Q4 2025 adjusted EBITDA margin
Company: Nebius
The claim, verbatim
AI cloud business adjusted EBITDA margin of 24% in Q4 2025
Source (primary)
Nebius Raised Its Year-End Power Target From More Than 3 Gigawatts to 5 in 6 Months - Yahoo Finance (-, news_article)
View cached copy (2026-09-04)Live source ↗Archive.org ↗
Quote: “and 24% in the fourth quarter of 2025”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The article says the AI cloud margin was 24% in the fourth quarter of 2025.
Confirmed in the source:
- Nebius's AI cloud business had a 24% adjusted EBITDA margin in Q4 2025
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/nebius-raised-end-power-target-205701886.html) in full (13,517 characters, retrieved September 4, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Nebius Raised Its Year-End Power Target From More Than 3 Gigawatts to 5 in 6 Months - Yahoo Finance
Quote: “and 24% in the fourth quarter of 2025”