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Urban Outfitters URBN Non Cash Lease Expense

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Other financials

Income statement

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Revenue$1.5B+11.4%
Gross profit$542.6M+10.9%
Operating income$139.7M+8.9%
Net income$115.7M+6.8%
EPS (diluted)$1.30+12.1%

Balance sheet

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Cash & equivalents$301.4M+59.1%
Total debt$1.2B+5.6%
Total equity$2.6B+7.4%
Total assets$4.8B+6.9%

Cash flow

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Operating cash flow$15.5M-53.1%
CapEx$193.2M+319%
Free cash flow-$177.8M-1,254%

Valuation

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Market cap$6.54B+27.8%
Enterprise value$7.45B+22.3%
P/E13.9×+2.5×
P/S+0.1×

Profitability

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Gross margin36%+0.6pp
Operating margin9.8%+0.5pp
Net margin7.5%-0.4pp
FCF margin2.7%-2.8pp

Returns & leverage

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Return on equity18.7%-0.8pp
Debt / equity0.5×0.0×
Current ratio1.5×+0.1×

Where this comes from

Reported directly by Urban Outfitters in its filing.

Tagged under the XBRL concept urbn:NonCashLeaseExpense.

The official record: Urban Outfitters’s 10-Q, filed June 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Urban Outfitters's non cash lease expense?
Urban Outfitters (URBN) reported non cash lease expense of $53.31M in Q1 2026.
How has Urban Outfitters's non cash lease expense changed year-over-year?
Urban Outfitters's non cash lease expense increased by 1.0% year-over-year, from $52.81M to $53.31M.
What is the long-term trend for Urban Outfitters's non cash lease expense?
Over 4 years (2021 to 2025), Urban Outfitters's non cash lease expense has grown at a 2.9% compound annual growth rate (CAGR), from $193.03M to $216.35M.
What does non cash lease expense mean?
This represents the non-cash portion of lease expenses recognized in the income statement, typically associated with the amortization of right-of-use assets under lease accounting standards. It is added back to net income in the cash flow statement because it does not represent an actual cash outflow during the period. Monitoring this helps investors understand the underlying non-cash impact of long-term store and facility lease commitments on reported profitability.