LULU · Q2 FY25 · May 5 – Aug 3, 2025
Lululemon Athletica Q2 FY25: where the revenue came from and where it went
Lululemon Athletica Q2 FY25: revenue $2.5B (+7% year over year). Net profit $0.4B. Largest cohort Womens Apparel $1.5B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- May 5 – Aug 3, 2025
- Reported
- Sep 4, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$2.5B
+7% year over year
Gross profit$1.5B
58% margin
Operating profit$0.5B
21% margin
Net profit$0.4B
15% margin
The numbers
| 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 |
Older quarters
-
Q1 FY26 5/2026Revenue $2.5B Net margin 8%
-
Q4 FY25 2/2026Revenue $3.6B Net margin 16%
-
Q3 FY25 11/2025Revenue $2.6B Net margin 12%
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