Urban Outfitters Inc. (URBN) financial statements: income statement, balance sheet and cash flow
Urban Outfitters 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 (Jan 31, 2026 · FY), Urban Outfitters Inc. reported revenue of $6.2B (+11.1% year on year) and net income of $464.9M (+15.5% year on year).
Income statement
Urban Outfitters Inc. income statement, fiscal years
Line item
Jan 31, 2026 · FY
Jan 31, 2025 · FY
Jan 31, 2024 · FY
Jan 31, 2023 · FY
Net sales
$6.2B
$5.6B
$5.2B
$4.8B
Cost of sales (excluding store impairment and lease abandonment charges)
$3.9B
$3.6B
$3.4B
$3.4B
Store impairment and lease abandonment charges
$2.0M
$4.6M
$11.9M
—
Gross profit
$2.2B
$1.9B
$1.7B
$1.4B
Selling, general and administrative expenses
$1.6B
$1.5B
$1.3B
$1.2B
Asset impairment
$0
$0
$6.4M
—
Income from operations
$605.6M
$473.8M
$369.8M
$226.6M
Interest income
$41.7M
$37.1M
$23.6M
$2.0M
Interest expense
($4.9M)
($6.1M)
($7.7M)
($1.3M)
Other expense
($45.5M)
($4.6M)
($4.2M)
($6.1M)
Income before income taxes
$596.9M
$500.2M
$381.6M
$221.3M
Income tax expense
$132.0M
$97.7M
$93.9M
$61.6M
Net income
$464.9M
$402.5M
$287.7M
$159.7M
Basic
$5.15
$4.34
$3.10
$1.71
Diluted
$5.06
$4.26
$3.05
$1.70
Basic
90.2M
92.7M
92.7M
93.2M
Diluted
91.8M
94.4M
94.3M
94.1M
Urban Outfitters Inc. income statement, quarters
Line item
Jul 31, 2026 · Q2
Apr 30, 2026 · Q1
Oct 31, 2025 · Q3
Jul 31, 2025 · Q2
Net sales
$1.7B
$1.5B
$1.5B
$1.5B
Cost of sales
$940.4M
$938.8M
$964.0M
$938.6M
Gross profit
$721.6M
$542.6M
$563.3M
$566.2M
Selling, general and administrative expenses
$432.8M
$402.9M
$419.0M
$391.8M
Income from operations
$288.7M
$139.7M
$144.3M
$174.4M
Other income, net
$9.8M
$6.2M
$8.1M
$8.9M
Income before income taxes
$298.5M
$145.9M
$152.4M
$183.3M
Income tax expense
$57.9M
$30.2M
$36.0M
$39.4M
Net income
$240.7M
$115.7M
$116.4M
$143.9M
Basic
$2.81
$1.32
$1.30
$1.60
Diluted
$2.78
$1.30
$1.28
$1.58
Basic
85.6M
87.5M
89.7M
89.7M
Diluted
86.7M
88.8M
91.3M
91.2M
Balance sheet
Urban Outfitters Inc. balance sheet, fiscal years
Line item
Jan 31, 2026 · FY
Jan 31, 2025 · FY
Jan 31, 2024 · FY
Jan 31, 2023 · FY
Cash and cash equivalents
$369.2M
$290.5M
$178.3M
$201.3M
Marketable securities
$326.7M
$319.9M
$286.7M
$181.4M
Accounts receivable, net of allowance for doubtful accounts of $1,384 and $1,465, respectively
$95.7M
$74.0M
$67.0M
$70.3M
Inventory
$700.9M
$621.1M
$550.2M
$587.5M
Prepaid expenses and other current assets
$193.6M
$187.2M
$200.2M
$197.2M
Total current assets
$1.7B
$1.5B
$1.3B
$1.2B
Property and equipment, net
$1.5B
$1.3B
$1.3B
$1.2B
Operating lease right-of-use assets
$1.1B
$942.7M
$920.4M
$959.4M
Marketable securities
$461.9M
$410.2M
$314.2M
$102.8M
Other assets
$342.3M
$342.7M
—
—
Total Assets
$5.0B
$4.5B
$4.1B
$3.7B
Accounts payable
$327.9M
$295.8M
$253.3M
$257.6M
Current portion of operating lease liabilities
$225.5M
$227.1M
$226.6M
$232.7M
Accrued compensation and benefits
$163.3M
$139.3M
$122.7M
$77.5M
Accrued expenses and other current liabilities
$401.4M
$413.5M
$391.5M
$322.6M
Total current liabilities
$1.1B
$1.1B
$994.2M
$890.4M
Non-current portion of operating lease liabilities
$1.0B
$871.2M
$851.9M
$884.7M
Other non-current liabilities
$74.1M
$101.1M
$152.6M
$115.2M
Total Liabilities
$2.2B
$2.0B
$2.0B
$1.9B
Preferred shares; $.0001 par value, 10,000,000 shares authorized, none issued
0
—
0
0
Common shares; $.0001 par value, 200,000,000 shares authorized, 89,698,222 and 92,281,748 shares issued and outstanding, respectively
9.0K
9.0K
9.0K
9.0K
Additional paid-in-capital
$19.9M
$15.1M
$37.9M
$15.2M
Retained earnings
$2.8B
$2.5B
$2.1B
$1.8B
Accumulated other comprehensive loss
($22.1M)
($46.6M)
($39.1M)
($48.6M)
Total Shareholders’ Equity
$2.8B
$2.5B
$2.1B
$1.8B
Total Liabilities and Shareholders’ Equity
$5.0B
$4.5B
$4.1B
$3.7B
Urban Outfitters Inc. balance sheet, quarters
Line item
Jul 31, 2026
Apr 30, 2026
Oct 31, 2025
Jul 31, 2025
Cash and cash equivalents
$598.8M
$301.4M
$306.6M
$332.2M
Marketable securities
$117.4M
$112.0M
$305.1M
$290.7M
Accounts receivable, net of allowance for doubtful accounts of $1,102, $1,209 and $2,388, respectively
$103.0M
$115.9M
$96.0M
$86.9M
Inventory
$778.5M
$726.9M
$839.8M
$696.2M
Prepaid expenses and other current assets
$226.8M
$280.5M
$210.5M
$213.4M
Total current assets
$1.8B
$1.5B
$1.8B
$1.6B
Property and equipment, net
$1.7B
$1.6B
$1.4B
$1.4B
Operating lease right-of-use assets
$1.0B
$1.0B
$1.0B
$1.0B
Marketable securities
$229.4M
$237.5M
$351.8M
$366.3M
Other assets
$363.0M
$332.8M
$350.3M
$336.5M
Total Assets
$5.1B
$4.8B
$4.9B
$4.7B
Accounts payable
$372.6M
$332.9M
$381.8M
$336.0M
Current portion of operating lease liabilities
$223.2M
$225.0M
$223.9M
$227.1M
Accrued expenses, accrued compensation and other current liabilities
$558.3M
$483.1M
$559.5M
$533.1M
Total current liabilities
$1.2B
$1.0B
$1.2B
$1.1B
Non-current portion of operating lease liabilities
$990.2M
$979.6M
$960.2M
$953.0M
Other non-current liabilities
$124.5M
$133.6M
$77.6M
$81.2M
Total Liabilities
$2.3B
$2.2B
$2.2B
$2.1B
Preferred shares; $.0001 par value, 10,000,000 shares authorized, none issued
0
0
0
0
Common shares; $.0001 par value, 200,000,000 shares authorized, 85,650,390, 89,698,222 and 89,696,293 shares issued and outstanding, respectively
9.0K
9.0K
9.0K
9.0K
Additional paid-in-capital
$7.0M
$0
$14.4M
$7.3M
Retained earnings
$2.9B
$2.6B
$2.7B
$2.6B
Accumulated other comprehensive loss
($30.5M)
($26.4M)
($31.5M)
($31.6M)
Total Shareholders’ Equity
$2.9B
$2.6B
$2.7B
$2.6B
Total Liabilities and Shareholders’ Equity
$5.1B
$4.8B
$4.9B
$4.7B
Cash flow statement
Urban Outfitters Inc. cash flow statement, fiscal years
Line item
Jan 31, 2026 · FY
Jan 31, 2025 · FY
Jan 31, 2024 · FY
Jan 31, 2023 · FY
Net income
$464.9M
$402.5M
$287.7M
$159.7M
Depreciation and amortization
$128.5M
$115.4M
$102.5M
$102.3M
Non-cash lease expense
$216.3M
$214.6M
$202.3M
$193.9M
Provision (benefit) for deferred income taxes
$12.9M
($3.0M)
$24.7M
($2.6M)
Share-based compensation expense
$30.4M
$31.0M
$30.5M
$29.4M
Amortization of tax credit investment
$17.0M
$17.2M
$15.9M
—
Store impairment and lease abandonment charges
$2.0M
$4.6M
$11.9M
—
Asset impairment
$0
$0
$6.4M
—
Loss on disposition of property and equipment, net
$555.0K
$1.6M
$309.0K
$982.0K
Receivables
($19.5M)
($7.3M)
$3.7M
($7.1M)
Inventory
($72.8M)
($72.9M)
$38.8M
($22.3M)
Prepaid expenses and other assets
($2.7M)
($17.5M)
($53.5M)
($31.3M)
Payables, accrued expenses and other liabilities
$43.0M
$59.7M
$74.2M
($49.6M)
Operating lease liabilities
($245.6M)
($243.2M)
($235.9M)
($237.2M)
Net cash provided by operating activities
$575.2M
$502.8M
$509.4M
$142.7M
Cash paid for property and equipment
($260.2M)
($182.6M)
($199.6M)
($199.5M)
Cash paid for marketable securities
($565.4M)
($542.9M)
($649.4M)
($109.1M)
Sales and maturities of marketable securities
$513.9M
$416.8M
$347.4M
$276.6M
Initial cash payment for tax credit investment
$0
$0
($20.0M)
—
Net cash used in investing activities
($311.7M)
($308.8M)
($521.6M)
($32.0M)
Proceeds from the exercise of share-based awards
$928.0K
$851.0K
$594.0K
$376.0K
Share repurchases related to share repurchase program
($153.9M)
($52.3M)
$0
($112.0M)
Share repurchases related to taxes for share-based awards
($22.0M)
($15.4M)
($8.4M)
($6.8M)
Tax credit investment liability payments
($16.4M)
($10.3M)
($4.3M)
—
Net cash used in financing activities
($191.4M)
($77.1M)
($12.1M)
($118.4M)
Effect of exchange rate changes on cash and cash equivalents
$6.6M
($4.8M)
$1.4M
$2.4M
Increase (decrease) in cash and cash equivalents
$78.7M
$112.2M
($22.9M)
($5.3M)
Cash and cash equivalents at beginning of period
$290.5M
$178.3M
$201.3M
$206.6M
Cash and cash equivalents at end of period
$369.2M
$290.5M
$178.3M
$201.3M
Non-cash investing activities—Accrued capital expenditures