Discontinued — last reported Q4 '25

Current Liabilities

Operating Lease Liabilities (Current)

Wells Fargo & Company Operating Lease Liabilities (Current) decreased by 0.4% to $4.14B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.1%, from $4.32B to $4.14B. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows a downward trend with a -3.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ4 2025

How to read this metric

An increase suggests an expanding physical footprint or upcoming renewals, while a decrease may indicate store closures or a shift toward asset ownership.

Detailed definition

The portion of operating lease payments due within the next twelve months, representing the short-term obligation for re...

Peer comparison

Retail-heavy tech companies often show higher current lease liabilities compared to pure software firms due to physical storefront presence.

Metric ID: operating_lease_liabilities_current

Historical Data

19 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.64B$4.48B$4.42B$4.46B$4.42B$4.47B$4.38B$4.26B$4.17B$4.06B$4.07B$4.41B$4.26B$4.42B$4.32B$4.23B$4.19B$4.16B$4.14B
QoQ Change-3.5%-1.4%+1.0%-0.8%+0.9%-1.9%-2.7%-2.2%-2.6%+0.2%+8.5%-3.6%+3.9%-2.4%-2.1%-0.9%-0.7%-0.4%
YoY Change-4.6%-0.2%-0.8%-4.4%-5.7%-9.1%-7.1%+3.5%+2.0%+8.9%+6.2%-4.1%-1.5%-5.9%-4.1%
Range$4.06B$4.64B
CAGR-2.5%
Avg YoY Growth-1.8%
Median YoY Growth-4.1%
Current Streak5 quarters decline

Frequently Asked Questions

What is Wells Fargo & Company's operating lease liabilities (current)?
Wells Fargo & Company (WFC) reported operating lease liabilities (current) of $4.14B in Q1 2026.
How has Wells Fargo & Company's operating lease liabilities (current) changed year-over-year?
Wells Fargo & Company's operating lease liabilities (current) decreased by 4.1% year-over-year, from $4.32B to $4.14B.
What is the long-term trend for Wells Fargo & Company's operating lease liabilities (current)?
Over 5 years (2020 to 2025), Wells Fargo & Company's operating lease liabilities (current) has grown at a -3.5% compound annual growth rate (CAGR), from $4.96B to $4.16B.
What does operating lease liabilities (current) mean?
The amount of rent and lease payments the company must pay in the next year.