Nebius Group N.V. Reports Substantial Revenue Growth in Q1 2025

Nebius Group N.V., a leader in AI infrastructure, has announced its financial results for Q1 2025. The company reported a revenue of $55.3 million, marking a 385% increase compared to the same period last year. This growth was primarily driven by its core AI infrastructure business.

However, the company experienced an adjusted EBITDA loss of $62.6 million and a net loss from continuing operations of $113.6 million. Total operating costs came to $184.8 million, a rise of 96% year over year.

A significant event for Nebius is a strategic investment in its AI data solutions business, Toloka, by Bezos Expeditions, which aims to enhance Toloka's market presence.

Nebius Group's operational highlights include the diversification of its services across AI, autonomous vehicles, and edtech through subsidiaries like Avride and TripleTen.