Lululemon Athletica (LULU) Operating Leases (2019 - 2026)
Lululemon Athletica (LULU) posted quarterly Operating Leases of $1.8 billion for Q1 2026, up 38.27% year-over-year from $1.3 billion in Q1 2025, and up 24.43% quarter-over-quarter from $1.4 billion in Q4 2025.
Lululemon Athletica (LULU) Operating Leases (2019 - 2026) Analysis & Trends
Lululemon Athletica's Operating Leases history runs 8 years deep, the most recent figure standing at $1.8 billion for Q1 2026.
- In Q1 2026, Operating Leases rose 38.27% year-over-year to $1.8 billion; the TTM figure through Feb 2026 stood at $1.8 billion (up 38.27% YoY), while the FY2026 annual figure was $1.8 billion, up 38.27% from the prior year.
- Operating Leases for Q1 2026 stood at $1.8 billion, up from $1.4 billion in the prior quarter.
- The five-year high for Operating Leases was $1.8 billion in Q1 2026, with the low at $692.1 million in Q1 2022.
- The 5-year median for Operating Leases is $1.1 billion (2024), against an average of $1.1 billion.
- The sharpest annual moves came in 2022 and 2026: Operating Leases climbed 9.4% in 2022, then soared 38.27% in 2026.
- Lululemon Athletica's Operating Leases stood at $850.4 million in 2022, then grew by 11.83% to $951.0 million in 2023, then grew by 28.68% to $1.2 billion in 2024, then increased by 18.11% to $1.4 billion in 2025, then climbed by 24.43% to $1.8 billion in 2026.
- Business Quant data shows LULU's Operating Leases at $1.8 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.5 billion 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 | American Eagle Outfitters | 2.69 Bn | 2.58 Bn | 456.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 3, 2026 | 1.78 Bn |
| Feb 1, 2026 | 1.80 Bn |
| Nov 2, 2025 | 1.45 Bn |
| Aug 3, 2025 | 1.46 Bn |
| May 4, 2025 | 1.42 Bn |
| Feb 2, 2025 | 1.30 Bn |
| Oct 27, 2024 | 1.22 Bn |
| Jul 28, 2024 | 1.18 Bn |
| Apr 28, 2024 | 1.15 Bn |
| Jan 28, 2024 | 1.15 Bn |
| Oct 29, 2023 | 950.95 Mn |
| Jul 30, 2023 | 976.74 Mn |
| Apr 30, 2023 | 888.58 Mn |
| Jan 29, 2023 | 862.36 Mn |
| Oct 30, 2022 | 850.37 Mn |
| Jul 31, 2022 | 757.87 Mn |
| May 1, 2022 | 726.27 Mn |
| Jan 30, 2022 | 692.06 Mn |
| Oct 31, 2021 | 684.46 Mn |
| Aug 1, 2021 | 644.73 Mn |