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Microsoft (MSFT) Operating Leases (2017 - 2026)

Microsoft has reported Operating Leases over the past 10 years, most recently at $16.7 billion for Q1 2026.

  • Quarterly results put Operating Leases at $16.7 billion for Q1 2026, down 5.56% from a year ago — trailing twelve months through Mar 2026 was $16.7 billion (down 5.56% YoY), and the annual figure for FY2025 was $17.4 billion, up 12.52%.
  • Operating Leases reached $16.7 billion in Q1 2026 per MSFT's latest filing, down from $17.3 billion in the prior quarter.
  • Across five years, Operating Leases topped out at $17.7 billion in Q1 2025 and bottomed at $11.4 billion in Q1 2022.
  • Median Operating Leases over the past 5 years was $14.5 billion (2024), compared with a mean of $14.7 billion.
  • The largest annual shift saw Operating Leases rose 22.49% in 2022 before it decreased 5.56% in 2026.
  • Over 5 years, Operating Leases stood at $12.0 billion in 2022, then grew by 17.98% to $14.2 billion in 2023, then rose by 21.89% to $17.3 billion in 2024, then grew by 0.53% to $17.3 billion in 2025, then decreased by 3.7% to $16.7 billion in 2026.
  • Business Quant data shows Operating Leases for MSFT at $16.7 billion in Q1 2026, $17.3 billion in Q4 2025, and $17.3 billion in Q3 2025.