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

Lululemon Athletica's Net Margin history runs 18 years deep, the most recent figure standing at 16.12% for Q1 2026.

• On a quarterly basis, Net Margin fell 460.0% year-over-year to 16.12% in Q1 2026; TTM through Feb 2026 was 14.22%, a 291.0% decrease from a year earlier, with the FY2026 full-year figure at 14.22%, down 291.0% from the prior year.
• Net Margin rose to 16.12% in Q1 2026 per LULU's latest filing, from 11.96% in the prior quarter.
• Across five years, Net Margin topped out at 20.89% in Q1 2024 and bottomed at 4.32% in Q1 2023.
• The 5-year median for Net Margin is 14.68% (2024), against an average of 14.73%.
• Across the five-year window, Net Margin sank 1609 bps in 2023 and soared 1657 bps in 2024, its largest moves.
• Year by year, Net Margin stood at 13.76% in 2022, then fell by 18 bps to 11.28% in 2023, then jumped by 30 bps to 14.68% in 2024, then dropped by 19 bps to 11.96% in 2025, then soared by 35 bps to 16.12% in 2026.
• Per Business Quant, the three latest LULU Net Margin figures stand at 16.12% (Q1 2026), 11.96% (Q4 2025), and 14.69% (Q3 2025).