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Nebius (NBIS) smashed Q2

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Aug 12, 2026 · 12:13

Closed four massive AI Cloud deals during the quarter, each averaging more than $1 billion in total contract value.

Total contract value nearly x4 QoQ and stronger demand supported higher pricing across both new- and older-generation GPUs.

* Revenue reached $582 million, up 454% YoY
* ARR increased to $3.0 billion, up 58% QoQ
* The EPS loss narrowed to $0.12, improving 68% YoY
* AI Cloud adjusted EBITDA margin reached 50%, up from 24% in Q4 2025
* 2026 contracted-power guidance was raised to 5 GW
* Full-year guidance was reaffirmed

[https://www.businesswire.com/news/home/20260812963359/en/Nebius-reports-second-quarter-2026-financial-results](https://www.businesswire.com/news/home/20260812963359/en/Nebius-reports-second-quarter-2026-financial-results)

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