Income StatementBalance SheetCash FlowSegments
lululemon athletica logo

lululemon athletica Business Segments

Business, geographic, and product segment breakdowns

lululemon athletica generates $11.1B in annual revenue across 3 key segments: Accessories and other categories ($1.4B), Men's apparel ($2.7B), and Women's apparel ($7.0B). The company-wide operating margin is 19.91%. Based on the Q1 2026 filing.

Accessories and other categories (TTM)$1.4BMen's apparel (TTM)$2.7BWomen's apparel (TTM)$7.0B
Latest FilingQ1 2026
Report Date2026-03-17
Market Cap$15.7B
P/E Ratio9.94
ROE34.01%

Products & Services

Net revenue

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Women's apparel$1.6B$2.2B$1.5B$1.5B$1.6B$2.3B
Men's apparel$551.4M$913.7M$544.8M$624.6M$596.2M$898.4M
Accessories and other categories$289.5M$472.2M$290.7M$353.3M$324.7M$474.5M

Cost of goods sold

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Product costs$672.2M$1.1B$652.9M$716.1M$794.6M$1.3B
Other cost of sales$322.8M$363.7M$334.6M$331.9M$345.4M$378.5M

Geographic

Net revenue

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
United States$1.4B$2.3B$1.4B$1.4B$1.4B$2.2B
China Mainland$318.3M$425.0M$368.1M$392.9M$465.4M$528.4M
Canada$335.5M$474.9M$292.8M$321.3M$331.6M$477.5M
Other geographic areas$266.9M$337.7M$283.9M$326.5M$320.7M$370.6M
Hong Kong SAR, Taiwan, and Macau SAR$41.1M$54.7M$44.1M$47.6M$46.5M$60.9M
Mexico$10.7M$22.6M$19.2M$21.9M$20.8M$33.5M

Revenue from Contract with Customer, Excluding Assessed Tax

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
People's Republic of China$359.4M$479.8M$412.2M$440.5M$511.8M$589.3M

Business Segments

Intangible Amortization

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Americas$0.0$0.0$0.0$0.0$0.0$0.0
China Mainland Segment$0.0$0.0$0.0$0.0$0.0$0.0
Rest of World$0.0$0.0$0.0$0.0$0.0$0.0

D&A

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Americas$51.7M$61.0M$51.4M$54.5M$58.0M$60.7M
China Mainland Segment$8.1M$9.3M$8.6M$8.9M$9.6M$11.2M
Rest of World$8.2M$8.8M$8.7M$8.6M$9.4M$9.9M

Operating Income (Loss)

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Americas$654.9M$1.1B$589.3M$619.4M$517.5M$834.4M
China Mainland Segment$110.6M$160.4M$153.6M$152.5M$173.0M$222.0M
Rest of World$68.8M$105.5M$72.9M$81.2M$85.0M$106.8M

Revenue from Contract with Customer, Excluding Assessed Tax

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Americas$1.8B$2.8B$1.7B$1.8B$1.7B$2.7B

Selling, general and administrative expenses

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Americas$438.0M$641.1M$447.8M$465.0M$464.4M$649.8M
Rest of World$101.2M$113.0M$106.4M$121.2M$115.7M$127.7M
China Mainland Segment$86.0M$97.6M$82.4M$97.1M$126.2M$111.9M

Net revenue

SegmentQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
China Mainland Segment$318.3M$425.0M$368.1M$392.9M$465.4M$528.4M
Rest of World$307.9M$392.4M$328.0M$374.1M$367.2M$431.5M