Lululemon Athletica (LULU) Gross Margin (2009 - 2026)

Lululemon Athletica's Gross Margin history runs 18 years deep, the most recent figure standing at 54.87% for Q1 2026.

• On a quarterly basis, Gross Margin fell 554.0% year-over-year to 54.87% in Q1 2026; TTM through Feb 2026 was 56.6%, a 262.0% decrease from a year earlier, with the FY2026 full-year figure at 56.6%, down 262.0% from the prior year.
• Gross Margin declined to 54.87% in Q1 2026 per LULU's latest filing, from 55.57% in the prior quarter.
• Across five years, Gross Margin topped out at 60.42% in Q1 2025 and bottomed at 53.95% in Q2 2022.
• The 5-year median for Gross Margin is 57.72% (2024), against an average of 57.4%.
• Across the five-year window, Gross Margin jumped 428 bps in 2024 and plunged 554 bps in 2026, its largest moves.
• Year by year, Gross Margin stood at 55.95% in 2022, then gained by 2 bps to 57.01% in 2023, then increased by 3 bps to 58.48% in 2024, then declined by 5 bps to 55.57% in 2025, then fell by 1 bps to 54.87% in 2026.
• Per Business Quant, the three latest LULU Gross Margin figures stand at 54.87% (Q1 2026), 55.57% (Q4 2025), and 58.5% (Q3 2025).