Growth Metrics

Alphabet (GOOG) Operating Leases (2019 - 2026)

Alphabet (GOOG) has disclosed Operating Leases for 8 consecutive years, with $16.2 billion as the latest value for Q1 2026.

  • For Q1 2026, Operating Leases rose 38.39% year-over-year to $16.2 billion; the TTM value through Mar 2026 reached $16.2 billion, up 38.39%, while the annual FY2025 figure was $16.0 billion, 9.44% up from the prior year.
  • Operating Leases hit $16.2 billion in Q1 2026 for Alphabet, up 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.
  • Average Operating Leases over 5 years is $12.9 billion, with a median of $12.5 billion recorded in 2023.
  • Year-over-year, Operating Leases fell 8.14% in 2024 and then surged 38.39% in 2026.
  • Alphabet's Operating Leases stood at $12.5 billion in 2022, then dropped by 0.33% to $12.5 billion in 2023, then increased by 17.0% to $14.6 billion in 2024, then increased by 9.44% to $16.0 billion in 2025, then increased by 1.3% to $16.2 billion in 2026.
  • According to Business Quant data, Operating Leases over the past three periods came in at $16.2 billion, $16.0 billion, and $12.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.