Nebius (NBIS) EV to EBITDA (2024 - 2026)
Nebius' (NBIS) quarterly EV to EBITDA came in at 351.53 in Q2 2026, up 30.32% year-over-year from 269.75 in Q2 2025, and down 368.48% quarter-over-quarter from 130.93 in Q1 2026.
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Nebius (NBIS) EV to EBITDA (2024 - 2026) Analysis & Trends
Nebius has disclosed EV to EBITDA across 3 years of filings, most recently posting 351.53 for Q2 2026.
- In Q2 2026, EV to EBITDA rose 30.32% year-over-year to 351.53; the TTM figure through Jun 2026 stood at 1689.47 (down 2842.31% YoY), while the FY2025 annual figure was 258.05, down 1989.57% from the prior year.
- EV to EBITDA came in at 351.53 for Q2 2026 at Nebius, down from 130.93 in the prior quarter.
- In the past five years, EV to EBITDA ranged from a high of 1116.5 in Q4 2025 to a low of 4167.93 in Q3 2025.
- Average EV to EBITDA over 3 years is 552.47, with a median of 47.05 recorded in 2025.
- Year-over-year, EV to EBITDA jumped 2652.86% in 2025 and surged 30.32% in 2026.
- Over 3 years, EV to EBITDA stood at 43.74 in 2024, then surged by 2652.86% to 1116.5 in 2025, then slumped by 131.49% to 351.53 in 2026.
- Per Business Quant data, the three most recent EV to EBITDA figures were 351.53 in Q2 2026, 130.93 in Q1 2026, and 1116.5 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,667.18 Bn | 3,534.43 Bn | 60.48 Bn |
| 2 | International Business Machines | 219.09 Bn | 207.74 Bn | 9.91 Bn |
| 3 | Nebius | 58.78 Bn | 50.74 Bn | 448.70 Mn |
| 4 | CoreWeave | 55.00 Bn | 49.46 Bn | 1.70 Bn |
| 5 | Nutanix | 17.90 Bn | 15.89 Bn | 610.79 Mn |
| 6 | DigitalOcean Holdings | 13.16 Bn | 12.39 Bn | 154.66 Mn |
| 7 | Kingsoft Cloud Holdings | 2.84 Bn | 2.15 Bn | 68.71 Mn |
| 8 | Tuya | 1.14 Bn | 160.97 Mn | 43.05 Mn |
| 9 | SharonAI Holdings | 1.07 Bn | -787.99 Mn | 1.17 Mn |
| 10 | Backblaze | 791.99 Mn | 740.61 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -351.53 |
| Mar 31, 2026 | 130.93 |
| Dec 31, 2025 | 1,116.50 |
| Sep 30, 2025 | -4,167.93 |
| Jun 30, 2025 | -504.47 |
| Mar 31, 2025 | -47.05 |
| Dec 31, 2024 | -43.74 |