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.
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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 | 3,978.22 Bn | 3,913.71 Bn | 62.56 Bn |
| 2 | International Business Machines | 234.30 Bn | 188.91 Bn | 9.71 Bn |
| 3 | Equinix | 98.75 Bn | 86.64 Bn | 1.31 Bn |
| 4 | Cloudflare | 87.20 Bn | 70.73 Bn | 499.52 Mn |
| 5 | Nebius | 29.33 Bn | 2.76 Bn | 448.70 Mn |
| 6 | Verisign | 28.15 Bn | 25.50 Bn | 393.20 Mn |
| 7 | CoreWeave | 24.27 Bn | 11.36 Bn | 1.70 Bn |
| 8 | Nutanix | 15.78 Bn | 7.47 Bn | 651.35 Mn |
| 9 | GoDaddy | 15.07 Bn | 10.45 Bn | 843.00 Mn |
| 10 | Akamai Technologies | 11.38 Bn | 4.78 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_KEYimport 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();