Nebius Group Reports Explosive Q1 Growth, Secures New 1.2 GW AI Factory, Raises Capacity Guidance
NBIS has more than doubled off its 52-week low of $32.88.
Summary
Nebius Group reported strong Q1 2026 financial results with 684% revenue growth, positive Adjusted EBITDA, and announced a new 1.2 GW AI factory in Pennsylvania, raising its year-end capacity guidance.
Key Events · Earnings and Guidance · NBIS
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Explosive Q1 Financial Performance
Revenue surged 684% year-over-year to $399.0 million, with Adjusted EBITDA turning positive at $129.5 million from a loss of $53.7 million in Q1 2025. Net income from continuing operations was $621.2 million.
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Massive AI Factory Expansion
Secured up to 1.2 GW of power and land for a new AI factory in Pennsylvania, significantly boosting future capacity.
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Raised Capacity Guidance
Increased year-end contracted power guidance to over 4 GW, with owned capacity now representing more than 75% of the total.
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Strong Cash Position & Capital Raise
Ended Q1 with $9.3 billion in cash, driven by $2.3 billion in positive operating cash flow and $6.3 billion raised from convertible notes and a $2 billion NVIDIA equity investment.
Analysis · NBIS · Technology
Nebius Group delivered exceptional Q1 2026 financial results, showcasing massive revenue growth and a significant turnaround to positive Adjusted EBITDA and net income. The company announced a new 1.2 GW AI factory in Pennsylvania and raised its year-end contracted power guidance to over 4 GW, demonstrating aggressive capacity expansion to meet surging AI demand. Strategic acquisitions and a healthy cash position further strengthen its market leadership.
At the time of this filing, NBIS was trading at $200.03 on NASDAQ in the Technology sector, with a market capitalization of approximately $50.3B. The 52-week trading range was $32.88 to $210.00. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.