Nebius Group
At a glance
Nebius Group reported 2025 revenue of $529.8M, up 479% from $91.5M in 2024. Over 4 years since 2021 ($4.79B), that is a decline of about 42.3% a year. Operating margin was -115.5%, down from -3.7% in 2021. Revenue peaked in 2021 at $4.79B. The company posted a loss in 2021, 2022, 2023, 2024 and 2025.
In the last 12 months 11 insiders reported 6 open-market purchases ($330K) and 34 sales ($319.5M). 19 of the sales were made under pre-arranged 10b5-1 plans. The largest was a sale of $117.8M by COO Ophir Nave on Oct 6, 2026. Net, insiders were sellers of $319.2M.
3 of the 20 investors tracked here held Nebius Group at the last quarter end, worth $1.35B combined. It is the largest weight for Lone Pine Capital (7.2% of its portfolio), followed by Soros Fund Management (1.4%). New this quarter: Lone Pine Capital and Soros Fund Management. Added: National Pension Service (Korea).
Annual results
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net income | -$197.2M | $745.6M | $241.3M | -$641.4M | $82.5M |
| Diluted EPS | $-0.54 | $1.59 | $0.65 | $-2.28 | $0.33 |
Tracked investors holding (13F)
Weight is the share of each investor's portfolio, as of the quarter end.
Insider open-market trades (last 12 months)
Source: SEC EDGAR. How figures are combined