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Nebius (NBIS) Operating Leases (2018 - 2025)

Nebius has reported Operating Leases over the past 8 years, most recently at $760.5 million for Q4 2025.

  • For Q4 2025, Operating Leases rose 2409.9% year-over-year to $760.5 million; the TTM value through Dec 2025 reached $760.5 million, up 2409.9%, while the annual FY2025 figure was $760.5 million, 2409.9% up from the prior year.
  • Operating Leases was $760.5 million for Q4 2025 at Nebius, up from $30.3 million in the prior quarter.
  • Across five years, Operating Leases topped out at $760.5 million in Q4 2025 and bottomed at $30.3 million in Q4 2024.
  • The 5-year median for Operating Leases is $281.1 million (2022), against an average of $337.3 million.
  • Year-over-year, Operating Leases crashed 89.0% in 2024 and then skyrocketed 2409.9% in 2025.
  • Over 5 years, Operating Leases stood at $339.3 million in 2021, then fell by 17.16% to $281.1 million in 2022, then fell by 1.99% to $275.5 million in 2023, then crashed by 89.0% to $30.3 million in 2024, then skyrocketed by 2409.9% to $760.5 million in 2025.
  • The last three reported values for Operating Leases were $760.5 million (Q4 2025), $30.3 million (Q4 2024), and $275.5 million (Q4 2023) per Business Quant data.