Nebius $NBIS Beats the Estimates in Q3 2026 Earnings.
Revenue: $980.8M vs. $907.5M expected, up 571.3% YoY ✅
Adj. EPS: $0.30 vs. -$0.69 expected ✅
Management issued FY2027 revenue guidance of $12.0–$13.0 billion, topping Wall Street consensus ($11.98B) and representing roughly a 4x jump over full-year 2026 expectations ($3.0–$3.4B).
Entering Q3, Nebius already held over $37.5 billion in remaining performance obligations (RPO) and $40B+ in long-term customer commitments (anchored by hyperscaler deals such as Meta and Microsoft alongside enterprise contracts like Cohere and Reflection). The FY27 outlook confirms that contracted megawatts are translating directly into near-term recognized billings.
While Q3 capex accelerated to $7.30 billion (bringing 9M capex to $15.4B as Nebius races toward its 800 MW–1 GW year-end connected power target), nine-month operating cash flow stood at $4.23 billion. Customer prepayments (guided at >$9B for 2026) combined with low-cost convertible notes and asset-backed facilities allow Nebius to fund GPU/data center expansion without relying purely on punitive high-yield debt.
Bullish for $NBIS 📈
#EarningsSeason
Revenue: $980.8M vs. $907.5M expected, up 571.3% YoY ✅
Adj. EPS: $0.30 vs. -$0.69 expected ✅
Management issued FY2027 revenue guidance of $12.0–$13.0 billion, topping Wall Street consensus ($11.98B) and representing roughly a 4x jump over full-year 2026 expectations ($3.0–$3.4B).
Entering Q3, Nebius already held over $37.5 billion in remaining performance obligations (RPO) and $40B+ in long-term customer commitments (anchored by hyperscaler deals such as Meta and Microsoft alongside enterprise contracts like Cohere and Reflection). The FY27 outlook confirms that contracted megawatts are translating directly into near-term recognized billings.
While Q3 capex accelerated to $7.30 billion (bringing 9M capex to $15.4B as Nebius races toward its 800 MW–1 GW year-end connected power target), nine-month operating cash flow stood at $4.23 billion. Customer prepayments (guided at >$9B for 2026) combined with low-cost convertible notes and asset-backed facilities allow Nebius to fund GPU/data center expansion without relying purely on punitive high-yield debt.
Bullish for $NBIS 📈
#EarningsSeason
