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Non-Current Liabilities

Finance Lease Liabilities

Micron Technology Finance Lease Liabilities decreased by 5.5% to $2.22B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.1%, from $2.31B to $2.22B. Over 5 years (FY 2020 to FY 2025), Finance Lease Liabilities shows an upward trend with a 43.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ2 2026Mar 19, 2026

How to read this metric

An increase indicates a long-term commitment to lease-based financing, while a decrease suggests the company is paying down its long-term lease debt.

Detailed definition

This represents the non-current portion of obligations under finance leases, covering payments due beyond the next twelv...

Peer comparison

Commonly reported as long-term capital lease obligations by peer hardware and semiconductor firms.

Metric ID: finance_lease_liabilities

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$454M$649M$808M$872M$822M$783M$805M$940M$1.02B$1.11B$1.27B$1.47B$1.63B$1.73B$2.05B$2.31B$2.57B$2.48B$2.34B$2.22B
QoQ Change+43.0%+24.5%+7.9%-5.7%-4.7%+2.8%+16.8%+8.3%+8.9%+14.2%+15.8%+11.5%+5.8%+18.7%+12.6%+11.2%-3.3%-5.7%-5.5%
YoY Change+81.1%+20.6%-0.4%+7.8%+23.8%+41.6%+57.3%+56.0%+60.5%+55.9%+62.1%+57.6%+57.2%+43.7%+14.2%-4.1%
Range$454M$2.57B
CAGR+39.6%
Avg YoY Growth+39.7%
Median YoY Growth+49.8%
Current Streak3 quarters decline

Frequently Asked Questions

What is Micron Technology's finance lease liabilities?
Micron Technology (MU) reported finance lease liabilities of $2.22B in Q1 2026.
How has Micron Technology's finance lease liabilities changed year-over-year?
Micron Technology's finance lease liabilities decreased by 4.1% year-over-year, from $2.31B to $2.22B.
What is the long-term trend for Micron Technology's finance lease liabilities?
Over 5 years (2020 to 2025), Micron Technology's finance lease liabilities has grown at a 43.4% compound annual growth rate (CAGR), from $410M to $2.48B.
What does finance lease liabilities mean?
The portion of finance lease debt that is due after more than one year.