Lululemon Athletica (LULU) Cost of Revenue (2009 - 2026)
Lululemon Athletica (LULU) posted Cost of Revenue of $953.8 million for Q3 2026, down 15.8% on a QoQ basis from $1.1 billion in Q2 2026, and down 8.99% year-over-year from $1.0 billion in Q3 2025.
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Analysis
Lululemon Athletica (LULU) Cost of Revenue (2009 - 2026) Analysis & Trends
Lululemon Athletica has reported Cost of Revenue for 18 years, with the latest figure at $953.8 million in Q3 2026.
- On a quarterly basis, Cost of Revenue fell 8.99% year-over-year to $953.8 million in Q3 2026; TTM through Aug 2026 was $4.9 billion, a 9.18% increase from a year earlier, with the FY2026 full-year figure at $4.8 billion, up 11.61% from the prior year.
- Cost of Revenue was $953.8 million for Q3 2026 at Lululemon Athletica, down from $1.1 billion in the prior quarter.
- The five-year high for Cost of Revenue was $1.6 billion in Q1 2026, with the low at $743.1 million in Q2 2022.
- Average Cost of Revenue over 5 years is $1.0 billion, with a median of $958.9 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Cost of Revenue soared 41.23% in 2022, then decreased 8.99% in 2026.
- Over 5 years, Cost of Revenue stood at $818.0 million in 2022, then climbed by 15.83% to $947.6 million in 2023, then advanced by 5.01% to $995.1 million in 2024, then advanced by 14.57% to $1.1 billion in 2025, then decreased by 16.34% to $953.8 million in 2026.
- The last three Cost of Revenue figures came in at $953.8 million (Q3 2026), $1.1 billion (Q2 2026), and $1.6 billion (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Lululemon Athletica | 10.45 Bn | 9.06 Bn | 1.46 Bn | 953.75 Mn |
| 2 | Levi Strauss | 7.65 Bn | 6.67 Bn | 979.10 Mn | 582.90 Mn |
| 3 | Gildan Activewear | 7.18 Bn | 6.91 Bn | 459.76 Mn | 1.12 Bn |
| 4 | V F | 5.02 Bn | 4.35 Bn | 917.04 Mn | 752.34 Mn |
| 5 | Kontoor Brands | 3.63 Bn | 3.57 Bn | 328.26 Mn | 256.03 Mn |
| 6 | Pvh | 3.38 Bn | 2.42 Bn | 1.32 Bn | 775.20 Mn |
| 7 | Columbia Sportswear | 2.91 Bn | 2.29 Bn | 358.43 Mn | 255.93 Mn |
| 8 | Warby Parker | 2.78 Bn | 2.48 Bn | 136.46 Mn | 99.05 Mn |
| 9 | Figs | 2.06 Bn | 1.76 Bn | 147.86 Mn | 48.76 Mn |
| 10 | Under Armour | 2.04 Bn | 1.65 Bn | 593.83 Mn | 504.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 953.75 Mn |
| May 3, 2026 | 1.13 Bn |
| Feb 1, 2026 | 1.64 Bn |
| Nov 2, 2025 | 1.14 Bn |
| Aug 3, 2025 | 1.05 Bn |
| May 4, 2025 | 987.53 Mn |
| Feb 2, 2025 | 1.43 Bn |
| Oct 27, 2024 | 995.05 Mn |
| Jul 28, 2024 | 958.89 Mn |
| Apr 28, 2024 | 933.82 Mn |
| Jan 28, 2024 | 1.30 Bn |
| Oct 29, 2023 | 947.55 Mn |
| Jul 30, 2023 | 910.65 Mn |
| Apr 30, 2023 | 849.99 Mn |
| Jan 29, 2023 | 1.24 Bn |
| Oct 30, 2022 | 818.04 Mn |
| Jul 31, 2022 | 812.85 Mn |
| May 1, 2022 | 743.07 Mn |
| Jan 30, 2022 | 892.94 Mn |
| Oct 31, 2021 | 621.03 Mn |
API Access
Lululemon Athletica Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=LULU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "LULU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=LULU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();