Nebius Group rises, posts upbeat Q2 revenue

NBIS•2026-08-12

Q2 revenue beats estimates

Nebius said its second-quarter revenue rose 454% year over year to $582 million, beating analysts' average estimate of $572.75 million, according to data compiled by LSEG.

"We closed our largest AI Cloud deals on our strongest terms to date, at prices that represent a step-change in the economics of our business," CEO Arkady Volozh said.

Up to the last close, the stock had more than doubled this year.

Shares rise after strong premarket reaction

Shares of AI cloud firm Nebius Group NBIS.O rose 14.4% to $221.00 premarket.

Nebius Group rises, posts upbeat Q2 revenue

Q2 revenue beats estimates

Shares rise after strong premarket reaction

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