Nebius Group’s Mushrooming Capex Overshadows Its Hypergrowth

Quick Read Nebius Group (NBIS) Q4 revenue hit 227.7M,surging547227.7M, surging 547% year-over-year on AI cloud demand. Nebius spent 4.1B on capex in 2025 and plans 16Bto16B to 20B for 2026. Nebius projects 2026 revenue of 3Bto3B to 3.4B with EBITDA margins approaching 40%. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. Nebius Group (NASDAQ:NBIS) released its fourth-quarter and full-year 2025 earnings this morning that ...