PANews|Nov 12, 2026 12:30
[Nebius' Q3 Revenue Surges 571% to $981 Million] According to CLS News Agency, Nebius Group announced its Q3 2026 results, with revenue of $980.8 million, a 571% year-over-year increase; revenue for the first three quarters reached $1.9621 billion, a 549% year-over-year increase. Q3 revenue exceeded market expectations of $907.5 million, by approximately 8.1%. Adjusted EBITDA was $465.8 million, compared to a loss of $5.2 million in the same period last year; adjusted net income was $90.9 million, compared to a loss of $100.4 million in the same period last year. Under U.S. Generally Accepted Accounting Principles (GAAP), the company reported a net loss from continuing operations of $37.5 million in Q3, or a diluted loss per share of $0.13.
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