Nebius beats quarterly revenue estimates on AI demand
In short
Nebius reported quarterly revenue of $981 million, above the $907.5 million forecast.
It also said demand for AI is strong, with customers signing longer deals at higher prices. The company sees sales reaching $12 billion to $13 billion by 2027.
What the reporting says
Nebius reported quarterly revenue of $981 million, above analyst estimates of $907.5 million, on strong AI demand. The company also projected sales of $12 billion to $13 billion by 2027, while its 2026 revenue outlook came in slightly below market expectations. Nebius said customers are choosing longer agreements at higher prices, and prepayments are now ahead of capital spending.
Why it matters
Nebius reported quarterly revenue of $981 million, topping analyst estimates of $907.5 million. The company linked the strength to AI demand and said customers are signing longer agreements at higher prices, with prepayments exceeding capital investments. It also forecast sales of $12 billion to $13 billion by 2027, while its 2026 outlook was slightly below market expectations.