Lululemon Athletica (LULU) Cost of Revenue (2009 - 2026)
Lululemon Athletica's (LULU) quarterly Cost of Revenue came in at $1.6 billion in Q1 2026, up 14.93% year-on-year from $1.4 billion in Q1 2025, and up 44.11% quarter-over-quarter from $1.1 billion in Q4 2025.
Lululemon Athletica (LULU) Cost of Revenue (2009 - 2026) Analysis & Trends
Lululemon Athletica's Cost of Revenue history runs 18 years deep, the most recent figure standing at $1.6 billion for Q1 2026.
- On a quarterly basis, Cost of Revenue rose 14.93% year-over-year to $1.6 billion in Q1 2026; TTM through Feb 2026 was $4.8 billion, a 11.61% 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 improved to $1.6 billion in Q1 2026 per LULU's latest filing, from $1.1 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $1.6 billion in Q1 2026 and bottomed at $743.1 million in Q2 2022.
- The 5-year median for Cost of Revenue is $958.9 million (2024), against an average of $1.0 billion.
- Across the five-year window, Cost of Revenue jumped 41.23% in 2022 and climbed 4.62% in 2024, its largest moves.
- Year by year, Cost of Revenue stood at $818.0 million in 2022, then advanced by 15.83% to $947.6 million in 2023, then gained by 5.01% to $995.1 million in 2024, then gained by 14.57% to $1.1 billion in 2025, then jumped by 44.11% to $1.6 billion in 2026.
- Per Business Quant, the three latest LULU Cost of Revenue figures stand at $1.6 billion (Q1 2026), $1.1 billion (Q4 2025), and $1.0 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 173.13 Bn | 167.55 Bn | 4.48 Bn | 9.84 Bn |
| 2 | Ross Stores | 78.41 Bn | 73.81 Bn | 1.80 Bn | 4.83 Bn |
| 3 | Burlington Stores | 22.45 Bn | 21.71 Bn | 1.26 Bn | 1.59 Bn |
| 4 | Lululemon Athletica | 14.05 Bn | 12.25 Bn | 2.00 Bn | 1.64 Bn |
| 5 | Gap | 7.19 Bn | 4.63 Bn | 1.42 Bn | 2.08 Bn |
| 6 | Victoria's Secret | 6.94 Bn | 6.74 Bn | 585.00 Mn | 975.00 Mn |
| 7 | Urban Outfitters | 6.36 Bn | 5.95 Bn | 542.57 Mn | 938.78 Mn |
| 8 | Boot Barn Holdings | 4.72 Bn | 4.52 Bn | 281.24 Mn | 424.40 Mn |
| 9 | Abercrombie & Fitch | 4.48 Bn | 3.86 Bn | 682.63 Mn | 431.20 Mn |
| 10 | American Eagle Outfitters | 3.06 Bn | 2.82 Bn | 651.06 Mn | 1.16 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 1, 2026 | 1.64 Bn |
| Feb 1, 2026 | 1.64 Bn |
| Nov 2, 2025 | 1.14 Bn |
| Nov 2, 2025 | 1.14 Bn |
| Aug 3, 2025 | 1.05 Bn |
| Aug 3, 2025 | 1.05 Bn |
| May 4, 2025 | 987.53 Mn |
| May 4, 2025 | 987.53 Mn |
| Feb 2, 2025 | 1.43 Bn |
| Feb 2, 2025 | 1.43 Bn |
| Oct 27, 2024 | 995.05 Mn |
| Oct 27, 2024 | 995.05 Mn |
| Jul 28, 2024 | 958.89 Mn |
| Jul 28, 2024 | 958.89 Mn |
| Apr 28, 2024 | 933.82 Mn |
| Apr 28, 2024 | 933.82 Mn |
| Jan 28, 2024 | 1.30 Bn |
| Jan 28, 2024 | 1.30 Bn |
| Oct 29, 2023 | 947.55 Mn |
| Oct 29, 2023 | 947.55 Mn |