Overview
- The five-year agreement to supply AI infrastructure is Nebius' second hyperscaler contract following September's deal with Microsoft.
- Third-quarter revenue rose to $146.1 million as the company sold out available capacity, while net income loss widened to nearly $120 million.
- Nebius said the Meta contract was capped by current resources and confirmed deployment of the required capacity over the next three months.
- Capital expenditures jumped to $955.5 million in the September quarter to secure Nvidia GPUs, land and power for growth.
- The company launched an at-the-market program for up to 25 million Class A shares and is guiding to $7–9 billion in ARR and roughly 2.5 GW of contracted power by end-2026.