Target Operating Lease Liabilities increased by 0.8% to $3.54B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.6%, from $3.42B to $3.54B. Over 4 years (FY 2021 to FY 2025), Operating Lease Liabilities shows an upward trend with a 12.7% CAGR.
An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.
This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...
Standard long-term liability for companies with significant real estate or equipment footprints.
operating_lease_liabilities_non_current| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.46B | $2.49B | $2.49B | $2.58B | $2.54B | $2.59B | $2.64B | $2.62B | $2.80B | $3.03B | $3.28B | $3.39B | $3.44B | $3.42B | $3.58B | $3.56B | $3.51B | $3.54B |
| QoQ Change | — | +1.3% | -0.0% | +3.5% | -1.5% | +1.8% | +1.9% | -0.6% | +6.8% | +8.3% | +8.2% | +3.4% | +1.5% | -0.8% | +4.8% | -0.5% | -1.4% | +0.8% |
| YoY Change | — | — | — | — | +3.3% | +3.8% | +5.8% | +1.5% | +10.0% | +17.0% | +24.3% | +29.4% | +23.1% | +12.8% | +9.2% | +5.1% | +2.0% | +3.6% |