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Urban Outfitters URBN Subscription Operations — Cost Of Revenue

Other segment segments

Retail Operations
$760.06M+8.3%
Wholesale Operations
$59.38M+21.4%

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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 us-gaap:CostOfRevenue.

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 subscription operations — cost of revenue?
Urban Outfitters (URBN) reported subscription operations — cost of revenue of $119.34M in Q1 2026.
How has Urban Outfitters's subscription operations — cost of revenue changed year-over-year?
Urban Outfitters's subscription operations — cost of revenue increased by 32.9% year-over-year, from $89.79M to $119.34M.
What is the long-term trend for Urban Outfitters's subscription operations — cost of revenue?
Over 3 years (2022 to 2025), Urban Outfitters's subscription operations — cost of revenue has grown at a 60.2% compound annual growth rate (CAGR), from $101.26M to $416.36M.
What does subscription operations — cost of revenue mean?
Includes the direct costs associated with providing subscription or rental services, such as inventory maintenance, cleaning, shipping, and fulfillment expenses. Monitoring this metric helps assess the direct cost efficiency of the subscription model relative to the revenue generated. It is essential for understanding the direct margin profile of the segment's recurring service offerings.