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| Date | Value |
|---|---|
| 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 |