Operations¹
Q1 2026
Q1 Revenue
↑ 683.89% YoY
$399M
Divisions
Nebius AI cloud
96.9%
Avride
0.2%
TripleTen
2.9%
Key Earnings Driver
Nebius AI Cloud Nebius AI cloud revenue increased 841% to $389.7M. Management attributed group revenue growth to capacity scaling, supported by pricing and utilization.
Key Operating Metrics²
METRIC
STATUS
Nebius AI Cloud↑ 841%
🟢 Scaling
Key Financial Metrics
Gross Margin
74.00%
+23 pp YoY
Backlog / Revenue
N/A
CapEx Intensity
619.77%
6.19x Revenue
Operations¹: Total revenue is after inter-segment elimination. Division revenue percentages are before inter-segment elimination.
Key Operating Metrics²: Core operating metrics relevant to revenue, sourced from Nebius Group website and/or SEC filings for Q1, with status based on reported data.