Q2 adjusted EBITDA margin
Company: Nebius
The claim, verbatim
AI cloud business generated 50% adjusted EBITDA margin in Q2
Source (primary)
Palo Alto Networks’ CEO Says Nebius Is in a Different League. Is This ‘Neoscaler’ a Buy? - AOL.com (-, news_article)
View cached copy (2026-09-03)Live source ↗Archive.org ↗
Quote: “AI cloud business generated a 50% adjusted EBITDA margin in the quarter”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The article cites the second-quarter shareholder letter, which says the AI cloud business generated a 50% adjusted EBITDA margin in the quarter.
Confirmed in the source:
- Nebius's AI cloud business generated a 50% adjusted EBITDA margin
- The margin was for the second quarter
What we did: Read our cached copy of the publisher (https://www.aol.com/articles/palo-alto-networks-ceo-says-134729000.html) in full (8,737 characters, retrieved September 3, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Palo Alto Networks’ CEO Says Nebius Is in a Different League. Is This ‘Neoscaler’ a Buy? - AOL.com
Quote: “AI cloud business generated a 50% adjusted EBITDA margin in the quarter”