Your Best Stock
$247.49
+$20.88 (+9.21%)
Market open · Sep 24, 1:10 pm ET
After hours $227.20 +0.26%
Open$232.42
Prev close$226.61
Day range$229.50 – $248.78
Volume16.79M
Market cap$67.30B
P/E (TTM)343.8
Dividend yield

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$582.30M+454.0% YoY
Operating profit-$175.90M-58.2% YoY
Net profit-$190.40M-132.6% YoY
Diluted EPS-$0.68-128.6% YoY
Free cash flow-$3.41B-400.0% YoY
Operating cash flow$2.25B

Revenue, last 8 quarters

$32.1MSep '24$35.2MDec '24$50.9MMar '25$105.1MJun '25$146.1MSep '25$227.7MDec '25$399.0MMar '26$582.3MJun '26

Net profit, last 8 quarters

$-94.2MSep '24$-133.2MDec '24$-113.5MMar '25$584.4MJun '25$-119.6MSep '25$-268.8MDec '25$621.2MMar '26$-190.4MJun '26

Diluted EPS by quarter

-0.45Sep '24-0.58Dec '24-0.48Mar '252.38Jun '25-0.50Sep '25-0.99Dec '252.11Mar '26-0.68Jun '26

Free cash flow by quarter

$-227.9MSep '24$-492.1MDec '24$-741.4MMar '25$-682.2MJun '25$-1.0BSep '25$-1.2BDec '25$-214.9MMar '26$-3.4BJun '26

Annual revenue

$2.9BFY20$4.8BFY21$13.5MFY22$9.8MFY23$91.5MFY24$529.8MFY25

Profitability & balance sheet

Gross margin74.3%
Operating margin-50.5%
Net margin3.1%
Return on equity0.6%
Return on assets0.3%
Return on invested capital1.5%
Current ratio4.03
Liabilities / assets63.0%
Cash & investments$8.04B
Total debt$10.06B
Net cash (debt)-$2.01B

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Nebius artificial intelligence (AI) cloud$574.90M 98.1%
  • Toloka$10.00M 1.7%
  • Avride$1.00M 0.2%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $582.30M $399.00M $529.80M $227.70M $146.10M
Total Operating Revenue $582.30M $399.00M $529.80M $227.70M $146.10M
Cost of Revenue $133.60M $103.80M $166.20M $68.50M $42.90M
Gross Profit $448.70M $295.20M $363.60M $159.20M $103.20M
Operating Expense $624.60M $423.20M $975.30M $409.20M $233.40M
Selling and Admin Expenses $173.90M $143.80M $380.10M $161.50M $89.50M
Research & Development $191.00M $67.40M $177.30M $53.10M $44.90M
Depreciation & Amortization & Depletion $259.70M $212.00M $417.90M $194.60M $99.00M
-Depreciation & Amortization $259.70M $212.00M $417.90M $194.60M $99.00M
Operating Profit -$175.90M -$128.00M -$611.70M -$250.00M -$130.20M
Net Non-Operating Interest Income (Expense) -$95.00M -$49.50M -$29.70M -$28.50M -$8.50M
Non-Operating Interest Income $24.10M $14.20M $31.80M $13.50M $6.20M
Non-Operating Interest Expense $119.10M $63.70M $61.50M $42.00M $14.70M
Other Income (Expense) $94.20M $792.90M $655.20M $12.30M $18.80M
Gain on Sale of Security $82.50M $780.60M $681.30M $25.00M $26.20M
Earnings from Equity Interest $12.70M -$7.60M -$24.30M -$10.60M -$7.50M
Other Non-Operating Income (Expenses) -$1.00M $19.90M -$1.80M -$2.10M $100,000.00
Pretax Profit -$176.70M $615.40M $13.80M -$266.20M -$119.90M
Tax $13.70M -$5.80M $4.00M $2.60M -$300,000.00
Net Profit -$190.40M $621.20M $82.50M -$268.80M -$119.60M
Profit from Continuing Operations -$190.40M $621.20M $9.80M -$268.80M -$119.60M
Net Income from Discontinuous Operations $0.00 $0.00 $72.70M $0.00 $0.00
Net Income to Parent Company -$190.40M $621.20M $82.50M -$268.80M -$119.60M
Net Income to Common Stockholders -$190.40M $621.20M $82.50M -$268.80M -$119.60M
Basic EPS -$0.68 $2.40 $0.34 -$0.99 -$0.50
Diluted EPS -$0.68 $2.11 $0.33 -$0.99 -$0.50
Minority Interests $0.00

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $27.96B $22.30B $12.43B $12.43B $10.10B
Total Current Assets $9.62B $11.24B $4.71B $4.71B $5.22B
Cash and Cash Equivalents & Short-Term Investments $8.04B $9.30B $3.68B $3.68B $4.79B
-Cash and Cash Equivalents $8.04B $9.30B $3.68B $3.68B $4.79B
Receivables $559.20M $1.53B $853.70M $853.70M $237.10M
-Accounts Receivable $288.60M $1.48B $720.30M $720.30M $91.20M
-Accrued Interest Receivable $15.40M $400,000.00 $400,000.00 $1.20M
-Taxes Receivable $89.60M $46.90M $131.40M $131.40M $133.40M
-Other Receivables $165.60M $1.60M $1.60M $11.30M
Prepaid Assets $166.00M $53.50M $152.00M $152.00M $72.60M
Restricted Cash $830.30M $6.80M $6.80M $107.10M
Current Deferred Assets $14.00M $8.40M $8.40M $5.40M
Other Current Assets $4.00M $360.50M $12.40M $12.40M $61.40M
Total Non-Current Assets $18.35B $11.07B $7.72B $7.72B $4.89B
Net PPE $14.90B $8.40B $6.47B $6.47B $3.82B
-Gross PPE $16.00B $8.40B $7.11B $7.11B $3.82B
-Accumulated Depreciation -$1.10B -$637.00M -$637.00M
Investments and Advances $1.62B $1.62B $847.70M $847.70M $856.80M
-Available for Sale Securities $1.61B $1.61B $836.60M $836.60M $835.10M
-Long Term Equity Investment $13.80M $6.40M $11.10M $11.10M $21.70M
Non-Current Prepaid Assets $764.10M $329.40M $329.40M $164.00M
Goodwill and Other Intangible Assets $689.50M $211.60M $19.70M $19.70M $18.00M
-Goodwill $605.60M $163.30M
-Other Intangible Assets $83.90M $48.30M $19.70M $19.70M $18.00M
Non-Current Deferred Assets $143.50M $18.60M $11.80M $11.80M $9.00M
Other Non-Current Assets $228.00M $816.60M $37.00M $37.00M $22.00M
Total Liabilities $17.62B $15.06B $7.84B $7.84B $5.29B
Total Current Liabilities $2.39B $1.35B $1.53B $1.53B $794.60M
Payables $1.17B $645.00M $1.11B $1.11B $700.00M
-Accounts Payable $1.06B $621.70M $1.08B $1.08B $651.30M
-Total Tax Payable $59.00M $23.30M $18.10M $18.10M $36.60M
-Other Payable $52.40M $14.20M $14.20M $12.10M
Current Accrued Expenses $52.40M $14.20M $14.20M
Short-Term Debt and Capital Lease Obligation $161.60M $18.40M $109.40M $109.40M $72.80M
-Current Debt $46.70M $18.40M $24.50M $24.50M $16.00M
-Current Capital Lease Obligation $114.90M $84.90M $84.90M $56.80M
Current Deferred Liabilities $1.00B $685.60M $293.00M $293.00M $15.60M
Other Current Liabilities $47.70M $3.20M $3.20M
Total Non-Current Liabilities $15.23B $13.71B $6.31B $6.31B $4.50B
Non-Current Accrued Expenses $229.70M $142.10M $143.10M $143.10M $600,000.00
Long Term Debt and Capital Lease Obligation $10.01B $9.48B $4.86B $4.86B $4.50B
-Long Term Debt $8.50B $8.43B $4.10B $4.10B $4.09B
-Long Term Capital Lease Obligation $1.51B $1.05B $760.50M $760.50M $405.40M
Non-Current Deferred Liabilities $5.00B $4.09B $1.30B $1.30B
Total Equity $10.34B $7.24B $4.59B $4.59B $4.81B
Stockholders' Equity $10.34B $7.24B $4.59B $4.59B $4.81B
Capital Stock $8.40M $8.40M $8.40M $8.40M $8.90M
-Common Stock $8.40M $8.40M $8.40M $8.40M $8.90M
Additional Paid-In Capital $7.39B $4.39B $2.36B $2.36B $2.95B
Retained Earnings $3.73B $3.92B $3.30B $3.30B $3.57B
Less: Treasury Stock $782.10M $1.06B $1.08B $1.08B $1.72B
Gains/Losses Not Affecting Retained Earnings -$12.90M -$13.50M -$100,000.00 -$100,000.00 -$1.30M
Minority Interests $1.00M $1.00M $0.00 $0.00
Non-Current Note Receivables $1.50M $1.50M

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $2.25B $2.26B $384.80M $834.30M -$80.40M
Net cash flow from continuing operations $2.25B $2.26B $401.90M $834.30M -$80.40M
Net Income from Continuing Operations -$190.40M $621.20M $9.80M -$268.80M -$119.60M
Gain/Loss from Continuing Operations -$33.80M $5.90M -$2.90M $8.40M -$6.70M
Depreciation & Depletion & Amortization $294.30M $241.80M $468.50M $215.90M $111.80M
Deferred Tax $8.00M -$7.80M -$3.40M -$2.80M -$200,000.00
Other Non-Cash Items $30.60M $19.70M $76.70M $67.00M $5.70M
Change in Working Capital $2.03B $2.12B $363.40M $787.50M -$98.50M
-Change in Receivables $1.14B -$673.50M -$816.40M -$625.60M -$9.20M
-Change in Prepaid Assets -$68.00M -$19.00M -$17.80M -$11.90M -$700,000.00
-Change in Payables and Accrued Expense $23.10M -$64.90M -$29.00M $25.40M -$4.30M
-Change in Other Current Assets -$264.50M -$318.90M -$339.20M -$166.90M -$80.60M
-Change In Other Working Capital $1.20B $3.20B $1.57B $1.57B -$3.70M
Cash Flow from Discontinued Operating Activities $0.00 $0.00 -$17.10M $0.00 $0.00
Net cash flow from investing -$5.65B -$2.64B -$4.23B -$2.13B -$952.00M
Net Cash Flow from Continuing Investing Activities -$5.65B -$2.64B -$4.19B -$2.09B -$994.70M
Net PPE Purchase and Sale -$5.65B -$2.47B -$4.07B -$2.06B -$955.50M
Net Business Purchase and Sale -$81.40M -$170.20M $0.00 $42.70M -$42.70M
Net Investment Purchase and Sale $75.00M -$125.00M -$75.00M $0.00
Net Other Investing Changes $12.90M $4.50M $0.00 $3.50M
Financing Cash Flow $2.86B $6.30B $5.13B $106.40M $4.20B
Net Cash Flow from Continuing Financing Activities $2.86B $6.30B $5.13B $106.40M $4.20B
Net Issuance Payments Of Debt $0.00 $4.34B $4.16B $0.00 $3.16B
Net Common Stock Issuance $2.85B $1.15B $0.00 $1.15B
Proceeds from Stock Option Exercised $53.80M $2.00B $8.40M $6.40M $2.00M
Net Other Financing Charges -$35.60M -$43.80M -$194.60M $100.00M -$113.10M
Cash Flow from Discontinued Financing Activities $0.00 $0.00 $0.00 $0.00 $0.00
Ending Cash Balance $9.10B $9.63B $3.72B $3.72B $4.92B
Net Change in Cash -$534.70M $5.91B $1.28B -$1.19B $3.17B
Beginning Cash Balance $9.63B $3.72B $2.45B $4.92B $1.75B
Effect of Exchange Rate Changes $5.90M -$5.10M -$9.70M -$11.70M $1.60M
Free Cash Flow -$3.41B -$214.90M -$3.68B -$1.22B -$1.04B
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