Nebius (NBIS) Depreciation and Depletion (2015 - 2026)
Nebius (NBIS) reported Depreciation and Depletion of $253.8 million for the quarter ended Jun 30, 2026, up 249.6% from $72.6 million a year earlier and up 21.6% from the prior quarter.
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Analysis
Nebius (NBIS) Depreciation and Depletion (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Nebius' Depreciation and Depletion came in at $738.5 million, up 317.7% year-over-year; for the year ended Dec 31, 2025, it was $411 million, up 446.5% from the prior year.
- Depreciation and Depletion has increased for three consecutive years, with a five-year compound annual growth rate of 16.3% (years ended Dec 2020 to Dec 2025).
- By year, Depreciation and Depletion came in at $75.2 million in the year ended Dec 31, 2024 (+169.5%), $27.9 million in the year ended Dec 31, 2023 (+3.7%), $26.9 million in the year ended Dec 31, 2022 (-89.2%) and $250.06 million in the year ended Dec 31, 2021 (+29.6%).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Depreciation and Depletion since the quarter ended Dec 31, 2023.
- Year over year, Depreciation and Depletion has now increased in each of the last four quarters, with growth averaging 192.0% over the last six quarters.
- The high point for year-over-year Depreciation and Depletion in five years was the quarter ended Dec 31, 2025 (growth of 445.1%); the low point was the quarter ended Sep 30, 2024 (a decline of 99.7%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $208.8 million (quarter ended Mar 31, 2026), $177.7 million (quarter ended Dec 31, 2025) and $98.2 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,932.24 Bn | 3,855.40 Bn | 60.48 Bn | 10.30 Bn |
| 2 | International Business Machines | 219.04 Bn | 169.85 Bn | 9.91 Bn | 533.00 Mn |
| 3 | Cloudflare | 104.70 Bn | 88.23 Bn | 499.52 Mn | 51.50 Mn |
| 4 | Equinix | 97.19 Bn | 85.75 Bn | 1.40 Bn | - |
| 5 | Nebius | 40.23 Bn | 13.66 Bn | 448.70 Mn | 253.80 Mn |
| 6 | CoreWeave | 33.76 Bn | 20.85 Bn | 1.70 Bn | 1.40 Bn |
| 7 | Verisign | 27.46 Bn | 24.67 Bn | 384.60 Mn | - |
| 8 | Nutanix | 17.98 Bn | 9.67 Bn | 651.35 Mn | 16.30 Mn |
| 9 | GoDaddy | 13.83 Bn | 9.41 Bn | 828.20 Mn | - |
| 10 | Akamai Technologies | 12.69 Bn | 6.10 Bn | 613.75 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 253.80 Mn |
| Mar 31, 2026 | 208.80 Mn |
| Dec 31, 2025 | 177.70 Mn |
| Sep 30, 2025 | 98.20 Mn |
| Jun 30, 2025 | 72.60 Mn |
| Mar 31, 2025 | 48.60 Mn |
| Dec 31, 2024 | 32.60 Mn |
| Sep 30, 2024 | 23.00 Mn |
| Dec 31, 2023 | 8.44 Bn |
| Sep 30, 2023 | 8.07 Bn |
| Jun 30, 2023 | 6.74 Bn |
| Mar 31, 2023 | 6.18 Bn |
| Dec 31, 2022 | 5.96 Bn |
| Sep 30, 2022 | 5.63 Bn |
| Jun 30, 2022 | 5.86 Bn |
| Mar 31, 2022 | 5.79 Bn |
| Dec 31, 2021 | 5.44 Bn |
| Sep 30, 2021 | 4.70 Bn |
| Jun 30, 2021 | 4.24 Bn |
| Mar 31, 2021 | 3.78 Bn |
API Access
Nebius Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=NBIS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "NBIS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=NBIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();