Urban Outfitters (URBN) Change in Inventory (2009 - 2026)
Urban Outfitters (URBN) posted Change in Inventory of $26.7 million for Q2 2026, up 118.82% on a QoQ basis from -$142.0 million in Q1 2026, and down 28.49% year-over-year from $37.4 million in Q2 2025.
Urban Outfitters (URBN) Change in Inventory (2009 - 2026) Analysis & Trends
Urban Outfitters' Change in Inventory history runs 18 years deep, the most recent figure standing at $26.7 million for Q2 2026.
- Quarterly Change in Inventory fell 28.49% year-over-year to $26.7 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $62.1 million (down 22.86% YoY) and the FY2026 annual result came in at $72.8 million, changed 0.26% from the prior year.
- Change in Inventory was $26.7 million for Q2 2026 at Urban Outfitters, up from -$142.0 million in the prior quarter.
- Across five years, Change in Inventory topped out at $188.1 million in Q4 2024 and bottomed at -$174.0 million in Q1 2024.
- A 5-year average of $5.5 million and a median of $28.3 million in 2024 frame the typical range for Change in Inventory.
- Annual changes were most pronounced in 2023 — Change in Inventory slumped 189.19% — and 2024, when it soared 1708.25%.
- Urban Outfitters' Change in Inventory stood at $50.7 million in 2022, then surged by 173.16% to $138.5 million in 2023, then jumped by 35.83% to $188.1 million in 2024, then dropped by 23.37% to $144.2 million in 2025, then slumped by 81.46% to $26.7 million in 2026.
- Business Quant data shows URBN's Change in Inventory at $26.7 million in Q2 2026, -$142.0 million in Q1 2026, and $144.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 169.48 Bn | 163.90 Bn | 4.48 Bn | 382.00 Mn |
| 2 | Ross Stores | 74.91 Bn | 70.31 Bn | 1.80 Bn | -498.00 Mn |
| 3 | Burlington Stores | 21.30 Bn | 20.55 Bn | 1.26 Bn | 132.30 Mn |
| 4 | Lululemon Athletica | 12.32 Bn | 10.51 Bn | 2.00 Bn | -328.77 Mn |
| 5 | Gap | 6.81 Bn | 4.25 Bn | 1.42 Bn | -112.00 Mn |
| 6 | Victoria's Secret | 6.71 Bn | 6.55 Bn | 585.00 Mn | 26.00 Mn |
| 7 | Urban Outfitters | 5.96 Bn | 5.55 Bn | 542.57 Mn | 26.74 Mn |
| 8 | Boot Barn Holdings | 4.50 Bn | 4.30 Bn | 281.24 Mn | -49.63 Mn |
| 9 | Abercrombie & Fitch | 4.04 Bn | 3.43 Bn | 682.63 Mn | -68.30 Mn |
| 10 | American Eagle Outfitters | 2.94 Bn | 2.70 Bn | 651.06 Mn | -197.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 26.74 Mn |
| Apr 30, 2026 | 26.74 Mn |
| Jan 31, 2026 | -142.03 Mn |
| Jan 31, 2026 | -142.03 Mn |
| Oct 31, 2025 | 144.18 Mn |
| Oct 31, 2025 | 144.18 Mn |
| Jul 31, 2025 | 33.23 Mn |
| Jul 31, 2025 | 33.23 Mn |
| Apr 30, 2025 | 37.39 Mn |
| Apr 30, 2025 | 37.39 Mn |
| Jan 31, 2025 | -169.25 Mn |
| Jan 31, 2025 | -169.25 Mn |
| Oct 31, 2024 | 188.14 Mn |
| Oct 31, 2024 | 188.14 Mn |
| Jul 31, 2024 | 24.23 Mn |
| Jul 31, 2024 | 24.23 Mn |
| Apr 30, 2024 | 29.82 Mn |
| Apr 30, 2024 | 29.82 Mn |
| Jan 31, 2024 | -174.00 Mn |
| Jan 31, 2024 | -174.00 Mn |