Lululemon Athletica LULU
NASDAQ LULU
$101.30 +3.24 (+3.30%)
At close: Sep 21, 2026 · 4:00 PM EDT

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

Lululemon Athletica (LULU) posted Operating Expenses of $1.0 billion for Q3 2026, down 5.06% on a QoQ basis from $1.1 billion in Q2 2026, and up 5.75% year-over-year from $951.7 million in Q3 2025.

Analysis

Lululemon Athletica (LULU) Operating Expenses (2009 - 2026) Analysis & Trends

Lululemon Athletica has reported Operating Expenses for 18 years, with the latest figure at $1.0 billion in Q3 2026.

  • On a quarterly basis, Operating Expenses rose 5.75% year-over-year to $1.0 billion in Q3 2026; TTM through Aug 2026 was $4.2 billion, a 7.5% increase from a year earlier, with the FY2026 full-year figure at $4.1 billion, up 8.08% from the prior year.
  • Operating Expenses was $1.0 billion for Q3 2026 at Lululemon Athletica, down from $1.1 billion in the prior quarter.
  • The five-year high for Operating Expenses was $1.2 billion in Q1 2026, with the low at $607.9 million in Q2 2022.
  • Average Operating Expenses over 5 years is $884.1 million, with a median of $909.8 million recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 34.06% in 2023, then fell 0.81% in 2024.
  • Over 5 years, Operating Expenses stood at $684.2 million in 2022, then surged by 34.06% to $917.3 million in 2023, then retreated by 0.81% to $909.8 million in 2024, then advanced by 8.62% to $988.3 million in 2025, then increased by 1.83% to $1.0 billion in 2026.
  • The last three Operating Expenses figures came in at $1.0 billion (Q3 2026), $1.1 billion (Q2 2026), and $1.2 billion (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Lululemon Athletica 10.45 Bn 9.06 Bn 1.46 Bn 1.01 Bn
2 Levi Strauss 7.65 Bn 6.67 Bn 979.10 Mn 856.90 Mn
3 Gildan Activewear 7.18 Bn 6.91 Bn 459.76 Mn 283.86 Mn
4 V F 5.02 Bn 4.35 Bn 917.04 Mn 1.75 Bn
5 Kontoor Brands 3.63 Bn 3.57 Bn 328.26 Mn 493.76 Mn
6 Pvh 3.38 Bn 2.42 Bn 1.32 Bn 1.09 Bn
7 Columbia Sportswear 2.91 Bn 2.29 Bn 358.43 Mn 332.19 Mn
8 Warby Parker 2.78 Bn 2.48 Bn 136.46 Mn 133.29 Mn
9 Figs 2.06 Bn 1.76 Bn 147.86 Mn 112.59 Mn
10 Under Armour 2.04 Bn 1.65 Bn 593.83 Mn 547.09 Mn
Historic Data

Historic Data

Download Data
DateValue
Aug 2, 2026 1.01 Bn
May 3, 2026 1.06 Bn
Feb 1, 2026 1.18 Bn
Nov 2, 2025 988.25 Mn
Aug 3, 2025 951.66 Mn
May 4, 2025 942.87 Mn
Feb 2, 2025 1.14 Bn
Oct 27, 2024 909.83 Mn
Jul 28, 2024 871.96 Mn
Apr 28, 2024 842.43 Mn
Jan 28, 2024 989.54 Mn
Oct 29, 2023 917.30 Mn
Jul 30, 2023 817.38 Mn
Apr 30, 2023 747.51 Mn
Jan 29, 2023 833.41 Mn
Oct 30, 2022 684.24 Mn
Jul 31, 2022 662.25 Mn
May 1, 2022 607.85 Mn
Jan 30, 2022 643.43 Mn
Oct 31, 2021 569.25 Mn
API Access

Lululemon Athletica Operating Expenses API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

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