In the latest reporting period of Q1'26, NBIS reported a Gross Margin of 74%, an Operating Margin of -32.08%, and a Net Profit Margin of 155.7%. This represents a significant recovery in profitability metrics compared to the previous quarter, with the Net Profit Margin reaching its highest point in the recorded period. From Q2'23 to Q1'26, the company's profit margins exhibited extreme volatility, characterized by a sharp decline between Q1'24 and Q2'24 where Operating Margin plummeted from 6.87% to -491.57%. While Gross Margin has trended upward and stabilized above 70% since Q2'25, the Operating Margin remains consistently negative, indicating ongoing structural challenges in managing operational expenses despite improving top-line efficiency. Notably, the Net Profit Margin has shown sporadic spikes, such as in Q2'25 and Q1'26, suggesting the influence of non-operating income or significant one-time financial adjustments.