LULU · Lululemon Athletica Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · LULU

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2026	FY 2024	FY 2023	FY 2022	FY 2021
Revenue	$11.10B	$1.44B◇	$10.59B	$9.62B	$8.11B	$6.26B
Cost of Revenue	$4.82B	-	$4.32B	$4.01B	$3.62B	$2.65B
Gross Profit	$6.28B	$6.28B◇	$6.27B	$5.61B	$4.49B	$3.61B
R&D	-	-	-	-	-	-
SG&A	$4.07B	$471.06M◇	$3.76B	$3.40B	$2.76B	$2.23B
Total Operating Expenses	-	-	-	-	-	-
D&A	$496.23M	-	$446.52M	$379.38M	$291.79M	$224.21M
Operating Income	$2.21B	$3.61B◇	$2.51B	$2.13B	$1.33B	$1.33B
Interest Expense	-	-	-	-	-	-
Income Tax	$659.78M	$659.78M◇	$761.46M	$625.54M	$477.77M	$358.55M
Net Income	$1.58B	$1.58B◇	$1.81B	$1.55B	$975.32M	$975.32M
EPS - Basic	$13.27	$13.27◇	$14.67	$12.23	$6.70	$7.52
EPS - Diluted	$13.26	$13.26◇	$14.64	$12.20	$6.68	$7.49

Balance Sheet

Line item	FY 2025	FY 2026	FY 2024	FY 2023	FY 2022	FY 2021
Cash & Equivalents	$1.81B	-	$1.98B	$2.24B	$1.15B	$1.26B
Accounts Receivable	$190.66M	-	$120.17M	$124.77M	$132.91M	$77.00M
Inventory	$1.70B	-	$1.44B	$1.32B	$1.45B	$966.48M
Accounts Payable	$331.42M	-	$271.41M	$348.44M	$172.73M	$289.73M
Current Assets	$4.26B	$4.26B◇	$3.98B	$4.06B	$3.16B	$2.61B
Total Assets	$8.46B	$8.46B◇	$7.60B	$7.09B	$5.61B	$4.94B
Current Liabilities	$1.89B	$1.89B◇	$1.84B	$1.63B	$1.49B	$1.41B
Long-term Debt	-	-	-	-	-	-
Total Liabilities	$3.49B	$3.49B◇	$3.28B	$2.86B	$2.46B	$2.20B
Stockholders' Equity	$4.96B	$0◇	$4.32B	$4.23B	$3.15B	$2.74B
Retained Earnings	$4.52B	-	$4.11B	$3.92B	$2.93B	$2.51B

Cash Flow

Line item	FY 2025	FY 2026	FY 2024	FY 2023	FY 2022	FY 2021
Operating Cash Flow	$1.60B	$1.60B◇	$2.27B	$2.30B	$966.46M	$1.39B
Investing Cash Flow	($662.12M)	($662.12M)◇	($798.17M)	($654.13M)	($569.94M)	($427.89M)
Financing Cash Flow	($1.21B)	($1.21B)◇	($1.65B)	($548.83M)	($467.49M)	($844.99M)
CapEx	$680.80M	$680.80M◇	$689.23M	$651.87M	$638.66M	$394.50M
Free Cash Flow	$921.67M	$921.67M◇	$1.58B	$1.64B	$327.81M	$994.61M

Ratios

Metric	FY 2025	FY 2026	FY 2024	FY 2023	FY 2022	FY 2021
Profitability
Gross margin	56.6%	435.4%	59.2%	58.3%	55.4%	57.7%
Operating margin	19.9%	250.0%	23.7%	22.2%	16.4%	21.3%
EBITDA margin	24.4%	-	27.9%	26.1%	20.0%	24.9%
Net margin	14.2%	109.4%	17.1%	16.1%	12.0%	15.6%
Free cash flow margin	8.3%	63.9%	15.0%	17.1%	4.0%	15.9%
FCF / Net income	0.58	0.58	0.87	1.06	0.34	1.02
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	36.6%	32.6%	35.5%	35.3%	34.0%	35.6%
Effective tax rate	29.5%	29.5%	29.6%	28.8%	32.9%	26.9%
Return on assets	18.7%	18.7%	23.9%	21.9%	17.4%	19.7%
Return on equity	31.8%	-	42.0%	36.6%	31.0%	35.6%
Return on invested capital	-	-	-	-	-	-
Liquidity
Current ratio	2.26	2.26	2.16	2.49	2.12	1.86
Quick ratio	1.36	2.26	1.38	1.68	1.15	1.17
Cash ratio	0.96	-	1.08	1.38	0.77	0.90
Leverage
Debt / Equity	-	-	-	-	-	-
Debt / Assets	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	-	-	-	-	-	-
Equity multiplier	1.70	-	1.76	1.68	1.78	1.80
Liabilities / Assets	0.41	0.41	0.43	0.40	0.44	0.45
Efficiency
Asset turnover	1.31	0.17	1.39	1.36	1.45	1.27
Inventory turnover	2.83	-	2.99	3.03	2.50	2.74
Days sales outstanding	6d	-	4d	5d	6d	4d
Days inventory outstanding	129d	-	122d	120d	146d	133d
Days payable outstanding	25d	-	23d	32d	17d	40d
Cash conversion cycle	110d	-	103d	93d	135d	98d
Valuation
P / E	13.2x	13.2x	28.3x	39.2x	46.5x	42.2x
P / B	4.2x	-	11.9x	14.4x	12.6x	15.0x
P / S	1.9x	14.4x	4.8x	6.3x	4.9x	6.6x
EV / EBITDA	7.0x	-	16.7x	23.3x	23.8x	25.6x
Growth
Revenue growth (YoY)	4.9%	-87.0%	10.1%	18.6%	29.6%	42.1%
Revenue CAGR (3y)	11.0%	-46.9%	19.2%	29.8%	35.1%	-
Revenue CAGR (5y)	20.3%	-25.4%	26.3%	-	25.1%	21.7%
Gross profit growth (YoY)	0.2%	0.0%	11.8%	24.9%	24.5%	46.5%
Operating income growth (YoY)	-11.8%	63.2%	17.5%	60.5%	-0.4%	62.6%
Net income growth (YoY)	-13.0%	0.0%	17.1%	58.9%	0.0%	65.6%
EPS growth (YoY)	-9.4%	0.0%	20.0%	82.6%	-10.8%	66.4%
EPS CAGR (3y)	25.7%	2.8%	25.0%	39.4%	10.7%	27.5%
EPS CAGR (5y)	24.1%	12.1%	24.3%	27.6%	28.6%	27.6%
FCF growth (YoY)	-41.8%	0.0%	-3.7%	401.6%	-67.0%	73.2%
FCF CAGR (5y)	9.9%	-1.5%	32.6%	26.0%	-0.2%	33.4%
Book value growth (YoY)	14.7%	-	2.2%	34.4%	14.9%	7.1%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2026-02-01.

Business segments

$11.10B total

Americas Segment$7.85B · 70.7%

China Mainland Segment$1.75B · 15.8%

Other Country Segment$1.50B · 13.5%

Product / service

$11.10B total

Womens Apparel$7.00B · 63.0%

Mens Apparel$2.66B · 24.0%

Accessories And Other Categories$1.44B · 13.0%

Geographic

$20.90B total

Americas$7.85B · 37.5%

US$6.33B · 30.3%

CN$1.95B · 9.3%

China Mainland$1.75B · 8.4%

CA$1.42B · 6.8%

Rest Of World$1.30B · 6.2%

Hong Kong SARTaiwan And Macau SAR$199.08M · 1.0%

MX$95.49M · 0.5%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

3.37

Safe

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

5/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
✓Current ratio improved
✓No share dilution
✗Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Apparel & Other Finishd Prods of Fabrics & Similar Matl

Company	Revenue (last FY)	Net margin	ROE
LEVI	$6.28B	9.2%	25.4%
CRI	$2.90B	3.2%	9.9%
UA	$4.97B	-10.0%	-35.0%
COLM	$3.40B	6.6%	13.1%
FIGS	$631.10M	5.4%	7.8%

Comparing lululemon athletica inc. against the 5 most active filers in the same SIC group.

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.