Harvard University’s endowment reached a record $68 billion at the end of fiscal year 2026 on June 30, 2026, after a 27.1% return representing an $11 billion increase from the prior year. This outstanding performance was driven primarily by a $2.2 billion stake in SpaceX, which accounted for more than half of the $4.3 billion US equities portfolio, along with significant AI investments in Cerebras Systems, Nvidia and TSMC. Outperforming the median large endowment return of 18.9% by more than eight percentage points, Harvard also posted record donations of $1.5 billion and an operating surplus of $100 million.
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