Lululemon Athletica

LULU · Consumer Discretionary · Market cap $12.7B

Q1 FY26 May 3, 2026 reported Jun 4, 2026

Revenue$2.5B +4% year over year

Gross profit$1.3B

Operating profit$0.3B

Net profit$0.2B 8% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q1 FY26 (period ends May 3, 2026).
Item	Value	Share of revenue	Year over year
Revenue	2.5	100%	+4%
Womens Apparel	1.6	64%	+4%
Mens Apparel	0.6	24%	+7%
Accessories and Other Categories	0.3	12%	−1%
Cost of revenue	−1.1	44%
Gross profit	1.3	54% margin	−4pp
SG&A	−1.1	43%	+3pp
Operating profit	0.3	11% margin	−7pp
Tax	−0.1
Net profit	0.2	8%	−5pp

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Feb 1, 2026).
Item	Value	Share of revenue	Year over year
Revenue	3.6	100%	+1%
Womens Apparel	2.3	64%	+2%
Mens Apparel	0.9	25%	−2%
Accessories and Other Categories	0.5	14%	+0%
Cost of revenue	−1.6	44%
Gross profit	2	55% margin	−6pp
SG&A	−1.2	33%	+1pp
Operating profit	0.8	22% margin	−7pp
Tax	−0.2
Net profit	0.6	16%	−5pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Nov 2, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.6	100%	+7%
Womens Apparel	1.6	62%	+6%
Mens Apparel	0.6	23%	+8%
Accessories and Other Categories	0.3	12%	+12%
Cost of revenue	−1.1	42%
Gross profit	1.4	56% margin	−3pp
SG&A	−1	39%	+1pp
Operating profit	0.4	17% margin	−3pp
Tax	−0.1
Net profit	0.3	12%	−3pp

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Aug 3, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.5	100%	+7%
Womens Apparel	1.5	60%	+5%
Mens Apparel	0.6	24%	+6%
Accessories and Other Categories	0.4	16%	+15%
Cost of revenue	−1	40%
Gross profit	1.5	58% margin	−1pp
SG&A	−1	38%	+1pp
Operating profit	0.5	21% margin	−2pp
Tax	−0.1
Net profit	0.4	15%	−2pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26	May 3, 2026	Jun 4, 2026	$2.5B	+4%	12%	$0.2B	8%
Q4 FY25	Nov 3, 2025 – Feb 1, 2026	Mar 17, 2026	$3.6B	+1%	22%	$0.6B	16%
Q3 FY25	Aug 4 – Nov 2, 2025	Dec 11, 2025	$2.6B	+7%	15%	$0.3B	12%
Q2 FY25	May 5 – Aug 3, 2025	Sep 4, 2025	$2.5B	+7%	20%	$0.4B	15%