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lululemon athletica LULU Americas — Net revenue

Other geography segments

China Mainland
$478.4M+30.0%
Other geographic areas
$320.59M+12.9%
Hong Kong SAR, Taiwan, and Macau SAR
$51.41M+16.6%

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AMATOutside North America — Net revenue
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APPSMexico, Central America, and South America — Net revenue
$412K-65.5%

Other financials

Income statement

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Revenue$2.5B+4.3%
Gross profit$1.3B-3.2%
Operating income$276.9M-36.9%
Net income$195.0M-38.0%
EPS (diluted)$1.69-35.0%

Balance sheet

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Cash & equivalents$1.5B+14.3%
Total debt$2.1B+25.1%
Total equity$4.8B+12.5%
Total assets$8.5B+14.8%

Cash flow

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Operating cash flow$214.4M+280%
CapEx$127.4M-16.3%
Free cash flow$87.1M+132%

Valuation

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Market cap$14.04B-40.4%
Enterprise value$14.66B-38.7%
P/E9.6×-3.4×
P/S1.3×-0.9×

Profitability

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Gross margin55.7%-3.6pp
Operating margin18.3%-5.1pp
Net margin13%-3.8pp
FCF margin12.2%-5.4pp

Returns & leverage

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Return on equity32%-10.5pp
Debt / equity0.4×0.0×
Current ratio2.2×-0.1×

Where this comes from

Reported directly by lululemon athletica in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: lululemon athletica’s 10-Q, filed June 4, 2026.

Filed
Jun 4, 2026, 4:11 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001397187-26-000078
Line itemFirst Quarter / 2026First Quarter / 2025
United States$1,313,206$1,362,524
Canada283,341292,820
Mexico24,66319,214
Americas1,621,2101,674,558
China Mainland478,395368,101
Hong Kong SAR, Taiwan, and Macau SAR51,40844,104
People's Republic of China529,803412,205
Other geographic areas320,590283,897

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is lululemon athletica's americas — net revenue?
lululemon athletica (LULU) reported americas — net revenue of $1.62B in Q1 2026.
How has lululemon athletica's americas — net revenue changed year-over-year?
lululemon athletica's americas — net revenue decreased by 3.2% year-over-year, from $1.67B to $1.62B.
What is the long-term trend for lululemon athletica's americas — net revenue?
Over 2 years (2022 to 2025), lululemon athletica's americas — net revenue has grown at a 7.3% compound annual growth rate (CAGR), from $6.82B to $7.85B.
What does americas — net revenue mean?
This represents the total net sales generated by the Americas geographic segment after accounting for returns, discounts, and allowances. It is the definitive measure of the company's market share and growth trajectory within the region. It serves as the foundation for calculating regional margins and overall profitability.

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