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Current Liabilities

Unredeemed Gift Card Liability

lululemon athletica Unredeemed Gift Card Liability decreased by 6.4% to $296.36M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.3%, from $271.08M to $296.36M. Over 5 years (FY 2020 to FY 2025), Unredeemed Gift Card Liability shows an upward trend with a 15.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
First reportedQ4 2018
Last reportedQ1 2026Jun 4, 2026
Metric ID: bs_leaf_unredeemed_gift_card_liability_02aec1

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$141.15M$137.02M$137.66M$208.2M$183.91M$172.67M$171.66M$251.48M$223.97M$216.12M$213.26M$306.48M$268.3M$250.75M$238.33M$308.35M$271.08M$252.33M$253.8M$316.63M$296.36M
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%-6.4%
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%+9.3%
% of Unredeemed gift card liability100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Share Change+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp
Range$137.02M$316.63M
CAGR+16.0%
Avg YoY Growth+15.5%
Median YoY Growth+19.8%

Frequently Asked Questions

What is lululemon athletica's unredeemed gift card liability?
lululemon athletica (LULU) reported unredeemed gift card liability of $296.36M in Q1 2026.
How has lululemon athletica's unredeemed gift card liability changed year-over-year?
lululemon athletica's unredeemed gift card liability increased by 9.3% year-over-year, from $271.08M to $296.36M.
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.