MCHX
Marchex, Inc.
MCHX lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve.
NBIS
Nebius Group N.V.
There isn't enough reported data to score NBIS yet.
MCHX Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Under pressure | |
| Strong |
MCHX's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are under pressure.
NBIS Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Unavailable | |
| Healthy |
NBIS's profitability and balance sheet are currently healthy. There isn't enough data to rate its revenue and cash flow.
MCHX PE Valuation
MCHX has no meaningful PE right now: it lost money over the past year.
NBIS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 68x | $22.45 | -83% |
| Fair | 114x | $37.67 | -71% |
| Current | 390x | $129 | — |
| Expensive | 666x | $220 | +71% |
Historical ranges are pointers, not guarantees.
NBIS's PE is 390x, but its earnings don't support one, so it isn't a reliable read right now.
MCHX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
MCHX has the edge over NBIS on the outlook, with more favorable earnings expectations.
NBIS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses steady | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect NBIS's revenue to grow and its profitability to improve, with its earnings holding steady. However, they disagree widely on these estimates.
MCHX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.15 | — |
| Q2 2026 | -$0.12 | -$0.02 |
| Q1 2026 | -$0.11 | +$0.01 |
| Q4 2025 | -$0.11 | $0.00 |
| Q3 2025 | -$0.10 | -$0.01 |
| Q2 2025 | -$0.10 | +$0.01 |
| Q1 2025 | -$0.12 | +$0.03 |
| Q4 2024 | -$0.11 | +$0.11 |
| Q3 2022 | -$0.14 | +$0.02 |
MCHX is still losing money, but less than at its worst: $0.12 per share over the past year, against $0.22 at its worst in late 2023.
NBIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2025 | $0.33 | +$2.61 |
| Q4 2024 | -$2.28 | -456% |
| Q4 2023 | $0.64 | -36% |
| Q4 2022 | $1.00 | +$1.49 |
| Q4 2021 | -$0.49 | -156% |
| Q4 2020 | $0.87 | +89% |
| Q4 2019 | $0.46 | -73% |
| Q4 2018 | $1.71 | +434% |
NBIS has the edge over MCHX in the latest year-over-year earnings comparison.
MCHX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $11M | -5.6% |
| Q1 2026 | $10.6M | -6.9% |
| Q4 2025 | $10.8M | -9% |
| Q3 2025 | $11.5M | -8.3% |
| Q2 2025 | $11.7M | -3.5% |
| Q1 2025 | $11.4M | -1.5% |
| Q4 2024 | $11.9M | -3.8% |
| Q3 2024 | $12.6M | -1.8% |
MCHX has the edge over NBIS in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -3.1% | +1.5 points |
| Q1 2026 | -13% | +3.7 points |
| Q4 2025 | -22% | -8.6 points |
| Q3 2025 | -8.2% | -1.6 points |
| Q2 2025 | -4.6% | +1.4 points |
| Q1 2025 | -16% | -5.1 points |
| Q4 2024 | -13% | -4.3 points |
| Q3 2024 | -6.6% | +3.8 points |
MCHX's operating margin was −3.1% last quarter, up 1.5 points from the same quarter a year ago, near the top of its range since 2019.
NBIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2023 | $9.7B | +53% |
| Q4 2022 | $6.3B | +46% |
| Q4 2021 | $4.3B | +63% |
| Q4 2020 | $2.6B | +24% |
| Q4 2019 | $2.1B | +37% |
| Q4 2018 | $1.5B | +36% |
| Q4 2017 | $1.1B | +24% |
| Q4 2016 | $917M | +27% |
NBIS's revenue is growing: $530M last quarter, down 80% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | -115% | -112 points |
| Q4 2023 | 3.6% | -11 points |
| Q4 2022 | 2.5% | -14 points |
| Q4 2021 | -3.7% | -18 points |
| Q4 2020 | 7.4% | -9.5 points |
| Q4 2019 | 14% | -2 points |
| Q4 2018 | 16% | -14 points |
| Q4 2017 | 14% | -19 points |
NBIS's operating margin was −115% last quarter, down 123 points from the same quarter a year ago, near the bottom of its range since 2011.
MCHX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$651K | -243% |
| Q1 2026 | -$957K | +$2M |
| Q4 2025 | $116K | -84% |
| Q3 2025 | $897K | +351% |
| Q2 2025 | $454K | +1035% |
| Q1 2025 | -$2.9M | -$429K |
| Q4 2024 | $710K | -21% |
| Q3 2024 | $199K | +$579K |
MCHX has burned cash in most quarters: −$595,000 over the past year, against −$2M the year before.
NBIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$3.7B | -$3.1B |
| Q4 2024 | -$562.1M | -$316.2M |
| Q4 2023 | -$245.9M | -$138.9M |
| Q4 2022 | -$107M | +$319.7M |
| Q4 2021 | -$426.7M | -539% |
| Q4 2020 | $97.3M | -66% |
| Q4 2019 | $287.9M | +$289.2M |
| Q4 2018 | -$1.3M | -101% |
NBIS has burned cash in six of the last eight quarters: −$4.6B over the past year, against −$43M the year before.
MCHX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +5.5M shares |
| 1 year | 0% | -- |
| 3 years | +3% | +1.4M shares |
| 5 years | +0.1% | +70K shares |
| Available history | -3.5% | -1.7M shares |
MCHX has 49M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
NBIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -12% | -33.3M shares |
| 1 year | -32% | -115M shares |
| 3 years | -26% | -86.9M shares |
NBIS has the edge over MCHX on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | $10M |
| Q4 2021 | $84.1M |
| Q4 2020 | $122.8M |
| Q4 2019 | $17.2M |
| Q4 2018 | $121.8M |
| Q4 2014 | $101.7M |
| Q4 2013 | $102.9M |
MCHX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | -10.9x | Net Cash |
| Q1 2022 | -5.4x | Net Cash |
| Q4 2021 | -27.6x | Net Cash |
| Q4 2019 | -28.7x | Net Cash |
| Q3 2019 | -23.5x | Net Cash |
MCHX has more cash than debt.
NBIS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2023 | 0.7x | Very low |
| Q4 2022 | -0.7x | Net Cash |
NBIS's net debt is less than a year of its operating earnings (EBITDA).
MCHX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.7 | Neutral |
| Stochastic | 26.9 | Neutral |
MCHX's weekly RSI is 44 (neutral) and its Stochastic is 27 (neutral).
NBIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.0 | Neutral |
| Stochastic | 8.3 | Oversold |
NBIS's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).
MCHX PE vs Communication Services Sector
MCHX has no meaningful PE right now: it lost money over the past year.
NBIS PE vs Communication Services Sector
| Metric | NBIS | Sector median | Relative |
|---|---|---|---|
| PE | 390x | 16x | 2,264% above |
| PE % | 62 | 24 | 38 pts above |
NBIS is trading at 390x earnings, a 2264% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
MCHX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.32 | 4.5% above |
| 20 week MA | $1.55 | 11% below |
| 50 week MA | $1.58 | 13% below |
| 100 week MA | $1.71 | 19% below |
| 200 week MA | $1.69 | 18% below |
NBIS has stronger trend alignment. MCHX is above 1 of 5 weekly averages versus NBIS above 1 of 4.
NBIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $179.7 | 28% below |
| 20 week MA | $199.9 | 36% below |
| 50 week MA | $163.5 | 21% below |
| 100 week MA | $110.0 | 17% above |
NBIS has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 17% above its 100-week average.
MCHX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.77 | $2.15 | -43% |
| 2021 | $2.15 | $2.71 | +26% |
| 2022 | $2.71 | $1.71 | -37% |
| 2023 | $1.71 | $1.36 | -20% |
| 2024 | $1.36 | $1.88 | +38% |
| 2025 | $1.88 | $1.67 | -11% |
| 2026 YTD | $1.67 | $1.38 | -17% |
MCHX has finished lower in four of the last six years. It's down 17% so far in 2026.
NBIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $19.6 | $27.3 | +40% |
| 2025 | $27.3 | $87.6 | +221% |
| 2026 YTD | $87.6 | $128.6 | +47% |
NBIS has the edge over MCHX on returns for 2026, with the stronger performance.