Earnings call briefSecond-quarter 2026
Nebius Group raises its year-end contracted power target to 5 gigawatts
Nebius Group also said it expects more than $9 billion of upfront customer prepayments in 2026.
GetSignal Nebius Group NBIS
Nebius Group said on its second-quarter call that it raised its year-end contracted power target to 5 gigawatts and plans to build more than 1 gigawatt of new capacity in 2027.
Nebius Group said that deals closed in the second quarter at more than $20 million per megawatt are expected to start coming online from late in the fourth quarter and could serve as the baseline for pricing early next year.
Quotes from the call
“We expect more than $9 billion of upfront customer prepayments in 2026.”
Key facts from the call
- Year-end contracted power target
- 5 gigawatts
- Expected 2026 upfront customer prepayments
- more than $9 billion
Source: Nebius Group's second-quarter 2026 earnings call, August 12, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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