Toloka deconsolidation from Nebius financials
Company: Nebius
The claim, verbatim
From the closing date Nebius will stop consolidating Toloka's results and will instead report its stake as an equity investment.
Source (primary)
nebius 8-K exhibit (tm2514304d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-16)Live source ↗
Quote: “it will no longer include Toloka's results in Nebius' consolidated financial statements and will instead report its stake in Nebius' equity investments from the closing date”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The release says Nebius will stop consolidating Toloka's results and will report its stake as an equity investment from the closing date.
Confirmed in the source:
- From the closing date, Nebius will no longer include Toloka's results in its consolidated financial statements
- Nebius will instead report its Toloka stake within its equity investments
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465925045373/tm2514304d1_ex99-1.htm) in full (6,220 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (tm2514304d1_ex99-1.htm)
Quote: “it will no longer include Toloka's results in Nebius' consolidated financial statements and will instead report its stake in Nebius' equity investments from the closing date”