Nebius beats quarterly revenue estimates as AI demand fuels growth

NBIS•2026-08-12

Second-quarter revenue tops estimates

Nebius Group surpassed second-quarter revenue estimates on Wednesday as booming demand for AI infrastructure and cloud services helped the company win larger contracts and raise prices for computing capacity.

The Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the quarter ended June, compared with analysts' average estimate of $572.75 million, according to data compiled by LSEG.

Nebius beats quarterly revenue estimates as AI demand fuels growth

Second-quarter revenue tops estimates

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