• Nebius Group average operating margin for 2023 was 1.41%, a 351.79% increase from 2022.
• Nebius Group average operating margin for 2022 was -0.56%, a 900% decline from 2021.
• Nebius Group average operating margin for 2021 was 0.07%, a 99.26% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.