Q2 2026 AI cloud revenue
Company: Nebius
The claim, verbatim
Nebius AI cloud revenue for Q2 2026 increased 514% year-on-year to $574.9 million, representing 98% of group revenue
Source (primary)
Nebius Stock Forecast | Palantir Sovereign AI Partnership - Capital.com (-, news_article)
View cached copy (2026-09-19)Live source ↗
Quote: “Nebius AI cloud revenue increased 514% to $574.9m, representing 98% of group revenue”
How we checked this
Checked on September 24, 2026. The cited source supports every part of this claim.
The article reports that Q2 AI cloud revenue rose 514% to $574.9m, or 98% of group revenue. The figure appears in the same passage as the year-on-year group comparison.
Confirmed in the source:
- Nebius AI cloud revenue in Q2 2026 increased 514%, reported alongside year-on-year comparisons
- Q2 2026 AI cloud revenue was $574.9 million
- AI cloud revenue represented 98% of group revenue
What we did: Read our cached copy of the publisher (https://capital.com/en-int/analysis/nebius-stock-forecast) in full (16,613 characters, retrieved September 19, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Nebius Stock Forecast | Palantir Sovereign AI Partnership - Capital.com
Quote: “Nebius AI cloud revenue increased 514% to $574.9m, representing 98% of group revenue”