Nebius Group NV reported a net income from continuing operations of $398.2 million for the first half of 2025, a significant turnaround from a net loss of $185.5 million in the same period of 2024. This improvement was primarily attributed to gains from the revaluation of their investment in ClickHouse. The company also reported an increase in revenues for its segments, with Nebius seeing a year-on-year growth of 676% to $135.1 million and Avride achieving a 300% increase to $0.4 million for the first half of 2025. The company experienced a rise in losses from operations, climbing from $182.5 million to $231.5 million, due to the ongoing expansion of its core infrastructure business. Other income/losses showed a positive shift from a loss of $16.0 million in 2024 to a gain of $32.9 million in 2025, bolstered by a foreign exchange gain of $10.8 million. Nebius Group NV continues to develop its technology offerings, including high-performance GPU clusters and a proprietary cloud platform, to support the growth of the global AI industry. The company also holds equity stakes in Toloka and ClickHouse.