As of Q4'25, NBIS reported an Operating Cash Flow of 834.3M USD and a Free Cash Flow of -1.22B USD. This marks a significant increase in Operating Cash Flow from previous quarters, while Free Cash Flow remains deeply negative. From Q1'23 to Q4'25, the chart shows considerable volatility in both cash flow metrics. Operating Cash Flow fluctuated, with positive values in 2023, a period of zero reported values throughout 2024 and early 2025, followed by a sharp drop to -80.4M USD in Q3'25 and a dramatic rebound to 834.3M USD in Q4'25. Free Cash Flow started positive in Q1'23 but turned negative from Q2'23 onward, reaching its lowest point at -1.22B USD in Q4'25. This trend highlights ongoing cash flow challenges and significant swings in financial performance over the observed period.