Ralph Lauren (RL) Operating Expenses (2009 - 2026)
Ralph Lauren (RL) posted Operating Expenses of $1.1 billion for fiscal Q1 2027 (quarter ended Jun 27, 2026), up 13.7% from $968.7 million a year earlier but down 7.4% from the prior quarter.
Ralph Lauren (RL) Operating Expenses (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 27, 2026, Operating Expenses at Ralph Lauren was $4.62 billion, up 14.7% year-over-year; for FY2026 (ended Mar 28, 2026), it was $4.49 billion, up 14.5% from FY2025.
- Annual Operating Expenses has increased for five consecutive fiscal years, with a five-year compound annual growth rate of 9.1% (FY2021 to FY2026).
- In prior fiscal years, Ralph Lauren's Operating Expenses was $3.92 billion in FY2025 (+6.7%), $3.68 billion in FY2024 (+6.2%), $3.46 billion in FY2023 (+3.4%) and $3.35 billion in FY2022 (+15.3%).
- Quarterly Operating Expenses has run from a low of $763.3 million in fiscal Q2 2022 to a high of $1.21 billion in fiscal Q3 2026 over five years.
- On a year-over-year basis, Operating Expenses has increased in each of the last eight quarters, with growth averaging 12.3% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was fiscal Q3 2022, with growth of 19.6%; the weakest was fiscal Q2 2022, with a decline of 6.9%.
- According to Business Quant data, Operating Expenses for the three prior fiscal quarters was $1.19 billion (Q4 2026), $1.21 billion (Q3 2026) and $1.12 billion (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 53.14 Bn | 19.13 Bn | 5.39 Bn | 4.08 Bn |
| 2 | Tapestry | 22.87 Bn | 18.83 Bn | 1.56 Bn | 1.12 Bn |
| 3 | Ralph Lauren | 21.39 Bn | 13.49 Bn | 1.44 Bn | 1.10 Bn |
| 4 | Deckers Outdoor | 11.06 Bn | 3.93 Bn | - | - |
| 5 | Lululemon Athletica | 10.32 Bn | 4.58 Bn | 1.46 Bn | 1.01 Bn |
| 6 | Levi Strauss | 7.62 Bn | 4.28 Bn | 979.10 Mn | 856.90 Mn |
| 7 | Gildan Activewear | 6.55 Bn | 5.54 Bn | 459.76 Mn | 283.86 Mn |
| 8 | Birkenstock Holding | 6.07 Bn | 4.38 Bn | 493.89 Mn | -37.80 Mn |
| 9 | Crocs | 5.90 Bn | 5.31 Bn | 700.71 Mn | 415.03 Mn |
| 10 | V F | 5.70 Bn | 2.32 Bn | 917.04 Mn | 1.75 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 1.10 Bn |
| Mar 28, 2026 | 1.19 Bn |
| Dec 27, 2025 | 1.21 Bn |
| Sep 27, 2025 | 1.12 Bn |
| Jun 28, 2025 | 968.70 Mn |
| Mar 29, 2025 | 1.01 Bn |
| Dec 28, 2024 | 1.08 Bn |
| Sep 28, 2024 | 976.80 Mn |
| Jun 29, 2024 | 857.30 Mn |
| Mar 30, 2024 | 935.90 Mn |
| Dec 30, 2023 | 968.30 Mn |
| Sep 30, 2023 | 905.60 Mn |
| Jul 1, 2023 | 865.60 Mn |
| Apr 1, 2023 | 910.40 Mn |
| Dec 31, 2022 | 908.60 Mn |
| Oct 1, 2022 | 816.40 Mn |
| Jul 2, 2022 | 826.20 Mn |
| Apr 2, 2022 | 929.30 Mn |
| Dec 25, 2021 | 909.00 Mn |
| Sep 25, 2021 | 763.30 Mn |
Ralph Lauren 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.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=RL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "RL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=RL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();