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 Reddit 31.07 Bn 28.30 Bn 511.94 Mn
6 Pinterest 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
DateValue
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