What is lululemon athletica's SG&A?

lululemon athletica (LULU) reported SG&A of $1.06B in Q1 2026.

How has lululemon athletica's SG&A changed year-over-year?

lululemon athletica's SG&A increased by 12.4% year-over-year, from $942.87M to $1.06B.

What is the long-term trend for lululemon athletica's SG&A?

Over 4 years (2021 to 2025), lululemon athletica's SG&A has grown at a 16.3% compound annual growth rate (CAGR), from $2.23B to $4.07B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

lululemon athletica LULU SG&A

SG&A at other companies

Oxford IndustriesOXM

$210.89M+2.5%

Levi Strauss & Co.LEVI

$843.4M+6.6%

NikeNKE

$4.08B-1.6%

American Eagle OutfittersAEO

$376.49M+11.1%

Vera BradleyVRA

$34.13M-16.4%

Under Armour, Inc.UA

——

Segments

By segment

See full

Americas$483.2M+7.9%

Rest of World$130.24M+22.4%

China Mainland$111.9M—

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

See full

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

See full

Operating cash flow$214.4M+280%

CapEx$127.4M-16.3%

Free cash flow$87.1M+132%

Valuation

See full

Market cap$13.33B-53.4%

Enterprise value$13.95B-51.8%

P/E9.1×-6.7×

P/S1.2×-1.5×

Profitability

See full

Gross margin55.7%-3.6pp

Operating margin18.3%-5.1pp

Net margin13%-3.8pp

FCF margin12.2%-5.4pp

Returns & leverage

See full

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 SG&A?: lululemon athletica (LULU) reported SG&A of $1.06B in Q1 2026.
How has lululemon athletica's SG&A changed year-over-year?: lululemon athletica's SG&A increased by 12.4% year-over-year, from $942.87M to $1.06B.
What is the long-term trend for lululemon athletica's SG&A?: Over 4 years (2021 to 2025), lululemon athletica's SG&A has grown at a 16.3% compound annual growth rate (CAGR), from $2.23B to $4.07B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.