As of Q4'25 (2025-12-31), NBIS reported a net income of -249.6M USD, marking a significant loss for the latest quarter. The year-over-year (YoY) change for this period was -82.7%, indicating a substantial deterioration compared to the same quarter in the previous year. From Q1'23 to Q4'25, NBIS's net income has exhibited considerable volatility, with alternating periods of profit and loss. After a strong rebound to 584.5M USD in Q2'25, net income sharply declined in the following quarters, resulting in consecutive losses. The YoY growth rate also fluctuated widely, peaking at 699.5% in Q2'25 before turning negative in subsequent quarters, reflecting the company's unstable earnings performance over the observed period.