Nebius Reports Q3 Results, Narrows 2026 Revenue Guidance
Nebius said Q3 2026 results surpassed market estimates. Shares fell 17% as management narrowed its 2026 revenue outlook, citing delays bringing data center capacity online and higher capital expenditure forecasts.
Nebius Group released its Q3 2026 financial results, which surpassed market estimates. Despite the earnings beat, the company's shares declined by 17% as management narrowed its 2026 revenue outlook. This adjustment was attributed to delays in bringing new data center capacity online and increased capital expenditure forecasts. Investors have expressed concerns regarding the company's future financing requirements in light of these capacity expansion plans.