A lease that accounting treats as a purchase paid for over time, so that it counts with capital spending. The Scorecard.
From The AI Compute Race. Read the book
Where the record uses it
- Scorecard indicator Hyperscalers’ Q1 operating cash flow (OCF) / cash capex
- Scorecard indicator Microsoft Jun. quarter
Sources that use it
- Microsoft holds line on AI spending plans, CFO Dive, 30 July 2026 (useful life of datacenters extended from 15 to 25 years; calendar-2026 capex restated at about $175 billion; Amy Hood: “more of our future data center leases will shift from finance leases to operating leases as a result of this update”; “Finance leases are included in capital expenditures, while operating leases are not”). In the Sources
From the glossary of The AI Compute Race.
How to cite this page
Dryburgh, Lee S. “Finance lease.” In The AI Compute Race. DRYBURGH. https://dryburgh.com/vol1/glossary/finance-lease (accessed 2026-11-01).
BibTeX
@misc{dryburgh-finance-lease-2026,
author = {Dryburgh, Lee S.},
title = {{Finance lease}},
howpublished = {In \emph{The AI Compute Race}, DRYBURGH},
year = {2026},
url = {https://dryburgh.com/vol1/glossary/finance-lease},
note = {Accessed 2026-11-01}
}