Nebius Group's earnings call reflected a strong growth trajectory with record revenue increases and major deals with Meta and Microsoft. However, capacity constraints pose challenges, and significant capital expenditures and potential shareholder dilution are notable concerns. The company is making strategic investments in capacity and product development to capitalize on strong demand.

Company Guidance

During the Nebius Group's third-quarter 2025 earnings call, the company provided an optimistic outlook with several key metrics. They reported a Q3 group revenue of $146 million, marking a 355% increase year-over-year and a 39% quarter-over-quarter growth. The company's core infrastructure business, accounting for nearly 90% of total revenue, grew by 400% year-over-year and 40% sequentially. They signed significant deals, including a $3 billion contract with Meta and a deal with Microsoft valued between $17.4 billion and $19.4 billion. Nebius plans to increase its contracted capacity to 2.5 gigawatts by 2026, up from the previously discussed 1 gigawatt. The company aims for an annualized run rate revenue (ARR) of $7 to $9 billion by the end of 2026 and has tightened its full-year 2025 revenue guidance to between $500 million and $550 million. Capital expenditures for 2025 are expected to rise from approximately $2 billion to around $5 billion to support these growth plans.

Record Revenue Growth

Q3 group revenue reached $146 million, marking an increase of nearly 355% year over year and 39% quarter over quarter. The core infrastructure business grew 400% year over year and 40% sequentially.

Major Long-term Deals

Secured a $3 billion deal with Meta and a $17.4 billion to $19.4 billion deal with Microsoft, indicating strong demand for capacity.

Expansion of Capacity Plans

Contracted capacity is expected to grow to 2.5 gigawatts by 2026, up from one gigawatt, with plans for 800 megawatts to one gigawatt of power connected to data centers by the end of 2026.

Launch of New AI Cloud Products

Released Ether, an enterprise-ready cloud platform version 3.0, and Nebius Talking Factory, an inference platform, to expand the addressable market.

Strong Demand Environment

Pipeline generation expanded 70% quarter on quarter, generating $4 billion in pipeline despite capacity constraints.

Nebius Group (NBIS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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NBIS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 17, 2026	2025 (Q4)	-0.66 / -	-0.37	―	―	―
Nov 11, 2025	2025 (Q3)	-0.56 / -0.40	-0.473	15.43% (+0.07)	―
Aug 07, 2025	2025 (Q2)	-0.50 / -0.38	0.498	-176.91% (-0.88)	―
May 20, 2025	2025 (Q1)	-0.48 / -0.41	0.368	-212.77% (-0.78)
Feb 20, 2025	2024 (Q4)	-0.39 / -0.37	0.345	-207.25% (-0.71)	―
Oct 31, 2024	2024 (Q3)	- / -0.47	0.097	-587.63% (-0.57)	―
Aug 01, 2024	2024 (Q2)	- / 0.50	0.471	5.73% (+0.03)		―
Apr 26, 2024	2024 (Q1)	- / 0.37	0.035	951.43% (+0.33)		―
Feb 15, 2024	2023 (Q4)	- / 0.34	0.027	1177.78% (+0.32)		―
Oct 27, 2023	2023 (Q3)	- / 0.10	0.114	-14.91% (-0.02)		―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

NBIS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 11, 2025	$109.95	$102.22	-7.03%
Aug 07, 2025	$55.09	$65.31	+18.55%
May 20, 2025	$37.56	$39.14	+4.21%
Feb 20, 2025	$44.83	$46.25	+3.17%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Nebius Group (NBIS) report earnings?

Nebius Group (NBIS) is schdueled to report earning on Feb 17, 2026, TBA (Confirmed).

What is Nebius Group (NBIS) earnings time?

Nebius Group (NBIS) earnings time is at Feb 17, 2026, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is NBIS EPS forecast?

NBIS EPS forecast for the fiscal quarter 2025 (Q4) is -0.66.

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