Nebius reports second quarter financial results and raises ARR guidance for 2025
For the full disclosure announcement, including key financials, please click here (PDF).
For the letter to shareholders from founder and CEO Arkady Volozh, click here (PDF).
- Annualized run-rate revenue(1) (ARR) guidance increased to $900 million to $1.1 billion
for the end of 2025
- Revenue for Q2 of $105.1 million, up 625% year-on-year and 106% quarter-on-quarter
- Core business achieves positive Adjusted EBITDA ahead of plan
- In the process of securing more than 1 GW of power by the end of 2026
Amsterdam, August 7, 2025 – Nebius Group N.V. (NASDAQ: NBIS), a leading AI infrastructure company, today announced its unaudited financial results for the second quarter ended June 30, 2025.
“Nebius is continuing to deliver exceptional results,” said founder and CEO Arkady Volozh. “In Q2 we more than doubled revenue from the previous quarter, and our core business achieved positive Adjusted EBITDA ahead of plan. Because of this strong momentum, we are increasing our annualized run-rate revenue (ARR) outlook for the year to $900 million to $1.1 billion.
“Demand for AI infrastructure — compute, software and services — is only going to get stronger as use cases multiply. We are aggressively scaling up capacity to capture this substantial opportunity and are in the process of securing more than 1 GW of power by the end of 2026.”
Nebius today also published Arkady Volozh’s quarterly letter to shareholders, which can be found on the Company’s investor relations site at group.nebius.com/investor-hub.
(1) Annualized run-rate revenue (ARR) is calculated by taking revenue from the last month of the quarter multiplied by 12.
Webcast information
Nebius Group’s management will hold an earnings webcast on August 7, 2025 at 8:00 AM (EDT) / 5:00 AM (PDT) / 2:00 PM (CET).
To register to participate in the conference call, or to listen to the live audio webcast, please visit Nebius’s Investor Relations website at group.nebius.com/investor-hub.
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