# Nebius falls 16% as company expects increased 2026 capex spend, issues weak outlook

- Source: CNBC · Technology
- Published: 2026-11-12T13:06:08.000Z
- Bad Influence: https://badinfluence.news/items/r3iwfzvkn6p7jbhrxf9u7055l
- Original: https://www.cnbc.com/2026/11/12/nebius-q3-earnings-report-2026.html

## Summary

Nebius reported third-quarter revenue of $980.8 million, above the $907.5 million LSEG consensus, but posted a loss of 13 cents per share. The company expects 2026 capital expenditures of $27 billion, above its previous $20 billion to $25 billion guidance, and expects 2026 revenue at the low end of its $3 billion to $3.4 billion range.