NBIS Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-03-31), NBIS reported revenue of $399M, gross profit of $295M (74.0% gross margin), operating income of −$128M, and net income of $621M (155.7% net margin). The flow of revenue into costs and profit is visualized below.
What changed
NBIS was profitable; revenue grew 621.5% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +621.5% | +646.8% | +361.1 pp |
| Quarter over quarter | +75.2% | +348.9% | +265.3 pp |
Consensus estimate data is not available for this report.
NBIS Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $399M | 100% |
| Cost of Revenue | −$104M | 26.0% |
| Gross Profit | $295M | 74.0% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | — | 0.0% |
| Other Operating Expenses | −$423M | 106.1% |
| Operating Income | −$128M | -32.1% |
| Interest Expense | −$64M | 16.0% |
| Other Income, net | $807M | 202.3% |
| Income Tax Expense | $6M | 1.5% |
| Net Income | $621M | 155.7% |
Source: original SEC filing (filed 2026-05-20). Accession 0001104659-26-064092. Data normalized by EarningsFyi.