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Side-by-side financial comparison of Nebius Group N.V. (NBIS) and VIRCO MFG CORPORATION (VIRC). Click either name above to swap in a different company.

VIRCO MFG CORPORATION is the larger business by last-quarter revenue ($47.6M vs $32.1M, roughly 1.5× Nebius Group N.V.). VIRCO MFG CORPORATION produced more free cash flow last quarter ($24.5M vs $-586.8M).

Nebius Group N.V., headquartered in Amsterdam, is a technology company that provides artificial intelligence infrastructure. The company also owns Avride and TripleTen, as well as stakes in Toloka and Clickhouse. It is headquartered in Amsterdam with offices in Israel and the United States.

The Virco Manufacturing Corporation, more commonly known as Virco, is an American furniture manufacturer based in Torrance, California which focuses on providing products for educational markets. The principal products of the company include student desks and activity tables, school and office seating, computer stations, lightweight folding tables, and upholstered chairs.

NBIS vs VIRC — Head-to-Head

Bigger by revenue
VIRC
VIRC
1.5× larger
VIRC
$47.6M
$32.1M
NBIS
More free cash flow
VIRC
VIRC
$611.3M more FCF
VIRC
$24.5M
$-586.8M
NBIS

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
NBIS
NBIS
VIRC
VIRC
Revenue
$32.1M
$47.6M
Net Profit
$-1.3M
Gross Margin
38.0%
Operating Margin
-251.1%
-3.6%
Net Margin
-2.8%
Revenue YoY
-42.3%
Net Profit YoY
-115.8%
EPS (diluted)
$-0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NBIS
NBIS
VIRC
VIRC
Q4 25
$47.6M
Q3 25
$32.1M
$92.1M
Q2 25
$24.2M
$33.8M
Q1 25
$28.5M
Q4 24
$82.6M
Q3 24
$79.6M
$108.4M
Q2 24
$36.3M
$46.7M
Q1 24
$42.6M
Net Profit
NBIS
NBIS
VIRC
VIRC
Q4 25
$-1.3M
Q3 25
$10.2M
Q2 25
$-185.4M
$732.0K
Q1 25
$-5.7M
Q4 24
$8.4M
Q3 24
$-258.2M
$16.8M
Q2 24
$-118.3M
$2.1M
Q1 24
$-2.3M
Gross Margin
NBIS
NBIS
VIRC
VIRC
Q4 25
38.0%
Q3 25
44.4%
Q2 25
47.5%
Q1 25
26.2%
Q4 24
44.4%
Q3 24
46.3%
Q2 24
43.5%
Q1 24
37.7%
Operating Margin
NBIS
NBIS
VIRC
VIRC
Q4 25
-3.6%
Q3 25
-251.1%
16.7%
Q2 25
-754.1%
-0.3%
Q1 25
-28.5%
Q4 24
13.5%
Q3 24
-366.1%
20.2%
Q2 24
-563.1%
6.4%
Q1 24
-6.5%
Net Margin
NBIS
NBIS
VIRC
VIRC
Q4 25
-2.8%
Q3 25
11.1%
Q2 25
-766.1%
2.2%
Q1 25
-20.1%
Q4 24
10.2%
Q3 24
-324.4%
15.5%
Q2 24
-325.9%
4.6%
Q1 24
-5.5%
EPS (diluted)
NBIS
NBIS
VIRC
VIRC
Q4 25
$-0.08
Q3 25
$0.65
Q2 25
$0.05
Q1 25
$-0.37
Q4 24
$0.52
Q3 24
$1.04
Q2 24
$0.13
Q1 24
$-0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NBIS
NBIS
VIRC
VIRC
Cash + ST InvestmentsLiquidity on hand
$4.8B
Total DebtLower is stronger
$3.9M
Stockholders' EquityBook value
$4.8B
$113.6M
Total Assets
$10.1B
$181.5M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NBIS
NBIS
VIRC
VIRC
Q4 25
Q3 25
$4.8B
Q2 25
$1.7B
Q1 25
Q4 24
Q3 24
$2.3B
Q2 24
$2.3B
Q1 24
$5.3M
Total Debt
NBIS
NBIS
VIRC
VIRC
Q4 25
$3.9M
Q3 25
$4.0M
Q2 25
$4.1M
Q1 25
$4.1M
Q4 24
$4.2M
Q3 24
$4.3M
Q2 24
$7.0M
Q1 24
$4.4M
Stockholders' Equity
NBIS
NBIS
VIRC
VIRC
Q4 25
$113.6M
Q3 25
$4.8B
$115.4M
Q2 25
$3.8B
$105.6M
Q1 25
$109.3M
Q4 24
$115.9M
Q3 24
$2.9B
$107.8M
Q2 24
$4.3B
$91.6M
Q1 24
$91.2M
Total Assets
NBIS
NBIS
VIRC
VIRC
Q4 25
$181.5M
Q3 25
$10.1B
$198.6M
Q2 25
$5.1B
$183.8M
Q1 25
$191.9M
Q4 24
$210.1M
Q3 24
$3.0B
$216.3M
Q2 24
$4.4B
$152.5M
Q1 24
$146.4M
Debt / Equity
NBIS
NBIS
VIRC
VIRC
Q4 25
0.03×
Q3 25
0.03×
Q2 25
0.04×
Q1 25
0.04×
Q4 24
0.04×
Q3 24
0.04×
Q2 24
0.08×
Q1 24
0.05×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NBIS
NBIS
VIRC
VIRC
Operating Cash FlowLast quarter
$-196.8M
$25.8M
Free Cash FlowOCF − Capex
$-586.8M
$24.5M
FCF MarginFCF / Revenue
-1828.0%
51.5%
Capex IntensityCapex / Revenue
1215.0%
2.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NBIS
NBIS
VIRC
VIRC
Q4 25
$25.8M
Q3 25
$-196.8M
$3.2M
Q2 25
$-162.0M
$-19.0M
Q1 25
$-8.3M
Q4 24
$33.5M
Q3 24
$12.5M
Q2 24
$-4.5M
Q1 24
$4.7M
Free Cash Flow
NBIS
NBIS
VIRC
VIRC
Q4 25
$24.5M
Q3 25
$-586.8M
$1.8M
Q2 25
$-379.9M
$-21.5M
Q1 25
$-9.2M
Q4 24
$31.0M
Q3 24
$10.7M
Q2 24
$-5.6M
Q1 24
$4.0M
FCF Margin
NBIS
NBIS
VIRC
VIRC
Q4 25
51.5%
Q3 25
-1828.0%
2.0%
Q2 25
-1569.8%
-63.6%
Q1 25
-32.4%
Q4 24
37.5%
Q3 24
9.8%
Q2 24
-12.0%
Q1 24
9.5%
Capex Intensity
NBIS
NBIS
VIRC
VIRC
Q4 25
2.7%
Q3 25
1215.0%
1.5%
Q2 25
900.4%
7.2%
Q1 25
3.3%
Q4 24
3.0%
Q3 24
1.7%
Q2 24
2.3%
Q1 24
1.5%
Cash Conversion
NBIS
NBIS
VIRC
VIRC
Q4 25
Q3 25
0.31×
Q2 25
-26.00×
Q1 25
Q4 24
3.98×
Q3 24
0.74×
Q2 24
-2.11×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NBIS
NBIS

Nebius$27.1M84%
TripleTen$6.3M20%
Avride$100.0K0%

VIRC
VIRC

Segment breakdown not available.

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