Below are the financial statements of Nebius Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 |
|---|---|---|
| Revenues | 117.5a | 20.9a |
| Operating costs and expenses | — | — |
| Cost of revenues | -73.4a | -31.9a |
| Product development | -129.7a | -111.6a |
| Sales, general and administrative | -277.8a | -173.1a |
| Depreciation and amortization | -80.1a | -27.8a |
| Total operating costs and expenses | -561a | -344.4a |
| Loss from operations | -443.5a | -323.5a |
| Interest income | 63.6a | 3.3a |
| Income/(loss) from equity method investments | 0.4a | -10.9a |
| Other income/(loss), net | -17.3a | -4.4a |
| Net loss before income taxes | -396.8a | -335.5a |
| Income tax expense/(benefit) | -0.1a | -1.1a |
| Net loss from continuing operations | -396.9a | -336.6a |
| Discontinued operations | — | — |
| Net income from discontinued operations, net of tax | 465.2a | 607.4a |
| Net income from discontinued operations attributable to noncontrolling interests | 0a | -24.6a |
| Income from revaluation of investment in equity securities held for sale | 59a | 0a |
| Loss from disposal | -772.1a | 0a |
| Net income / (loss) from discontinued operations attributable to Nebius Group N.V. | -247.9a | 582.8a |
| Net income / (loss) attributable to Nebius Group N.V. | -644.8a | 246.2a |
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