Connected power by end of 2025
Company: Nebius
What the later record shows
Partly delivered · happened December 31, 2025
Nebius reported about 170 MW of active power at December 31, 2025, beating the 100 MW active target. No passage states the year-end connected power figure, so the 220 MW part is unconfirmed.
“We ended the year with ~170 MW of active power, significantly exceeding our 100 MW target.”
2026-02-11 · nebius 8-K exhibit (tm266173d1_ex99-2.htm) View cached copy (2026-09-13)Live source ↗
“As of December 31, 2025, we had approximately 170 MW of active power capacity across the globe”
2026-04-29 · Nebius 20-F filed 2026-04-30 View cached copy (2026-08-31)Live source ↗
Checked November 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
On track for 220 MW of connected power and 100 MW of active power by end of 2025
Source (primary)
nebius 8-K exhibit (tm2530882d1_ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-26)Live source ↗
Quote: “We are on track for 220 MW of connected power and 100 MW of active power by the end of 2025”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The Q3 2025 shareholder letter states directly that Nebius is on track for 220 MW of connected power and 100 MW of active power by the end of 2025.
Confirmed in the source:
- Nebius stated it is on track for 220 MW of connected power by the end of 2025
- Nebius stated it is on track for 100 MW of active power by the end of 2025
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465925109806/tm2530882d1_ex99-2.htm) in full (39,078 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (tm2530882d1_ex99-2.htm)
Quote: “We are on track for 220 MW of connected power and 100 MW of active power by the end of 2025”