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Nebius’ Q3 revenue soars 571% to $981m

Amsterdam-based Nebius Group, an AI infrastructure company, said its third-quarter 2026 revenue rose 571% year on year to US$980.8 million.

Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) reached US$465.8 million.

Operating income was US$50.4 million. Nebius said its AI cloud business contributed about 99% of revenue.

The company said annualized run-rate revenue reached US$6.4 billion by the end of September.

It expects full-year 2026 revenue at the low end of its US$3.0 billion to US$3.4 billion forecast range.

Arkady Volozh is on Nebius’ board of directors.

Data Center Map lists 18 Nebius data centers. Nebius has announced plans to add up to 300 megawatts of capacity at a new site in New Jersey.

The company also secured a US$3.5 billion financing facility with Citi to fund data center growth.

🔗 Source: Nebius Group N.V.

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