Nebius Group N.V. released its first-quarter 2026 financial results before the market opened on April 29, 2026. Analysts forecast a quarterly loss of $0.81 per share. Revenue for the period was expected to reach $375.13 million.
The AI infrastructure provider recently secured major contracts with Meta and Microsoft. These agreements follow a significant surge in the company's stock price and market valuation.
Nebius Group projects capital expenditure between $16 billion and $20 billion for 2026. Investors are now scrutinizing the company's path to profitability amidst this aggressive expansion.