Nebius (NBIS) Return on Invested Capital [ROIC] (2022 - 2026)
Nebius (NBIS) recorded Return on Invested Capital [ROIC] of -3.32% in the quarter ended Jun 30, 2026, up 7.97 percentage points from -11.29% a year earlier and up 1.63 percentage points from the prior quarter.
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Analysis
Nebius (NBIS) Return on Invested Capital [ROIC] (2022 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Nebius reported Return on Invested Capital [ROIC] of -7.25%, up 2.74 percentage points from the prior year.
- Annual Return on Invested Capital [ROIC] has a three-year change of -10.90 percentage points (years ended Dec 2022 to Dec 2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at -9.99% in the year ended Dec 31, 2024 (-15.84 pp), 5.86% in the year ended Dec 31, 2023 (+2.21 pp) and 3.65% in the year ended Dec 31, 2022.
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Return on Invested Capital [ROIC] since the quarter ended Jun 30, 2024.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for four consecutive quarters, with an average year-over-year change of -2.92 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 9.04 percentage points in the quarter ended Mar 31, 2026, against a drop of 14.22 percentage points in the quarter ended Dec 31, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -4.95% (quarter ended Mar 31, 2026), -5.94% (quarter ended Dec 31, 2025) and -7.22% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,944.62 Bn | 3,880.11 Bn | 62.56 Bn | 26.51% |
| 2 | International Business Machines | 231.10 Bn | 185.71 Bn | 9.71 Bn | 11.50% |
| 3 | Equinix | 100.11 Bn | 88.01 Bn | 1.31 Bn | 5.67% |
| 4 | Cloudflare | 96.02 Bn | 78.46 Bn | 557.23 Mn | -17.58% |
| 5 | Nebius | 31.44 Bn | 4.87 Bn | 448.70 Mn | -3.87% |
| 6 | Verisign | 27.82 Bn | 25.17 Bn | 393.20 Mn | - |
| 7 | CoreWeave | 25.57 Bn | 12.66 Bn | 1.70 Bn | -1.20% |
| 8 | Nutanix | 15.68 Bn | 7.37 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.30 Bn | 9.69 Bn | 843.00 Mn | 28.21% |
| 10 | Akamai Technologies | 12.01 Bn | 5.41 Bn | 613.75 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.87% |
| Mar 31, 2026 | -4.89% |
| Dec 31, 2025 | -6.76% |
| Sep 30, 2025 | -7.28% |
| Jun 30, 2025 | -11.32% |
| Mar 31, 2025 | -13.99% |
| Dec 31, 2024 | -13.43% |
| Sep 30, 2024 | -10.23% |
| Jun 30, 2024 | -0.23% |
| Mar 31, 2024 | -0.21% |
| Dec 31, 2023 | 0.79% |
| Sep 30, 2023 | 1.60% |
| Jun 30, 2023 | 3.79% |
| Mar 31, 2023 | 9.86% |
| Dec 31, 2022 | 4.68% |
| Sep 30, 2022 | 0.91% |
API Access
Nebius Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=NBIS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=NBIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();