Sitime (SITM) Operating Leases (2019 - 2023)

Sitime has disclosed Operating Leases across 5 years of filings, most recently posting $8.6 million for Q3 2023.

• In Q3 2023, Operating Leases rose 1.2% year-over-year to $8.6 million; the TTM figure through Sep 2023 stood at $8.6 million (up 1.2% YoY), while the FY2022 annual figure was $8.1 million, up 27.37% from the prior year.
• Operating Leases fell to $8.6 million in Q3 2023, from $9.3 million in the prior quarter.
• Over the last five years, Operating Leases for SITM reached as high as $10.0 million in Q1 2023 and fell as low as $6.4 million in Q3 2021.
• The 5-year median for Operating Leases is $7.9 million (2019), against an average of $7.9 million.
• Annual changes were most pronounced in 2021 — Operating Leases retreated 13.04% — and 2022, when it surged 34.28%.
• A 5-year view of Operating Leases shows it stood at $7.9 million in 2019, then retreated by 12.02% to $7.0 million in 2020, then declined by 8.42% to $6.4 million in 2021, then gained by 27.37% to $8.1 million in 2022, then advanced by 5.99% to $8.6 million in 2023.
• According to Business Quant data, Operating Leases over the past three periods registered $8.6 million, $9.3 million, and $10.0 million for Q3 2023, Q2 2023, and Q1 2023 respectively.