Meta Platforms (META) Operating Leases (2019 - 2026)
Meta Platforms (META) posted quarterly Operating Leases of $26.2 billion for Q2 2026, up 39.88% year-over-year from $18.8 billion in Q2 2025, and up 2.43% quarter-over-quarter from $25.6 billion in Q1 2026.
Meta Platforms (META) Operating Leases (2019 - 2026) Analysis & Trends
Meta Platforms (META) has reported Operating Leases for 8 consecutive years, with $26.2 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Leases rose 39.88% year-over-year to $26.2 billion; the TTM figure through Jun 2026 stood at $26.2 billion (up 39.88% YoY), while the FY2025 annual figure was $22.9 billion, up 25.41% from the prior year.
- Operating Leases rose to $26.2 billion in Q2 2026 per META's latest filing, from $25.6 billion in the prior quarter.
- Across five years, Operating Leases topped out at $26.2 billion in Q2 2026 and bottomed at $14.1 billion in Q1 2022.
- Historically, Operating Leases has averaged $18.7 billion across 5 years, with a median of $17.8 billion in 2023.
- Annual changes were most pronounced in 2024 — Operating Leases dropped 0.85% — and 2026, when it jumped 39.88%.
- Meta Platforms' Operating Leases stood at $15.3 billion in 2022, then increased by 12.58% to $17.2 billion in 2023, then rose by 6.19% to $18.3 billion in 2024, then climbed by 25.41% to $22.9 billion in 2025, then advanced by 14.34% to $26.2 billion in 2026.
- Business Quant data shows META's Operating Leases at $26.2 billion in Q2 2026, $25.6 billion in Q1 2026, and $22.9 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,253.34 Bn | 3,824.30 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,548.59 Bn | 1,458.33 Bn | 49.47 Bn |
| 3 | Taboola.com | 1,144.63 Bn | 1,144.50 Bn | 139.48 Mn |
| 4 | Baidu | 289.09 Bn | 284.60 Bn | 1.88 Mn |
| 5 | Spotify Technology | 104.28 Bn | 94.04 Bn | 1.75 Bn |
| 6 | Joyy | 78.58 Bn | 77.69 Bn | 205.64 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 |
| 8 | Nebius | 49.00 Bn | 39.37 Bn | 295.20 Mn |
| 9 | 30.74 Bn | 27.96 Bn | 734.60 Mn | |
| 10 | Tencent Music Entertainment | 27.35 Bn | 24.65 Bn | 514.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.23 Bn |
| 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 | 16.44 Bn |
| Mar 31, 2023 | 17.65 Bn |
| Dec 31, 2022 | 15.30 Bn |
| Sep 30, 2022 | 14.69 Bn |
| Jun 30, 2022 | 16.07 Bn |
| Mar 31, 2022 | 12.89 Bn |
| Dec 31, 2021 | 12.75 Bn |
| Sep 30, 2021 | 12.64 Bn |