Quick Read Nebius Group (NBIS) Q4 revenue hit $227.7M, surging 547% year-over-year on AI cloud demand. Nebius spent $4.1B on capex in 2025 and plans $16B to $20B for 2026. Nebius projects 2026 revenue of $3B to $3.4B with EBITDA margins approaching 40%. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. Nebius Group (NASDAQ:NBIS) released its fourth-quarter and full-year 2025 earnings this morning that ...

Core Insights - The selloff of Nebius Group N.V. (NBIS) is attributed to market expectations rather than any underlying issues with the company itself [1] Financial Performance - Nebius Group reported Q4 revenue of $227.7 million, which fell short of market expectations [1]

人工智能云服务商 Nebius 集团（NBIS） 周四公布，季度资本开支大幅上升，主要受人工智能芯片采购 以及数据中心投资增加推动。该 AI 云企业正加紧扩充算力，以应对飙升的需求。 专题：聚焦美股2025年第四季度财报 这家总部位于阿姆斯特丹的公司客户包括科技巨头微软（MSFT）和元宇宙平台公司（META）。其表 示，将继续扩大数据中心布局，在美国、法国、以色列和英国新增9 个园区。 该公司股价去年大涨超 200%，早盘交易波动剧烈，最新下跌3%。 Nebius 是业内主要的新型云服务商之一，向其他科技企业提供硬件与云计算算力服务，核心业务为提 供英伟达（NVDA）芯片及人工智能云基础设施。 与规模更大的竞争对手 CoreWeave（CRWV）一样，Nebius 在过去几年受益于企业在人工智能领域的持 续投入。 Nebius 首席执行官阿尔卡季・沃洛日在致股东信中表示： "企业与人工智能原生客户的需求持续超过供给，这让我们能够提前售出未来算力…… 我们将全力投入 资源，在 2026 年通过内生增长与针对性收购继续扩大能力。" 去年第四季度，该公司资本开支飙升至约 21 亿美元，而上年同期仅为 4.16 亿美 ...

（文章来源：每日经济新闻） 每经AI快讯，2月12日，英伟达持仓概念股NEBIUS绩后低开高走，现转涨，此前一度跌超9%。 ...

Nebius Group (NASDAQ: NBIS) is inching down this morning after reporting $227.7 million in revenue on a $249.6 million loss for its fourth financial quarter (Q4). ...

英伟达持仓概念股NEBIUS绩后低开高走，现转涨，此前一度跌超9%。 来源：滚动播报 ...

Key Takeaways Nebius is acquiring Tavily to add agentic search capabilities to its AI cloud platform.Tavily boosts Nebius Token Factory with real-time web access for enterprise AI agents.NBIS Tavily acquisition will aid in tapping the fast-growing agentic AI market.Nebius (NBIS) recently inked an agreement to acquire Tavily, a provider of agentic search capabilities. This marks a strategic step toward strengthening its AI cloud platform by integrating real-time search infrastructure.This buyout will positio ...

Nebius Group ( NBIS ) reported fourth quarter earnings before market open on Thursday, and after getting an initial bump, the stock looks to be heading sideways. The company looks on track to meet itsTo follow me click the "Follow" button! (Easy right?)And check out my Substack for stock analysis made fun and easy :)https://kumquatresearch.substack.com/ Hi there, thanks for coming to my profile page! My name is Kumquat Research (but you can call me Jeremy) and I've been writing for Seeking Alpha on and off ...

Financial Data and Key Metrics Changes - In Q4 2025, the company reported group revenue of $228 million, representing a year-over-year growth of 547% and a quarter-over-quarter growth of 56% [10] - The annualized run rate revenue for the core AI cloud business reached $1.2 billion at the end of December, exceeding the high end of the previous guidance [11] - Group adjusted EBITDA margin improved from 19% in Q3 to 24% in Q4, indicating strong operational leverage [11] Business Line Data and Key Metrics Changes - The core AI cloud business revenue grew 830% year-over-year and 63% quarter-over-quarter, driven by high utilization and strong pricing [11] - The average contract duration for new cloud customers increased by 50%, reflecting growing demand for AI solutions [5][25] Market Data and Key Metrics Changes - The company sold out of capacity in Q3 and Q4 of 2025, with demand continuing to exceed available capacity [4][11] - The company is experiencing robust demand from both AI startups transitioning to enterprise-scale and established enterprises adopting AI for critical business processes [5][24] Company Strategy and Development Direction - The main strategic focus is to scale the core AI cloud business through organic growth and targeted acquisitions, such as the recent acquisition of Tavily [7][66] - The company plans to invest between $16 billion and $20 billion in capital expenditures in 2026 to support its growth and capacity expansion [16][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving an annualized run rate revenue of $7 billion to $9 billion by the end of 2026, supported by strong demand and capacity expansion [8][12] - The company anticipates that the adjusted EBITDA margin will reach approximately 40% in 2026, driven by the scaling of the core AI business [14][64] Other Important Information - The company ended 2025 with $3.7 billion in cash and cash equivalents, providing a strong financial position to fund growth plans [11] - The company is exploring various funding options, including corporate debt and asset-backed financing, to support its capital needs [17][29] Q&A Session Summary Question: What gives you conviction that the demand for AI will continue to justify these investments? - Management noted that there are strong signals from large clients expanding their capacity needs, and AI startups are transitioning to real enterprises with increasing demand for GPUs [21][24] Question: How are you thinking through to meet the expectations for CapEx? - The COO explained that the majority of CapEx will be financed through cash flows from long-term contracts, with a healthy balance sheet allowing for additional financing options [27][29] Question: Can you help us bridge to the contracted power guidance? - The company is accelerating the build-out of capacity and expects to achieve its goals for 2026 through a mix of smaller and larger projects [36][38] Question: What drove the upside in the December 2025 ARR? - The upside was attributed to solid execution, strong pricing, and utilization, with robust demand trends continuing into Q1 2026 [50][51] Question: How is Nebius handling data center equipment shortages? - Management stated that they are well-positioned to manage risks associated with data center construction and have secured necessary components for major contracts [54][56] Question: What is the strategic rationale behind the acquisition of Tavily? - The acquisition is aimed at enhancing the platform's capabilities and deepening customer engagement, aligning with the company's strategy to be a leading AI cloud provider [66]

Nebius Group (NasdaqGS:NBIS) Q4 2025 Earnings call February 12, 2026 08:00 AM ET Company ParticipantsAndrey Korolenko - SVP of InfrastructureArkady Volozh - Founder and CEODado Alonso - CFOMarc Boroditsky - Chief Revenue OfficerNeil Doshi - VPOfir Naveh - COO and Board MemberRoman Chernin - Chief Business OfficerOperatorWelcome to Nebius Group's Q4 2025 Earnings Conference Call. The presentation will be followed by a Q&A session. If you would like to ask a question, you can click the Ask a Question tab in t ...