Microsoft (MSFT) Leases (2009 - 2026)

Microsoft has disclosed Leases across 18 years of filings, most recently posting $24.4 billion for Q1 2026.

• Leases for Q1 2026 came in at $24.4 billion, changed 0.29% year-over-year; the trailing twelve-month figure through Mar 2026 was $24.4 billion (changed 0.29% YoY), and the FY2025 annual result was $24.8 billion, up 30.92% from the prior year.
• Leases came in at $24.4 billion for Q1 2026 at Microsoft, down from $25.1 billion in the prior quarter.
• In the past five years, Leases ranged from a high of $25.1 billion in Q4 2025 to a low of $12.9 billion in Q1 2022.
• The 5-year median for Leases is $17.4 billion (2024), against an average of $18.6 billion.
• Across the five-year window, Leases jumped 40.9% in 2025 and decreased 0.29% in 2026, its largest moves.
• Microsoft's Leases stood at $13.6 billion in 2022, then rose by 20.36% to $16.4 billion in 2023, then surged by 39.14% to $22.8 billion in 2024, then increased by 10.02% to $25.1 billion in 2025, then declined by 2.79% to $24.4 billion in 2026.
• The last three Leases figures came in at $24.4 billion (Q1 2026), $25.1 billion (Q4 2025), and $24.8 billion (Q3 2025), per Business Quant data.