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

Lululemon Athletica's Operating Leases history runs 8 years deep, the most recent figure standing at $1.5 billion for Q1 2026.

• In Q1 2026, Operating Leases rose 15.31% year-over-year to $1.5 billion; the TTM figure through Feb 2026 stood at $1.5 billion (up 15.31% YoY), while the FY2026 annual figure was $1.5 billion, up 15.31% from the prior year.
• Operating Leases was $1.5 billion for Q1 2026 at Lululemon Athletica, up from $1.4 billion in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $1.5 billion in Q1 2026 to a low of $692.1 million in Q1 2022.
• Historically, Operating Leases has averaged $1.1 billion across 5 years, with a median of $1.1 billion in 2024.
• The sharpest annual moves came in 2022 and 2024: Operating Leases grew 9.4% in 2022, then surged 33.82% in 2024.
• A 5-year view of Operating Leases shows it 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 gained by 3.76% to $1.5 billion in 2026.
• The last three Operating Leases figures came in at $1.5 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.5 billion (Q3 2025), per Business Quant data.