Alphabet (GOOG) Operating Leases (2019 - 2026)
Alphabet (GOOG) reported Operating Leases of $16.2 billion for Q1 2026, up 38.39% year-over-year from $11.7 billion in Q1 2025, and up 1.3% quarter-over-quarter from $16.0 billion in Q4 2025.
Alphabet (GOOG) Operating Leases (2019 - 2026) Analysis & Trends
Alphabet (GOOG) has 8 years of Operating Leases data on file, last reported at $16.2 billion in Q1 2026.
- Operating Leases for Q1 2026 came in at $16.2 billion, up 38.39% year-over-year; the trailing twelve-month figure through Mar 2026 was $16.2 billion (up 38.39% YoY), and the FY2025 annual result was $16.0 billion, up 9.44% from the prior year.
- Operating Leases rose to $16.2 billion in Q1 2026 per GOOG's latest filing, from $16.0 billion in the prior quarter.
- Over five years, Operating Leases peaked at $16.2 billion in Q1 2026 and troughed at $11.4 billion in Q1 2022.
- A 5-year average of $12.9 billion and a median of $12.5 billion in 2023 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2024 and 2026: Operating Leases retreated 8.14% in 2024, then soared 38.39% in 2026.
- A 5-year view of Operating Leases shows it stood at $12.5 billion in 2022, then dropped by 0.33% to $12.5 billion in 2023, then advanced by 17.0% to $14.6 billion in 2024, then increased by 9.44% to $16.0 billion in 2025, then advanced by 1.3% to $16.2 billion in 2026.
- Business Quant data shows GOOG's Operating Leases at $16.2 billion in Q1 2026, $16.0 billion in Q4 2025, and $12.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn |
| 10 | Zillow | 7.56 Bn | 6.78 Bn | 519.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.16 Bn |
| Dec 31, 2025 | 15.95 Bn |
| Sep 30, 2025 | 12.11 Bn |
| Jun 30, 2025 | 14.96 Bn |
| Mar 31, 2025 | 11.68 Bn |
| Dec 31, 2024 | 14.58 Bn |
| Sep 30, 2024 | 11.65 Bn |
| Jun 30, 2024 | 11.71 Bn |
| Mar 31, 2024 | 11.96 Bn |
| Dec 31, 2023 | 12.46 Bn |
| Sep 30, 2023 | 12.55 Bn |
| Jun 30, 2023 | 12.75 Bn |
| Mar 31, 2023 | 12.80 Bn |
| Dec 31, 2022 | 12.50 Bn |
| Sep 30, 2022 | 11.98 Bn |
| Jun 30, 2022 | 11.70 Bn |
| Mar 31, 2022 | 11.36 Bn |
| Dec 31, 2021 | 11.39 Bn |
| Sep 30, 2021 | 11.47 Bn |
| Jun 30, 2021 | 11.62 Bn |