Nebius (NBIS) Capital Expenditures (2010 - 2026)
Nebius' (NBIS) quarterly Capital Expenditures came in at -$2.5 billion in Q1 2026, down 354.66% year-on-year from $971.1 million in Q1 2025, and down 20.28% quarter-over-quarter from -$2.1 billion in Q4 2025.
Nebius (NBIS) Capital Expenditures (2010 - 2026) Analysis & Trends
Nebius has disclosed Capital Expenditures across 17 years of filings, most recently posting -$2.5 billion for Q1 2026.
- Capital Expenditures for Q1 2026 came in at -$2.5 billion, down 354.66% year-over-year; the trailing twelve-month figure through Mar 2026 was -$6.0 billion (up 84.92% YoY), and the FY2025 annual result was $1.1 billion, up 1057600.0% from the prior year.
- Capital Expenditures came in at -$2.5 billion for Q1 2026 at Nebius, down from -$2.1 billion in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of -$172.1 million in Q3 2024 to a low of -$38.6 billion in Q4 2023.
- The 5-year median for Capital Expenditures is -$4.6 billion (2022), against an average of -$9.9 billion.
- Across the five-year window, Capital Expenditures tumbled 482.82% in 2023 and soared 99.36% in 2024, its largest moves.
- Nebius' Capital Expenditures stood at -$20.2 billion in 2022, then sank by 90.69% to -$38.6 billion in 2023, then jumped by 98.92% to -$417.5 million in 2024, then tumbled by 392.46% to -$2.1 billion in 2025, then dropped by 20.28% to -$2.5 billion in 2026.
- The last three Capital Expenditures figures came in at -$2.5 billion (Q1 2026), -$2.1 billion (Q4 2025), and -$955.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | -2.47 Bn |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | 35.67 Bn |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | 16.04 Bn |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | -5.85 Mn |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | 1.09 Mn | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | 16.34 Mn | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | - |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | 20.38 Mn |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | 40.77 Mn |
| 10 | Zillow | 7.56 Bn | 6.78 Bn | 519.00 Mn | 34.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.47 Bn |
| Mar 31, 2026 | -2.47 Bn |
| Dec 31, 2025 | -2.06 Bn |
| Dec 31, 2025 | -2.06 Bn |
| Sep 30, 2025 | -955.50 Mn |
| Sep 30, 2025 | -955.50 Mn |
| Jun 30, 2025 | -510.60 Mn |
| Jun 30, 2025 | -510.60 Mn |
| Mar 31, 2025 | -543.90 Mn |
| Mar 31, 2025 | -543.90 Mn |
| Dec 31, 2024 | -417.50 Mn |
| Dec 31, 2024 | -417.50 Mn |
| Sep 30, 2024 | -172.10 Mn |
| Sep 30, 2024 | -172.10 Mn |
| Dec 31, 2023 | -38.61 Bn |
| Dec 31, 2023 | -38.61 Bn |
| Sep 30, 2023 | -26.86 Bn |
| Sep 30, 2023 | -26.86 Bn |
| Jun 30, 2023 | -18.42 Bn |
| Jun 30, 2023 | -18.42 Bn |