GOOGL · 10-Q · 2026Q2 · Full report
Datacenter Capacity Expansion
Alphabet Inc. · 2026-07-23 · Importance 64 · Surprise 42 · In source text
Alphabet had $85.2 billion of future lease payments for primarily data-center leases that had not commenced as of June 30, 2026. These leases are scheduled to commence between 2026 and 2031, with non-cancelable terms ranging from one to 26 years. Alphabet also entered into a June 2026 short-term lease with an approximately $5.8 billion non-cancelable commitment beginning in the third quarter of 2026.
Key facts
- As of June 30, 2026, we had entered into leases that have not yet commenced with future lease payments of $85.2 billion that will commence between 2026 and 2031. source
- In June 2026, we entered into a short-term lease agreement with a non-cancelable commitment of approximately $5.8 billion, which will commence in the third quarter of 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | committed | -7.8% | As of June 30, 2026, we had entered into leases that have not yet commenced with future lease payments of $85.2 billion that will commence… |
| liability | negative | committed | -0.5% | In June 2026, we entered into a short-term lease agreement with a non-cancelable commitment of approximately $5.8 billion, which will… |