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lululemon athletica

LULU

lululemon athletica inc.

Market cap
$10.73B-45.8%
Revenue$11.1B+1.7%
Net income$1.4B-20.6%
Free cash flow$1.0B-36.8%
EPS (diluted)$12.17-17.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Dec 10, 2026 (in 2 months)
Revenue estimate$2.3B
EPS estimate$0.97

Financials

Q2 2026

Income statement

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Revenue$2.4B-4.3%
Gross profit$1.5B-1.0%
Operating income$453.7M-13.4%
Net income$329.2M-11.2%
EPS (diluted)$2.92-5.8%

Balance sheet

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Cash & equivalents$1.4B+20.2%
Total debt$2.1B+21.5%
Total equity$4.8B+9.2%
Total assets$8.5B+12.8%

Cash flow

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Operating cash flow$374.8M+14.0%
CapEx$149.7M-15.9%
Free cash flow$225.2M—

Valuation & ratios

Valuation

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Market cap$10.73B-45.8%
Enterprise value$11.49B-45.8%
P/E7.6×-3.9×
P/S1×-0.9×

Profitability

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Gross margin56.1%-3.0pp
Operating margin17.8%-5.0pp
Net margin12.8%-3.6pp

Returns & leverage

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Return on equity30.9%-11.5pp
Debt / equity0.4×0.0×
Current ratio2.2×-0.1×

Segments

By segment

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Americas$1.6B-8.0%
China Mainland$407.1M+3.6%
Rest of World$391.8M+4.7%

By product

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Women's apparel$1.5B-3.8%
Men's apparel$621.4M-0.5%
Accessories and other categories$306.0M-13.4%

Competitors

Profile

lululemon athletica inc. is a designer and retailer of technical athletic apparel, footwear, and accessories for yoga, running, and training. The company operates a high-growth vertical retail model, leveraging a premium brand image and a community-based marketing strategy to connect with consumers globally. Its value proposition centers on technical innovation, proprietary fabrics, and a seamless omni-channel experience across physical and digital platforms.

Competitive position

A leading premium athletic brand that differentiates through technical fabric innovation and a community-centric vertical distribution strategy.

GeographiesNorth America, China Mainland, Asia Pacific, Europe, Middle East
Customer segmentsAthletes, Fitness enthusiasts, Premium apparel consumers
Business modelDirect-to-Consumer (DTC), Vertical Retail, E-commerce, Brick-and-Mortar Retail
SuppliersThird-party garment manufacturers, Technical fabric suppliers, Raw material providers (labels, elastics, buttons), Third-party logistics providers
CustomersRetail consumers, Fitness studios, Athletic organizations, University campus retailers
CountryCanada
Listed2007
Employees38.0K
CEOHeidi O'Neill
FilingsSEC EDGAR

FAQ

What is lululemon athletica's market cap?
lululemon athletica (LULU) has a market capitalization of $10.7B and trades on NASDAQ.
What is lululemon athletica's revenue and profitability?
lululemon athletica generated $11.1B in trailing twelve-month revenue with net income of $1.4B, representing a net margin of 12.8%. Gross margin stands at 56.1%, with free cash flow of $1.0B. The latest reported period is Q2 2026.
Who are lululemon athletica's competitors?
lululemon athletica's key competitors include Nike, Under Armour, Lulu's Fashion Lounge Holdings, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does lululemon athletica partner with?
lululemon athletica's notable partners include WeChat.
Where is lululemon athletica headquartered?
lululemon athletica is headquartered in Canada and employs approximately 38,000 people. It has been publicly traded since 2007.