KPIs & Operating Metrics(New)
Growth Metrics

Lululemon Athletica (LULU) Net Margin (2016 - 2026)

Lululemon Athletica (LULU) has 17 years of Net Margin data on record, last reported at 11.96% in Q4 2025.

  • For Q4 2025, Net Margin fell 272.0% year-over-year to 11.96%; the TTM value through Nov 2025 reached 15.72%, down 133.0%, while the annual FY2025 figure was 17.14%, 102.0% up from the prior year.
  • Net Margin reached 11.96% in Q4 2025 per LULU's latest filing, down from 14.69% 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.
  • Average Net Margin over 5 years is 14.63%, with a median of 14.53% recorded in 2023.
  • Peak YoY movement for Net Margin: tumbled -1609bps in 2023, then skyrocketed 1657bps in 2024.
  • A 5-year view of Net Margin shows it stood at 12.95% in 2021, then grew by 6bps to 13.76% in 2022, then fell by -18bps to 11.28% in 2023, then skyrocketed by 30bps to 14.68% in 2024, then dropped by -19bps to 11.96% in 2025.
  • Per Business Quant database, its latest 3 readings for Net Margin were 11.96% in Q4 2025, 14.69% in Q3 2025, and 13.27% in Q2 2025.