Nebius (NBIS) Operating Leases (2018 - 2026)

Nebius recorded quarterly Operating Leases of $1.0 billion in Q1 2026, up 37.51% quarter-over-quarter from $760.5 million in Q4 2025.

Nebius' Operating Leases history runs 9 years deep, the most recent figure standing at $1.0 billion for Q1 2026.

  • In Q1 2026, Operating Leases changed N/A year-over-year to $1.0 billion; the TTM figure through Mar 2026 stood at $1.0 billion (changed N/A YoY), while the FY2025 annual figure was $760.5 million, up 2409.9% from the prior year.
  • Operating Leases came in at $1.0 billion for Q1 2026 at Nebius, up from $760.5 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $1.0 billion in Q1 2026 to a low of $30.3 million in Q4 2024.
  • A 5-year average of $478.6 million and a median of $281.1 million in 2022 frame the typical range for Operating Leases.
  • Across the five-year window, Operating Leases slumped 89.0% in 2024 and surged 2409.9% in 2025, its largest moves.
  • Nebius' Operating Leases stood at $281.1 million in 2022, then decreased by 1.99% to $275.5 million in 2023, then plunged by 89.0% to $30.3 million in 2024, then soared by 2409.9% to $760.5 million in 2025, then surged by 37.51% to $1.0 billion in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $1.0 billion, $760.5 million, and $30.3 million for Q1 2026, Q4 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alphabet 4,516.07 Bn 4,300.46 Bn 102.29 Bn
2 Meta Platforms 1,527.96 Bn 1,446.78 Bn 46.09 Bn
3 Spotify Technology 122.61 Bn 112.37 Bn 1.75 Bn
4 Reddit 33.97 Bn 31.20 Bn 511.94 Mn
5 Nebius 22.38 Bn 22.38 Bn 295.20 Mn
6 Pinterest 13.66 Bn 12.37 Bn 768.96 Mn
7 Kanzhun 13.03 Bn 10.93 Bn 255.62 Bn
8 Snap 9.94 Bn 7.12 Bn 1.29 Bn
9 Match 8.60 Bn 7.57 Bn 653.28 Mn
10 Zillow 8.57 Bn 7.79 Bn 519.00 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 1.05 Bn
Dec 31, 2025 760.50 Mn
Dec 31, 2024 30.30 Mn
Dec 31, 2023 275.48 Mn
Dec 31, 2022 281.08 Mn
Dec 31, 2021 339.28 Mn
Dec 31, 2020 168.52 Mn
Dec 31, 2019 170.18 Mn
Dec 31, 2018 188.85 Mn