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Checked fact 477013 Nov 2026Money and compute

The letter says Nebius expects 2027 revenue of $12-13 billion, and expects to reach pre-tax breakeven by the end of 2027.

The exact words it rests on

We expect to reach pre-tax breakeven by the end of 2027, on the back of the structural benefits discussed above. We expect revenue of $12-13 billion

What the source said when we opened it, on 13 Nov 2026.

The source

Nebius Group letter to shareholders, Q3 2026
Nebius Group · 2026-11-12

Checked

Checked by the notis newsroom on , against the source above.

In the story

Nebius expects $40-45 billion of capital spending in 2027, according to its letter to shareholders. 13 Nov 2026

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