Lululemon Athletica Inc. (LULU) financial statements: income statement, balance sheet and cash flow
Lululemon Athletica Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Feb 1, 2026 · FY), Lululemon Athletica Inc. reported revenue of $11.1B (+4.9% year on year) and net income of $1.6B (-13.0% year on year).
Income statement
Lululemon Athletica Inc. income statement, fiscal years
Line item
Feb 1, 2026 · FY
Feb 2, 2025 · FY
Jan 28, 2024 · FY
Jan 29, 2023 · FY
Net revenue
$11.1B
$10.6B
$9.6B
$8.1B
Cost of goods sold
$4.8B
$4.3B
$4.0B
$3.6B
Gross profit
$6.3B
$6.3B
$5.6B
$4.5B
Selling, general and administrative expenses
$4.1B
$3.8B
$3.4B
$2.8B
Impairment of assets and restructuring costs
$0
$0
$74.5M
—
Amortization of intangible assets
$7.0M
$2.7M
$5.0M
$8.8M
Income from operations
$2.2B
$2.5B
$2.1B
$1.3B
Other income (expense), net
$28.4M
$70.4M
$43.1M
$4.2M
Income before income tax expense
$2.2B
$2.6B
$2.2B
$1.3B
Income tax expense
$659.8M
$761.5M
$625.5M
$477.8M
Net income
$1.6B
$1.8B
$1.6B
$854.8M
Foreign currency translation adjustment
$253.2M
($253.2M)
($23.1M)
($65.6M)
Net investment hedge gains (losses)
($59.4M)
$93.0M
$11.4M
$8.9M
Other comprehensive income (loss), net of tax
$193.8M
($160.2M)
($11.7M)
($56.7M)
Comprehensive income
$1.8B
$1.7B
$1.5B
$798.1M
Basic earnings per share (in dollars per share)
$13.27
$14.67
$12.23
$6.70
Diluted earnings per share (in dollars per share)
$13.26
$14.64
$12.20
$6.68
Basic weighted-average number of shares outstanding (in shares)
119.0M
123.7M
126.7M
127.7M
Diluted weighted-average number of shares outstanding (in shares)
119.1M
123.9M
127.1M
128.0M
Lululemon Athletica Inc. income statement, quarters
Line item
Aug 2, 2026 · Q3
May 3, 2026 · Q2
Nov 2, 2025 · Q3
Aug 3, 2025 · Q2
Net revenue
$2.4B
$2.5B
$2.6B
$2.5B
Cost of goods sold
$953.8M
$1.1B
$1.1B
$1.0B
Gross profit
$1.5B
$1.3B
$1.4B
$1.5B
Selling, general and administrative expenses
$1.0B
$1.1B
$988.3M
$951.7M
Amortization of intangible assets
$1.9M
$1.9M
$1.8M
$1.7M
Income from operations
$453.7M
$276.9M
$435.9M
$523.8M
Other income (expense), net
$13.7M
$9.1M
$5.9M
$9.7M
Income before income tax expense
$467.4M
$286.1M
$441.7M
$533.6M
Income tax expense
$138.1M
$91.0M
$134.9M
$162.6M
Net income
$329.2M
$195.0M
$306.8M
$370.9M
Foreign currency translation adjustment
($76.3M)
$12.0M
($34.5M)
$4.7M
Net investment hedge gains (losses)
$25.3M
$1.3M
$17.0M
$790.0K
Other comprehensive income (loss), net of tax
($51.0M)
$13.3M
($17.6M)
$5.5M
Comprehensive income
$278.2M
$208.3M
$289.3M
$376.4M
Basic earnings per share (in dollars per share)
$2.92
$1.69
$2.59
$3.10
Diluted earnings per share (in dollars per share)
$2.92
$1.69
$2.59
$3.10
Basic weighted-average number of shares outstanding (in shares)
112.9M
115.4M
118.5M
119.6M
Diluted weighted-average number of shares outstanding (in shares)
112.9M
115.5M
118.6M
119.7M
Balance sheet
Lululemon Athletica Inc. balance sheet, fiscal years
Line item
Feb 1, 2026 · FY
Feb 2, 2025 · FY
Jan 28, 2024 · FY
Jan 29, 2023 · FY
Cash and cash equivalents
$1.8B
$2.0B
$2.2B
$1.2B
Accounts receivable, net
$190.7M
$120.2M
$124.8M
$132.9M
Inventories
$1.7B
$1.4B
$1.3B
$1.4B
Prepaid and receivable income taxes
$352.5M
$182.3M
$183.7M
$185.6M
Prepaid expenses and other current assets
$211.6M
$251.5M
$184.5M
$238.7M
Total current assets
$4.3B
$4.0B
$4.1B
$3.2B
Property and equipment, net
$2.0B
$1.8B
$1.5B
$1.3B
Right-of-use lease assets
$1.6B
$1.4B
$1.3B
$969.4M
Goodwill
$184.9M
$159.5M
$24.1M
$24.1M
Intangible assets, net
$6.3M
$11.7M
$0
$22.0M
Deferred income tax assets
$24.0M
$17.1M
$9.2M
$6.4M
Other non-current assets
$314.9M
$237.8M
$186.7M
$156.0M
Total assets
$8.5B
$7.6B
$7.1B
$5.6B
Accounts payable
$331.4M
$271.4M
$348.4M
$172.7M
Accrued liabilities and other
$663.0M
$559.5M
$348.6M
$399.2M
Accrued compensation and related expenses
$187.9M
$204.5M
$326.1M
$248.2M
Current lease liabilities
$298.7M
$275.2M
$249.3M
$208.0M
Current income taxes payable
$43.9M
$183.1M
$12.1M
$174.2M
Unredeemed gift card liability
$316.6M
$308.4M
$306.5M
$251.5M
Other current liabilities
$46.0M
$37.6M
$40.3M
$38.4M
Total current liabilities
$1.9B
$1.8B
$1.6B
$1.5B
Non-current lease liabilities
$1.5B
$1.3B
$1.2B
$862.4M
Deferred income tax liabilities
$52.3M
$98.2M
$29.5M
$55.1M
Other non-current liabilities
$55.4M
$40.8M
$29.2M
$20.0M
Total liabilities
$3.5B
$3.3B
$2.9B
$2.5B
Undesignated preferred stock, $0.01 par value: 5,000 shares authorized; none issued and outstanding
0
0
0
0
Exchangeable stock, no par value: 60,000 shares authorized; 5,116 and 5,116 issued and outstanding
0
0
0
0
Special voting stock, $0.000005 par value: 60,000 shares authorized; 5,116 and 5,116 issued and outstanding
0
0
0
0
Common stock, $0.005 par value: 400,000 shares authorized; 111,380 and 116,166 issued and outstanding
557.0K
581.0K
606.0K
611.0K
Additional paid-in capital
$669.4M
$638.2M
$575.4M
$474.6M
Retained earnings
$4.5B
$4.1B
$3.9B
$2.9B
Accumulated other comprehensive loss
($230.7M)
($424.4M)
($264.3M)
($252.6M)
Total stockholders' equity
$5.0B
$4.3B
$4.2B
$3.1B
Total liabilities and stockholders' equity
$8.5B
$7.6B
$7.1B
$5.6B
Lululemon Athletica Inc. balance sheet, quarters
Line item
Aug 2, 2026
May 3, 2026
Nov 2, 2025
Aug 3, 2025
Cash and cash equivalents
$1.4B
$1.5B
$1.0B
$1.2B
Accounts receivable, net
$171.2M
$165.0M
$250.3M
$139.3M
Inventories
$1.7B
$1.7B
$2.0B
$1.7B
Prepaid and receivable income taxes
$479.9M
$422.2M
$430.3M
$323.2M
Prepaid expenses and other current assets
$193.3M
$205.6M
$209.3M
$187.9M
Total current assets
$3.9B
$4.0B
$3.9B
$3.5B
Property and equipment, net
$2.0B
$2.0B
$2.0B
$1.9B
Right-of-use lease assets
$1.9B
$1.9B
$1.6B
$1.6B
Goodwill
$185.8M
$185.0M
$175.3M
$172.9M
Intangible assets, net
$2.5M
$4.4M
$7.7M
$9.3M
Deferred income tax assets
$24.5M
$24.8M
$21.6M
$21.4M
Other non-current assets
$332.6M
$328.3M
$274.6M
$268.7M
Total assets
$8.5B
$8.5B
$8.0B
$7.5B
Accounts payable
$346.7M
$294.3M
$352.2M
$373.3M
Accrued liabilities and other
$584.9M
$586.3M
$621.2M
$423.9M
Accrued compensation and related expenses
$122.7M
$172.4M
$186.4M
$148.9M
Current lease liabilities
$366.6M
$357.2M
$317.5M
$297.9M
Current income taxes payable
$67.4M
$50.1M
$62.7M
$26.7M
Unredeemed gift card liability
$277.3M
$296.4M
$253.8M
$252.3M
Other current liabilities
$35.9M
$37.6M
$48.5M
$34.2M
Total current liabilities
$1.8B
$1.8B
$1.8B
$1.6B
Non-current lease liabilities
$1.8B
$1.8B
$1.4B
$1.5B
Deferred income tax liabilities
$57.0M
$75.3M
$111.6M
$62.4M
Other non-current liabilities
$60.3M
$57.5M
$54.1M
$51.6M
Total liabilities
$3.7B
$3.7B
$3.5B
$3.1B
Undesignated preferred stock, $0.01 par value: 5,000 shares authorized; none issued and outstanding
0
0
0
0
Exchangeable stock, no par value: 60,000 shares authorized; 5,116 and 5,116 issued and outstanding
0
0
0
0
Special voting stock, $0.000005 par value: 60,000 shares authorized; 5,116 and 5,116 issued and outstanding
0
0
0
0
Common stock, $0.005 par value: 400,000 shares authorized; 106,566 and 111,380 issued and outstanding
533.0K
547.0K
564.0K
570.0K
Additional paid-in capital
$695.1M
$681.2M
$646.2M
$632.4M
Retained earnings
$4.4B
$4.4B
$4.2B
$4.1B
Accumulated other comprehensive loss
($268.4M)
($217.4M)
($348.8M)
($331.2M)
Total stockholders' equity
$4.8B
$4.8B
$4.5B
$4.4B
Total liabilities and stockholders' equity
$8.5B
$8.5B
$8.0B
$7.5B
Cash flow statement
Lululemon Athletica Inc. cash flow statement, fiscal years
Line item
Feb 1, 2026 · FY
Feb 2, 2025 · FY
Jan 28, 2024 · FY
Jan 29, 2023 · FY
Net income
$1.6B
$1.8B
$1.6B
$854.8M
Depreciation and amortization
$496.2M
$446.5M
$379.4M
$291.8M
lululemon Studio obsolescence provision
$0
$0
$23.7M
—
Impairment of assets and restructuring costs
$0
$0
$74.5M
—
Stock-based compensation expense
$62.2M
$90.0M
$93.6M
$78.1M
Derecognition of unredeemed gift card liability
($37.8M)
($36.2M)
($28.5M)
($23.3M)
Settlement of derivatives not designated in a hedging relationship
($34.6M)
($47.8M)
$32.5M
($38.6M)
Deferred income taxes
($53.4M)
$57.5M
($28.4M)
$3.0M
Accounts receivable
($65.8M)
$1.6M
—
—
Inventories
($188.7M)
($156.1M)
$66.6M
($510.5M)
Prepaid and receivable income taxes
($170.2M)
($2.0M)
$1.9M
($66.7M)
Prepaid expenses and other current assets
$47.8M
($71.8M)
$47.2M
($113.8M)
Other non-current assets
($70.4M)
($73.2M)
($53.3M)
($36.5M)
Accounts payable
$45.9M
($57.0M)
$177.4M
($107.3M)
Accrued liabilities and other
$98.4M
$193.1M
($71.7M)
$65.4M
Accrued compensation and related expenses
($24.7M)
($112.1M)
$70.3M
$47.3M
Current and non-current income taxes payable
($150.5M)
$157.2M
($173.2M)
$36.0M
Unredeemed gift card liability
$41.3M
$42.4M
$84.3M
$68.3M
Right-of-use lease assets and current and non-current lease liabilities
$6.9M
$23.5M
$37.5M
$23.9M
Other current and non-current liabilities
$20.6M
$2.5M
$12.2M
($2.9M)
Net cash provided by operating activities
$1.6B
$2.3B
$2.3B
$966.5M
Purchase of property and equipment
($680.8M)
($689.2M)
($651.9M)
($638.7M)
Settlement of net investment hedges
$27.2M
$50.2M
($1.6M)
$47.8M
Acquisition, net of cash acquired
$0
($154.1M)
—
$0
Other investing activities
($8.5M)
($5.0M)
($658.0K)
$20.9M
Net cash used in investing activities
($662.1M)
($798.2M)
($654.1M)
($569.9M)
Proceeds from settlement of stock-based compensation
8.4M
19.8M
42.4M
11.7M
Taxes paid related to net share settlement of stock-based compensation
($27.4M)
($35.4M)
($32.6M)
($35.2M)
Repurchase of common stock
($1.2B)
($1.6B)
($558.7M)
($444.0M)
Other financing activities
($11.3M)
($32.0K)
($32.0K)
($32.0K)
Net cash used in financing activities
($1.2B)
($1.7B)
($548.8M)
($467.5M)
Effect of foreign currency exchange rate changes on cash and cash equivalents
$91.2M
($81.7M)
($4.1M)
($34.0M)
Increase (decrease) in cash and cash equivalents
($177.1M)
($259.6M)
$1.1B
($105.0M)
Cash and cash equivalents, beginning of period
$2.0B
$2.2B
$1.2B
$1.3B
Cash and cash equivalents, end of period
$1.8B
$2.0B
$2.2B
$1.2B
Lululemon Athletica Inc. cash flow statement, quarters
Line item
Aug 2, 2026 · YTD
May 3, 2026 · Q2
Nov 2, 2025 · YTD
Aug 3, 2025 · YTD
Net income
$524.3M
$195.0M
$992.3M
$685.5M
Depreciation and amortization
$277.7M
$135.3M
$361.7M
$234.2M
Stock-based compensation expense
$50.3M
$29.2M
$37.8M
$21.2M
Settlement of derivatives not designated in a hedging relationship
($8.3M)
$3.1M
($18.1M)
($11.9M)
Accounts receivable
$20.4M
$26.7M
($127.4M)
($15.9M)
Inventories
($14.3M)
$23.6M
($517.5M)
($237.9M)
Prepaid and receivable income taxes
($132.2M)
($69.3M)
($248.1M)
($141.0M)
Prepaid expenses and other current assets
$16.3M
$6.2M
$46.7M
$69.0M
Other non-current assets
($40.6M)
($33.5M)
($41.4M)
($33.3M)
Accounts payable
$21.7M
($37.7M)
$72.8M
$91.2M
Accrued liabilities and other
($72.4M)
($67.9M)
$70.1M
($131.6M)
Accrued compensation and related expenses
($63.5M)
($16.1M)
($22.6M)
($61.2M)
Current income taxes payable
$22.8M
$5.8M
($126.8M)
($165.2M)
Unredeemed gift card liability
($37.6M)
($20.5M)
($57.3M)
($59.6M)
Right-of-use lease assets and current and non-current lease liabilities
$25.2M
$18.2M
$2.0M
($2.8M)
Other current and non-current liabilities
($299.0K)
$16.3M
$35.3M
($30.9M)
Net cash provided by operating activities
$589.3M
$214.4M
$459.6M
$209.7M
Purchase of property and equipment
($277.1M)
($127.4M)
($497.6M)
($330.2M)
Settlement of net investment hedges
($2.8M)
($11.5M)
$12.3M
$13.5M
Other investing activities
($1.9M)
$0
($3.7M)
($3.3M)
Net cash used in investing activities
($281.8M)
($138.8M)
($489.1M)
($320.0M)
Proceeds from settlement of stock-based compensation
0
0
5.5M
5.5M
Taxes paid related to net share settlement of stock-based compensation
($12.4M)
($12.0M)
($26.8M)
($26.5M)
Repurchase of common stock
($695.1M)
($361.8M)
($906.6M)
($715.7M)
Other financing activities
($4.8M)
($4.8M)
($11.2M)
($8.1M)
Net cash used in financing activities
($712.2M)
($378.5M)
($939.0M)
($744.8M)
Effect of foreign currency exchange rate changes on cash and cash equivalents