Nebius (NBIS) Operating Leases (2018 - 2026)
Nebius (NBIS) posted Operating Leases of $1.51 billion for the quarter ended Jun 30, 2026, up 638.6% from $204.5 million a year earlier and up 44.4% from the prior quarter.
Analysis
Nebius (NBIS) Operating Leases (2018 - 2026) Analysis & Trends
As of Dec 31, 2025, Nebius' Operating Leases came in at $760.5 million.
- Annual Operating Leases shows a five-year compound annual growth rate of 33.6% (years ended Dec 2020 to Dec 2025).
- In prior years, Nebius' Operating Leases was $30.3 million in the year ended Dec 31, 2024 (+212.4%), $9.7 million in the year ended Dec 31, 2023 (-96.3%), $260.48 million in the year ended Dec 31, 2022 (-23.2%) and $339.28 million in the year ended Dec 31, 2021 (+90.0%).
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly Operating Leases since the quarter ended Sep 30, 2023.
- On a year-over-year basis, Operating Leases increased in two of the last five quarters, with growth averaging 172.5%.
- The strongest year-over-year quarter for Operating Leases in the past five years was the quarter ended Jun 30, 2026, with growth of 638.6%; the weakest was the quarter ended Jun 30, 2024, with a decline of 100.0%.
- According to Business Quant data, Operating Leases for the three prior quarters was $1.05 billion (quarter ended Mar 31, 2026), $760.5 million (quarter ended Dec 31, 2025) and $405.4 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,932.24 Bn | 3,855.40 Bn | 60.48 Bn |
| 2 | International Business Machines | 219.04 Bn | 169.85 Bn | 9.91 Bn |
| 3 | Cloudflare | 104.70 Bn | 88.23 Bn | 499.52 Mn |
| 4 | Equinix | 97.19 Bn | 85.75 Bn | 1.40 Bn |
| 5 | Nebius | 40.23 Bn | 13.66 Bn | 448.70 Mn |
| 6 | CoreWeave | 33.76 Bn | 20.85 Bn | 1.70 Bn |
| 7 | Verisign | 27.46 Bn | 24.67 Bn | 384.60 Mn |
| 8 | Nutanix | 17.98 Bn | 9.67 Bn | 651.35 Mn |
| 9 | GoDaddy | 13.83 Bn | 9.41 Bn | 828.20 Mn |
| 10 | Akamai Technologies | 12.69 Bn | 6.10 Bn | 613.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.51 Bn |
| Mar 31, 2026 | 1.05 Bn |
| Dec 31, 2025 | 760.50 Mn |
| Sep 30, 2025 | 405.40 Mn |
| Jun 30, 2025 | 204.50 Mn |
| Mar 31, 2025 | 181.60 Mn |
| Dec 31, 2024 | 30.30 Mn |
| Sep 30, 2024 | 21.60 Mn |
| Jun 30, 2024 | 3.80 Mn |
| Mar 31, 2024 | 491.00 Mn |
| Dec 31, 2023 | 288.96 Mn |
| Sep 30, 2023 | 24.58 Bn |
| Jun 30, 2023 | 17.39 Bn |
| Mar 31, 2023 | 16.82 Bn |
| Dec 31, 2022 | 238.07 Mn |
| Sep 30, 2022 | 18.87 Bn |
| Jun 30, 2022 | 20.67 Bn |
| Mar 31, 2022 | 23.54 Bn |
| Dec 31, 2021 | 330.63 Mn |
| Sep 30, 2021 | 26.22 Bn |
API Access
Nebius Operating Leases 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=operating-leases&ticker=NBIS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=NBIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();