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lululemon athletica LULU United States — Net revenue

Other geography segments

People's Republic of China
$412.21M—
Canada
$292.82M—
Mexico
$19.21M—

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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$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 united states — net revenue?
lululemon athletica (LULU) reported united states — net revenue of $1.31B in Q1 2026.
How has lululemon athletica's united states — net revenue changed year-over-year?
lululemon athletica's united states — net revenue decreased by 3.6% year-over-year, from $1.36B to $1.31B.
What is the long-term trend for lululemon athletica's united states — net revenue?
Over 4 years (2021 to 2025), lululemon athletica's united states — net revenue has grown at a 9.9% compound annual growth rate (CAGR), from $4.35B to $6.33B.
What does united states — net revenue mean?
This metric represents the total revenue generated from the sale of athletic apparel, footwear, and accessories within the United States geographic segment. It reflects the company's ability to capture market share and drive consumer demand in its largest domestic market. This figure is calculated after deducting returns, discounts, and allowances from gross sales.

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