Markets· August 16, 2026 at 04:27 p.m.
Nebius' Contracted Power Guidance Surges, Anticipating 5 Gigawatts by End of Year
Key takeaways
- Nebius anticipates reaching 5 gigawatts of contracted power by the end of 2026
- Meta Platforms has entered a $27 billion cloud compute deal with Nebius
- Nebius' latest Meta Platforms deal will provide over $5 billion in annual recurring revenue
As Nebius continues to borrow money for data center construction, its negative operating income necessitates ongoing funding. However, the company's latest Meta Platforms deal alone will generate over $5 billion in annual recurring revenue once set up, surpassing its current $3 billion. Nebius expects to have up to $9 billion in annual recurring revenue by year-end.
