Lululemon Athletica (LULU) Operating Expenses (2009 - 2026)

Lululemon Athletica's Operating Expenses history runs 18 years deep, the most recent figure standing at $1.2 billion for Q1 2026.

• On a quarterly basis, Operating Expenses rose 4.01% year-over-year to $1.2 billion in Q1 2026; TTM through Feb 2026 was $4.1 billion, a 8.08% increase from a year earlier, with the FY2026 full-year figure at $4.1 billion, up 8.08% from the prior year.
• Operating Expenses grew to $1.2 billion in Q1 2026 per LULU's latest filing, from $988.3 million in the prior quarter.
• Across five years, Operating Expenses topped out at $1.2 billion in Q1 2023 and bottomed at $607.9 million in Q2 2022.
• The 5-year median for Operating Expenses is $909.8 million (2024), against an average of $888.8 million.
• Across the five-year window, Operating Expenses soared 88.21% in 2023 and fell 18.29% in 2024, its largest moves.
• Year by year, Operating Expenses stood at $684.2 million in 2022, then jumped by 34.06% to $917.3 million in 2023, then fell by 0.81% to $909.8 million in 2024, then gained by 8.62% to $988.3 million in 2025, then rose by 19.78% to $1.2 billion in 2026.
• Per Business Quant, the three latest LULU Operating Expenses figures stand at $1.2 billion (Q1 2026), $988.3 million (Q4 2025), and $951.7 million (Q3 2025).