Nebius cash balance and net debt
Company: Nebius
The claim, verbatim
Nebius held a cash balance of around $8 billion, bringing net debt to about $0.5 billion, or 0.2x annualized revenue, as of June 30, 2026.
Source (primary)
Nebius Vs CoreWeave: Which AI Stock Has the Upper Hand? - I/O Fund (-, news_article)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “With a cash balance of around $8 billion, Nebius has brought its net debt down to 0.2x of annualized revenue”
How we checked this
Checked on October 8, 2026. The cited source supports every part of this claim.
The article states the roughly $8 billion cash balance and 0.2x ratio, and its chart caption gives net debt of about $0.5 billion as of June 30, 2026.
Confirmed in the source:
- Nebius had a cash balance of around $8 billion
- Nebius's net debt was approximately $0.5 billion
- Nebius's net debt was 0.2x annualized revenue
- These figures are as of June 30, 2026
What we did: Read our cached copy of the publisher (https://io-fund.com/ai-stocks/nebius-vs-coreweave-ai-stock) in full (16,847 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Nebius Vs CoreWeave: Which AI Stock Has the Upper Hand? - I/O Fund
Quote: “With a cash balance of around $8 billion, Nebius has brought its net debt down to 0.2x of annualized revenue”