Operating Lease Liabilities (Current)
Microsoft Operating Lease Liabilities (Current) decreased by 2.7% to $22.24B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.0%, from $22.92B to $22.24B. Over 4 years (FY 2021 to FY 2025), Operating Lease Liabilities (Current) shows an upward trend with a 18.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests an expanding physical footprint or upcoming renewals, while a decrease may indicate store closures or a shift toward asset ownership.
Detailed definition
The portion of operating lease payments due within the next twelve months, representing the short-term obligation for re...
Peer comparison
Retail-heavy tech companies often show higher current lease liabilities compared to pure software firms due to physical storefront presence.
operating_lease_liabilities_currentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.59B | $12.10B | $12.90B | $13.52B | $13.72B | $13.88B | $14.29B | $14.64B | $15.14B | $16.03B | $16.94B | $17.88B | $19.08B | $20.37B | $21.86B | $22.92B | $22.86B | $22.73B | $22.87B | $22.24B |
| QoQ Change | — | +4.4% | +6.6% | +4.8% | +1.5% | +1.2% | +2.9% | +2.5% | +3.4% | +5.9% | +5.7% | +5.5% | +6.7% | +6.8% | +7.3% | +4.9% | -0.3% | -0.6% | +0.6% | -2.7% |
| YoY Change | — | — | — | — | +18.3% | +14.8% | +10.7% | +8.3% | +10.4% | +15.4% | +18.6% | +22.2% | +26.0% | +27.1% | +29.0% | +28.2% | +19.8% | +11.6% | +4.6% | -3.0% |
Operating Lease Liabilities (Current) at Other Companies
Frequently Asked Questions
- What is Microsoft's operating lease liabilities (current)?
- Microsoft (MSFT) reported operating lease liabilities (current) of $22.24B in Q1 2026.
- How has Microsoft's operating lease liabilities (current) changed year-over-year?
- Microsoft's operating lease liabilities (current) decreased by 3.0% year-over-year, from $22.92B to $22.24B.
- What is the long-term trend for Microsoft's operating lease liabilities (current)?
- Over 4 years (2021 to 2025), Microsoft's operating lease liabilities (current) has grown at a 18.5% compound annual growth rate (CAGR), from $11.59B to $22.86B.
- What does operating lease liabilities (current) mean?
- The amount of rent and lease payments the company must pay in the next year.