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Nebius posts soaring revenue growth and expects 2027 margin gains

Nebius Group logoNebius Group
Sig2.78Sen+5.60Env0.00Soc0.00Gov0.00

In Q2 2026, Nebius reported group revenue of $582 million, up 454% year over year, and an annualized run-rate revenue of $3 billion. Its Nebius AI unit generated a 50% adjusted EBITDA margin, with an asset-light approach aimed at scaling capacity without heavy balance-sheet investment. For 2026, it reaffirmed guidance of $7–9 billion run-rate revenue and ~40% adjusted EBITDA margin, with $20–$25 billion capex.

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