Lululemon Athletica Q1 FY26: where the revenue came from and where it went
The whole income statement of Lululemon Athletica for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Feb 2 – May 3, 2026
- Reported
- Jun 4, 2026
Revenue$2.47B
+4% year over year
Gross profit$1.34B
54% margin
Operating profit$0.28B
11% margin
Net profit$0.20B
8% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.47 | 100% | +4% |
| Womens apparel | 1.60 | 65% | +4% |
| Mens apparel | 0.58 | 23% | +7% |
| Accessories | 0.29 | 12% | −1% |
| Cost of revenue | −1.13 | 46% | |
| Gross profit | 1.34 | 54% margin | −4pp |
| SG&A | −1.06 | 43% | +3pp |
| Operating profit | 0.28 | 11% margin | −7pp |
| Tax | −0.08 | ||
| Net profit | 0.20 | 8% margin | −5pp |
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