Nebius (NBIS) Operating Expenses (2010 - 2026)

Nebius (NBIS) has 17 years of Operating Expenses data on file, last reported at $527.0 million in Q1 2026.

• Quarterly Operating Expenses rose 207.83% year-over-year to $527.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 154.47% YoY) and the FY2025 annual result came in at $1.1 billion, up 132.44% from the prior year.
• Operating Expenses climbed to $527.0 million in Q1 2026 per NBIS's latest filing, from $462.2 million in the prior quarter.
• The five-year high for Operating Expenses was $161.3 billion in Q1 2023, with the low at $82.6 million in Q3 2023.
• Average Operating Expenses over 5 years is $39.5 billion, with a median of $216.3 million recorded in 2025.
• Year-over-year, Operating Expenses tumbled 99.94% in 2024 and surged 207.83% in 2026.
• Nebius' Operating Expenses stood at $158.7 billion in 2022, then tumbled by 99.94% to $100.2 million in 2023, then soared by 71.36% to $171.7 million in 2024, then soared by 169.19% to $462.2 million in 2025, then increased by 14.02% to $527.0 million in 2026.
• Business Quant data shows NBIS's Operating Expenses at $527.0 million in Q1 2026, $462.2 million in Q4 2025, and $276.3 million in Q3 2025.