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Nasdaq · Consumer Discretionary

lululemon athletica inc. (LULU)

As-reported financials and SEC filings for lululemon athletica inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About lululemon athletica inc.

lululemon athletica inc. designs, distributes, and retails technical athletic apparel, footwear, and accessories primarily under the lululemon brand. Its product range includes pants, shorts, tops, jackets, and fitness-inspired accessories for activities such as yoga, running, and training. The company serves customers globally through company-operated stores, e-commerce platforms, and wholesale partnerships across the Americas, China Mainland, Asia Pacific, and Europe and the Middle East.

Snapshot

Revenue
$11.10B
Revenue growth (YoY)
4.9%
Net income
$1.58B
Diluted EPS
$13.26
Gross margin
56.6%
Operating margin
19.9%
Net margin
14.2%
FCF margin
8.3%
ROE
31.8%
net income / fiscal-year-end equity
P/E
8.2×
trailing when available, otherwise FY EPS
Market cap
$10.73B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended February 1, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at lululemon athletica

  • Revenue grew 4.9% to $11.1B in FY2025, slower than the 10.1% the year before.
  • Operating margin is 19.9% in FY2025, -1.4 pp against 21.3% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $2.4B, down 4.3% from Q2 FY2025.
  • Free cash flow was $922M in FY2025, 8.3% of revenue.
  • Net income fell 13.0% to $1.6B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where lululemon athletica’s fundamentals sit among the 403 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin56.6%
83rd percentile of 275
Operating margin19.9%
91st percentile of 348
Net margin14.2%
91st percentile of 377
FCF margin8.3%
73rd percentile of 352
Revenue growth (YoY)+4.9%
58th percentile of 394
ROE31.8%
85th percentile of 343
P/E8.2×
13th percentile of 249
Short interest3.34d
34th percentile of 401

lululemon athletica’s operating margin of 19.9% ranks in the 91st percentile of the 348 Consumer Discretionary companies reporting it. lululemon athletica’s net margin of 14.2% ranks in the 91st percentile of the 377 Consumer Discretionary companies reporting it. lululemon athletica’s P/E of 8.2 ranks in the 13th percentile of the 249 peers with a meaningful P/E.

1 reported insider purchase (code P) totaling $500,384 in the last 90 days. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
4
+6 quant / multi-strat
Initiated / added
6
1 new, 5 added
Reduced / exited
7
4 trimmed, 3 exited
Combined position
$410.0M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$122.7M1.1MAdded
AQR Capital ManagementquantQ2 2026$101.5M901.6KReduced
Gotham Asset ManagementQ2 2026$59.4M519.9KAdded
Renaissance TechnologiesquantQ2 2026$43.1M377.8KNew
D. E. ShawquantQ2 2026$24.4M214.0KReduced
Millennium ManagementquantQ2 2026$21.5M188.6KAdded
Scion Asset ManagementQ3 2025$17.8M100.0KAdded
Giverny CapitalQ2 2026$14.7M128.8KReduced
Bridgewater AssociatesQ2 2026$3.3M28.9KAdded
Two Sigma InvestmentsquantQ2 2026$1.6M13.7KReduced

No longer held by: Point72 Asset Management (as of Q2 2026), Soros Fund Management (as of Q2 2026), Viking Global Investors (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
1
1 insider
Bought (90d)
$500K
code P value
Sells (90d)
0
Reported activity
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-15
filed 2026-06-16
Bergh Charles VDirectorBuy4.3K$117.05$500K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
13.5M
settled 2026-08-31
Change vs prior
+24.6%
vs previous settlement
Days to cover
3.34
at avg daily volume
Avg daily volume
4.0M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-3113.5M+24.6%3.34
2026-08-1410.8M+9.7%4.36
2026-07-319.8M-1.5%4.01
2026-07-1510.0M+1.4%3.90
2026-06-309.9M+13.6%2.36
2026-06-158.7M+19.9%1.61
2026-05-297.2M+14.0%2.34
2026-05-156.3M+14.4%1.92

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$11.10B$10.59B$9.62B$8.11B$6.26B
Gross profit$6.28B$6.27B$5.61B$4.49B$3.61B
Operating income$2.21B$2.51B$2.13B$1.33B$1.33B
Net income$1.58B$1.81B$1.55B$854.8M$975.3M
Diluted EPS$13.26$14.64$12.20$6.68$7.49

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$1.81B$1.98B$2.24B$1.15B$1.26B
Current assets$4.26B$3.98B$4.06B$3.16B$2.61B
Total assets$8.46B$7.60B$7.09B$5.61B$4.94B
Current liabilities$1.89B$1.84B$1.63B$1.49B$1.41B
Long-term debt
Total liabilities$3.49B$3.28B$2.86B$2.46B$2.20B
Total equity$4.96B$4.32B$4.23B$3.15B$2.74B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.60B$2.27B$2.30B$966.5M$1.39B
Capital expenditure$680.8M$689.2M$651.9M$638.7M$394.5M
Free cash flow$921.7M$1.58B$1.64B$327.8M$994.6M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$2.42B-4.3%$329.2M$2.92
Q1 FY2026$2.47B4.3%$195.0M$1.69
Q4 FY2025$3.64B0.8%$586.9M$5.01
Q3 FY2025$2.57B7.1%$306.8M$2.59
Q2 FY2025$2.53B6.5%$370.9M$3.10
Q1 FY2025$2.37B7.3%$314.6M$2.60
Q4 FY2024$3.61B12.7%$748.4M$6.14
Q3 FY2024$2.40B8.7%$351.9M$2.87

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorConsumer Discretionary
SIC industryApparel & Other Finishd Prods of Fabrics & Similar Matl
Latest annual periodFY2025 (ended February 1, 2026)
Latest reported quarterQ2 FY2026 (ended August 2, 2026)
Oldest indexed filing2012
SEC CIK1397187

Selected SEC filings

10-K2026-03-17
View on EDGAR →
10-K2025-03-27
View on EDGAR →
10-Q2026-09-03
View on EDGAR →
10-Q2026-06-04
View on EDGAR →
10-Q2025-12-11
View on EDGAR →
10-Q2025-09-04
View on EDGAR →
8-K2026-09-03
View on EDGAR →
8-K2026-08-13
View on EDGAR →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.