Non-Current Assets

PP&E (Net)

lululemon athletica PP&E (Net) increased by 4.2% to $2.03B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 14.2%, from $1.78B to $2.03B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 22.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025Mar 17, 2026

How to read this metric

An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.

Detailed definition

This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...

Peer comparison

Standard line item for all manufacturing and industrial companies; directly comparable across peers.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$774.69M$806.39M$876.49M$927.71M$974.78M$1.06B$1.12B$1.27B$1.31B$1.37B$1.41B$1.55B$1.56B$1.61B$1.70B$1.78B$1.85B$1.92B$1.95B$2.03B
QoQ Change+4.1%+8.7%+5.8%+5.1%+8.7%+5.9%+13.1%+3.4%+4.1%+3.4%+9.3%+1.0%+3.4%+5.1%+4.9%+3.7%+3.8%+1.8%+4.2%
YoY Change+25.8%+31.4%+28.1%+36.9%+34.7%+29.0%+26.0%+21.8%+18.9%+18.1%+20.1%+15.2%+18.3%+18.7%+15.0%+14.2%
Range$774.69M$2.03B
CAGR+22.5%
Avg YoY Growth+23.3%
Median YoY Growth+20.9%
Current Streak19+ quarters growth

Geographic Breakdown — United States

View all
SegmentQ4 '24
United States$1.79B
Canada$675.05M
Total$1.78B

Canada, United States were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown — Other geographic areas

View all
SegmentQ4 '22Q4 '23Q4 '24Q4 '25
Other geographic areas$228.37M$257.91M$406.65M$456.03M
Total$1.27B$1.55B$1.78B$2.03B

Other geographic areas was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is lululemon athletica's pp&e (net)?
lululemon athletica (LULU) reported pp&e (net) of $2.03B in Q4 2025.
How has lululemon athletica's pp&e (net) changed year-over-year?
lululemon athletica's pp&e (net) increased by 14.2% year-over-year, from $1.78B to $2.03B.
What is the long-term trend for lululemon athletica's pp&e (net)?
Over 5 years (2020 to 2025), lululemon athletica's pp&e (net) has grown at a 22.2% compound annual growth rate (CAGR), from $745.69M to $2.03B.
What does pp&e (net) mean?
The current book value of physical assets after accounting for wear and tear.