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Nebius Group Reports Strong Q2 Results and Raises Revenue Forecast
Nebius Group (NASDAQ: NBIS) announced its second-quarter earnings on Thursday, reporting a revenue of $105.1 million, exceeding analyst expectations of $101.2 million. The company’s loss per share was $0.38, better than the anticipated $0.42 loss.
Management has increased its annualized revenue run-rate guidance for the end of 2025 to between $900 million and $1.1 billion, up from $750 million to $1 billion. CEO Arkady Volozh noted that demand for AI infrastructure is rapidly growing, leading to plans for securing an additional 1 GW of power by the end of 2026.
As of 10:27 a.m. ET on Thursday, shares of Nebius were up 24.5% for the day and have surged over 140% year-to-date.
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