What is Meta Platforms, Inc.'s future lease payments - not yet commenced?

Meta Platforms, Inc. (META) reported future lease payments - not yet commenced of $58.14B in Q3 2025.

What does future lease payments - not yet commenced mean?

The total amount of money the company is committed to pay for future leases that have not started yet.

Discontinued — last reported Q2 '20

Meta Platforms, Inc. Future Lease Payments - Not Yet Commenced increased by 10.6% to $58.14B in Q3 2025 compared to the prior quarter.

StatementBalance Sheet Statement

SectionOther

CategoryRisk

SignalContext dependent

VolatilityModerate

First reportedQ4 2019

Last reportedQ2 2020

An increase suggests expanding operational footprint or planned infrastructure growth, while a decrease may indicate a pause in capital expansion.

This represents the total future financial obligations for lease agreements that have been signed but have not yet reach...

Common across capital-intensive industries; peers in energy often report this to show future logistics or facility commitments.

Metric ID: future_lease_payments_not_yet_commenced

3 periods

	Q1 '25	Q2 '25	Q3 '25
Value	$35.27B	$52.56B	$58.14B
QoQ Change	—	+49.0%	+10.6%

Range$35.27B – $58.14B

Current Streak2+ quarters growth

What is Meta Platforms, Inc.'s future lease payments - not yet commenced?: Meta Platforms, Inc. (META) reported future lease payments - not yet commenced of $58.14B in Q3 2025.
What does future lease payments - not yet commenced mean?: The total amount of money the company is committed to pay for future leases that have not started yet.