Nebius falls after Q4 revenue miss; plans new data center in France

businessinsider
2026.02.12 15:02

Shares of Nebius (NBIS) fell about 3% after missing Q4 revenue estimates, reporting $227.7M against a consensus of $242.79M. The adjusted net loss widened to -$173M from -$69M year-over-year. Despite this, Nebius ended 2025 with an ARR of $1.25B, exceeding guidance. The company plans a new 240 MW data center in France and aims for 800 MW to 1 GW of connected power by 2026. CEO Arkady Volozh emphasized strategic focus on scaling capacity and advancing their AI Cloud platform.

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