Nebius capex, CY2025 Q2

Nebius reported $511M of capex for CY2025 Q2, the quarter covering April to June 2025.

Nebius provides GPU cloud infrastructure and software for AI training and inference. The figures are consolidated cash purchases, including intangible assets, rather than a pure datacenter-construction measure.

Capex, CY2025 Q2$511M

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Verified 11 Nov 2026

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Source per value

Reported quarter: CY2025 Q2 1
Calendar quarter: 2025 Q2 1
Quarter end: 2025-06-30 1
Capex (USD million): 510.6 1
“(510.6)”
Capex definition: Consolidated cash purchases of property and equipment and intangible assets; comparative periods use the presentation in the cited release. 1

Sources

Nebius results release: Nebius CY2025 Q2 accessed 2026-11-11

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