Nebius Group N.V. (NBIS) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Nebius Group's Q2 2026 earnings conference call. The presentation will be followed by a Q&A session. If you would like to ask a question, you can click on the ask a question tab in the top right of the live stream player, then just type in your question and click submit. You can submit questions at any time during the presentation, and the Nebius management team will try and answer them during the Q&A portion of the call. I will now hand over to Gili Naftalovic, Head of Investor Relations, to start the call. GILI NAFTALOVIC Hi, everyone, and welcome to Nebius' second quarter 2026 earnings conference call. Joining us on the call today, we have our CEO Arkady, our CFO Dado, and the broader Nebius management team. Before we get started, I'll quickly cover the safe harbor. Some of the statements that we make today regarding our business operations and financial performance may be considered forward-looking. Such statements are based on current expectations and assumptions that are subject to a number of risks and uncertainties. Actual results could differ materially. Please refer to our Form 20F for a list of our risk factors. We undertake no obligation to update any forward-looking statements. During this call, we will present both GAAP and non-GAAP financial measures. A reconciliation of non-GAAP to GAAP measures is included in today's earnings press release. All earnings-related documents are distributed and available to the public through our investor relations website, which can be found at nebius.com. And now, I'd like to turn the call over to Arkady. Thanks, Gili, and welcome everyone to our call today. I would like to provide our investors with a better understanding of our business model. We had an excellent quarter. The demand for what we're building...