Skip to content
Minto avatarMinto
← All companies

Product matrix2

AI-assisted product illustrations · Product information on detail pages

2026 Q2 · 2026-06-30

Financial visuals and sources

Revenue, profit, cash measures and issuer outlook are presented separately. Subsequent events and unresolved scope differences are identified in the report.

Read full visuals, data and sources (Chinese) ↗

Visual research edition · integrated September 13, 2026. Each source retains its reporting period and review date. Not investment advice.

Latest quarterly results

2026 Q2

Period ended

Cloud growth, and the cash cost of building it

Cloud revenue is scaling, while construction still absorbs cash. Positive adjusted EBITDA does not equal GAAP profit.

Revenue0.582USD billion · GAAP
Operating profit / loss-0.176USD billion · GAAP
Net loss, continuing operations-0.19USD billion · GAAP

Revenue YoY +454.0%Revenue QoQ +45.9%Calculated from comparable revenue

Costs and expenses are deducted step by step. Operating and net losses are subtotals, not additional deductions. Chart labels are in Chinese; values below are in USD billions.

Income statement details
Revenue
0.582USD bn
Cost of revenues, excluding D&A
-0.134USD bn
Product development
-0.191USD bn
Sales, general and administrative
-0.174USD bn
Depreciation and amortization
-0.26USD bn
Operating profit / loss
-0.176USD bn
Net non-operating income / loss
-0.001USD bn
Income tax
-0.014USD bn
Net loss, continuing operations
-0.19USD bn
Quarterly report archive · 1
NBIS · 2026 Q2 · Revenue and profit

Scroll horizontally to inspect the full chart

Revenue and profit

Deep Research1

Access shown per item

Coverage Timeline2

Following since 2025.06
  1. 2025
    2025.09.092 min

    Nebius Surges 50% on $19.4B Microsoft Deal, Revenue Set to Skyrocket

    Earlier I gave a brief earnings overview of NBIS, an AI infrastructure leader with diversified business, to introduce the company.

  2. 2025.06.263 min

    NBIS Q1 2025: AI Infrastructure Leads, Diversified Bets Grow

    NBIS, an AI infrastructure company, reported Q1 2025 revenue of $55.3M (+385% YoY) and ARR of $249M (+684%). Core GPU cloud business drives growth, while Toloka, TripleTen, and Avride show promise. Losses persist due to heavy CapEx.

Learn · Industry 101

4 topics
Show 2 more topics
More in Information Technology
Nebius (NBIS) — Research · Minto