Nebius Group N.V. (NBIS)
NASDAQ:NBIS
Want to see NBIS full AI Analyst Report?
Earnings Data
Report Date
Jul 29, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.56Last Year’s EPS
-0.38Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strongly positive operational and commercial momentum: exceptional revenue and margin expansion, a large cash balance and significant contracted capacity growth, supported by strategic partnerships (Meta, NVIDIA), product launches and targeted M&A. These positives are tempered by materially higher CapEx needs, near-term margin timing variability, reliance on large strategic contracts for financing and some operational and political build risks. On balance, the highlights materially outweigh the lowlights.Company Guidance
Explosive Revenue Growth
Group revenue grew 684% year-over-year to $399 million in Q1 and was up 75% sequentially. Nebius AI (excl. consolidated investments) revenue rose 841% YoY to $390 million, an 82% quarter-over-quarter increase and represented 98% of group revenue.
Strong EBITDA and Margin Expansion
Group adjusted EBITDA reached $130 million (vs $15 million last quarter and a loss of $54 million a year ago) with a group adjusted EBITDA margin of 32%. Nebius AI adjusted EBITDA margin expanded to 45% from 24% in Q4 (nearly doubling quarter-over-quarter).
Improved Run-Rate and Reiterated Guidance
Nebius AI annualized run-rate revenue reached $1.9 billion at quarter end, up over 50% from $1.25 billion in the prior quarter. Management reiterated full-year targets: ARR $7–9 billion, group revenue $3.0–3.4 billion and group adjusted EBITDA margin around 40%.
Robust Balance Sheet and Liquidity
Cash and equivalents were $9.3 billion at quarter end. The company raised more than $6 billion year-to-date (including ~$4.3 billion in convertible note proceeds and a $2 billion NVIDIA equity investment) and generated $2.3 billion of operating cash flow in Q1 versus an operating cash outflow of $198 million a year earlier; customer prepayments reached a new quarterly record.
Rapid Capacity Contracting and Owned Footprint Growth
Contracted power exceeded 3.5 gigawatts and management is targeting at least 4 gigawatts this year. Owned contracted capacity now accounts for more than 75% of total power; a new Pennsylvania site was announced supporting up to 1.2 gigawatts once fully live.
Transformative Meta Agreement
Signed a 5-year $27 billion agreement with Meta comprised of $12 billion of dedicated capacity plus a $15 billion optional allocation that Nebius can either allocate to Meta or sell to its AI cloud customers — an arrangement management says can unlock asset-backed financing and improve margin and visibility.
Product, Partnership and M&A Momentum
Launched Aether 3.5 and completed three strategic acquisitions (Tavily, Eigen AI, Clarifai) that strengthen inference and agentic capabilities; Eigen was noted as NVIDIA-recognized #1 speed inference provider. Expanded NVIDIA partnership and achieved NVIDIA Exemplar Cloud status on GB300 across multiple GPU generations.
Demand, Pricing and Pipeline Momentum
Demand remained strong with several customers competing for each GPU (management cites 4+ customers per GPU). Pipeline for the AI cloud grew 3.5x quarter-over-quarter; management reported pricing gains, longer average contract durations, higher contract values and expanding prepayments.
NBIS Earnings History
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 |
|---|---|---|---|
May 13, 2026 | $179.11 | $207.27 | +15.72% |
Feb 12, 2026 | $88.61 | $89.73 | +1.26% |
Nov 11, 2025 | $109.95 | $102.22 | -7.03% |
Aug 07, 2025 | $55.09 | $65.31 | +18.55% |
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 N.V. (NBIS) report earnings?
Nebius Group N.V. (NBIS) is schdueled to report earning on Jul 29, 2026, TBA (Confirmed).
What is Nebius Group N.V. (NBIS) earnings time?
Nebius Group N.V. (NBIS) earnings time is at Jul 29, 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 2026 (Q2) is -0.56.
