NBIS Q4 2024 Earnings — Income Statement Breakdown
For its Q4 2024 period (ending 2024-12-31), NBIS reported revenue of $38M, gross profit of $10M (27.4% gross margin), operating income of −$151M, and net income of −$137M (-360.4% net margin). The flow of revenue into costs and profit is visualized below.
What changed
NBIS reported a net loss; revenue fell 100.0% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | −100.0% | +97.8% | −357.9 pp |
| Quarter over quarter | −12.5% | −45.0% | −142.9 pp |
Consensus estimate data is not available for this report.
NBIS Q4 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $38M | 100% |
| Cost of Revenue | −$28M | 72.6% |
| Gross Profit | $10M | 27.4% |
| Research & Development | −$35M | 93.4% |
| Selling, General & Administrative | −$90M | 237.5% |
| Operating Income | −$151M | -398.9% |
| Other Income, net | $14M | 35.6% |
| Income Tax Expense | $1M | 2.9% |
| Net Income | −$137M | -360.4% |
Source: original SEC filing (filed 2025-02-20). Accession 0001104659-25-015480. Data normalized by EarningsFyi.