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lululemon athletica LULU Canada — Net revenue

Other geography segments

United States
$1.36B
People's Republic of China
$412.21M
Mexico
$19.21M

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$37.5M+28.9%

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 canada — net revenue?
lululemon athletica (LULU) reported canada — net revenue of $283.34M in Q1 2026.
How has lululemon athletica's canada — net revenue changed year-over-year?
lululemon athletica's canada — net revenue decreased by 3.2% year-over-year, from $292.82M to $283.34M.
What is the long-term trend for lululemon athletica's canada — net revenue?
Over 4 years (2021 to 2025), lululemon athletica's canada — net revenue has grown at a 10.5% compound annual growth rate (CAGR), from $954.22M to $1.42B.
What does canada — net revenue mean?
This metric represents the total gross sales generated within the Canadian geographic market after accounting for returns, discounts, and allowances. It serves as a primary indicator of brand penetration and consumer demand within the company's home-market region.

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