NBIS · Quarter not disclosed (FY2026)
Nebius Group N.V. Quarter not disclosed (FY2026) earnings analysis
By SageNoodle ResearchNeutral
| Metric | Actual | Estimate | Result |
|---|---|---|---|
| Revenue | Not disclosed | Not available (yr ago not supplied) | Miss |
| EPS | Not disclosed | Not available (yr ago not supplied) | Miss |
| Free Cash Flow | Not meaningful; quarter not disclosed | Not meaningful | Miss |
| Gross Margin | Not meaningful; quarter not disclosed | Not meaningful | Miss |
| Operating Margin | Not disclosed; pre-tax margin is the relevant measure | Not available (yr ago not supplied) | Miss |
What changed
No quarterly financial table, periodic report or earnings release was supplied, so the reported quarter cannot be verified or compared with prior guidance or the year-ago period. The latest available figures remain FY2025 revenue of $529.8 million, net income of $82.5 million and EPS of $0.33, but those are annual rather than quarterly results. Accordingly, no metric can be classified as a beat.
Impact on the investment thesis
There is no verified quarterly evidence supporting a fair-value change. With no prior SageNoodle valuation, we establish a provisional $18.55 base value anchored to reported book value, while emphasizing that the missing operating disclosure makes this an incomplete valuation rather than a quarter-driven update.