--- title: "Nebius Group Posts Surging Q1 2026 Revenue but Wider Operating Costs in AI Cloud Push" type: "News" locale: "en" url: "https://longbridge.com/en/news/287052226.md" description: "Nebius Group N.V. reported a significant revenue increase to $399 million in Q1 2026, up from $50.9 million a year prior, driven by its AI cloud platform. However, operating costs rose to $527 million, resulting in a $128 million loss from operations. Analysts rate NBIS stock as a Buy with a $234 price target, though concerns about ongoing losses and high capital expenditures temper the outlook." datetime: "2026-05-20T10:59:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287052226.md) - [en](https://longbridge.com/en/news/287052226.md) - [zh-HK](https://longbridge.com/zh-HK/news/287052226.md) --- # Nebius Group Posts Surging Q1 2026 Revenue but Wider Operating Costs in AI Cloud Push ### Claim 55% Off TipRanks Two ETFs for long or short leverage on NBIS An update from Nebius Group ( (NBIS) ) is now available. Nebius Group N.V. reported operating and financial results for the three months ended March 31, 2025 and 2026, highlighting the rapid expansion of its AI cloud business and related units TripleTen and Avride. The company filed a Form 6‑K with the U.S. Securities and Exchange Commission on May 20, 2026, furnishing an operating and financial review alongside unaudited condensed consolidated financial statements, and incorporated this filing by reference into existing shelf and employee share registration statements. For the first quarter of 2026, Nebius Group’s revenues surged to $399.0 million from $50.9 million a year earlier, driven primarily by its Nebius AI cloud platform and supported by TripleTen’s education services, while Avride remained a minor contributor. Despite this top‑line growth, total operating costs and expenses rose to $527.0 million, leaving the group with a loss from operations of $128.0 million, as it continued heavy investment in data centers, product development, and sales and administrative functions, a trajectory that underscores both the capital‑intensive nature of AI infrastructure and the group’s push for scale in a competitive global AI cloud market. The most recent analyst rating on (NBIS) stock is a Buy with a $234.00 price target. To see the full list of analyst forecasts on Nebius Group stock, see the NBIS Stock Forecast page. **Spark’s Take on NBIS Stock** According to Spark, TipRanks’ AI Analyst, NBIS is a Neutral. The score is held back primarily by mixed financial quality—ongoing operating losses, higher leverage, and deeply negative free cash flow—despite improving revenue/gross profit. Technicals are strong and the earnings call supports the growth narrative with reiterated guidance and expanding margins, but the higher CapEx and financing/timing risks, along with a negative P/E and no dividend support, temper the overall rating. To see Spark’s full report on NBIS stock, click here. **More about Nebius Group** Nebius Group N.V., headquartered in Amsterdam and listed on Nasdaq, operates a global AI cloud platform focused on delivering a unified full‑stack infrastructure for artificial intelligence workloads. Its core Nebius business combines in‑house AI‑optimized hardware and software to provide high‑performance GPU compute clusters, storage, networking and managed services for large‑scale AI training and inference, with a significant presence in Europe, the U.S. and other markets. The group also runs two separate branded businesses: Avride, which develops autonomous driving technology for self‑driving vehicles and delivery robots, and TripleTen, an edtech platform offering online boot camps and project‑based programs to reskill individuals for technology careers. Nebius Group additionally holds significant equity stakes in ClickHouse and Toloka, both previously spun out of the group, while continuing to invest in product development and data‑center infrastructure underpinning its AI cloud operations. **Average Trading Volume:** 17,052,221 **Technical Sentiment Signal:** Buy **Current Market Cap:** $50.29B ### Related Stocks - [NBIS.US](https://longbridge.com/en/quote/NBIS.US.md) - [NBIL.US](https://longbridge.com/en/quote/NBIL.US.md) - [NBIG.US](https://longbridge.com/en/quote/NBIG.US.md) - [NEBX.US](https://longbridge.com/en/quote/NEBX.US.md) - [CLOU.US](https://longbridge.com/en/quote/CLOU.US.md) ## Related News & Research - [Nebius stock spikes after earnings. 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