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 | 33.97 Bn | 31.20 Bn | 511.94 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn |
| 6 | 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| Date | Value |
|---|---|
| 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 |