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Growth Metrics

Microsoft (MSFT) Operating Leases (2017 - 2025)

Microsoft's Operating Leases history spans 9 years, with the latest figure at $17.3 billion for Q4 2025.

  • For Q4 2025, Operating Leases rose 0.53% year-over-year to $17.3 billion; the TTM value through Dec 2025 reached $17.3 billion, up 0.53%, while the annual FY2025 figure was $17.4 billion, 12.52% up from the prior year.
  • Operating Leases for Q4 2025 was $17.3 billion at Microsoft, roughly flat 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 $9.3 billion in Q1 2021.
  • The 5-year median for Operating Leases is $13.1 billion (2023), against an average of $13.6 billion.
  • The largest annual shift saw Operating Leases increased 29.63% in 2021 before it grew 0.53% in 2025.
  • A 5-year view of Operating Leases shows it stood at $10.8 billion in 2021, then rose by 11.36% to $12.0 billion in 2022, then increased by 17.98% to $14.2 billion in 2023, then grew by 21.89% to $17.3 billion in 2024, then increased by 0.53% to $17.3 billion in 2025.
  • Per Business Quant, the three most recent readings for MSFT's Operating Leases are $17.3 billion (Q4 2025), $17.3 billion (Q3 2025), and $17.4 billion (Q2 2025).