SemiLEDs (LEDS) Operating Leases (2019 - 2026)
SemiLEDs (LEDS) reported Operating Leases of $900,000 for fiscal Q3 2026 (quarter ended May 31, 2026), down 14.5% from $1.05 million a year earlier and down 2.2% from the prior quarter.
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Analysis
SemiLEDs (LEDS) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025 (ended Aug 31, 2025), SemiLEDs posted Operating Leases of $996,000, down 0.1% from FY2024.
- Operating Leases has declined for four consecutive fiscal years, though with a five-year compound annual growth rate of 56.5% (FY2020 to FY2025).
- By fiscal year, Operating Leases came in at $997,000 in FY2024 (-19.1%), $1.23 million in FY2023 (-14.1%), $1.44 million in FY2022 (-6.6%) and $1.54 million in FY2021.
- The fiscal Q3 2026 figure ranks as the lowest quarterly Operating Leases since fiscal Q1 2021.
- Year over year, Operating Leases has now declined in each of the last four quarters, with an average decline of 9.9% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was fiscal Q3 2025 (growth of 5.2%); the low point was fiscal Q1 2025 (a decline of 24.3%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $920,000 (Q2 2026), $937,000 (Q1 2026) and $996,000 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,973.70 Bn | 4,721.19 Bn | 54.77 Bn |
| 2 | Cisco Systems | 421.27 Bn | 357.20 Bn | 11.06 Bn |
| 3 | Dell Technologies | 297.70 Bn | 253.45 Bn | 9.83 Bn |
| 4 | Arista Networks | 229.14 Bn | 182.59 Bn | 1.91 Bn |
| 5 | Sandisk | 200.83 Bn | 189.36 Bn | 7.58 Bn |
| 6 | Sony | 150.33 Bn | 87.59 Bn | 6.53 Bn |
| 7 | Seagate Technology Holdings | 147.86 Bn | 142.86 Bn | 1.90 Bn |
| 8 | Western Digital | 125.50 Bn | 113.63 Bn | 2.03 Bn |
| 9 | Hewlett Packard Enterprise | 74.88 Bn | 52.76 Bn | 4.93 Bn |
| 10 | SemiLEDs | 15.88 Mn | 386,275.73 | 2.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 900,000.00 |
| Feb 28, 2026 | 920,000.00 |
| Nov 30, 2025 | 937,000.00 |
| Aug 31, 2025 | 996,000.00 |
| May 31, 2025 | 1.05 Mn |
| Feb 28, 2025 | 991,000.00 |
| Nov 30, 2024 | 965,000.00 |
| Aug 31, 2024 | 997,000.00 |
| May 31, 2024 | 1.00 Mn |
| Feb 29, 2024 | 1.18 Mn |
| Nov 30, 2023 | 1.27 Mn |
| Aug 31, 2023 | 1.23 Mn |
| May 31, 2023 | 1.31 Mn |
| Feb 28, 2023 | 1.36 Mn |
| Nov 30, 2022 | 1.38 Mn |
| Aug 31, 2022 | 1.44 Mn |
| May 31, 2022 | 1.31 Mn |
| Feb 28, 2022 | 1.60 Mn |
| Nov 30, 2021 | 1.52 Mn |
| Aug 31, 2021 | 1.54 Mn |
API Access
SemiLEDs Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=LEDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "LEDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=LEDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();