Q2 2026 cloud business revenue growth
Company: Nebius
The claim, verbatim
Cloud business revenue grew 514% year over year in the second quarter of 2026
Source (primary)
Nebius Group (NBIS) Just Posted 514% Revenue Growth. Can CoreWeave (CRWV)’s Numbers Compete? - Yahoo Finance (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “cloud business revenue jumped 514% year over year in the second quarter”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The article states that Nebius Group's cloud business revenue jumped 514% year over year in the second quarter, in results reported on August 12, 2026.
Confirmed in the source:
- Nebius Group's cloud business revenue grew 514% year over year
- The 514% growth was for the second quarter of 2026, as reported on August 12, 2026
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/nebius-group-nbis-just-posted-174505539.html) in full (10,763 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Nebius Group (NBIS) Just Posted 514% Revenue Growth. Can CoreWeave (CRWV)’s Numbers Compete? - Yahoo Finance
Quote: “cloud business revenue jumped 514% year over year in the second quarter”
confirms Nebius Stock Spikes 4% on Higher Computer Prices. How to Play NBIS Stock Here. - Yahoo Finance
Quote: “The core Nebius AI cloud business grew even faster, with revenue up 514% year-over-year (YOY) to $574.9 million, with annualized run-rate revenue (ARR) reaching $3 billion”