B | $14.20B | |
| PP&E (Gross) | $6.19B | $1.08B | $433M | · | · | · | $98.97B | $81.45B | $51.46B | $41.55B | $38.97B | $26.27B | |
| Accum. Depreciation | $637M | $236M | $305M | · | · | · | $51.11B | $41.71B | $30.29B | $22.73B | $18.11B | $12.07B | |
| Goodwill | · | · | $142.84B | $143.78B | $117.86B | $104.28B | $52.20B | $52.66B | $9.33B | $8.44B | $8.58B | $8.92B | |
| Intangibles | $20M | $5M | $4M | $31.77B | $22.36B | $21.84B | $10.37B | $11.54B | $5.02B | $5.51B | $5.99B | $5.34B | |
| Other Non-current Assets | $368M | $13M | $12M | $15.28B | $7.84B | $4.89B | $3.69B | $3.47B | $3.30B | $2.81B | $1.39B | $1.60B | |
| Total Assets | $12.43B | $3.55B | $8.76B | $616.72B | $515.50B | $515.61B | $291.13B | $259.10B | $130.54B | $114.11B | $111.82B | $94.59B | |
| Accounts Payable | $1.21B | $228M | $56M | $122.82B | $81.56B | $43.63B | $34.98B | $22.90B | $11.11B | $9.53B | $6.99B | $5.05B | |
| Current Liabilities | $1.53B | $264M | $3.87B | $187.84B | $111.11B | $62.85B | $46.54B | $29.75B | $35.62B | $14.62B | $11.67B | $9.79B | |
| Capital Leases | $760M | $30M | $10M | $17.61B | $24.64B | $12.83B | $10.84B | $12.56B | · | · | · | · | |
| Deferred Tax | · | · | $11.46B | $5.47B | $2.99B | $3.71B | $1.95B | $1.57B | $959M | $1.04B | $1.55B | $1.46B | |
| Other Non-current Liabilities | $2M | $600.0K | · | · | · | · | · | · | · | · | · | · | |
| Total Liabilities | $7.84B | $295M | $5.46B | $278.54B | $242.57B | $167.51B | $61.69B | $44.46B | $37.90B | $35.52B | $41.72B | $38.86B | |
| Long-term Debt | $4.10B | · | $141.48B | $51.19B | $88.78B | · | · | · | · | · | · | · | |
| Total Debt | $4.13B | $6M | $141.48B | $51.19B | · | · | · | · | · | · | · | · | |
| Common Stock | · | · | · | · | · | · | · | · | $7M | $7M | $9M | $10M | |
| Paid-in Capital | $2.36B | $2.02B | $1.81B | $119.46B | $112.94B | $160.86B | $68.05B | $69.73B | $16.47B | $16.58B | $17.26B | $16.19B | |
| Retained Earnings | $3.30B | $3.22B | $3.86B | $173.70B | $131.49B | $145.79B | $122.19B | $111.47B | $68.46B | $67.69B | $62.20B | $52.52B | |
| Treasury Stock | $1.08B | $1.97B | $20M | $1.39B | $2.73B | $6M | $411M | $10.77B | $3.81B | $8.37B | $12.53B | $14.18B | |
| AOCI | $-100.0K | $-22M | $-2.37B | $24.26B | $16.19B | $17.92B | $4.84B | $8.18B | $1.86B | $896M | $3.10B | $1.02B | |
| Stockholders' Equity | $4.59B | $3.25B | $3.29B | $316.31B | $258.18B | $324.84B | $194.93B | $178.87B | $82.83B | $77.09B | $70.10B | $55.74B | |
| Liabilities + Equity | $12.43B | $3.55B | $8.76B | $616.72B | $515.50B | $515.61B | $291.13B | $259.10B | $130.54B | $114.11B | $111.82B | $94.59B | |
| Shares Outstanding | 253,016,971 | 235,753,600 | · | · | · | · | · | · | · | · | · | · |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $418M | $77M | $29M | $28M | $24.11B | $17.69B | $14.78B | $12.14B | $11.24B | $9.61B | $7.79B | $4.24B | |
| Stock-based Comp | $83M | $54M | $29M | $10M | $20.83B | $15.73B | $9.86B | $6.55B | $4.19B | $3.42B | $2.72B | $1.21B | |
| Deferred Tax | $-3M | $-3M | $-1M | $-2M | $-5.16B | $666M | $1.84B | $-2.26B | $-1.42B | $-864M | $-188M | · | |
| Amort. of Intangibles | $7M | $2M | $1M | $600.0K | $5.95B | $3.83B | $2.61B | $2.30B | $2.11B | $1.95B | $1.59B | $1.00B | |
| Operating Cash Flow | $385M | $246M | $830M | $697M | $9.29B | $32.60B | $44.38B | $28.21B | $23.77B | $25.29B | $19.38B | $15.55B | |
| CapEx | $4.07B | $808M | $83M | $15M | $44.62B | $24.55B | $20.54B | $28.32B | $12.39B | $9.62B | $13.04B | $9.68B | |
| Investing Cash Flow | $-4.23B | $312M | $-1.21B | $-403M | $21.99B | $-119.95B | $-49.14B | $25.96B | $-7.79B | $-13.11B | $-11.73B | · | |
| Debt Issued | $4.16B | · | · | · | · | · | · | · | · | · | · | · | |
| Net Debt Issued | $4.16B | · | · | · | · | · | · | · | · | · | · | · | |
| Stock Issued | · | · | · | · | · | $72.65B | · | · | · | · | · | · | |
| Stock Repurchased | · | · | · | · | $6.97B | $10.16B | $1.42B | $10.09B | · | · | · | $8.42B | |
| Net Stock Activity | · | · | · | · | $-6.97B | $62.48B | $-1.42B | $-10.09B | · | · | · | $-8.42B | |
| Financing Cash Flow | $5.13B | $826M | $376M | $-100M | $-84.84B | $139.68B | $-2.39B | $-32.80B | $-587M | $-5.55B | $-6.21B | · | |
| Net Change in Cash | $1.27B | $1.36B | $-109M | $132M | $-53.05B | $75.99B | $-12.43B | $25.66B | $14.42B | $3.18B | $6.48B | $-15.75B | |
| Taxes Paid | $4M | $4M | $2M | · | · | · | · | · | · | · | · | · | |
| Free Cash Flow | $-3.68B | $-562M | $-20.36B | $-8.86B | $-35.33B | $8.05B | $23.84B | $-111M | $11.38B | $15.82B | $6.53B | $5.87B | |
| Levered FCF | · | · | $-25.84B | $-11.15B | $-42.86B | $6.51B | $23.80B | $-907M | $10.81B | $15.09B | · | · |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | -115.5% | -375.1% | 3.6% | 2.5% | -3.7% | 7.4% | 14.1% | 16.3% | 13.9% | 16.9% | 16.0% | 30.2% | |
| Net Margin | 15.6% | -545.9% | 2.5% | 7.6% | -4.1% | 11.1% | 6.4% | 35.9% | 9.2% | 8.9% | · | · | |
| Pretax Margin | 2.6% | -335.3% | 5.4% | 13.5% | -2.0% | 17.0% | 13.0% | 42.7% | 14.4% | 14.6% | 22.7% | 44.3% | |
| EBITDA Margin | -115.5% | -375.1% | 3.6% | 2.5% | -3.7% | 7.4% | 14.1% | 16.3% | 13.9% | 16.9% | 16.0% | 38.5% | |
| ROA | 1.0% | -10.4% | 2.8% | 7.0% | -2.8% | 6.0% | 4.1% | 24.6% | 7.1% | 6.0% | · | · | |
| ROE | 2.1% | -19.6% | 6.5% | 13.7% | -5.0% | 9.3% | 6.0% | 34.9% | 10.8% | 9.2% | · | · | |
| ROIC | -5.0% | -13.5% | 3.3% | 2.4% | -10.4% | 3.2% | 6.2% | 9.8% | 10.0% | 10.2% | 9.7% | 20.8% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.1 | 9.6 | 0.9 | 1.3 | 1.8 | 4.7 | 2.6 | 3.9 | 2.3 | 5.1 | 4.6 | 3.7 | |
| Quick Ratio | 2.9 | 9.3 | 0.5 | 0.8 | 1.1 | 2.6 | 1.6 | 3.5 | 1.5 | 2.5 | 2.6 | 2.2 | |
| Debt / Equity | 0.9 | 0.0 | 0.5 | 0.2 | · | · | · | · | · | · | · | · | |
| LT Debt / Equity | 0.9 | · | 0.2 | 0.1 | · | · | · | · | · | · | · | · | |
| Interest Coverage | · | · | 2.6 | 3.9 | -3.6 | 6.8 | 333.8 | 22.1 | 14.5 | 10.6 | · | · |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.0 | 1.1 | 0.9 | 0.7 | 0.5 | 0.6 | 0.7 | 0.8 | 0.7 | 0.6 | 0.6 | |
| Inventory Turnover | · | · | 14.5 | 12.3 | 24.2 | 30.5 | 104.0 | 235.3 | · | · | · | · | |
| Receivables Turnover | 1.4 | 13.7 | 11.2 | 10.3 | 10.3 | 10.1 | 10.8 | 10.5 | 10.8 | 11.4 | 12.9 | 15.6 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $18.16 | $13.80 | · | · | · | · | · | · | · | · | · | · | |
| Revenue / Share | $2.14 | $0.42 | $2144.77 | $1383.74 | $982.85 | $617.87 | $522.89 | $380.88 | $283.94 | $232.80 | $184.71 | $155.91 | |
| Cash Flow / Share | $1.55 | $0.87 | $188.39 | $110.57 | $25.64 | $92.26 | $132.31 | $84.17 | $71.77 | $78.03 | $60.47 | $47.74 | |
| Cash / Share | $14.54 | $10.39 | · | · | · | · | · | · | · | · | · | · | |
| EPS (TTM) | $0.33 | $-2.28 | $0.65 | $1.59 | $-40.48 | $69.77 | $37.81 | $137.20 | $27.77 | $20.84 | $29.90 | $52.27 |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $530M | $92M | $10M | $14M | $356.17B | $218.34B | $175.39B | $127.66B | $94.05B | $75.92B | $59.79B | $50.77B | |
| Net Income TTM | $82M | $-641M | $241M | $746M | $-14.67B | $24.71B | $11.06B | $44.26B | $9.08B | $6.78B | $9.68B | $17.02B | |
| Market Cap | $21.18B | $6.53B | · | · | · | · | · | · | · | · | · | · | |
| Enterprise Value | $21.63B | $4.09B | · | · | · | · | · | · | · | · | · | · | |
| P/E | 253.7 | -12.1 | · | · | · | · | · | · | · | · | · | · | |
| P/S | 40.0 | 71.4 | · | · | · | · | · | · | · | · | · | · | |
| P/B | 4.6 | 2.0 | · | · | · | · | · | · | · | · | · | · | |
| P / Tangible Book | 4.6 | 2.0 | · | · | · | · | · | · | · | · | · | · | |
| P / Cash Flow | 55.0 | 26.6 | · | · | · | · | · | · | · | · | · | · | |
| P / FCF | -5.8 | -11.6 | · | · | · | · | · | · | · | · | · | · | |
| EV / EBITDA | -35.4 | -9.3 | · | · | · | · | · | · | · | · | · | · | |
| EV / FCF | -5.9 | -7.3 | · | · | · | · | · | · | · | · | · | · | |
| EV / Revenue | 40.8 | 44.7 | · | · | · | · | · | · | · | · | · | · | |
| Earnings Yield | 0.39% | -8.2% | · | · | · | · | · | · | · | · | · | · |
Per Share
| Metric | Trend | Q4 2025 | Q4 2019 | Q4 2018 | Q4 2012 |
|---|---|---|---|---|---|
| EPS (TTM) | $0.33 | $37.81 | $137.20 | $24.50 |
Valuation (TTM)
| Metric | Trend | Q4 2025 | Q4 2019 | Q4 2018 | Q4 2012 |
|---|---|---|---|---|---|
| Revenue TTM | $530M | $175.39B | $127.66B | $28.77B | |
| Net Income TTM | $82M | $11.06B | $44.26B | · | |
| P/E | 253.7 | · | · | · | |
| Earnings Yield | 0.39% | · | · | · |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $530M | $92M | $10M | $14M | $356.17B |
| Operating Margin % | -115.5% | -375.1% | 3.6% | 2.5% | -3.7% |
| Net Income | $82M | $-641M | $241M | $746M | $-14.67B |
| Diluted EPS | $0.33 | $-2.28 | $0.65 | $1.59 | $-40.48 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.9 | 0.0 | 0.5 | 0.2 | · |
| Current Ratio | 3.1 | 9.6 | 0.9 | 1.3 | 1.8 |
| Quick Ratio | 2.9 | 9.3 | 0.5 | 0.8 | 1.1 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $-3.68B | $-562M | $-20.36B | $-8.86B | $-35.33B |
Institutional owners (13F) 1,173 filers · $65.2B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 428 (+213 vs prior Q) | 58 (-14 vs prior Q) | 323 (+22 vs prior Q) | 297 (+106 vs prior Q) | +74.0M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| GOLDMAN SACHS GROUP INC | $4,854,709,579 | 17,578,700 | 7.45% | Put option |
| BlackRock, Inc. | $3,184,590,799 | 11,531,270 | 4.89% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $2,729,443,344 | 9,883,200 | 4.19% | Call option |
| GOLDMAN SACHS GROUP INC | $2,706,394,387 | 9,799,741 | 4.15% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $2,512,567,043 | 9,097,900 | 3.85% | Put option |
| Invesco Ltd. | $1,917,522,837 | 6,943,270 | 2.94% | Shares |
| JANE STREET GROUP, LLC | $1,815,458,729 | 6,573,700 | 2.78% | Put option |
| JANE STREET GROUP, LLC | $1,810,984,775 | 6,557,500 | 2.78% | Call option |
| Orbis Allan Gray Ltd | $1,793,646,546 | 6,494,719 | 2.75% | Shares |
| BANK OF AMERICA CORP /DE/ | $1,695,273,134 | 6,138,513 | 2.60% | Shares |
| Value Aligned Research Advisors, LLC | $1,685,775,097 | 6,104,121 | 2.59% | Shares |
| FRED ALGER MANAGEMENT, LLC | $1,581,503,247 | 5,726,557 | 2.43% | Shares |
| GOLDMAN SACHS GROUP INC | $1,551,909,698 | 5,619,400 | 2.38% | Call option |
| CITADEL ADVISORS LLC | $1,545,999,660 | 5,598,000 | 2.37% | Call option |
| UBS Group AG | $1,448,452,273 | 5,244,785 | 2.22% | Shares |
| CITADEL ADVISORS LLC | $1,443,292,037 | 5,226,100 | 2.21% | Put option |
| Situational Awareness LP | $1,232,894,684 | 4,464,260 | 1.89% | Shares |
| LONE PINE CAPITAL LLC | $1,175,934,069 | 4,258,008 | 1.80% | Shares |
| STATE STREET CORP | $1,123,977,379 | 4,069,875 | 1.72% | Shares |
| JENNISON ASSOCIATES LLC | $1,100,233,339 | 3,983,899 | 1.69% | Shares |
| JPMORGAN CHASE & CO | $1,043,424,043 | 3,995,496 | 1.60% | Shares |
| MORGAN STANLEY | $1,037,933,652 | 3,758,312 | 1.59% | Shares |
| Accel Leaders 4 Associates L.P. | $1,012,097,322 | 3,664,762 | 1.55% | Shares |
| Clear Street Group Inc. | $999,364,504 | 3,618,657 | 1.53% | Shares |
| NORGES BANK | $803,984,999 | 2,911,196 | 1.23% | Shares |
| MILLENNIUM MANAGEMENT LLC | $658,030,259 | 2,382,700 | 1.01% | Put option |
| CAPSTONE INVESTMENT ADVISORS, LLC | $622,901,439 | 2,255,500 | 0.96% | Put option |
| Accel Leaders 3 Associates L.P. | $621,908,604 | 2,251,905 | 0.95% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $578,705,814 | 2,114,212 | 0.89% | Shares |
| Amundi | $552,943,965 | 2,002,187 | 0.85% | Shares |
| Rovida Investment Management Ltd | $550,936,572 | 1,996,147 | 0.85% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $546,440,733 | 1,978,639 | 0.84% | Shares |
| TWO SIGMA INVESTMENTS, LP | $415,618,451 | 1,504,937 | 0.64% | Shares |
| California Public Employees Retirement System | $340,148,095 | 1,231,662 | 0.52% | Shares |
| JANUS HENDERSON GROUP PLC | $334,263,381 | 3,221,553 | 0.51% | Shares |
| NORTHERN TRUST CORP | $332,519,726 | 1,204,040 | 0.51% | Shares |
| Holocene Advisors, LP | $332,275,040 | 1,203,154 | 0.51% | Shares |
| NVIDIA CORP | $328,773,757 | 1,190,476 | 0.50% | Shares |
| Legal & General Group Plc | $328,442,356 | 1,189,276 | 0.50% | Shares |
| Anatole Investment Management Ltd | $302,107,886 | 1,093,920 | 0.46% | Shares |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | $296,493,903 | 1,073,592 | 0.45% | Shares |
| CITIGROUP INC | $287,194,707 | 1,039,920 | 0.44% | Shares |
| GILDER GAGNON HOWE & CO LLC | $240,482,208 | 870,776 | 0.37% | Shares |
| PEAK6 LLC | $232,093,268 | 840,400 | 0.36% | Put option |
| Value Aligned Research Advisors, LLC | $231,292,375 | 837,500 | 0.35% | Call option |
| D. E. Shaw & Co., Inc. | $229,138,249 | 829,700 | 0.35% | Call option |
| UBS Group AG | $225,670,106 | 817,142 | 0.35% | Call option |
| DEUTSCHE BANK AG\ | $224,163,598 | 811,687 | 0.34% | Shares |
| Marex Group Ltd | $214,188,339 | 775,567 | 0.33% | Shares |
| LMR Partners LLP | $209,944,434 | 760,200 | 0.32% | Put option |
Activists & 5%+ owners 1 position
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| BC&B Coöperatief U.A. ×5 filings | May 22, 2015 | · | Initial filing | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 14 insiders · 8 officers · 8 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Arkadiy Volozh | CEO | Sept. 1, 2026 A | 823,014 | 0 | 2 | $-14,438,552 |
| Sanchez Maria Del Dado Alonso | CFO | Sept. 1, 2026 S | 12,202 | 0 | 2 | $-508,906 |
| Ophir Nave | COO | Sept. 1, 2026 A | 954,685 | 0 | 0 | $0 |
| Yael Almog | General Counsel | July 22, 2026 A | 7,793 | 0 | 0 | $0 |
| Marc Boroditsky | Chief Revenue Officer | July 15, 2026 S | 0 | 0 | 7 | $-11,674,358 |
| Andrey Korolenko | Chief Infrastructure Officer | July 1, 2026 S | 551,338 | 0 | 5 | $-217,366,514 |
| Danila Shtan | Chief Technology Officer | July 1, 2026 S | 274,763 | 0 | 3 | $-9,066,675 |
| Boaz Tal | General Counsel | May 20, 2026 S | 80,754 | 0 | 4 | $-1,316,801 |
| John Wilson Boynton IV | Director | Sept. 29, 2026 S | 410,782 | 0 | 53 | $-7,100,539 |
| Elena Bunina | Director | Sept. 1, 2026 A | 12,124 | 0 | 8 | $-8,261,325 |
| Arne Grimme | Director | Sept. 1, 2026 A | 5,885 | 0 | 0 | $0 |
| Matthew Robert Weigand | Director | Sept. 1, 2026 A | 14,987 | 0 | 0 | $0 |
| Kira Radinsky | Director | Sept. 1, 2026 A | 16,754 | 0 | 0 | $0 |
| Charles E Ryan | Director | Sept. 1, 2026 A | 273,885 | 0 | 6 | $-13,276,634 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 37 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| EWN · iShares, Inc. | 4.74% | 135,387 SH | Sept. 11, 2026 | Daily |
| THNQ · EXCHANGE TRADED CONCEPTS TRUST | 1.82% | 39,785 NS | July 31, 2026 | N-PORT |
| AIFD · TCW ETF Trust | 1.51% | 9,949 NS | July 31, 2026 | N-PORT |
| PWB · Invesco Exchange-Traded Fund Trust | 1.46% | 167,491 SH | Oct. 1, 2026 | Daily |
| QNXT · iShares Trust | 0.96% | 1,153 SH | Sept. 11, 2026 | Daily |
| QQQE · Direxion Shares ETF Trust | 0.84% | 58,820 NS | July 31, 2026 | N-PORT |
| EZU · iShares, Inc. | 0.60% | 256,372 SH | Sept. 11, 2026 | Daily |
| BOBP · EXCHANGE TRADED CONCEPTS TRUST | 0.52% | 16 NS | July 31, 2026 | N-PORT |
| IGPT · Invesco Exchange-Traded Fund Trust | 0.46% | 28,116 SH | Oct. 1, 2026 | Daily |
| DMXF · iShares Trust | 0.42% | 17,428 SH | Sept. 11, 2026 | Daily |
| IMTM · iShares Trust | 0.40% | 75,489 SH | Sept. 11, 2026 | Daily |
| KNCT · Invesco Exchange-Traded Fund Trust | 0.31% | 2,196 SH | Oct. 1, 2026 | Daily |
| IEUR · iShares Trust | 0.29% | 118,116 SH | Sept. 11, 2026 | Daily |
| EFV · iShares Trust | 0.27% | 369,628 SH | Sept. 11, 2026 | Daily |
| QQQM · Invesco Exchange-Traded Fund Trust … | 0.24% | 1,095,835 SH | Oct. 1, 2026 | Daily |
| QQQ · Invesco QQQ Trust, Series 1 | 0.24% | 4,979,659 SH | Oct. 1, 2026 | Daily |
| EFA · iShares Trust | 0.21% | 719,810 SH | Sept. 11, 2026 | Daily |
| ESGD · iShares Trust | 0.20% | 107,367 SH | Sept. 11, 2026 | Daily |
| QYLG · Global X Funds | 0.19% | 1,613 NS | July 31, 2026 | N-PORT |
| QYLD · Global X Funds | 0.19% | 81,524 NS | July 31, 2026 | N-PORT |
| QTR · Global X Funds | 0.19% | 76 NS | July 31, 2026 | N-PORT |
| QRMI · Global X Funds | 0.19% | 142 NS | July 31, 2026 | N-PORT |
| QCLR · Global X Funds | 0.18% | 32 NS | July 31, 2026 | N-PORT |
| IEFA · iShares Trust | 0.18% | 1,526,977 SH | Sept. 11, 2026 | Daily |
| TIER · T. Rowe Price Exchange-Traded Funds… | 0.16% | 303 NS | July 31, 2026 | N-PORT |
| PABD · iShares Trust | 0.16% | 2,332 SH | Sept. 11, 2026 | Daily |
| IDEV · iShares Trust | 0.16% | 226,803 SH | Sept. 11, 2026 | Daily |
| EFG · iShares Trust | 0.15% | 110,257 SH | Sept. 11, 2026 | Daily |
| ACWX · iShares Trust | 0.12% | 66,613 SH | Sept. 11, 2026 | Daily |
| IXUS · iShares Trust | 0.11% | 280,277 SH | Sept. 11, 2026 | Daily |
| CRBN · iShares Trust | 0.06% | 3,157 SH | Sept. 11, 2026 | Daily |
| TOK · iShares Trust | 0.05% | 543 SH | Sept. 11, 2026 | Daily |
| URTH · iShares, Inc. | 0.05% | 18,148 SH | Sept. 11, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.05% | 177,106 SH | Aug. 19, 2026 | Daily |
| ACWI · iShares Trust | 0.04% | 63,841 SH | Sept. 11, 2026 | Daily |
| LRGF · iShares Trust | 0.02% | 3,770 SH | Sept. 11, 2026 | Daily |
| GLOF · iShares Trust | 0.01% | 129 SH | Sept. 11, 2026 | Daily |
NBIS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
19 analysts · 2026-10-02Mean target $283.58 +16.8%
Latest News Recent headlines mentioning this company
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
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