Sitime (SITM) Operating Leases (2019 - 2023)

Sitime (SITM) has reported Operating Leases for 5 consecutive years, with $8.6 million the latest figure, recorded in Q3 2023.

• On a quarterly basis, Operating Leases rose 1.2% year-over-year to $8.6 million in Q3 2023; TTM through Sep 2023 was $8.6 million, a 1.2% increase from a year earlier, with the FY2022 full-year figure at $10.6 million, up 66.21% from the prior year.
• Operating Leases was $8.6 million for Q3 2023 at Sitime, down from $9.3 million in the prior quarter.
• Over five years, Operating Leases peaked at $10.6 million in Q4 2022 and troughed at $6.4 million in Q3 2021.
• A 5-year average of $8.1 million and a median of $7.9 million in 2019 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases fell 13.04% in 2021 and jumped 66.21% in 2022, its largest moves.
• Over 5 years, Operating Leases stood at $7.9 million in 2019, then fell by 12.02% to $7.0 million in 2020, then dropped by 8.42% to $6.4 million in 2021, then jumped by 66.21% to $10.6 million in 2022, then declined by 18.78% to $8.6 million in 2023.
• The last three Operating Leases figures came in at $8.6 million (Q3 2023), $9.3 million (Q2 2023), and $10.0 million (Q1 2023), per Business Quant data.