1、 1 Nebius B.V.,Gustav Mahlerlaan 308,1082 ME Amsterdam Nebius reports third quarter 2025 financial results Amsterdam,November 11,2025 Nebius Group N.V.(NASDAQ:NBIS),a leading AI infrastructure company,today announced its unaudited financial results for the third quarter ended September 30,2025.The C

2、ompany today also published founder and CEO Arkady Volozhs quarterly letter to shareholders,available on its investor relations website at https:/ today also announced a new agreement to deliver AI infrastructure to Meta valued at approximately$3 billion over 5 years.The Company will be putting in p

3、lace an at-the-market(ATM)equity program for up to 25 million Class A shares,and plans to file a prospectus supplement for this program on November 12,2025.Nebius will evaluate the program regularly based on its capital needs.The program enables the Company to access equity funding on an efficient o

4、ngoing basis;however,it will remain dilution-sensitive as the Company prepare to finance future growth opportunities.Management will hold an earnings webcast today at 8:00 AM(EDT)/5:00 AM(PDT)/2:00 PM(CET).To register,or to listen to the live audio webcast,please visit https:/ Q3 2025 Financial High

5、lights Consolidated results(1),(2)In USD$millions Three months ended September 30 Nine months ended September 30 2024 2025 Change 2024 2025 Change Revenues 32.1 146.1 355%56.3 302.1 437%Adjusted EBITDA/(loss)(45.9)(5.2)-89%(162.4)(79.9)-51%Net income/(loss)from continuing operations(43.6)(119.6)174%

6、(229.1)278.6-222%Adjusted net loss(39.7)(100.4)153%(169.5)(273.7)61%(1)The following measures presented in this release are“non-GAAP financial measures”:Adjusted EBITDA/(loss)and Adjusted net loss.Please see the section“Use of Non-GAAP Financial Measures”below for a discussion of how we define these