Alphabet (GOOGM) Operating Leases (2019 - 2026)

Alphabet has disclosed Operating Leases across 8 years of filings, most recently posting $16.2 billion for Q1 2026.

• In Q1 2026, Operating Leases rose 38.39% year-over-year to $16.2 billion; the TTM figure through Mar 2026 stood at $16.2 billion (up 38.39% YoY), while the FY2025 annual figure was $16.0 billion, up 9.44% from the prior year.
• Operating Leases advanced to $16.2 billion in Q1 2026, from $16.0 billion in the prior quarter.
• Over the last five years, Operating Leases for GOOGM reached as high as $16.2 billion in Q1 2026 and fell as low as $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.
• Annual changes were most pronounced in 2024 — Operating Leases retreated 8.14% — and 2026, when it soared 38.39%.
• 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.
• According to Business Quant data, Operating Leases over the past three periods registered $16.2 billion, $16.0 billion, and $12.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.