Current Liabilities

Unredeemed gift card liability

lululemon athletica Unredeemed gift card liability increased by 24.8% to $316.63M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.7%, from $308.35M to $316.63M. Over 5 years (FY 2020 to FY 2025), Unredeemed gift card liability shows an upward trend with a 15.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ4 2025Mar 17, 2026

How to read this metric

An increase suggests strong gift card sales and future revenue potential, while a decrease indicates higher redemption rates.

Detailed definition

This represents the value of gift cards sold to customers that have not yet been redeemed for merchandise. It is a defer...

Peer comparison

Common in consumer retail; higher levels relative to revenue indicate strong brand affinity and gift-giving demand.

Metric ID: current_liabilities_unredeemed_gift_card_liability

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$141.15M$137.02M$137.66M$208.20M$183.91M$172.67M$171.66M$251.48M$223.97M$216.12M$213.26M$306.48M$268.30M$250.75M$238.33M$308.35M$271.08M$252.33M$253.80M$316.63M
QoQ Change-2.9%+0.5%+51.2%-11.7%-6.1%-0.6%+46.5%-10.9%-3.5%-1.3%+43.7%-12.5%-6.5%-5.0%+29.4%-12.1%-6.9%+0.6%+24.8%
YoY Change+30.3%+26.0%+24.7%+20.8%+21.8%+25.2%+24.2%+21.9%+19.8%+16.0%+11.8%+0.6%+1.0%+0.6%+6.5%+2.7%
Range$137.02M$316.63M
CAGR+18.5%
Avg YoY Growth+15.9%
Median YoY Growth+20.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is lululemon athletica's unredeemed gift card liability?
lululemon athletica (LULU) reported unredeemed gift card liability of $316.63M in Q4 2025.
How has lululemon athletica's unredeemed gift card liability changed year-over-year?
lululemon athletica's unredeemed gift card liability increased by 2.7% year-over-year, from $308.35M to $316.63M.
What is the long-term trend for lululemon athletica's unredeemed gift card liability?
Over 5 years (2020 to 2025), lululemon athletica's unredeemed gift card liability has grown at a 15.2% compound annual growth rate (CAGR), from $155.85M to $316.63M.
What does unredeemed gift card liability mean?
The value of gift cards sold but not yet used by customers.