Discontinued — last reported Q4 '25

Non-Current Liabilities

Operating Lease Liabilities (Total)

Amazon Operating Lease Liabilities (Total) increased by 3.5% to $89.25B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.1%, from $79.60B to $89.25B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Total) shows an upward trend with a 17.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ4 2025

How to read this metric

A significant increase reflects a long-term commitment to physical expansion, while a decrease suggests a consolidation of facilities or a move toward remote operations.

Detailed definition

The total present value of all future lease payments for operating leases, covering both short-term and long-term horizo...

Peer comparison

Used to compare the 'fixed charge' burden across companies with different strategies regarding owning versus leasing real estate.

Metric ID: operating_lease_liabilities_total

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$45.28B$53.95B$58.33B$58.29B$60.61B$64.78B$69.04B$71.25B$73.37B$73.90B$75.64B$76.02B$77.43B$79.68B$79.60B$81.73B$84.99B$86.23B$89.25B
QoQ Change+19.1%+8.1%-0.1%+4.0%+6.9%+6.6%+3.2%+3.0%+0.7%+2.4%+0.5%+1.9%+2.9%-0.1%+2.7%+4.0%+1.5%+3.5%
YoY Change+33.8%+20.1%+18.4%+22.2%+21.1%+14.1%+9.6%+6.7%+5.5%+7.8%+5.2%+7.5%+9.8%+8.2%+12.1%
Range$45.28B$89.25B
CAGR+16.3%
Avg YoY Growth+13.5%
Median YoY Growth+9.8%
Current Streak4 quarters growth

Frequently Asked Questions

What is Amazon's operating lease liabilities (total)?
Amazon (AMZN) reported operating lease liabilities (total) of $89.25B in Q4 2025.
How has Amazon's operating lease liabilities (total) changed year-over-year?
Amazon's operating lease liabilities (total) increased by 12.1% year-over-year, from $79.60B to $89.25B.
What is the long-term trend for Amazon's operating lease liabilities (total)?
Over 5 years (2020 to 2025), Amazon's operating lease liabilities (total) has grown at a 17.9% compound annual growth rate (CAGR), from $39.10B to $89.25B.
What does operating lease liabilities (total) mean?
The total amount of money the company is committed to paying for all its rented properties and equipment over time.