Saturday 31 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.

107.15 2.67 −2.43%

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Market cap: $12.7B
P/E: 8.8×
Fwd P/E: 10.3×
Dividend yield: —
F-score: 6/9
Altman Z: 6.83
Beneish M: −1.91
Dividend safety: n/a

Overview Business Profile Financial Analysis Segments Filings

lululemon athletica inc. (LULU) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2026: revenue by segment, and margins
Americas	7,847	70.68%
China Mainland	1,755	15.81%
Rest of World	1,501	13.52%
Gross margin		56.60%
Operating margin		19.91%
Pre-tax margin		20.17%

Revenue by product or service $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Women's apparel	6,995 63.01%	6,693 63.21%	6,147 63.91%	5,260 64.85%	4,172 66.68%	3,050 69.29%	2,768 69.56%	2,335 71.00%	1,893 71.44%
Men's apparel	2,664 23.99%	2,558 24.16%	2,253 23.42%	1,957 24.12%	1,536 24.55%	953 21.65%	927 23.30%	691 21.00%	527 19.88%
Accessories and other categories	1,443 13.00%	1,337 12.63%	1,219 12.67%	894 11.02%	549 8.77%	399 9.06%	284 7.14%	263 8.00%	230 8.68%
Revenue	11,103	10,588	9,619	8,111	6,257	4,402	3,979	3,288	2,649

Gross profit by product or service $m, and margin

	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Product costs	‡	‡	‡	‡	‡	‡	‡	‡	‡
Other cost of sales	‡	‡	‡	‡	‡	‡	‡	‡	‡
Shipping and Handling	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by segment $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Americas	7,847 70.68%	7,928 74.88%	7,632 79.34%	6,817 84.06%	5,300 84.71%	—	—	—	—	—	—	—	—	—	—	—	—
China Mainland	1,755 15.81%	1,361 12.86%	964 10.02%	577 7.11%	434 6.94%	—	—	—	—	—	—	—	—	—	—	—	—
Rest of World	1,501 13.52%	1,299 12.26%	1,024 10.64%	717 8.83%	522 8.35%	—	—	—	—	—	—	—	—	—	—	—	—
Direct To Consumer	—	—	—	—	—	2,284 51.89%	1,138 28.59%	859 26.12%	578 21.80%	453 19.33%	402 19.49%	321 17.87%	263 16.53%	197 14.39%	106 10.62%	57 8.06%	18 4.03%
Corporate Owned Stores	—	—	—	—	—	1,659 37.68%	2,501 62.85%	2,126 64.66%	1,837 69.34%	1,704 72.70%	1,516 73.59%	1,348 75.02%	1,229 77.24%	1,090 79.55%	817 81.62%	590 82.95%	393 86.87%
Other Segments	—	—	—	—	—	459 10.43%	340 8.55%	303 9.22%	235 8.85%	187 7.97%	143 6.92%	128 7.11%	99 6.23%	83 6.05%	78 7.75%	64 8.99%	41 9.09%
Revenue	11,103	10,588	9,619	8,111	6,257	4,402	3,979	3,288	2,649	2,344	2,061	1,797	1,591	1,370	1,001	712	453

Operating income by segment $m, and margin

	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Americas	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
China Mainland	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Rest of World	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by region $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
United States	6,328 57.00%	6,483 61.23%	6,346 65.98%	5,654 69.72%	4,346 69.46%	3,105 70.54%	2,854 71.73%	2,363 71.87%	1,912 72.16%	1,726 73.63%	1,509 73.23%	1,257 69.96%	1,052 66.12%	840 61.29%	536 53.57%	323 45.45%	181 40.00%
China Mainland	1,755 15.81%	1,361 12.86%	964 10.02%	577 7.11%	434 6.94%	—	—	—	—	—	—	—	—	—	—	—	—
Canada	1,423 12.82%	1,412 13.33%	1,285 13.36%	1,163 14.34%	954 15.25%	673 15.28%	649 16.31%	565 17.19%	492 18.56%	447 19.07%	417 20.21%	434 24.17%	454 28.55%	462 33.68%	426 42.54%	372 52.21%	271 59.87%
Other geographic areas	1,302 11.72%	1,119 10.56%	853 8.87%	611 7.54%	436 6.97%	326 7.42%	476 11.96%	360 10.94%	246 9.27%	171 7.30%	135 6.56%	106 5.87%	85 5.33%	69 5.03%	39 3.89%	17 2.34%	1 0.13%
Hong Kong SAR, Taiwan, and Macau SAR	199 1.79%	180 1.70%	171 1.77%	105 1.30%	86 1.38%	—	—	—	—	—	—	—	—	—	—	—	—
Mexico	95 0.86%	33 0.31%	0 0.00%	0 0.00%	—	—	—	—	—	—	—	—	—	—	—	—	—
Americas	7,847	7,928	7,632	6,817	—	—	—	—	—	—	—	—	—	—	—	—	—
People's Republic of China	1,954	1,541	1,134	682	520	—	—	—	—	—	—	—	—	—	—	—	—
Revenue	11,103	10,588	9,619	8,111	6,257	4,402	3,979	3,288	2,649	2,344	2,061	1,797	1,591	1,370	1,001	712	453

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Company-operated store count	Q2 FY2027	825.00	784.00	+5.23%
Gross square feet added during the quarter	Q2 FY2027	100.0K	99.0K	+1.01%
Gross square feet lost during the quarter	Q2 FY2027	8.0K	3.0K	+166.67%
Net new company-operated stores	Q4 FY2026	15.00	18.00	−16.67%
Number of stores closed during the quarter	Q2 FY2027	2.00	1.00	+100.00%
Number of stores opened during the quarter	Q2 FY2027	11.00	15.00	−26.67%
Total comparable sales	Q1 FY2027	1.00%	1.00%	—
Total gross square feet	Q2 FY2027	3.9M	3.5M	+10.51%
Total international comparable sales	Q1 FY2027	13.0%	—	—

	Q2 FY2027	Q1 FY2027	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024
Company-operated store count	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross square feet added during the quarter	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross square feet lost during the quarter	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Net new company-operated stores	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Number of stores closed during the quarter	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Number of stores opened during the quarter	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total comparable sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total gross square feet	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total international comparable sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.