Key Highlights
- Nebius reports 355% year-over-year revenue growth, reaching $146 million in Q3 2025.
- Signs a five-year, $3 billion Nebius Meta deal to supply AI infrastructure.
- Projects annualized revenue of $7 billion to $9 billion by end of 2026, driven by AI cloud demand.
Amsterdam-based Nebius Group NV reported an extraordinary 355% year-over-year jump in revenues, recording $146 million in Q3 2025, as enterprise demand for AI cloud infrastructure continues to accelerate.
The company said the quarter validates its strategy to build specialized compute environments for large-scale model training and inference, positioning Nebius at the forefront of the evolving AI Industry.
Central to the update was confirmation of a five-year, approximately $3 billion Nebius Meta deal, which will see Nebius provide dedicated AI infrastructure to Meta Platforms Inc. In September, Nebius struck a deal to provide Microsoft Corp. with dedicated AI computing capacity worth at least $17.4 billion.
Aggressive Growth Plan Backed by Strategic Financing
CEO and co-founder Arkady Volozh projected an annualized revenue run rate of $7–9 billion by the end of 2026.
Nebius plans “aggressive growth” next year, funded by corporate debt, asset-backed financing and equity, Volozh wrote. “We believe we will be able to secure asset-backed debt on attractive terms, supported by the creditworthiness of our largest customers,” he said. “We will maintain a disciplined capital structure.”
The company sold out all of the cloud capacity it had available in the third quarter and has nearly sold out the current quarter, according to Boroditsky.
“The demand environment is not just strong, it appears to be accelerating,” Boroditsky said.
Nebius Stock and Market Position
The Nebius Meta deal marks another milestone in Nebius’ strategy to become a preferred neocloud partner for organizations building advanced AI models.
Despite a modest share price pullback of 1.7% to $108.10 in New York trading, Nebius stock remains up roughly 300% year-to-date, reflecting investor enthusiasm about the company’s role in powering the next wave of AI innovation.
Market observers note Nebius’ twin deals with Microsoft and Meta highlight a broader shift in the artificial intelligence industry toward specialized cloud environments optimized for compute-heavy model development.
With a fast-expanding client base and multi-billion-dollar deals, Nebius Group NV is positioning itself at the forefront of AI-driven cloud transformation. Its strategic alliances with Meta and Microsoft could make it one of the defining neocloud providers shaping the future of AI infrastructure.