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Alphabet (GOOGL) Operating Leases (2019 - 2025)

Alphabet (GOOGL) has disclosed Operating Leases for 7 consecutive years, with $16.0 billion as the latest value for Q4 2025.

  • Quarterly Operating Leases rose 9.44% to $16.0 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $16.0 billion through Dec 2025, up 9.44% year-over-year, with the annual reading at $16.0 billion for FY2025, 9.44% up from the prior year.
  • Operating Leases for Q4 2025 was $16.0 billion at Alphabet, up from $15.2 billion in the prior quarter.
  • The five-year high for Operating Leases was $16.0 billion in Q4 2025, with the low at $11.4 billion in Q1 2022.
  • Average Operating Leases over 5 years is $12.9 billion, with a median of $12.2 billion recorded in 2022.
  • The sharpest move saw Operating Leases decreased 8.37% in 2021, then skyrocketed 30.47% in 2025.
  • Over 5 years, Operating Leases stood at $11.4 billion in 2021, then increased by 9.76% to $12.5 billion in 2022, then increased by 22.0% to $15.3 billion in 2023, then fell by 4.41% to $14.6 billion in 2024, then grew by 9.44% to $16.0 billion in 2025.
  • According to Business Quant data, Operating Leases over the past three periods came in at $16.0 billion, $15.2 billion, and $15.0 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.