Lululemon Athletica (LULU) Operating Leases (2019 - 2026)
Lululemon Athletica (LULU) posted Operating Leases of $1.8 billion for Q3 2026, little changed on a QoQ basis from $1.8 billion in Q2 2026, and up 21.14% year-over-year from $1.5 billion in Q3 2025.
Analysis
Lululemon Athletica (LULU) Operating Leases (2019 - 2026) Analysis & Trends
Lululemon Athletica has reported Operating Leases for 8 years, with the latest figure at $1.8 billion in Q3 2026.
- On a quarterly basis, Operating Leases rose 21.14% year-over-year to $1.8 billion in Q3 2026; TTM through Aug 2026 was $1.8 billion, a 21.14% increase from a year earlier, with the FY2026 full-year figure at $1.5 billion, up 15.31% from the prior year.
- Operating Leases was $1.8 billion for Q3 2026 at Lululemon Athletica, roughly flat from $1.8 billion in the prior quarter.
- The five-year high for Operating Leases was $1.8 billion in Q2 2026, with the low at $692.1 million in Q1 2022.
- Average Operating Leases over 5 years is $1.2 billion, with a median of $1.2 billion recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Leases increased 9.4% in 2022, then soared 33.82% in 2024.
- Over 5 years, Operating Leases stood at $850.4 million in 2022, then rose by 11.83% to $951.0 million in 2023, then rose by 28.68% to $1.2 billion in 2024, then gained by 18.11% to $1.4 billion in 2025, then grew by 22.77% to $1.8 billion in 2026.
- The last three Operating Leases figures came in at $1.8 billion (Q3 2026), $1.8 billion (Q2 2026), and $1.5 billion (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Lululemon Athletica | 10.72 Bn | 9.33 Bn | 1.46 Bn |
| 2 | Gildan Activewear | 8.17 Bn | 7.91 Bn | 459.76 Mn |
| 3 | Levi Strauss | 8.13 Bn | 7.15 Bn | 979.10 Mn |
| 4 | V F | 5.28 Bn | 4.61 Bn | 917.04 Mn |
| 5 | Kontoor Brands | 4.02 Bn | 3.96 Bn | 328.26 Mn |
| 6 | Pvh | 3.43 Bn | 2.46 Bn | 1.32 Bn |
| 7 | Warby Parker | 3.00 Bn | 2.71 Bn | 136.46 Mn |
| 8 | Columbia Sportswear | 2.95 Bn | 2.33 Bn | 358.43 Mn |
| 9 | Figs | 2.27 Bn | 1.97 Bn | 147.86 Mn |
| 10 | Under Armour | 2.19 Bn | 1.80 Bn | 593.83 Mn |
Historic Data
Download Data
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 |