lululemon athletica inc. (LULU) Financials
Key financial figures for lululemon athletica inc. (Q2 2026).
Lululemon's Q2 FY2026 net revenue fell 4% to $2.42B and comparable sales dropped 9%, the first negative comp print in this KPI series, while management cut full-year diluted EPS guidance to $9.48-$9.73 from the prior $10.95-$11.15. Net revenue decreased 4% YoY to $2.4159B (down 5% in constant dollars); comparable sales fell 9% (down 10% constant dollar), reversing Q1's +1% print. Americas net revenue fell 8% with Americas comparable sales down 12%; International net revenue rose 4% (up 2% constant dollar), still the lone growth region but decelerating from prior quarters. On the outlook: For Q3 FY2026, lululemon guided to net revenue of $2.290 billion to $2.320 billion (a decline of 10% to 11% YoY) and diluted EPS of $0.93 to $0.98, assuming a tax rate of approximately 30%. For full-year FY2026, the company now expects net revenue of $10.350 billion to $10.500 billion (a decline of 5% to 7% YoY, cut from the prior $11.0-$11.15 billion range) and diluted EPS of $9.48 to $9.73 (cut from the prior $10.95-$11.15 range). Management stated the FY2026 outlook includes the $0.86 per-share benefit from tariff refunds and associated interest recognized in Q2 FY2026, but does not reflect any further potential tariff refunds or future share repurchases. Figures are for Q2 FY2026, as Lululemon Athletica Inc. reported them.
- Revenue
- $2.4B
- Net Income
- $329M
- EPS
- $2.92
- Total Assets
- $8.5B
- Operating Cash Flow
- $375M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $2.4B | $329M | $2.92 | 18.78% | $225M |
| Q1 FY2026 | $2.5B | $195M | $1.69 | 11.21% | $87M |
| Q4 FY2025 | $3.6B | $587M | $4.97 | 22.07% | $960M |
| Q3 FY2025 | $2.6B | $307M | $2.59 | 16.99% | $82M |
| Q2 FY2025 | $2.5B | $371M | $3.10 | 20.74% | $151M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $11.1B | $1.6B | $13.26 | 19.91% | $922M |
| FY2024 | $10.6B | $1.8B | $14.64 | 23.67% | $1.6B |
| FY2023 | $9.6B | $1.6B | $12.20 | 22.17% | $1.6B |
Frequently asked questions
What was Lululemon Athletica Inc.'s revenue last quarter?
Lululemon Athletica Inc. reported revenue of $2.42 billion for Q2 FY2026, down 4.3% from the same period a year earlier.
Is Lululemon Athletica Inc. profitable?
Yes. Lululemon Athletica Inc. reported net income of $329.2 million for Q2 FY2026, a net margin of 13.63% on revenue.
How has Lululemon Athletica Inc.'s margin trended?
Operating margin was 18.78% in Q2 FY2026, compared with 20.74% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Lululemon Athletica Inc. generate?
Lululemon Athletica Inc. generated free cash flow of $225.2 million in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for lululemon athletica inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.