vs
Nebius Group N.V.（NBIS）与Rumble Inc.（RUM）财务数据对比。点击上方公司名可切换其他公司
Nebius Group N.V.的季度营收约是Rumble Inc.的1.2倍（$32.1M vs $27.1M），Rumble Inc.自由现金流更多（$-31.7M vs $-586.8M）
Nebius Group N.V.是总部位于阿姆斯特丹的科技企业，核心业务为提供人工智能基础设施相关服务。集团旗下拥有Avride、TripleTen两大品牌，同时持有Toloka和Clickhouse的股份，在以色列、美国均设有办公地点。
Rumble Inc.是一家加美跨国企业，主营在线视频平台、网络托管及云服务，总部位于加拿大多伦多，美国总部设在佛罗里达州朗博特基。公司由加拿大科技创业者克里斯·帕夫洛夫斯基于2013年创立，云服务板块为Truth Social提供托管支持，其视频平台在美国保守派及极右翼用户群体中广受欢迎，属于“另类科技”阵营。
NBIS vs RUM — 直观对比
营收规模更大
NBIS
是对方的1.2倍
$27.1M
自由现金流更多
RUM
多$555.1M
$-586.8M
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $32.1M | $27.1M |
| 净利润 | — | $-32.7M |
| 毛利率 | — | 5.5% |
| 营业利润率 | -251.1% | -131.1% |
| 净利率 | — | -120.8% |
| 营收同比 | — | -10.5% |
| 净利润同比 | — | 86.2% |
| 每股收益（稀释后） | — | $-0.13 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收NBISRUM
| Q4 25 | — | $27.1M | ||
| Q3 25 | $32.1M | $24.8M | ||
| Q2 25 | $24.2M | — | ||
| Q1 25 | — | $23.7M | ||
| Q4 24 | — | $30.2M | ||
| Q3 24 | $79.6M | $25.1M | ||
| Q2 24 | $36.3M | $22.5M | ||
| Q1 24 | — | $17.7M |
净利润NBISRUM
| Q4 25 | — | $-32.7M | ||
| Q3 25 | — | $-16.3M | ||
| Q2 25 | $-185.4M | — | ||
| Q1 25 | — | $-2.7M | ||
| Q4 24 | — | $-236.8M | ||
| Q3 24 | $-258.2M | $-31.5M | ||
| Q2 24 | $-118.3M | $-26.8M | ||
| Q1 24 | — | $-43.3M |
毛利率NBISRUM
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | -1.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -26.7% | ||
| Q4 24 | — | -14.2% | ||
| Q3 24 | — | -45.4% | ||
| Q2 24 | — | -58.8% | ||
| Q1 24 | — | -79.5% |
营业利润率NBISRUM
| Q4 25 | — | -131.1% | ||
| Q3 25 | -251.1% | -113.6% | ||
| Q2 25 | -754.1% | — | ||
| Q1 25 | — | -153.5% | ||
| Q4 24 | — | -80.1% | ||
| Q3 24 | -366.1% | -131.0% | ||
| Q2 24 | -563.1% | -172.7% | ||
| Q1 24 | — | -197.4% |
净利率NBISRUM
| Q4 25 | — | -120.8% | ||
| Q3 25 | — | -65.7% | ||
| Q2 25 | -766.1% | — | ||
| Q1 25 | — | -11.2% | ||
| Q4 24 | — | -783.2% | ||
| Q3 24 | -324.4% | -125.9% | ||
| Q2 24 | -325.9% | -119.2% | ||
| Q1 24 | — | -244.1% |
每股收益（稀释后）NBISRUM
| Q4 25 | — | $-0.13 | ||
| Q3 25 | — | $-0.06 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-0.01 | ||
| Q4 24 | — | $-1.17 | ||
| Q3 24 | — | $-0.15 | ||
| Q2 24 | — | $-0.13 | ||
| Q1 24 | — | $-0.21 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $4.8B | $237.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.8B | $274.8M |
| 总资产 | $10.1B | $336.8M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资NBISRUM
| Q4 25 | — | $237.9M | ||
| Q3 25 | $4.8B | $269.8M | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | — | $301.3M | ||
| Q4 24 | — | $114.0M | ||
| Q3 24 | $2.3B | $132.0M | ||
| Q2 24 | $2.3B | $154.2M | ||
| Q1 24 | — | $183.8M |
股东权益NBISRUM
| Q4 25 | — | $274.8M | ||
| Q3 25 | $4.8B | $302.2M | ||
| Q2 25 | $3.8B | — | ||
| Q1 25 | — | $339.6M | ||
| Q4 24 | — | $-63.1M | ||
| Q3 24 | $2.9B | $166.1M | ||
| Q2 24 | $4.3B | $192.7M | ||
| Q1 24 | — | $210.7M |
总资产NBISRUM
| Q4 25 | — | $336.8M | ||
| Q3 25 | $10.1B | $367.2M | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | — | $391.1M | ||
| Q4 24 | — | $195.3M | ||
| Q3 24 | $3.0B | $217.2M | ||
| Q2 24 | $4.4B | $243.2M | ||
| Q1 24 | — | $263.0M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-196.8M | $-29.4M |
| 自由现金流经营现金流 - 资本支出 | $-586.8M | $-31.7M |
| 自由现金流率自由现金流/营收 | -1828.0% | -117.2% |
| 资本支出强度资本支出/营收 | 1215.0% | 8.5% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-70.8M |
8季度趋势，按日历期对齐
经营现金流NBISRUM
| Q4 25 | — | $-29.4M | ||
| Q3 25 | $-196.8M | $-10.6M | ||
| Q2 25 | $-162.0M | — | ||
| Q1 25 | — | $-14.5M | ||
| Q4 24 | — | $-12.4M | ||
| Q3 24 | — | $-19.1M | ||
| Q2 24 | — | $-21.7M | ||
| Q1 24 | — | $-33.9M |
自由现金流NBISRUM
| Q4 25 | — | $-31.7M | ||
| Q3 25 | $-586.8M | $-12.0M | ||
| Q2 25 | $-379.9M | — | ||
| Q1 25 | — | $-14.6M | ||
| Q4 24 | — | $-12.4M | ||
| Q3 24 | — | $-19.9M | ||
| Q2 24 | — | $-23.1M | ||
| Q1 24 | — | $-34.3M |
自由现金流率NBISRUM
| Q4 25 | — | -117.2% | ||
| Q3 25 | -1828.0% | -48.6% | ||
| Q2 25 | -1569.8% | — | ||
| Q1 25 | — | -61.7% | ||
| Q4 24 | — | -40.9% | ||
| Q3 24 | — | -79.5% | ||
| Q2 24 | — | -102.8% | ||
| Q1 24 | — | -193.3% |
资本支出强度NBISRUM
| Q4 25 | — | 8.5% | ||
| Q3 25 | 1215.0% | 5.7% | ||
| Q2 25 | 900.4% | — | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | 6.1% | ||
| Q1 24 | — | 2.4% |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
NBIS
| Nebius | $27.1M | 84% |
| TripleTen | $6.3M | 20% |
| Avride | $100.0K | 0% |
RUM
| Audience Monetization | $23.8M | 88% |
| Other Initiatives | $3.3M | 12% |
