Non-Current Liabilities
Operating Lease Liabilities
Micron Technology Operating Lease Liabilities decreased by 1.9% to $656M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.5%, from $599M to $656M. 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 expansion of leased assets, while a decrease suggests the expiration or reduction of long-term lease commitments.
Detailed definition
This represents the long-term portion of obligations arising from operating leases for assets such as office space, equi...
Peer comparison
Standardized across industries due to lease accounting changes; used to assess total debt-like obligations.
Metric ID:
operating_lease_liabilities_non_currentHistorical Data
20 periods
| 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 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $513M | $504M | $523M | $535M | $629M | $610M | $625M | $610M | $603M | $603M | $601M | $593M | $609M | $610M | $588M | $599M | $600M | $701M | $669M | $656M |
| 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$504M – $701M
CAGR+5.3%
Avg YoY Growth+6.4%
Median YoY Growth+1.1%
Current Streak2 quarters decline
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Micron Technology's operating lease liabilities?
- Micron Technology (MU) reported operating lease liabilities of $656M 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 $599M to $656M.
- 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 $533M to $701M.
- What does operating lease liabilities mean?
- The long-term portion of the company's future obligations for rented assets.