2025 ARR target $500m-$1bn
Company: Nebius
What the later record shows
Outcome not yet confirmed
No passage reports Nebius's annualized run-rate revenue at the end of 2025. A May 2025 deck only raised the forecast to $750m-1bn, and the ARR figures that were reported ($1.9bn in March 2026, $3.0bn in June 2026) are for 2026.
“Dec-2024 Mar-2025 Apr-2025 Dec-2025E ~$90m ~$250m ~$310m $750m-1bn”
2025-05-19 · nebius 8-K exhibit (tm2515580d1_ex99-3.htm) View cached copy (2026-10-14)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 targets 2025 annual recurring revenue of $500 million to $1 billion, depending on how much capital is available for its investment program.
Source (primary)
nebius 8-K exhibit (tm2426436d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-25)Live source ↗
Quote: “2025 ARR $500 - 1,000m 2 ... (2) Depending on the amount of capital available to cover the company's investment program”
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 (tm2426436d1_ex99-1.htm)
Quote: “2025 ARR $500 - 1,000m 2 ... (2) Depending on the amount of capital available to cover the company's investment program”