Income StatementBalance SheetCash FlowSegments
lululemon athletica logo

lululemon athletica Cash Flow Statement

Operating, investing, and financing cash movements

lululemon athletica generated $1.6B in operating cash flow over the trailing twelve months. After $680.8M in capital expenditures, free cash flow was $2.0B. Free cash flow increased 0.2% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$1.6BNet Cash From Investing (TTM)-$662.1MNet Cash From Financing (TTM)-$1.2BCapital Expenditures (TTM)$680.8MDepreciation And Amortization Cf (TTM)$496.2MNet Change In Cash (TTM)$97.3M
Latest FilingQ1 2026
Report Date2026-03-17
Market Cap$15.7B
P/E Ratio9.94
ROE34.01%

Investing

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Acquisitions, net of cash acquired—$23.2M———$0.0
Capital expenditures$178.5M$235.0M$152.3M$177.9M$167.4M$183.2M
Payment for (Proceeds from) Other Investing Activity——$3.3M$0.0$487.0K$4.8M
Hedge Investing Activities, Net-$890.0K-$35.2M-$48.7M——-$14.9M
Net cash from investing activities-$308.6M-$223.0M-$106.8M-$213.1M-$169.1M-$173.1M
Other investing activities——$3.3M$0.0$487.0K$4.8M
Payments for Hedge Investing Activities-$890.0K-$35.2M-$48.7M——-$14.9M
Payments for (proceeds from) hedge, investing activities-$890.0K-$35.2M-$48.7M——-$14.9M

Operating

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Change in prepaid taxes$46.4M—$48.0M$92.9M$107.1M—
Change in accounts payable$69.3M-$102.6M$22.5M$68.7M——
Change in accounts receivable$16.8M-$21.1M$18.5M—$111.5M—
Change in accrued liabilities$111.4M$21.6M-$43.0M-$88.7M$201.7M$28.3M
Change in deferred revenue-$12.4M$109.0M-$40.7M-$19.0M$2.3M$98.5M
Change in income taxes payable/receivable$79.3M$86.6M-$160.3M-$4.9M—-$23.7M
Change in inventories$351.6M—$174.3M$63.6M$279.6M—
Change in other assets$11.9M$12.6M$13.5M$19.8M$8.1M$28.9M
Change in other liabilities$3.5M$1.7M-$1.9M-$29.0M$66.2M—
Depreciation and amortization$113.6M$133.6M$114.5M$119.7M$127.5M$134.5M
Net cash from operating activities$300.7M$1.4B-$119.0M$328.7M$249.9M$1.1B
Net income$351.9M$748.4M$314.6M$370.9M$306.8M$586.9M
Derecognition Of Unredeemed Gift Card Liability$9.1M$9.1M$9.4M$9.4M$9.4M$9.4M
Gain (Loss) on Sale of Derivatives$6.8M$28.1M$47.5M—$6.2M$16.5M
Increase (Decrease) in Deferred Income Taxes-$14.4M-$14.4M$13.3M$13.3M$13.3M$13.3M
Accrued compensation and employee benefits——-$65.6M——-$2.1M
Increase (Decrease) in Prepaid Expense and Other Assets$18.2M$40.3M-$22.7M-$46.4M—-$1.1M
Right-of-use lease assets and current and non-current lease liabilities—$7.3M-$2.9M$148.0K$4.8M$4.9M
Stock-based compensation$24.2M$18.5M$23.1M$0.0$16.6M$24.4M

Financing

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Proceeds from exercises of stock options and other stock issuances$1.5M$12.5M$221.0K$5.3M$71.0K$2.8M
Other, net$0.0-$32.0K-$8.1M$0.0-$3.1M-$107.0K
Payment of Deferred Purchase Consideration$0.0-$32.0K-$8.1M$0.0-$3.1M-$107.0K
Noncontrolling interest transactions and other$0.0-$32.0K-$8.1M$0.0-$3.1M-$107.0K
Net cash from financing activities-$412.0M-$324.0M-$468.0M-$276.8M-$194.2M-$269.7M
Other financing activities$0.0-$32.0K-$8.1M$0.0-$3.1M-$107.0K
Noncontrolling Interests Activity and Other$0.0-$32.0K-$8.1M$0.0-$3.1M-$107.0K
Proceeds from issuance of common stock$1.5M$12.5M$221.0K$5.3M$71.0K$2.8M
Repurchases of common stock$412.6M$335.4M$434.4M$281.2M$190.9M$271.8M
Taxes paid for net share settlement$888.0K$1.2M$25.6M$873.0K$246.0K$612.0K

Free Cash Flow

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Free cash flow$122.2M$1.2B-$271.2M——$959.7M

Other

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Effect of exchange rate changes on cash-$1.8M-$58.5M$34.7M——$71.2M
Net increase (decrease) in cash-$421.7M—-$659.1M-$169.5M-$119.9M—