lululemon athletica inc. (LULU) Operating Leases (2019 - 2026)
Lululemon Athletica (LULU) reported Operating Leases of $1.77 billion for fiscal Q2 2027 (quarter ended Aug 2, 2026), up 21.1% from $1.46 billion a year earlier but down 0.2% from the prior quarter.
lululemon athletica inc. (LULU) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2026 (ended Feb 1, 2026), Lululemon Athletica posted Operating Leases of $1.5 billion, up 15.3% from FY2025.
- Operating Leases has increased for six consecutive fiscal years, with a five-year compound annual growth rate of 18.8% (FY2021 to FY2026).
- By fiscal year, Operating Leases came in at $1.3 billion in FY2025 (+12.7%), $1.15 billion in FY2024 (+33.8%), $862.36 million in FY2023 (+24.6%) and $692.06 million in FY2022 (+9.4%).
- Five-year quarterly Operating Leases spans a low of $684.46 million in fiscal Q3 2022 and a high of $1.78 billion in fiscal Q1 2027.
- Year over year, Operating Leases has now increased in each of the last 21 quarters, with growth averaging 21.1% over the last eight quarters.
- Over the past five years, the year-over-year growth in Operating Leases ranged from 7.7% (fiscal Q3 2022) to 33.8% (fiscal Q4 2024).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at $1.78 billion (Q1 2027), $1.5 billion (Q4 2026) and $1.45 billion (Q3 2026).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 1.77 Bn |
| May 3, 2026 | 1.78 Bn |
| Feb 1, 2026 | 1.50 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 |
lululemon athletica inc. 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=LULU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "LULU", "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=LULU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();