Nebius Group N.V. (NBIS) — Free Cash Flow Generation Index

Latest as of March 2026: -1.46x

Nebius Group N.V. (NBIS) has a Free Cash Flow Generation Index of -1.46x as of March 2026. Free cash flow of $-1.22 Billion represents -1% of operating cash flow ($834.30 Million). Explore NBIS capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

-1.46x
Free Cash Flow / Operating CF

Free Cash Flow

$-1.22 Billion
USD

Operating Cash Flow

$834.30 Million
USD

Capital Expenditures

$2.06 Billion
USD

Nebius Group N.V. Free Cash Flow Generation Index (2009–2025)

Historical FCF Generation Index trend for Nebius Group N.V. across 17 annual periods. For the full cash flow conversion analysis, see Nebius Group N.V. cash conversion from operations.

Annual Free Cash Flow Generation for Nebius Group N.V. (2009–2025)

Year-by-year Free Cash Flow Generation Index for Nebius Group N.V.. Check Nebius Group N.V. (NBIS) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 -9.57x $-3.68 Billion $384.80 Million $4.07 Billion ▼ -318.0%
2024 -2.29x $-562.10 Million $245.60 Million $807.70 Million ▼ -354.4%
2023 0.90x $746.40 Million $829.80 Million $83.40 Million ▼ -8.1%
2022 0.98x $682.40 Million $697.00 Million $14.60 Million ▲ +125.8%
2021 -3.80x $-473.75 Million $124.62 Million $598.37 Million ▼ -1639.1%
2020 0.25x $108.23 Million $438.20 Million $329.97 Million ▼ -54.0%
2019 0.54x $384.47 Million $715.83 Million $331.36 Million ▲ +13751.1%
2018 0.00x $-1.60 Million $405.97 Million $407.57 Million ▼ -100.8%
2017 0.48x $197.38 Million $412.21 Million $214.83 Million ▼ -22.7%
2016 0.62x $255.77 Million $412.96 Million $157.19 Million ▲ +89.6%
2015 0.33x $86.15 Million $263.69 Million $177.54 Million ▼ -13.4%
2014 0.38x $105.55 Million $279.67 Million $174.13 Million ▼ -43.2%
2013 0.66x $297.08 Million $447.18 Million $150.10 Million ▲ +1.5%
2012 0.65x $248.38 Million $379.53 Million $131.15 Million ▲ +148.6%
2011 0.26x $61.77 Million $234.65 Million $172.87 Million ▼ -57.6%
2010 0.62x $115.20 Million $185.52 Million $70.32 Million ▼ -10.0%
2009 0.69x $73.01 Million $105.76 Million $32.75 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).