Lululemon AthleticaLULUEarnings & Financial Report
Lululemon, commonly styled as lululemon, is an American-Canadian multinational athletic apparel retailer headquartered in Vancouver, British Columbia, and incorporated in Delaware, United States, as Lululemon Athletica Inc. It was founded in 1998 as a retailer of yoga pants and other yoga wear, and has expanded to also sell sportswear, lifestyle apparel, accessories and personal care products. The company has 767 stores and also processes sales online through its website.
LULU Q3 FY2026 Key Financial Metrics
Revenue
$2.6B
Gross Profit
$1.4B
Operating Profit
$435.9M
Net Profit
$306.8M
Gross Margin
55.6%
Operating Margin
17.0%
Net Margin
12.0%
YoY Growth
7.1%
EPS
$2.59
Lululemon Athletica Q3 FY2026 Financial Summary
Lululemon Athletica reported revenue of $2.6B (up 7.1% YoY) for Q3 FY2026, with a net profit of $306.8M (down 12.8% YoY) (12.0% margin). Cost of goods sold was $1.1B, operating expenses totaled $990.0M.
Key Financial Metrics
| Total Revenue | $2.6B |
|---|---|
| Net Profit | $306.8M |
| Gross Margin | 55.6% |
| Operating Margin | 17.0% |
| Report Period | Q3 FY2026 |
Revenue Breakdown
Lululemon Athletica Q3 FY2026 revenue of $2.6B breaks down across 3 segments, led by Womens Apparel at $1.6B (64.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Womens Apparel | $1.6B | 64.1% |
| Mens Apparel | $596.2M | 23.2% |
| Accessories And Other Categories | $324.7M | 12.7% |
Lululemon Athletica Revenue by Segment — Quarterly Trend
Lululemon Athletica revenue by segment across the last 4 reported quarters, showing how each business line (such as Womens Apparel and Mens Apparel) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Womens Apparel | $1.6B | — | — | — |
| Mens Apparel | $596.2M | $624.6M | — | — |
| Accessories And Other Categories | $324.7M | $353.3M | $474.5M | — |
Lululemon Athletica Annual Revenue by Year
Lululemon Athletica annual revenue history includes year-by-year totals (for example, 2025 revenue was $10.6B).
Lululemon Athletica Quarterly Revenue & Net Profit History
Lululemon Athletica results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $2.6B | +7.1% | $306.8M | 12.0% |
| Q2 FY2026 | $2.5B | +6.5% | $370.9M | 14.7% |
| Q1 FY2026 | $2.4B | +7.3% | $314.6M | 13.3% |
| Q4 FY2025 | $3.6B | +12.7% | $748.4M | 20.7% |
| Q3 FY2025 | $2.4B | +8.7% | $351.9M | 14.7% |
| Q2 FY2025 | $2.4B | +7.3% | $392.9M | 16.6% |
| Q1 FY2025 | $2.2B | +10.4% | $321.4M | 14.6% |
| Q4 FY2024 | $3.2B | +15.6% | $669.5M | 20.9% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.21B | $2.21B | $2.37B | $2.40B | $3.61B | $2.37B | $2.53B | $2.57B |
| YoY Growth | 15.6% | 10.4% | 7.3% | 8.7% | 12.7% | 7.3% | 6.5% | 7.1% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.09B | $6.83B | $6.74B | $7.08B | $7.60B | $7.43B | $7.52B | $7.96B |
| Liabilities | $2.86B | $2.61B | $2.71B | $3.10B | $3.28B | $3.14B | $3.14B | $3.45B |
| Equity | $4.23B | $4.22B | $4.03B | $3.99B | $4.32B | $4.29B | $4.39B | $4.50B |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.38B | $127.5M | $443.1M | $300.7M | $1.40B | $-119.0M | $328.7M | $249.9M |