Income StatementBalance SheetCash FlowSegments
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Burlington Stores Income Statement

Revenue, expenses, and profitability over time

Burlington Stores generated $11.9B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $624.1M with a 5.24% net margin. Diluted EPS is $9.72, which grew 0.2% year-over-year. Based on the Q2 2026 filing.

Total Revenue (TTM)$11.9BGross Profit (TTM)$5.2BNet Income (TTM)$624.1MEps Diluted (TTM)$9.72
Latest FilingQ2 2026
Report Date2026-05-28
Market Cap$18.9B
P/E Ratio30.26
ROE39.14%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Stock-Based Compensation Expense$18.3M$21.8M$32.4M$27.4M$25.0M$36.3M
Share-Based Compensation Expense$18.3M$21.8M$32.4M$27.4M$25.0M$36.3M
Operating Lease Cost—$164.8M$168.7M$174.6M—$179.8M
Compensation and benefits—$21.8M$32.4M$27.4M—$36.3M
Total Lease Cost—$233.4M$238.3M$246.2M—$251.0M
Depreciation and amortization$91.5M$91.8M$94.8M$99.3M$132.0M$104.6M
Finance Lease ROU Asset Amortization—$566.0K$566.0K$566.0K—$566.0K
Total Lease Cost—$233.4M$238.3M$246.2M—$251.0M
Operating Lease Cost—$164.8M$168.7M$174.6M—$179.8M
Total Lease Cost—$233.4M$238.3M$246.2M—$251.0M
Impairment charges$1.6M$500.0K$1.6M$3.8M$4.0M$800.0K
Impairment of Goodwill and Purchased Intangible Assets$1.7M$516.0K$1.6M$3.8M$4.0M$807.0K
Lease Cost—$233.4M$238.3M$246.2M—$251.0M
Operating Lease Cost—$164.8M$168.7M$174.6M—$179.8M
Stock-based compensation expense$18.3M$21.8M$32.4M$27.4M$25.0M$36.3M
Variable Lease Cost—$67.7M$68.7M$70.7M—$70.4M
Finance Lease ROU Asset Amortization—$566.0K$566.0K$566.0K—$566.0K
Occupancy and equipment—$231.0M$237.2M$245.1M—$249.8M
Other operating expenses—-$4.5M-$1.5M-$3.1M—$2.0M
Goodwill and indefinite-lived intangible asset impairment$1.7M$516.0K$1.6M$3.8M$4.0M$807.0K
Selling, general and administrative$964.7M$868.1M$949.9M$947.5M$1.1B$989.4M
Share-Based Compensation$18.3M$21.8M$32.4M$27.4M$25.0M$36.3M
Amortization of Right-of-Use Assets—$566.0K$566.0K$566.0K—$566.0K
Variable Lease Expense—$67.7M$68.7M$70.7M—$70.4M
Total operating expenses$2.9B$2.4B$2.6B$2.6B$3.2B$2.7B
Variable Lease Cost—$67.7M$68.7M$70.7M—$70.4M
Lease Costs—$233.4M$238.3M$246.2M—$251.0M
Operating Lease Cost—$164.8M$168.7M$174.6M—$179.8M
Variable Lease Cost—$67.7M$68.7M$70.7M—$70.4M
Variable Lease Cost—$67.7M$68.7M$70.7M—$70.4M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effective Tax Rate (Continuing Operations)—$0.2$0.3$0.2—$0.2
Effective Tax Rate—$0.2$0.3$0.2—$0.2
Cash Paid for Income Taxes$32.8M$1.0K$119.7M$21.7M$29.5M$4.1M
Effective Tax Rate, Continuing Operations—$0.2$0.3$0.2—$0.2
Stock-Based Compensation Tax Benefit—$4.2M$5.9M$4.9M—$7.2M
Effective Income Tax Rate, Continuing Operations—$0.2$0.3$0.2—$0.2
Effective Tax Rate—$0.2$0.3$0.2—$0.2
Effective Tax Rate (Continuing Operations)—$0.2$0.3$0.2—$0.2
Income Taxes Paid, Net$32.8M$1.0K$119.7M$21.7M$29.5M$4.1M
Share-Based Compensation Tax Benefit—$4.2M$5.9M$4.9M—$7.2M
Income tax expense$86.7M$32.0M$33.1M$33.3M$107.5M$27.9M
Effective Tax Rate (Continuing Operations)—$0.2$0.3$0.2—$0.2
Share-Based Compensation Tax Benefit—$4.2M$5.9M$4.9M—$7.2M
Deferred Income Tax Expense (Benefit)—-$3.9M$19.6M$7.7M—$20.0M
Effective Tax Rate (Continuing Operations)—$0.2$0.3$0.2—$0.2
Income Taxes Paid, Net$32.8M$1.0K$119.7M$21.7M$29.5M$4.1M
Effective Income Tax Rate—$0.2$0.3$0.2—$0.2
Effective Tax Rate, Continuing Operations—$0.2$0.3$0.2—$0.2
Income and Other Taxes$32.8M$1.0K$119.7M$21.7M$29.5M$4.1M
Effective Tax Rate Continuing Operations—$0.2$0.3$0.2—$0.2

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital Expenditures$353.3M$409.7M$179.5M$253.0M$217.6M$288.7M
Change in Accounts Receivable—$18.7M$4.6M$5.1M—$9.8M
Share-Based Payment Tax Withholding Decrease—$22.3M$1.5M$2.4M—$53.5M
Other Comprehensive Income (Loss), Net of Tax—-$15.5M-$10.2M-$3.0M—$5.2M
Reclassifications Net of Tax—$100.8M$94.2M$104.8M—$114.7M
Change in Inventories—$64.5M$99.5M$243.6M—$132.3M
Change in Prepaid Expenses and Other Assets—-$7.7M$50.7M——$78.3M
Finance Lease Interest Paid—$337.0K$329.0K$323.0K—$307.0K
Finance Lease Principal Paid—$536.0K$544.0K$563.0K—$803.0K
Net Change in Cash and Restricted Cash—-$623.6M—-$163.5M—-$485.2M
Operating Lease Payments—$166.8M$169.2M$174.8M—$181.1M
ROU Asset Obtained - Operating Lease—$141.3M$248.5M$223.5M—$152.4M
OCI Attributable to Parent—-$15.5M-$10.2M-$3.0M—$5.2M
Number of reportable segments—1.00———1.00
Income Taxes Paid, Net$32.8M$1.0K$119.7M$21.7M$29.5M$4.1M
Interest Paid, Net$22.7M$21.2M$27.6M$27.1M$0.0$16.3M
Tax effect of unrealized gain (loss) on cash flow hedges—$1.1M$1.1M$1.2M—$700.0K
Share-Based Payment Arrangement, Decrease for Tax Withholding Obligation—$22.3M$1.5M$2.4M—$53.5M
Share-based compensation expense related to employee stock plans—$21.8M$32.4M$27.4M—$36.3M
Amortization Of Financing Costs$794.0K$754.0K$666.0K$721.0K$725.0K$670.0K
Asset Impairment Carrying Value Related To Right Of Use Assets—$15.0M$3.4M$12.9M—$20.8M
Capital investments accrued but not yet paid$9.6M$118.5M$47.8M—$29.1M$131.0M
Cash Received From Landlords—$7.8M$5.8M$17.5M—$20.1M
Comprehensive Income (Loss), Net of Tax, Attributable to Parent—$85.3M$84.0M$101.8M—$120.0M
Costs Related To Debt Amendments And Inducement Charges—$112.0K———$15.3M
Debt Conversion Converted Instrument Amount1—————$44.4M
Deferred taxes$3.5M-$3.9M$19.6M$7.7M$4.4M$20.0M
Effective tax rates—$0.2$0.3$0.2—$0.2
Share-Based Payment Arrangement, Expense, Tax Benefit—$4.2M$5.9M$4.9M—$7.2M
Excise Tax—$600.0K$200.0K$500.0K——
Finance Lease Principal Payments—$536.0K$544.0K$563.0K—$803.0K
Gain Loss On Sale And Lease Back Transaction—$1.0M————
Impairment Of Long Lived Assets Held For Use—$500.0K$1.6M$3.8M—$800.0K
Income Taxes Paid, Net$32.8M$1.0K$119.7M$21.7M$29.5M$4.1M
Increase (Decrease) in Accounts Payable, Trade—-$118.5M—$95.6M-$102.0M$36.5M
Increase (Decrease) in Accounts Receivable—$18.7M$4.6M$5.1M—$9.8M
Increase (Decrease) in Inventories—$64.5M$99.5M$243.6M—$132.3M
Increase Decrease In Lease Acquisition Costs$2.3M$8.4M$11.5M$3.4M$0.0$923.0K
Increase (decrease) in other current liabilities$32.9M-$48.2M-$12.7M$41.1M$51.4M-$70.0M
Increase (Decrease) in Other Operating Assets and Liabilities, Net-$760.0K$193.0K$1.8M$3.2M—-$1.7M
Increase (Decrease) in Prepaid Expense and Other Assets$6.4M-$7.7M$50.7M-$34.0K-$117.7M$78.3M
Inducement Charges—————$15.3M
Interest Paid, Excluding Capitalized Interest, Operating Activity$22.7M$21.2M$27.6M$27.1M$0.0$16.3M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation—-$182.0M$365.8M——-$257.0M
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$346.4M-$412.7M-$168.7M-$256.4M-$217.2M-$289.7M
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$543.2M-$28.9M$179.4M$143.3M$937.5M$61.5M
Net Removal Costs Payments For Proceeds From Sale Of Property And Equipment And Assets Held For Sale—-$5.4M-$22.3M——$16.0K
Non Cash Lease Expense—-$2.0M-$532.0K-$153.0K—-$1.3M
Number of reportable segments—$1.0———$1.0
Number Of Store That Has Not Yet Taken Possession Of The Space—73.001.00——89.00
Occupancy and Related Charges—$231.0M$237.2M$245.1M—$249.8M
Operating Lease Payments—$166.8M$169.2M$174.8M—$181.1M
Net gains (losses) deferred—-$12.5M-$7.1M$199.0K—$7.2M
Other comprehensive income/(loss)—-$15.5M-$10.2M-$3.0M—$5.2M
Membership and other income$5.0M$3.9M$4.0M$4.4M$4.9M$4.2M
Other income, net (Note 6)$4.7M$5.5M$5.6M$2.3M$22.0M$1.4M
All other operating activities-$3.1M-$4.5M-$1.5M-$3.1M—$2.0M
Payments for Repurchase of Common Stock$62.1M$127.6M$27.3M$63.3M$60.2M$134.3M
Payments to Acquire Property, Plant, and Equipment$353.3M$409.7M$179.5M$253.0M$217.6M$288.7M
Financing — other$2.2M$2.1M-$3.1M$1.9M-$8.8M-$854.0K
Cash received from option exercises$3.1M$2.8M$5.7M$15.3M$1.6M$11.2M
Product Sourcing Costs—$196.8M$209.0M$214.0M—$215.5M
Repayments Of Convertible Debt—$156.2M———$128.6M
Revenue From Contract With Customer Excluding Assessed Tax$3.3B$2.5B$2.7B$2.7B$3.6B$2.9B
Right Of Use Asset Obtained In Exchange For Operating Lease Liability—$141.3M$248.5M$223.5M—$152.4M
Segment Reporting, Other Segment Item, Amount—$671.2M$740.9M$733.5M—$773.8M
Stock-based compensation$18.3M$21.8M$32.4M$27.4M$25.0M$36.3M
Granted (in shares)—0589——0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures in Period—15.3K9.6K11.7K—2.4K
Intrinsic value of stock options exercised—$2.2M$2.0M$10.8M—$8.3M
Options canceled (in dollars per share)—$202.07$2.74$2.70—$195.38
Granted (in shares)—$273.66———$0.00
Exercised (in shares)—$134.71$27.33$4.85—$180.18
Stock Issued During Period Share Exercise Of Stock Options Vesting Of Restricted Stock—660K579K730K—988K
Stock Issued During Period Shares Conversion Of Convertible Securities—257K253K356K—396K
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period—20.5K31.5K90K—61.9K
Stock Issued During Period, Value, Conversion of Convertible Securities—-$4.0K———-$3.9M
Stock Issued During Period, Value, Stock Options Exercised—$2.8M$5.7M$15.3M—$11.2M
Treasury stock, value, acquired—$105.9M$26.1M$61.3M—$80.8M
Unrealized Gain (Loss) on Derivatives, Net—$4.5M$2.6M$100.0K—$2.6M
Cash Flow Hedge Reclassification, Tax—$1.1M$1.1M$1.2M—$700.0K
Cash Flow Hedge Reclassification, After Tax—$3.0M$3.1M$3.2M—$2.0M
Other Comprehensive Income (Loss)—$85.3M$84.0M$101.8M—$120.0M
Other Comprehensive Income (Loss), Net of Tax, Attributable to Parent—-$15.5M-$10.2M-$3.0M—$5.2M
OCI Net of Tax, Parent—-$15.5M-$10.2M-$3.0M—$5.2M
OCI Attributable to Parent—-$15.5M-$10.2M-$3.0M—$5.2M
Stock Repurchased During Period, Value—$127.6M$27.3M$63.3M—$134.3M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders—$100.8M$94.2M$104.8M—$114.7M
Net Income Allocated to Common (Diluted)—$100.8M$94.2M$104.8M—$114.7M
Net earnings to common—$100.8M$94.2M$104.8M—$114.7M
Net Income Available to Common Stockholders (Diluted)—$100.8M$94.2M$104.8M—$114.7M
Net Income Available to Common Shareholders—$100.8M$94.2M$104.8M—$114.7M
OCI Attributable to Parent—-$15.5M-$10.2M-$3.0M—$5.2M
Net income$260.8M$100.8M$94.2M$104.8M$310.4M$114.7M
Net income attributable to common stock—$100.8M$94.2M$104.8M—$114.7M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash Paid for Interest$22.7M$21.2M$27.6M$27.1M$0.0$16.3M
Finance Lease Interest Payment—$337.0K$329.0K$323.0K—$307.0K
Other Charges$4.7M$5.5M$5.6M$2.3M$22.0M$1.4M
Interest expense$18.5M$15.8M$33.0M$19.2M$18.7M$16.5M
Interest income$10.4M$4.7M$4.1M$4.9M$7.2M$6.2M
Accretion (Amortization) of Investment Discounts and Premiums—-$308.0K-$425.0K-$510.0K—-$508.0K
Other income (expense), net$4.7M$5.5M$5.6M$2.3M$22.0M$1.4M
Finance Lease Interest Expense—$337.0K$330.0K$322.0K—$307.0K
Rental Income (Non-Operating)—$1.3M$1.1M$1.1M—$1.2M
Interest expense on finance leases—$337.0K$330.0K$322.0K—$307.0K

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$4.10$1.60$1.49$1.66$4.94$1.83
Diluted earnings per share$4.03$1.58$1.47$1.63$4.83$1.79
Weighted-average shares, basic—63.1M63.1M63M—62.8M
Weighted-average shares, diluted200K64M63.9M64.1M99K64.1M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$1.4B$1.1B$1.2B$1.2B$1.6B$1.3B

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$347.5M$132.9M$127.3M$138.1M$417.9M$142.7M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$1.9B$1.4B$1.5B$1.5B$2.1B$1.6B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$3.3B$2.5B$2.7B$2.7B$3.6B$2.9B
Membership and other income$5.0M$3.9M$4.0M$4.4M$4.9M$4.2M