Lululemon Athletica (LULU) Operating Leases (2019 - 2026)

Lululemon Athletica's (LULU) quarterly Operating Leases came in at $1.8 billion in Q1 2026, up 38.27% year-on-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.

  • On a quarterly basis, Operating Leases rose 38.27% year-over-year to $1.8 billion in Q1 2026; TTM through Feb 2026 was $1.8 billion, a 38.27% increase from a year earlier, with the FY2026 full-year figure at $1.8 billion, up 38.27% from the prior year.
  • Operating Leases climbed to $1.8 billion in Q1 2026 per LULU's latest filing, from $1.4 billion in the prior quarter.
  • Across five years, Operating Leases topped out at $1.8 billion in Q1 2026 and bottomed 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.
  • Across the five-year window, Operating Leases rose 9.4% in 2022 and soared 38.27% in 2026, its largest moves.
  • Year by year, Operating Leases stood at $850.4 million in 2022, then increased by 11.83% to $951.0 million in 2023, then increased by 28.68% to $1.2 billion in 2024, then rose by 18.11% to $1.4 billion in 2025, then grew by 24.43% to $1.8 billion in 2026.
  • Per Business Quant, the three latest LULU Operating Leases figures stand at $1.8 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.5 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tjx Companies 169.48 Bn 163.90 Bn 4.48 Bn
2 Ross Stores 74.91 Bn 70.31 Bn 1.80 Bn
3 Burlington Stores 21.30 Bn 20.55 Bn 1.26 Bn
4 Lululemon Athletica 12.32 Bn 10.51 Bn 2.00 Bn
5 Gap 6.81 Bn 4.25 Bn 1.42 Bn
6 Victoria's Secret 6.71 Bn 6.55 Bn 585.00 Mn
7 Urban Outfitters 5.96 Bn 5.55 Bn 542.57 Mn
8 Boot Barn Holdings 4.50 Bn 4.30 Bn 281.24 Mn
9 Abercrombie & Fitch 4.04 Bn 3.43 Bn 682.63 Mn
10 American Eagle Outfitters 2.94 Bn 2.70 Bn 651.06 Mn

Historic Data

Download Data
DateValue
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
May 2, 2021 616.92 Mn