Nebius Reports 454% Increase in Q2 Revenue, Switches to Operating Loss

Nebius ($NBIS) recorded a revenue of $582.3 million in Q2 2026, marking a 454% increase compared to the same period last year. Adjusted EBITDA turned positive, but the net income from continuing operations shifted to a loss. In its Q2 earnings report released on the 12th, Nebius stated that revenue increased from $101.5 million in the same period last year to $582.3 million. Adjusted EBITDA reached $236.2 million, reversing from a loss of $21 million in the previous year. The adjusted net loss was $33.2 million, a 64% reduction from the $91.5 million loss in the same period last year. However, the net income from continuing operations transitioned from a profit of $50.25 million in the same period last year to a loss of $19.04 million this year. Cumulative revenue for the first half of the year was $981.3 million, a 529% increase compared to the same period last year. The adjusted EBITDA for the first half also recorded $365.7 million, reversing from a loss of $74.7 million in the same period last year. The AI computing infrastructure industry is experiencing simultaneous revenue growth and cost pressures.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.