Alphabet Inc. (GOOGL) Operating Leases (2019 - 2026)

Alphabet (GOOGL) has reported Operating Leases for 8 consecutive years, with $18.0 billion the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Leases rose 20.58% year-over-year to $18.0 billion in Q2 2026; TTM through Jun 2026 was $18.0 billion, a 20.58% increase from a year earlier, with the FY2025 full-year figure at $16.0 billion, up 9.44% from the prior year.
• Operating Leases was $18.0 billion for Q2 2026 at Alphabet, up from $16.2 billion in the prior quarter.
• Over five years, Operating Leases peaked at $18.0 billion in Q2 2026 and troughed at $11.4 billion in Q1 2022.
• A 5-year average of $13.6 billion and a median of $12.8 billion in 2023 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases fell 8.14% in 2024 and surged 30.47% in 2025, its largest moves.
• Over 5 years, Operating Leases stood at $12.5 billion in 2022, then advanced by 22.0% to $15.3 billion in 2023, then slipped by 4.41% to $14.6 billion in 2024, then grew by 9.44% to $16.0 billion in 2025, then climbed by 13.06% to $18.0 billion in 2026.
• The last three Operating Leases figures came in at $18.0 billion (Q2 2026), $16.2 billion (Q1 2026), and $16.0 billion (Q4 2025), per Business Quant data.