Nebius (NBIS) Operating Leases (2018 - 2026)
Nebius' (NBIS) quarterly Operating Leases came in at $1.5 billion in Q2 2026, up 638.58% year-over-year from $204.5 million in Q2 2025, and up 44.43% quarter-over-quarter from $1.0 billion in Q1 2026.
Nebius (NBIS) Operating Leases (2018 - 2026) Analysis & Trends
Nebius has disclosed Operating Leases across 9 years of filings, most recently posting $1.5 billion for Q2 2026.
- In Q2 2026, Operating Leases rose 638.58% year-over-year to $1.5 billion; the TTM figure through Jun 2026 stood at $1.5 billion (up 638.58% YoY), while the FY2025 annual figure was $760.5 million, up 2409.9% from the prior year.
- Operating Leases came in at $1.5 billion for Q2 2026 at Nebius, up from $1.0 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $24.6 billion in Q3 2023 to a low of $3.8 million in Q2 2024.
- Average Operating Leases over 5 years is $6.4 billion, with a median of $491.0 million recorded in 2024.
- Year-over-year, Operating Leases slumped 99.98% in 2024 and surged 5281.58% in 2025.
- Over 5 years, Operating Leases stood at $281.1 million in 2022, then retreated by 1.99% to $275.5 million in 2023, then tumbled by 89.0% to $30.3 million in 2024, then surged by 2409.9% to $760.5 million in 2025, then jumped by 98.61% to $1.5 billion in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $1.5 billion in Q2 2026, $1.0 billion in Q1 2026, and $760.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,717.88 Bn | 3,585.13 Bn | 60.48 Bn |
| 2 | International Business Machines | 219.37 Bn | 208.10 Bn | 9.91 Bn |
| 3 | Cloudflare | 113.46 Bn | 109.29 Bn | 499.52 Mn |
| 4 | Equinix | 102.39 Bn | 100.19 Bn | 1.40 Bn |
| 5 | Nebius | 57.34 Bn | 49.30 Bn | 448.70 Mn |
| 6 | CoreWeave | 47.88 Bn | 42.34 Bn | 1.70 Bn |
| 7 | Verisign | 26.51 Bn | 25.48 Bn | 384.60 Mn |
| 8 | Nutanix | 18.85 Bn | 16.49 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 17.01 Bn | 13.65 Bn | 613.75 Mn |
| 10 | DigitalOcean Holdings | 14.83 Bn | 14.06 Bn | 154.66 Mn |
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 | 275.48 Mn |
| Sep 30, 2023 | 24.58 Bn |
| Jun 30, 2023 | 17.39 Bn |
| Mar 31, 2023 | 16.82 Bn |
| Dec 31, 2022 | 281.08 Mn |
| Jun 30, 2022 | 20.67 Bn |
| Mar 31, 2022 | 23.54 Bn |
| Dec 31, 2021 | 339.28 Mn |
| Sep 30, 2021 | 26.22 Bn |
| Jun 30, 2021 | 22.09 Bn |
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();