Nebius Reports Strong Q4 Earnings Amid Revenue Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 12 2026
0mins
Should l Buy NBIS?
Source: stocktwits
- Significant Revenue Growth: Nebius reported Q4 revenue of $227.7 million, a remarkable 547% year-on-year increase, although it fell short of analysts' expectations of $242.79 million, highlighting both challenges and opportunities in the company's rapid expansion.
- Improved Cost Control: The cost of revenue rose to $68.5 million in Q4 from $21.1 million a year ago, yet the cost as a percentage of revenue decreased from 60% to 30%, indicating substantial progress in operational efficiency.
- Profitability Recovery: The company achieved positive adjusted EBITDA of $15 million in Q4, a significant turnaround from a $63.9 million loss a year earlier, driven by strong performance in its core AI cloud segment.
- Market Sentiment Shift: Despite Nebius's stock trading over 5% lower post-earnings announcement, retail sentiment on Stocktwits shifted to 'extremely bullish', with message volume surging 80% in 24 hours, reflecting investor confidence in the company's long-term prospects.
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Analyst Views on NBIS
Wall Street analysts forecast NBIS stock price to rise
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 103.760
Low
130.00
Averages
164.20
High
211.00
Current: 103.760
Low
130.00
Averages
164.20
High
211.00
About NBIS
Nebius Group NV is a Netherlands-based infrastructure company operating in the technology industry. The Company is engaged in developing a portfolio of artificial intelligence-related technology assets. It is involved in creating an artificial intelligence-centric player to integrate the essential elements of artificial intelligence development with infrastructure, data and advisory globally. It offers products and services such as a cloud platform for artificial intelligence-related workloads, development team services for autonomous vehicles, development of generative artificial intelligence. Nebius builds full-stack infrastructure to service the growth of the global AI industry, including GPU clusters, cloud platforms and tools and services for developers. Company is developing three other businesses that operate under their own brands: Toloka AI, TripleTen and Avride.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Economic and Employment Impact: The construction phase is expected to create up to 700 skilled construction jobs and provide around 100 permanent positions once operational, along with hundreds of indirect employment opportunities for operations and maintenance, driving economic development in the South Karelia region.
- Sustainable Design Principles: The new factory will utilize a closed-loop liquid cooling system to minimize water consumption and plans to recover excess server heat for the local district heating network, projected to avoid approximately 4,000 tonnes of CO₂e emissions by 2025, reflecting Nebius's commitment to sustainability.
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- Strong ETF Performance: The iShares Semiconductor ETF (SOXX) gained 3.1%, marking its largest increase in a month and a half, reflecting heightened investor confidence in the semiconductor sector, particularly driven by investments in AI.
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See More
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- Significant Revenue Growth: Micron Technology reported $23.9 billion in revenue for Q2 of fiscal 2026, marking a 196% increase, primarily driven by the strong demand for high-bandwidth memory (HBM), solidifying its leadership in the AI applications market.
- Optimistic Market Outlook: Despite the cyclical nature of the memory industry, analysts forecast a 191% revenue growth for Micron in the current fiscal year, indicating strong growth potential and positioning it as one of the best-performing stocks of 2026.
- CoreWeave's Strong Performance: CoreWeave's AI-native cloud platform generated nearly $1.6 billion in revenue in Q4, a 110% increase, but faces challenges with a backlog of $67 billion and over $21 billion in debt, although a 143% revenue growth is expected in the upcoming fiscal year.
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See More
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- Consumer Confidence Boost: The US March consumer confidence index unexpectedly increased by 0.8 to 91.8, surpassing the anticipated decline to 87.9, indicating a strengthening consumer outlook that may drive spending and economic growth.
- Strength in China: China's March manufacturing PMI rose to 50.4, better than the expected 50.1, signaling signs of economic recovery that could positively impact global growth prospects and further support US stock performance.
- Falling Bond Yields: The 10-year Treasury note yield dropped to 4.28%, a one-week low, reflecting reduced inflation worries, which may provide support for the stock market and enhance investor interest in equities.
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