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% on a QoQ basis from $16.0 billion in Q4 2025.
Alphabet (GOOG) has 8 years of Operating Leases data on file, last reported at $16.2 billion in Q1 2026.
- Quarterly Operating Leases rose 38.39% year-over-year to $16.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $16.2 billion (up 38.39% YoY) and the FY2025 annual result came in at $16.0 billion, up 9.44% from the prior year.
- Operating Leases grew to $16.2 billion in Q1 2026 per GOOG's latest filing, from $16.0 billion in the prior quarter.
- Across five years, Operating Leases topped out at $16.2 billion in Q1 2026 and bottomed at $11.4 billion in Q1 2022.
- The 5-year median for Operating Leases is $12.5 billion (2023), against an average of $12.9 billion.
- The widest annual swing landed in 2024, when Operating Leases declined 8.14%; it then jumped 38.39% in 2026.
- Tracing GOOG's Operating Leases over 5 years: stood at $12.5 billion in 2022, then decreased by 0.33% to $12.5 billion in 2023, then rose by 17.0% to $14.6 billion in 2024, then climbed by 9.44% to $16.0 billion in 2025, then rose by 1.3% to $16.2 billion in 2026.
- Per Business Quant, the three latest GOOG Operating Leases figures stand at $16.2 billion (Q1 2026), $16.0 billion (Q4 2025), and $12.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn |
| 10 | Zillow | 8.25 Bn | 7.47 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 |
| Mar 31, 2021 | 11.38 Bn |
| Dec 31, 2020 | 11.15 Bn |
| Sep 30, 2020 | 12.52 Bn |
| Jun 30, 2020 | 10.71 Bn |
| Mar 31, 2020 | 10.48 Bn |
| Dec 31, 2019 | 10.21 Bn |
| Sep 30, 2019 | 9.67 Bn |
| Jun 30, 2019 | 9.09 Bn |
| Mar 31, 2019 | 9.35 Bn |