Monday 19 October 2026 Export LULU’s income statement to Excel — free account

lululemon athletica inc.

lululemon athletica inc.’s revenue for fiscal 2026 (year ended January 2026) was $11.1 billion, up 4.86% from fiscal 2025. In the quarter to July 2026, revenue fell 4.34%, EPS fell 5.81% and free cash flow grew 49.3%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years; insiders bought in the last twelve months.

96.08 1.02 −1.05%

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Market cap: $10.8B
P/E: 8.0×
Fwd P/E: 10.0×
Dividend yield: —
F-score: 6/9
Altman Z: 6.83
Beneish M: −1.91
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Receivables outpacing revenue Dec 11, 2025

All filings →

Insider Decisions trades per month

Total buys 1.99

Total sells 3.42

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	1	1	—	1	—	—	—	—
Sell	—	2	—	—	—	1	—	—	—	—	—	—

Insider Ownership 10.75%

Capital & Financial Ratios $m

Market Cap 10,750.00

Revenue 11,093.96

Net Income 1,417.98

Free Cash Flow 1,354.34

Net Debt (1,389.74)

Current Ratio 2.19

Debt/Equity 0.00

P/E ratio 7.95

Fwd P/E 10.00

P/S ratio 0.99

P/B ratio 2.29

Past 5Y EPS Growth 24.13%

This Y EPS Growth (27.52%)

Next Y EPS Growth (12.23%)

Next Y revenue growth (5.72%)

Next 5Y EPS Growth (13.41%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 0.55%

10-year low 10-year high

P/S against its own 10 years 0.55%

10-year low 10-year high

P/B against its own 10 years 0.55%

10-year low 10-year high

EV/Sales against its own 10 years 0.55%

10-year low 10-year high

EV/FCF against its own 10 years 0.55%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2026	Powerpack
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2018	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	2,244	1,984	1,807	1,390
Receivables	125	120	191	171
Inventory	1,324	1,442	1,701	1,711
Other	—	—	—	—
	4,061	3,980	4,263	3,946

	2024	2025	2026	Q'26
Payables	348	271	331	347
ST’ Debt	—	—	—	—
Other	347	346	363	313
	1,631	1,840	1,888	1,802

Compound Annual Growth %

	10y	5y	3y
Sales	18.34%	20.33%	11.03%
Cash Flow	18.29%	14.81%	18.36%
Earnings	19.49%	21.81%	22.70%
Book Value	17.05%	14.16%	16.37%

Revenue $m

	Apr	Jul	Oct	Jan	Year
’26	2,472	2,416	—	—	—
’26	2,371	2,525	2,566	3,641	11,103
’25	2,209	2,371	2,397	3,611	10,588
’24	2,001	2,209	2,204	3,205	9,619
’23	1,613	1,868	1,857	2,772	8,111
’22	1,226	1,451	1,450	2,129	6,257
’21	652	903	1,117	1,730	4,402

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Apr	Jul	Oct	Jan	Year
’26	214	375	—	—	—
’26	(119)	329	250	1,143	1,602
’25	128	443	301	1,401	2,273
’24	46	477	390	1,384	2,296
’23	(243)	98	66	1,046	966
’22	214	286	158	731	1,389
’21	(121)	181	25	718	803

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Apr	Jul	Oct	Jan	Year
’26	87	225	—	—	—
’26	(271)	151	82	960	922
’25	(3)	298	122	1,166	1,583
’24	(91)	331	227	1,178	1,644
’23	(355)	(47)	(110)	839	328
’22	150	205	36	603	995
’21	(173)	129	(41)	660	574

Fiscal quarters ending in the months shown.

EPS $

	Apr	Jul	Oct	Jan	Year
’26	1.69	2.92	—	—	—
’26	2.60	3.10	2.59	5.01	13.26
’25	2.54	3.15	2.87	6.14	14.64
’24	2.28	2.68	1.96	5.29	12.20
’23	1.48	2.26	2.00	0.94	6.68
’22	1.11	1.59	1.44	3.36	7.49
’21	0.22	0.66	1.10	2.52	4.50

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	47.26	74.90	118.28	128.85	269.28	251.51	286.58	226.01	159.25	90.38	Analyst estimates 2027–2029 Powerpack
	High	80.10	164.79	235.50	399.90	485.83	410.70	516.39	508.92	423.32	217.22
People
People	Employees	12,500	13,400	15,700	19,000	25,000	29,000	34,000	38,000	39,000	39,000
	Revenue/emp, $m	0.19	0.20	0.21	0.21	0.18	0.22	0.24	0.25	0.27	0.28
Income, $m
Income, $m	Revenue	2,344	2,649	3,288	3,979	4,402	6,257	8,111	9,619	10,588	11,103
	Gross margin, %	51.17	52.80	55.23	55.87	55.98	57.68	55.39	58.31	59.22	56.60
	EBT	423	460	715	897	819	1,334	1,333	2,176	2,576	2,239
	EBT margin, %	18.03	17.36	21.75	22.55	18.61	21.32	16.43	22.62	24.33	20.17
	Net income	303	259	484	646	589	975	855	1,550	1,815	1,579
	Depreciation	88	108	122	162	185	224	292	379	447	496
Per share, $
Per share, $	Revenue	17.10	19.48	24.65	30.52	33.79	48.21	63.53	75.91	85.57	93.31
	Earnings	2.21	1.90	3.63	4.95	4.52	7.52	6.70	12.23	14.67	13.27
	Cash flow	2.82	3.60	5.57	5.13	6.17	10.70	7.57	18.12	18.37	13.47
	Capex	(1.09)	(1.16)	(1.69)	(2.17)	(1.76)	(3.04)	(5.00)	(5.14)	(5.57)	(5.72)
	Free cash flow	1.73	2.44	3.88	2.96	4.41	7.66	2.57	12.98	12.80	7.75
	Book value	9.92	11.74	10.84	14.97	19.64	21.12	24.66	33.40	34.95	41.70
	Shares, m	137	136	133	130	130	130	128	127	124	119
Valuation, ×
Valuation, ×	P/E	30.55	40.95	40.72	48.26	73.78	44.32	45.87	37.08	28.14	13.45
	P/S	3.95	4.01	6.00	7.84	8.93	6.68	4.83	5.98	4.84	1.92
	P/B	6.81	6.66	13.64	15.99	16.98	15.81	12.44	13.59	11.85	4.29
	EV/Sales	3.63	3.64	5.76	7.59	8.71	6.50	4.70	5.76	4.66	1.77
	EV/FCF	35.97	29.10	36.63	78.24	73.85	42.38	116.30	33.67	31.18	21.27
Cash, $m
Cash, $m	Operating cash flow	386	489	743	669	803	1,389	966	2,296	2,273	1,602
	Capex	(150)	(158)	(226)	(283)	(229)	(395)	(639)	(652)	(689)	(681)
	Free cash flow	237	331	517	386	574	995	328	1,644	1,583	922
Balance, $m
Balance, $m	Working capital	921	1,144	929	1,188	1,241	1,210	1,667	2,429	2,141	2,375
	Total debt	—	—	—	739	799	881	1,070	—	—	—
	Net debt	(735)	(991)	(881)	(1,094)	(1,151)	(1,260)	(1,155)	(2,244)	(1,984)	(1,807)
	Shareholders’ equity	1,360	1,597	1,446	1,952	2,559	2,740	3,149	4,232	4,324	4,962
Returns, %
Returns, %	ROA	20.42	14.15	23.70	24.06	15.77	21.37	16.21	24.41	24.70	19.67
	ROIC	42.11	46.99	78.13	64.71	36.40	56.30	41.64	67.04	66.93	43.80
	ROE	25.41	17.50	31.80	38.00	26.11	36.81	29.03	42.01	42.42	34.01

Negative figures in brackets.

All 10 years →

Fiscal years to Jan 2026 · latest quarter Jul 2026

Earnings Trends EPS, adjusted, against the consensus

Q2 FY26 Estimate 1.79 Actual 2.06

0.36 1.68 2.99 4.30 5.62

Q3 FY25 Beat +0.37

Q4 FY25 Beat +0.25

Q1 FY26 Beat +0.02

Q2 FY26 Beat +0.27

Q3 FY26 — Dec 10

Earnings per share against the consensus, by quarter
Quarter	Estimate	Reported	Result
Q3 FY25	2.22	2.59	Beat by 0.37
Q4 FY25	4.76	5.01	Beat by 0.25
Q1 FY26	1.67	1.69	Beat by 0.02
Q2 FY26	1.79	2.06	Beat by 0.27
Q3 FY26	0.97	—	Reports 10 December 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
BURL Burlington Stores, Inc.	$16.5B	23.6×	22.9×	+10.99% (above 0%: growing)	+95.92% (above 0%: growing)	+31.74% (above 0%: growing)	46.24%	8.51%	Compare
LULU lululemon athletica inc.	$10.8B	8.0×	10.0×	−4.34% (below 0%: shrinking)	−5.81% (below 0%: shrinking)	+49.33% (above 0%: growing)	60.52%	18.78%
GAP The Gap, Inc.	$8.1B	6.8×	6.3×	−1.99% (below 0%: shrinking)	+143.10% (above 0%: growing)	−47.71% (below 0%: shrinking)	52.83%	18.52%	Compare
URBN Urban Outfitters, Inc.	$7.4B	13.3×	12.2×	+10.44% (above 0%: growing)	+75.63% (above 0%: growing)	+92.47% (above 0%: growing)	43.42%	17.37%	Compare
VSXY Victoria's Secret & Co.	$7.0B	19.1×	17.1×	+10.42% (above 0%: growing)	+990.00% (above 0%: growing)	+272.73% (above 0%: growing)	47.11%	15.95%	Compare
ANF Abercrombie & Fitch Company	$6.5B	12.9×	11.4×	+4.81% (above 0%: growing)	+41.41% (above 0%: growing)	+296.59% (above 0%: growing)	71.10%	19.95%	Compare
BOOT Boot Barn Holdings, Inc.	$3.7B	15.3×	13.4×	+17.75% (above 0%: growing)	+32.00% (above 0%: growing)	−22.73% (below 0%: shrinking)	40.42%	15.25%	Compare
AEO American Eagle Outfitters, Inc.	$3.0B	9.0×	7.9×	+7.53% (above 0%: growing)	+77.78% (above 0%: growing)	+367.29% (above 0%: growing)	48.69%	15.32%	Compare
BKE Buckle, Inc. (The)	$2.4B	10.6×	10.8×	+4.60% (above 0%: growing)	−2.22% (below 0%: shrinking)	−63.66% (below 0%: shrinking)	47.85%	17.45%	Compare
Median of peers	$6.7B	13.1×	11.8×	+8.98%	+76.71%	+62.11%	47.48%	16.66%

All 33 Apparel Retail stocks →

lululemon athletica inc. (LULU) key facts

Concern: Net income was $1.6 billion, or $13.27 per share (basic), a net margin of 14.2%.
Strength: lululemon athletica inc.’s revenue for fiscal 2026 (year ended January 2026) was $11.1 billion, up 4.86% from fiscal 2025.
lululemon athletica inc. (LULU) is an Apparel Retail company in the Consumer Cyclical sector, listed on Nasdaq.
As of October 16, 2026, LULU traded at $97.10, a market capitalization of $10.8 billion.
At that price the stock trades at 8.0× trailing-twelve-month earnings and 1.0× sales; its P/E is higher than 1% of its own readings over the past ten years.
Return on equity was 34.0% and debt-to-equity 0.00.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 6.83 (safe zone) for fiscal 2026.