Nebius Q2: AI Cloud Revenue Soars 514% to $575M, Capacity Guidance Raised to 5GW
demian_ai · x · 2026-08-13
Nebius reported strong Q2 results, with total contract value (TCV) up 4x year-over-year and four landmark customer agreements averaging over $1 billion in TCV.
AI cloud revenue surged 514% to $575 million, achieving a 50% adjusted EBITDA margin. The company also increased its contracted capacity guidance for 2026 to 5 GW and expects to deploy more than 1 GW annually starting in 2027.
Related event: Nebius Q2 Earnings: AI Cloud Revenue Surges 514% with Billion-Dollar Deals(4 posts)→
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