Non-Current Liabilities

Operating Lease Liabilities

Micron Technology Operating Lease Liabilities decreased by 1.9% to $656.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.5%, from $599.00M to $656.00M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows an upward trend with a 5.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ2 2026Mar 19, 2026

How to read this metric

An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.

Detailed definition

This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...

Peer comparison

Standard long-term liability for companies with significant real estate or equipment footprints.

Metric ID: operating_lease_liabilities_non_current

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$513.00M$504.00M$523.00M$535.00M$629.00M$610.00M$625.00M$610.00M$603.00M$603.00M$601.00M$593.00M$609.00M$610.00M$588.00M$599.00M$600.00M$701.00M$669.00M$656.00M
QoQ Change-1.8%+3.8%+2.3%+17.6%-3.0%+2.5%-2.4%-1.1%+0.0%-0.3%-1.3%+2.7%+0.2%-3.6%+1.9%+0.2%+16.8%-4.6%-1.9%
YoY Change+22.6%+21.0%+19.5%+14.0%-4.1%-1.1%-3.8%-2.8%+1.0%+1.2%-2.2%+1.0%-1.5%+14.9%+13.8%+9.5%
Range$504.00M$701.00M
CAGR+5.3%
Avg YoY Growth+6.4%
Median YoY Growth+1.1%
Current Streak2 quarters decline

Frequently Asked Questions

What is Micron Technology's operating lease liabilities?
Micron Technology (MU) reported operating lease liabilities of $656.00M in Q1 2026.
How has Micron Technology's operating lease liabilities changed year-over-year?
Micron Technology's operating lease liabilities increased by 9.5% year-over-year, from $599.00M to $656.00M.
What is the long-term trend for Micron Technology's operating lease liabilities?
Over 5 years (2020 to 2025), Micron Technology's operating lease liabilities has grown at a 5.6% compound annual growth rate (CAGR), from $533.00M to $701.00M.
What does operating lease liabilities mean?
The amount of lease payments due after one year.