Discontinued — last reported Q4 '25

Non-Current Liabilities

Operating Lease Liabilities (Total)

Microsoft Operating Lease Liabilities (Total) 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 (Total) shows an upward trend with a 18.5% 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

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$11.59B$22.92B
CAGR+14.7%
Avg YoY Growth+16.4%
Median YoY Growth+16.9%

Frequently Asked Questions

What is Microsoft's operating lease liabilities (total)?
Microsoft (MSFT) reported operating lease liabilities (total) of $22.24B in Q1 2026.
How has Microsoft's operating lease liabilities (total) changed year-over-year?
Microsoft's operating lease liabilities (total) 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 (total)?
Over 4 years (2021 to 2025), Microsoft's operating lease liabilities (total) has grown at a 18.5% compound annual growth rate (CAGR), from $11.59B to $22.86B.
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.