Nebius Q2 Financial Results Highlight Significant Growth and Expanded 2025 ARR Guidance

Nebius Group N.V., an AI infrastructure leader, has unveiled its Q2 financial results, showcasing a notable revenue increase to $105.1 million. This represents a 625% rise year-on-year and 106% quarter-on-quarter. The firm has adjusted its annualized run-rate revenue (ARR) guidance for 2025 to a range between $900 million and $1.1 billion.

CEO Arkady Volozh credits the company's robust growth to the soaring demand for AI infrastructure, emphasizing Nebius's rapid scaling to meet burgeoning opportunities. The business hit a positive Adjusted EBITDA earlier than expected and is working on securing over 1 GW of power by 2026.

Nebius’s consolidated financial results include units like Avride and TripleTen. However, results for Toloka, previously a majority-held subsidiary, have been reclassified due to new investment arrangements.