Operating Lease Liabilities (Current)
Texas Pacific Land Operating Lease Liabilities (Current) increased by 1.1% to $17.99M in Q1 2026 compared to the prior quarter. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows an upward trend with a 44.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
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.
operating_lease_liabilities_currentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $2.47M | $2.29M | $2.10M | $2.79M | $2.02M | $1.30M | $17.67M | $17.80M | $17.99M |
| QoQ Change | — | -7.0% | -8.4% | +32.8% | -27.4% | -35.8% | >999% | +0.7% | +1.1% |
| YoY Change | — | — | — | +32.8% | -27.4% | -35.8% | — | >999% | — |
Operating Lease Liabilities (Current) at Other Companies
Frequently Asked Questions
- What is Texas Pacific Land's operating lease liabilities (current)?
- Texas Pacific Land (TPL) reported operating lease liabilities (current) of $17.99M in Q1 2026.
- What is the long-term trend for Texas Pacific Land's operating lease liabilities (current)?
- Over 5 years (2020 to 2025), Texas Pacific Land's operating lease liabilities (current) has grown at a 44.8% compound annual growth rate (CAGR), from $2.80M to $17.80M.
- What does operating lease liabilities (current) mean?
- The amount of rent and lease payments the company must pay in the next year.