Meta Platforms (META) Operating Leases (2019 - 2026)
Meta Platforms (META) reported Operating Leases of $25.6 billion for Q1 2026, up 36.83% year-over-year from $18.7 billion in Q1 2025, and up 11.63% quarter-over-quarter from $22.9 billion in Q4 2025.
Meta Platforms (META) Operating Leases (2019 - 2026) Analysis & Trends
Meta Platforms (META) has 8 years of Operating Leases data on file, last reported at $25.6 billion in Q1 2026.
- Operating Leases for Q1 2026 came in at $25.6 billion, up 36.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $25.6 billion (up 36.83% YoY), and the FY2025 annual result was $22.9 billion, up 25.41% from the prior year.
- Operating Leases climbed to $25.6 billion in Q1 2026 per META's latest filing, from $22.9 billion in the prior quarter.
- Over five years, Operating Leases peaked at $25.6 billion in Q1 2026 and troughed at $14.1 billion in Q1 2022.
- A 5-year average of $18.1 billion and a median of $17.8 billion in 2023 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2022 and 2024: Operating Leases jumped 46.65% in 2022, then dropped 0.85% in 2024.
- A 5-year view of Operating Leases shows it stood at $15.3 billion in 2022, then grew by 12.58% to $17.2 billion in 2023, then increased by 6.19% to $18.3 billion in 2024, then advanced by 25.41% to $22.9 billion in 2025, then gained by 11.63% to $25.6 billion in 2026.
- Business Quant data shows META's Operating Leases at $25.6 billion in Q1 2026, $22.9 billion in Q4 2025, and $20.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nebius | 1,942,920.03 Bn | 1,942,920.03 Bn | 295.20 Mn |
| 2 | Alphabet | 4,333.14 Bn | 4,117.52 Bn | 102.29 Bn |
| 3 | Meta Platforms | 1,436.75 Bn | 1,355.57 Bn | 46.09 Bn |
| 4 | Spotify Technology | 115.76 Bn | 105.52 Bn | 1.75 Bn |
| 5 | 31.07 Bn | 28.30 Bn | 511.94 Mn | |
| 6 | 12.92 Bn | 11.62 Bn | 768.96 Mn | |
| 7 | Kanzhun | 12.73 Bn | 10.63 Bn | 255.62 Bn |
| 8 | Snap | 8.83 Bn | 6.00 Bn | 1.29 Bn |
| 9 | Match | 8.15 Bn | 7.13 Bn | 653.28 Mn |
| 10 | Zillow | 7.57 Bn | 6.79 Bn | 519.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.61 Bn |
| Dec 31, 2025 | 22.94 Bn |
| Sep 30, 2025 | 20.11 Bn |
| Jun 30, 2025 | 18.75 Bn |
| Mar 31, 2025 | 18.71 Bn |
| Dec 31, 2024 | 18.29 Bn |
| Sep 30, 2024 | 18.21 Bn |
| Jun 30, 2024 | 17.69 Bn |
| Mar 31, 2024 | 17.57 Bn |
| Dec 31, 2023 | 17.23 Bn |
| Sep 30, 2023 | 17.83 Bn |
| Jun 30, 2023 | 17.84 Bn |
| Mar 31, 2023 | 16.17 Bn |
| Dec 31, 2022 | 15.30 Bn |
| Sep 30, 2022 | 15.98 Bn |
| Jun 30, 2022 | 16.07 Bn |
| Mar 31, 2022 | 14.05 Bn |
| Dec 31, 2021 | 12.75 Bn |
| Sep 30, 2021 | 11.55 Bn |
| Jun 30, 2021 | 10.96 Bn |