Wednesday, August 12Pre-Market
Nebius Group
NBIS · Q2 2026AI Cloud Infrastructure · Data Center
86/ 100
Nebius grew quarterly revenue 454% year over year to $582 million, swung adjusted EBITDA firmly positive for the first time, and lifted its annualized run-rate revenue (ARR) to $3 billion. Four new AI cloud contracts each worth more than $1 billion, plus a raised year-end contracted-power target of 5 GW, sent the stock up roughly 34% on earnings day. The key thing to watch now is whether the company can keep funding its enormous capital spending with customer prepayments through to 2027, when those mega-deals begin converting into revenue.
- Revenue Growth (YoY)
- + 454%
- EPS Surprise
- + 83%
- Post-Earnings Reaction
- + 34.1%
