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.

• 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 $10.6 million, up 66.21% from the prior year.
• Operating Leases retreated to $8.6 million in Q3 2023 per SITM's latest filing, from $9.3 million in the prior quarter.
• Across five years, Operating Leases topped out at $10.6 million in Q4 2022 and bottomed at $6.4 million in Q3 2021.
• Historically, Operating Leases has averaged $8.1 million across 5 years, with a median of $7.9 million in 2019.
• Annual changes were most pronounced in 2021 — Operating Leases retreated 13.04% — and 2022, when it surged 66.21%.
• Sitime's Operating Leases stood at $7.9 million in 2019, then decreased by 12.02% to $7.0 million in 2020, then fell by 8.42% to $6.4 million in 2021, then soared by 66.21% to $10.6 million in 2022, then retreated by 18.78% to $8.6 million in 2023.
• Business Quant data shows SITM's Operating Leases at $8.6 million in Q3 2023, $9.3 million in Q2 2023, and $10.0 million in Q1 2023.