NEBIUS Reports Q3 Revenue of $980.8 Million, Up 571% Year-on-Year

NEBIUS announced its Q3 2026 results, reporting revenue of $980.8 million, a year-on-year increase of 571%; revenue for the first three quarters reached $1.9621 billion, up 549% year-on-year. Q3 revenue exceeded market expectations of $907.5 million by approximately 8.1%. Adjusted EBITDA for Q3 was $465.8 million, compared to a loss of $5.2 million in the same period last year; adjusted net profit was $90.9 million, compared to a loss of $100.4 million in the same period last year. According to Generally Accepted Accounting Principles (GAAP), the company reported a net loss from continuing operations of $37.5 million for Q3, with a diluted loss per share of $0.13. Capital expenditures for property, equipment, and intangible assets in Q3 amounted to $7.3004 billion, compared to $955.5 million in the same period last year; net cash outflow from operating activities for continuing operations was $273 million, compared to a net outflow of $80.6 million in the same period last year. As of September 30, the company had cash and cash equivalents of $7.4256 billion, with total cash and restricted cash amounting to $8.6411 billion.

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