Lululemon Athletica (LULU) Shares Outstanding (Diluted) (2009 - 2026)
Lululemon Athletica's Shares Outstanding (Diluted) was 112.92 million in fiscal Q2 2027 (quarter ended Aug 2, 2026), down 5.6% from 119.68 million a year earlier and down 2.2% from the prior quarter.
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Analysis
Lululemon Athletica (LULU) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2026 (ended Feb 1, 2026), Shares Outstanding (Diluted) at Lululemon Athletica came in at 119.07 million, down 3.9% from FY2025.
- Shares Outstanding (Diluted) has now declined for 12 consecutive fiscal years, with a five-year compound annual growth rate of -1.9% (FY2021 to FY2026).
- In earlier fiscal years, Shares Outstanding (Diluted) was 123.94 million in FY2025 (-2.5%), 127.06 million in FY2024 (-0.7%), 128.02 million in FY2023 (-1.7%) and 130.3 million in FY2022 (-0.4%).
- The fiscal Q2 2027 figure marks the lowest quarterly Shares Outstanding (Diluted) in data going back to fiscal Q2 2010.
- Compared with a year earlier, Shares Outstanding (Diluted) has declined for 21 straight quarters, with an average decline of 3.9% over the last eight quarters.
- Over the past five years, the year-over-year decline in Shares Outstanding (Diluted) ranged from 0.4% (fiscal Q4 2022) to 5.6% (fiscal Q2 2027).
- Per Business Quant data, LULU's Shares Outstanding (Diluted) in the three fiscal quarters before Q2 2027 was 115.48 million (Q1 2027), 119.07 million (Q4 2026) and 118.55 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 55.46 Bn | 21.67 Bn | 4.80 Bn | 1.48 Bn |
| 2 | Ralph Lauren | 22.66 Bn | 14.75 Bn | 1.44 Bn | 61.30 Mn |
| 3 | Tapestry | 22.52 Bn | 18.48 Bn | 1.56 Bn | 210.20 Mn |
| 4 | Deckers Outdoor | 11.60 Bn | 4.47 Bn | - | 144.29 Mn |
| 5 | Lululemon Athletica | 11.17 Bn | 5.42 Bn | 1.46 Bn | 112.92 Mn |
| 6 | Levi Strauss | 8.18 Bn | 4.76 Bn | 1.07 Bn | 390.62 Mn |
| 7 | V F | 6.74 Bn | 3.36 Bn | 917.04 Mn | 392.11 Mn |
| 8 | Gildan Activewear | 6.47 Bn | 5.39 Bn | 459.76 Mn | 160.20 Mn |
| 9 | Birkenstock Holding | 6.11 Bn | 4.43 Bn | 493.89 Mn | 186.51 Mn |
| 10 | Crocs | 5.83 Bn | 5.25 Bn | 700.71 Mn | 49.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 112.92 Mn |
| May 3, 2026 | 115.48 Mn |
| Feb 1, 2026 | 119.07 Mn |
| Nov 2, 2025 | 118.55 Mn |
| Aug 3, 2025 | 119.68 Mn |
| May 4, 2025 | 120.84 Mn |
| Feb 2, 2025 | 123.94 Mn |
| Oct 27, 2024 | 122.80 Mn |
| Jul 28, 2024 | 124.86 Mn |
| Apr 28, 2024 | 126.34 Mn |
| Jan 28, 2024 | 127.06 Mn |
| Oct 29, 2023 | 126.77 Mn |
| Jul 30, 2023 | 127.26 Mn |
| Apr 30, 2023 | 127.62 Mn |
| Jan 29, 2023 | 128.02 Mn |
| Oct 30, 2022 | 127.82 Mn |
| Jul 31, 2022 | 127.91 Mn |
| May 1, 2022 | 128.54 Mn |
| Jan 30, 2022 | 130.30 Mn |
| Oct 31, 2021 | 130.19 Mn |
API Access
Lululemon Athletica Shares Outstanding (Diluted) 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.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=LULU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "LULU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=LULU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();