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Nebius Group Soars 6.5% Despite $130M Operating Loss

11/28/2025

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Story summary
  • Nebius Group NV (NASDAQ:NBIS) closed up 6.54% at $94.69, about 30% below its 52-week high of $141.10.
  • Third-quarter revenue rose 355% year over year to $146.1 million.
  • Gross profit increased 364.9% to $103.2 million, reaching a 70.6% gross margin.
  • Nebius reported a $130.2 million operating loss due to significant investments in SG&A and R&D.
  • The autonomous-driving platform Avride, which has a partnership with Uber, is set for commercial deployment.