LULU · Q1 FY26 · May 3, 2026
Lululemon Athletica Q1 FY26: where the revenue came from and where it went
Lululemon Athletica Q1 FY26: revenue $2.5B (+4% year over year). Net profit $0.2B. Largest cohort Womens Apparel $1.6B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- May 3, 2026
- Reported
- Jun 4, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$2.5B
+4% year over year
Gross profit$1.3B
54% margin
Operating profit$0.3B
11% margin
Net profit$0.2B
8% margin
The numbers
| 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 |
Older quarters
-
Q4 FY25 2/2026Revenue $3.6B Net margin 16%
-
Q3 FY25 11/2025Revenue $2.6B Net margin 12%
-
Q2 FY25 8/2025Revenue $2.5B Net margin 15%
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