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lululemon athletica LULU China Mainland — Selling, general and administrative expenses

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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$13.33B-53.4%
Enterprise value$13.95B-51.8%
P/E9.1×-6.7×
P/S1.2×-1.5×

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:SellingGeneralAndAdministrativeExpense.

The official record: lululemon athletica’s 10-Q, filed June 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is lululemon athletica's china mainland — selling, general and administrative expenses?
lululemon athletica (LULU) reported china mainland — selling, general and administrative expenses of $111.21M in Q1 2026.
How has lululemon athletica's china mainland — selling, general and administrative expenses changed year-over-year?
lululemon athletica's china mainland — selling, general and administrative expenses increased by 35.0% year-over-year, from $82.38M to $111.21M.
What is the long-term trend for lululemon athletica's china mainland — selling, general and administrative expenses?
Over 2 years (2023 to 2025), lululemon athletica's china mainland — selling, general and administrative expenses has grown at a 34.5% compound annual growth rate (CAGR), from $230.65M to $417.49M.
What does china mainland — selling, general and administrative expenses mean?
This metric captures the operating costs associated with running the business in the China Mainland segment, excluding the direct cost of goods sold. It includes expenses related to store operations, marketing, regional corporate overhead, and administrative support functions.