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Overview

lululemon athletica inc.

LULUNASDAQConsumer DiscretionaryApparel & Other Finishd Prods of Fabrics & Similar MatlCIK 0001397187Large-cap benchmark

Latest 10-K: FY2026, filed Mar 17, 2026 · Open the 10-K (Inline XBRL) ↗

Revenue
$11.10B
4.9%YoYup from FY2025
TotalRevenue
Gross profit
$6.28B
0.2%YoYup from FY2025
GrossProfit
Operating income
$2.21B
11.8%YoYdown from FY2025
OperatingIncome
Net income
$1.58B
13.0%YoYdown from FY2025
NetIncome
Diluted EPS
$13.26
9.4%YoYdown from FY2025
EPSDiluted
Diluted shares
119.1M
3.9%YoYdown from FY2025
WeightedAvgSharesDiluted

At a glance

Growth

  • lululemon athletica inc. reported revenue of $11.10B for fiscal 2026, up 4.9% from fiscal 2025.
  • Revenue grew faster than the median S&P 500 member in 4 of the last 4 fiscal years.

Profitability

  • Operating margin was 19.9% and net margin was 14.2%.

Per share

  • Diluted EPS was $13.26, down 9.4% from the prior year.
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Written from the filed figures on this page by fixed rules — no AI.

Data as of Oct 31, 2026 · Sources: SEC EDGAR 10-K

Financial statements

Annual figures from the 10-K, most recent fiscal year first.

Income Statement

5 annual periods

Chip: YoY change.

Income Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line itemFY2026FY2025FY2024FY2023FY20224Y CAGR
Revenue
$11.10B4.9%up
$10.59B10.1%up
Benchmark median 6.4%
$9.62B18.6%up
Benchmark median 4.5%
$8.11B29.6%up
Benchmark median 4.8%
$6.26B42.1%up
Benchmark median 10.3%
15.4%
Gross Profit
Median of 315 / 498
$6.28B0.2%up
$6.27B11.8%up
Benchmark median 6.8%
$5.61B24.9%up
Benchmark median 5.5%
$4.49B24.5%up
Benchmark median 5.2%
$3.61B46.5%up
Benchmark median 8.3%
14.9%
Operating Income
Median of 373 / 498
$2.21B11.8%down
$2.51B17.5%up
Benchmark median 7.3%
$2.13B60.5%up
Benchmark median 7.4%
$1.33B0.4%down
Benchmark median 4.9%
$1.33B62.6%up
Benchmark median 7.5%
13.5%
Net Income
$1.58B13.0%down
$1.81B17.1%up
Benchmark median 4.8%
$1.55B81.4%up
Benchmark median 5.7%
$0.85B12.4%down
Benchmark median 1.9%
$0.98B65.6%up
Benchmark median 1.3%
12.8%
EPS (Diluted)
$13.269.4%down
$14.6420.0%up
Benchmark median 6.2%
$12.2082.6%up
Benchmark median 7.9%
$6.6810.8%down
Benchmark median 1.9%
$7.4966.4%up
Benchmark median 1.5%
15.3%

Balance Sheet

5 annual periods

Chip: YoY change.

Balance Sheet, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line itemFY2026FY2025FY2024FY2023FY20224Y CAGR
Total Assets
$8.46B11.2%up
$7.60B7.2%up
Benchmark median 5.6%
$7.09B26.5%up
Benchmark median 3.4%
$5.61B13.4%up
Benchmark median 4.1%
$4.94B18.1%up
Benchmark median 2.2%
14.4%
Total Liabilities
Median of 357 / 498
$3.49B6.6%up
$3.28B14.7%up
Benchmark median 6.4%
$2.86B16.3%up
Benchmark median 1.9%
$2.46B11.6%up
Benchmark median 2.9%
$2.20B35.4%up
Benchmark median 2.0%
12.2%
Stockholders' Equity
$4.96B14.7%up
$4.32B2.2%up
Benchmark median 6.8%
$4.23B34.4%up
Benchmark median 5.4%
$3.15B14.9%up
Benchmark median 7.3%
$2.74B7.1%up
Benchmark median 2.5%
16.0%
Cash & Equivalents
—
—
—
—
—
—
Total Debt
—
—
—
—
—
—

Cash Flow Statement

5 annual periods

Chip: YoY change.

Cash Flow Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line itemFY2026FY2025FY2024FY2023FY20224Y CAGR
Operating Cash Flow
$1.60B29.5%down
$2.27B1.0%down
Benchmark median 6.3%
$2.30B137.6%up
Benchmark median 4.8%
$0.97B30.4%down
Benchmark median 9.9%
$1.39B72.9%up
Benchmark median -0.7%
3.6%
Capital Expenditures
$680.80M1.2%down
$689.23M5.7%up
Benchmark median 5.4%
$651.87M2.1%up
Benchmark median 2.8%
$638.66M61.9%up
Benchmark median 11.3%
$394.50M72.1%up
Benchmark median 14.0%
14.6%
Free Cash Flow
Median of 378 / 498
$0.92B41.8%down
$1.58B3.7%down
Benchmark median 7.3%
$1.64B401.6%up
Benchmark median 6.1%
$0.33B67.0%down
Benchmark median 8.8%
$0.99B73.2%up
Benchmark median -11.3%
-1.9%

n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.

Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology

Ratios & valuation

FY2026

Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.

Valuation · Earnings yield

What a dollar of market value earned

7.6%

Wall Street

on net earnings

FY2025 3.5%

4.4%

Value investor

on free cash flow

FY2025 3.1%

Gap −3.2 pts: Value-investor figure 3.2 points lower

How it’s calculated

Wall Street · on net earnings

Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)

pe_ratio (ratio table)

P/E 13.2×

Value investor · on free cash flow

(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)

free cash flow ÷ market cap

Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.

Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.

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Smart money

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Peers, filings & research

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Research Reports

No published research on LULU yet.

Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on LULU and publish the result to your public profile.

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Cite this page

Data as of Oct 31, 2026. Canonical address: https://valuein.biz/data/LULU

APA-style text
Valuein. (2026, October 31). lululemon athletica inc. (LULU) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/LULU
BibTeX
@misc{valuein_lulu_2026,
  author = {{Valuein}},
  title = {lululemon athletica inc. (LULU) financial statements, earnings power and smart-money summary},
  year = {2026},
  howpublished = {\url{https://valuein.biz/data/LULU}},
  note = {Data as of 2026-10-31; source: SEC EDGAR filings}
}
Open 10-K in SEC Inline XBRL viewer

10-K filed Mar 17, 2026 · accession 0001397187-26-000020

Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.

point-in-time · survivorship-free · every number traceable to its SEC filing

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