2025 capex ~$2.0bn
Company: Nebius
What the later record shows
Outcome not yet confirmed
Only quarterly capex figures are given ($510.6m in Q2 and $955.5m in Q3). No passage gives full-year 2025 capex to compare with the ~$2.0bn guidance.
“In Q2, our capital expenditures were $510.6 million, primarily driven by purchases of GPUs and GPU-related hardware”
2025-08-06 · nebius 8-K exhibit (tm2522866d1_ex99-2.htm) View cached copy (2026-10-08)Live source ↗
“In Q3 2025, our capital expenditures were $955.5 million, primarily driven by purchases of GPUs and GPU-related hardware”
2025-11-11 · nebius 8-K exhibit (tm2530882d1_ex99-2.htm) View cached copy (2026-09-26)Live source ↗
Checked October 14, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Nebius guides 2025 capitalized expenditures of around $2.0bn.
Source (primary)
nebius 8-K exhibit (tm2515580d1_ex99-3.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-14)Live source ↗
Quote: “Capitalized expenditures Around $2.0bn”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The 2025 guidance slide lists capitalized expenditures of around $2.0bn.
Confirmed in the source:
- Nebius guides 2025 capitalized expenditures of around $2.0bn
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465925050975/tm2515580d1_ex99-3.htm) in full (12,863 characters, retrieved October 14, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (tm2515580d1_ex99-3.htm)
Quote: “Capitalized expenditures Around $2.0bn”