Nebius Group Reports Strong Q2 Growth and Raises Revenue Outlook

Yandex NV ( (NBIS) ) has released its Q2 earnings. Here is a breakdown of the information Yandex NV presented to its investors.

Nebius Group N.V., a prominent AI infrastructure company headquartered in Amsterdam and listed on NASDAQ, specializes in providing full-stack infrastructure solutions for the global AI industry. The company also operates businesses in autonomous vehicle technology and edtech services.

In its latest earnings report, Nebius announced a significant increase in revenue for the second quarter of 2025, with a 625% year-over-year growth, reaching $105.1 million. The company also reported achieving positive adjusted EBITDA in its core business ahead of schedule, and it raised its annualized run-rate revenue guidance for 2025 to between $900 million and $1.1 billion.

Key financial highlights include a substantial improvement in net income from continuing operations, which rose to $502.5 million from a loss of $116.9 million in the previous year. The company’s operating expenses increased by 71%, largely due to investments in product development and infrastructure expansion. Nebius is aggressively expanding its capacity, aiming to secure over 1 GW of power by the end of 2026 to meet the growing demand for AI infrastructure.

Looking ahead, Nebius is poised to capitalize on the increasing demand for AI infrastructure, with plans to expand its global footprint and enhance its cloud platform. The company is focused on scaling its operations and diversifying its customer base, positioning itself as a leader in the AI infrastructure market.