META · 10-Q · 2026Q1 · Full report

Leases and Contractual Commitments

Meta Platforms, Inc. · 2026-04-30 · Importance 63 · Surprise 42 · Matches filing data

Meta has substantial future lease and contractual commitments tied to data centers, colocations, network infrastructure and cloud capacity. Operating and finance leases not yet commenced were approximately $182.88 billion with commencement dates from the remainder of 2026 through 2036 and terms up to 30 years. As of March 31, 2026, non-cancelable contractual commitments totaled $237.67 billion, with approximately $42.25 billion and $47.65 billion due in 2026 and 2027, respectively, and contingent obligations to purchase up to $14.72 billion of cloud capacity over five years. In April 2026, the company entered additional multi‑year infrastructure contracts that increased non‑cancelable contractual commitments by about $24 billion.

Key facts

• We have operating and finance leases that have not yet commenced as of March 31, 2026 with lease obligations of approximately $182.88 billion, which will commence during the remainder of 2026 and 2036 with lease terms ranging from greater than one year to 30 years. source

Impact estimates