Nebius (NBIS) Net Cash Flow (2010 - 2026)
Nebius' (NBIS) quarterly Net Cash Flow came in at -$534.7 million in Q2 2026, down 332.68% year-over-year from $229.8 million in Q2 2025, and down 109.05% quarter-over-quarter from $5.9 billion in Q1 2026.
Nebius (NBIS) Net Cash Flow (2010 - 2026) Analysis & Trends
Nebius has disclosed Net Cash Flow across 17 years of filings, most recently posting -$534.7 million for Q2 2026.
- In Q2 2026, Net Cash Flow fell 332.68% year-over-year to -$534.7 million; the TTM figure through Jun 2026 stood at $7.4 billion (up 1425.41% YoY), while the FY2025 annual figure was $1.3 billion, up 5.75% from the prior year.
- Net Cash Flow came in at -$534.7 million for Q2 2026 at Nebius, down from $5.9 billion in the prior quarter.
- In the past five years, Net Cash Flow ranged from a high of $33.0 billion in Q1 2023 to a low of -$53.3 billion in Q2 2023.
- Average Net Cash Flow over 5 years is -$964.5 million, with a median of $169.5 million recorded in 2024.
- Year-over-year, Net Cash Flow sank 2035.69% in 2023 and jumped 7219.1% in 2025.
- Over 5 years, Net Cash Flow stood at -$1.3 billion in 2022, then slumped by 2035.69% to -$28.4 billion in 2023, then soared by 100.6% to $169.5 million in 2024, then slumped by 802.24% to -$1.2 billion in 2025, then soared by 55.08% to -$534.7 million in 2026.
- Per Business Quant data, the three most recent Net Cash Flow figures were -$534.7 million in Q2 2026, $5.9 billion in Q1 2026, and -$1.2 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,717.88 Bn | 3,585.13 Bn | 60.48 Bn | -11.17 Bn |
| 2 | International Business Machines | 219.37 Bn | 208.10 Bn | 9.91 Bn | -3.61 Bn |
| 3 | Cloudflare | 113.46 Bn | 109.29 Bn | 499.52 Mn | 731.52 Mn |
| 4 | Equinix | 102.39 Bn | 100.19 Bn | 1.40 Bn | -404.00 Mn |
| 5 | Nebius | 57.34 Bn | 49.30 Bn | 448.70 Mn | -534.70 Mn |
| 6 | CoreWeave | 47.88 Bn | 42.34 Bn | 1.70 Bn | 3.58 Bn |
| 7 | Verisign | 26.51 Bn | 25.48 Bn | 384.60 Mn | 363.90 Mn |
| 8 | Nutanix | 18.85 Bn | 16.49 Bn | 651.35 Mn | 57.91 Mn |
| 9 | Akamai Technologies | 17.01 Bn | 13.65 Bn | 613.75 Mn | 848.55 Mn |
| 10 | DigitalOcean Holdings | 14.83 Bn | 14.06 Bn | 154.66 Mn | 25.66 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -534.70 Mn |
| Mar 31, 2026 | 5.91 Bn |
| Dec 31, 2025 | -1.19 Bn |
| Sep 30, 2025 | 3.17 Bn |
| Jun 30, 2025 | 229.80 Mn |
| Mar 31, 2025 | -909.60 Mn |
| Dec 31, 2024 | 169.50 Mn |
| Sep 30, 2024 | -44.50 Mn |
| Dec 31, 2023 | -28.35 Bn |
| Sep 30, 2023 | 12.40 Bn |
| Jun 30, 2023 | -53.34 Bn |
| Mar 31, 2023 | 32.99 Bn |
| Dec 31, 2022 | -1.33 Bn |
| Jun 30, 2022 | 14.83 Bn |
| Mar 31, 2022 | 1.53 Bn |
| Dec 31, 2021 | -3.45 Bn |
| Sep 30, 2021 | -4.70 Bn |
| Jun 30, 2021 | -4.37 Bn |
| Mar 31, 2021 | -41.04 Bn |
| Dec 31, 2020 | 44.16 Bn |
Nebius Net Cash Flow 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=net-cash-flow&ticker=NBIS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=NBIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();