Nebius
GPU cloud for AI training and inference.
Overview
Nebius Group took its current form in 2024 and is based in Amsterdam. Its main business is an AI cloud that rents GPU capacity.
The group reported $582.3 million in revenue for the second quarter of 2026, up 454% from $105.1 million a year earlier. The group figure includes two smaller businesses, Avride and TripleTen, so it is slightly wider than the cloud alone. Third-quarter results were not available for this edition.
Reported figures
| Rank on this site | 8 of 10 |
|---|---|
| Cloud revenue, latest quarter | $582.3 million StorageNewsletter |
| Growth from a year earlier | +454% StorageNewsletter |
| Quarter | Q2 2026 |
| Reported line used | Group revenue |
| Revenue, same quarter of 2025 | $105.1 million StorageNewsletter |
| Parent company | Nebius Group N.V. |
| Stock listing | NASDAQ: NBIS |
| Current form since | 2024 |
Where it sits in the ranking
Nebius is number 8 of 10 in the ranking by cloud revenue. Includes the Avride and TripleTen businesses. The company above it is Cloudflare with $782.5 million. The company below it is DigitalOcean with $321 million.
What it sells
- GPU clusters for training and inference
- Managed AI platform services
Official site: nebius.com. Background: Wikipedia.
Sources
- StorageNewsletter. Nebius: Fiscal 2Q26 Financial Results. August 20, 2026.