Discontinued — last reported Q4 '25

Operating Lease Liabilities

Non-Current Liabilities

Alphabet Inc. Operating Lease Liabilities increased by 5.3% to $12.74B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.0%, from $11.69B to $12.74B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows an upward trend with a 2.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ4 2025

How to read this metric

An increase reflects an expansion of the company's physical footprint or data center capacity, while a decrease shows the aging of existing lease terms.

Detailed definition

The long-term portion of future payment obligations for leased assets, such as office spaces and data center facilities,...

Peer comparison

Significant for cloud providers who lease substantial data center space rather than owning all physical real estate.

Metric ID: operating_lease_liabilities_non_current

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$11.62B$11.47B$11.39B$11.36B$11.70B$11.98B$12.50B$12.80B$12.75B$12.55B$12.46B$11.96B$11.71B$11.65B$11.69B$11.68B$11.95B$12.11B$12.74B
QoQ Change-1.3%-0.7%-0.2%+2.9%+2.5%+4.3%+2.4%-0.4%-1.5%-0.7%-4.0%-2.1%-0.5%+0.3%-0.1%+2.3%+1.3%+5.3%
YoY Change+0.7%+4.5%+9.8%+12.6%+9.0%+4.7%-0.3%-6.6%-8.1%-7.1%-6.2%-2.3%+2.1%+3.9%+9.0%
Range$11.36B$12.80B
CAGR+2.1%
Avg YoY Growth+1.7%
Median YoY Growth+2.1%
Current Streak3 quarters growth

Frequently Asked Questions

What is Alphabet Inc.'s operating lease liabilities?
Alphabet Inc. (GOOG) reported operating lease liabilities of $12.74B in Q4 2025.
How has Alphabet Inc.'s operating lease liabilities changed year-over-year?
Alphabet Inc.'s operating lease liabilities increased by 9.0% year-over-year, from $11.69B to $12.74B.
What is the long-term trend for Alphabet Inc.'s operating lease liabilities?
Over 5 years (2020 to 2025), Alphabet Inc.'s operating lease liabilities has grown at a 2.7% compound annual growth rate (CAGR), from $11.15B to $12.74B.
What does operating lease liabilities mean?
The long-term debt-like obligation for renting facilities and equipment.

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