Nebius (NBIS) Invested Capital (2017 - 2026)
Nebius' Invested Capital was $18.89 billion in the quarter ended Jun 30, 2026, up 296.6% from $4.76 billion a year earlier and up 20.4% from the prior quarter.
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Analysis
Nebius (NBIS) Invested Capital (2017 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Invested Capital at Nebius came in at $8.72 billion, up 167.6% from the prior year.
- Invested Capital shows a four-year compound annual growth rate of 15.1% (years ended Dec 2021 to Dec 2025).
- In earlier years, Invested Capital was $3.26 billion in the year ended Dec 31, 2024 (-30.9%), $4.72 billion in the year ended Dec 31, 2023 (-18.1%), $5.76 billion in the year ended Dec 31, 2022 (+15.9%) and $4.97 billion in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Invested Capital since the quarter ended Mar 31, 2024.
- Compared with a year earlier, Invested Capital has increased for five straight quarters, with growth averaging 106.2% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was the quarter ended Mar 31, 2026 (growth of 395.4%); the worst was the quarter ended Sep 30, 2024 (a decline of 99.3%).
- Per Business Quant data, NBIS's Invested Capital in the three quarters before the quarter ended Jun 30, 2026 was $15.69 billion (quarter ended Mar 31, 2026), $8.72 billion (quarter ended Dec 31, 2025) and $8.92 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,932.24 Bn | 3,855.40 Bn | 60.48 Bn | 482.68 Bn |
| 2 | International Business Machines | 219.04 Bn | 169.85 Bn | 9.91 Bn | 96.53 Bn |
| 3 | Cloudflare | 104.70 Bn | 88.23 Bn | 499.52 Mn | 2.91 Bn |
| 4 | Equinix | 97.19 Bn | 85.75 Bn | 1.40 Bn | 34.08 Bn |
| 5 | Nebius | 40.23 Bn | 13.66 Bn | 448.70 Mn | 18.89 Bn |
| 6 | CoreWeave | 33.76 Bn | 20.85 Bn | 1.70 Bn | 8.69 Bn |
| 7 | Verisign | 27.46 Bn | 24.67 Bn | 384.60 Mn | 80.30 Mn |
| 8 | Nutanix | 17.98 Bn | 9.67 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 13.83 Bn | 9.41 Bn | 828.20 Mn | 3.78 Bn |
| 10 | Akamai Technologies | 12.69 Bn | 6.10 Bn | 613.75 Mn | 6.45 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.89 Bn |
| Mar 31, 2026 | 15.69 Bn |
| Dec 31, 2025 | 8.72 Bn |
| Sep 30, 2025 | 8.92 Bn |
| Jun 30, 2025 | 4.76 Bn |
| Mar 31, 2025 | 3.17 Bn |
| Dec 31, 2024 | 3.26 Bn |
| Sep 30, 2024 | 2.88 Bn |
| Jun 30, 2024 | 4.34 Bn |
| Mar 31, 2024 | 309.31 Bn |
| Dec 31, 2023 | 4.95 Bn |
| Sep 30, 2023 | 411.35 Bn |
| Jun 30, 2023 | 387.81 Bn |
| Mar 31, 2023 | 415.09 Bn |
| Dec 31, 2022 | 5.26 Bn |
| Sep 30, 2022 | 377.49 Bn |
| Jun 30, 2022 | 331.15 Bn |
| Dec 31, 2021 | 4.84 Bn |
| Dec 31, 2017 | 1.76 Bn |
API Access
Nebius Invested Capital 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=invested-capital&ticker=NBIS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=NBIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();