jain.com

Q4 2024 capex to exceed 9M 2024 capex

Company: Nebius

Subject kind
guidance
Statement date
2024-10-30
Promised by
2024-12-31
Promised amount
387600000.0 USD
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

The passages give 9M 2024 capex ($390.0M) but no Q4 2024 or full-year 2024 capex figure, so whether Q4 exceeded 9M cannot be checked.

“Capital expenditures (390.0 ) (2,010.0 ) Capital expenditures relate primarily to our investments in GPUs and data center hardware.”
2025-11-12 · nebius 8-K exhibit (tm2531034d1_ex99-1.htm) View cached copy (2026-09-26)Live source ↗

Checked October 25, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Nebius expects Q4 2024 capital expenditures to exceed the USD 387.6 million spent in the first nine months of 2024, as it accelerates GPU procurement and data center capacity expansion.

Source (primary)

nebius 8-K exhibit (tm2427209d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-25)Live source ↗

Quote: “We anticipate capital expenditures in Q4 2024 to exceed the amount spent in the first nine months of 2024 as we plan to accelerate investments in GPU procurement and data center capacity expansion”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms nebius 8-K exhibit (tm2427209d1_ex99-1.htm)

Quote: “We anticipate capital expenditures in Q4 2024 to exceed the amount spent in the first nine months of 2024 as we plan to accelerate investments in GPU procurement and data center capacity expansion”

View cached copy (2026-10-25)Live source ↗

Record of changes

October 25, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 25, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.