Smartbird (BIRD) Operating Leases (2022 - 2026)
Smartbird (BIRD) posted quarterly Operating Leases of $15.8 million for Q1 2026, down 53.42% year-over-year from $34.0 million in Q1 2025, and up 2.13% quarter-over-quarter from $15.5 million in Q4 2025.
Smartbird (BIRD) Operating Leases (2022 - 2026) Analysis & Trends
Smartbird (BIRD) has reported Operating Leases for 5 consecutive years, with $15.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases fell 53.42% year-over-year to $15.8 million; the TTM figure through Mar 2026 stood at $15.8 million (down 53.42% YoY), while the FY2025 annual figure was $15.5 million, down 63.8% from the prior year.
- Operating Leases climbed to $15.8 million in Q1 2026 per BIRD's latest filing, from $15.5 million in the prior quarter.
- Across five years, Operating Leases topped out at $107.0 million in Q3 2023 and bottomed at $15.5 million in Q4 2025.
- Historically, Operating Leases has averaged $57.7 million across 5 years, with a median of $51.9 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Leases retreated 17.63% — and 2025, when it plunged 63.8%.
- Smartbird's Operating Leases stood at $95.6 million in 2022, then declined by 17.63% to $78.7 million in 2023, then plunged by 45.64% to $42.8 million in 2024, then sank by 63.8% to $15.5 million in 2025, then grew by 2.13% to $15.8 million in 2026.
- Business Quant data shows BIRD's Operating Leases at $15.8 million in Q1 2026, $15.5 million in Q4 2025, and $21.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tjx Companies | 155.79 Bn | 150.21 Bn | 4.48 Bn |
| 2 | Ross Stores | 73.01 Bn | 68.88 Bn | 1.78 Bn |
| 3 | Burlington Stores | 20.93 Bn | 20.19 Bn | 1.26 Bn |
| 4 | Lululemon Athletica | 13.36 Bn | 11.84 Bn | 1.34 Bn |
| 5 | Gap | 7.23 Bn | 4.67 Bn | 1.42 Bn |
| 6 | Victoria's Secret | 7.03 Bn | 6.82 Bn | 585.00 Mn |
| 7 | Urban Outfitters | 6.38 Bn | 5.97 Bn | 542.57 Mn |
| 8 | Boot Barn Holdings | 4.90 Bn | 4.76 Bn | - |
| 9 | Abercrombie & Fitch | 4.70 Bn | 4.08 Bn | 682.63 Mn |
| 10 | Smartbird | 21.49 Mn | 7.09 Mn | 6.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.82 Mn |
| Dec 31, 2025 | 15.49 Mn |
| Sep 30, 2025 | 21.58 Mn |
| Jun 30, 2025 | 33.14 Mn |
| Mar 31, 2025 | 33.97 Mn |
| Dec 31, 2024 | 42.80 Mn |
| Sep 30, 2024 | 48.65 Mn |
| Jun 30, 2024 | 55.16 Mn |
| Mar 31, 2024 | 65.35 Mn |
| Dec 31, 2023 | 78.73 Mn |
| Sep 30, 2023 | 107.00 Mn |
| Jun 30, 2023 | 96.82 Mn |
| Mar 31, 2023 | 98.31 Mn |
| Dec 31, 2022 | 95.58 Mn |