Nebius Group N.V. (NBIS) Earnings Call Transcripts
Nebius Group N.V.'s Latest Earnings Call - June 3, 2026
In the second quarter of fiscal year 2026, Nebius Group N.V. reported a significant increase in revenue driven by its diversified customer portfolio and the growing demand for AI infrastructure. The company achieved revenue of $150 million, up 25% year-over-year, exceeding analyst expectations of $140 million. Management highlighted a shift towards recurring revenue from inference workloads, which is expected to enhance margins and drive future growth. No changes were made to the guidance, which remains at $600 million for the full fiscal year.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $150 million (beat) |
| Full Year Revenue Guidance | $600 million (inline) |
| Customer Growth | 100+ new customers (positive) |
| Gross Margin | 40% (positive) |
| Inference Workload Growth | 50% increase (positive) |
| Data Center Capacity | 20% increase (positive) |
Guidance from management
Management maintained full-year revenue guidance at $600 million, indicating confidence in continued growth driven by inference workloads and customer diversification.
What analysts pressed on
Analysts expressed concerns regarding the competitive landscape and the sustainability of growth rates in a rapidly evolving market. Questions were raised about how Nebius plans to maintain its pricing power amid increasing competition from hyperscalers.
Main topics on the call
- Revenue Growth Acceleration — Nebius reported a revenue of $150 million for Q2 2026, a 25% increase year-over-year, surpassing the $140 million estimate. Management stated, 'the demand is there,' indicating strong market conditions.
- Shift to Inference Workloads — Management emphasized the transition from training to inference workloads, stating, 'inference is the fastest or fast-growing segment.' This shift is expected to provide more flexibility and recurring revenue streams.
- Acquisitions to Enhance Capabilities — Nebius recently acquired Eigen and Clarifai to bolster its inference optimization capabilities. Chernin noted, 'these teams will just improve the product and economics and accelerate the growth for us.'
- Diversified Customer Portfolio — Management highlighted a strategy focused on a diversified customer base, stating, 'our long-term business is in a diversified portfolio of the customers.' This approach aims to balance revenue from hyperscalers and ente...
Read the full Nebius Group N.V. transcript (June 3, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Nebius Group N.V.
Nebius Group N.V. (NBIS) is a publicly listed company in the Software industry, within the Information Technology sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 25 calls on record spanning February 14, 2020 to June 3, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 25 Nebius Group N.V. earnings call transcripts on record, spanning February 14, 2020 to June 3, 2026. Based on this history, Nebius Group N.V. reports quarterly. The most recent call on file is dated June 3, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- NBIS
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Information Technology
- Industry
- Software
- Calls on record
- 25
- First call
- February 14, 2020
- Most recent
- June 3, 2026
- Reporting cadence
- quarterly