Urban Outfitters (URBN) Change in Inventory (2009 - 2026)
Urban Outfitters' (URBN) quarterly Change in Inventory came in at $26.7 million in Q2 2026, down 28.49% YoY from $37.4 million in Q2 2025, and up 118.82% on a QoQ basis from -$142.0 million in Q1 2026.
Urban Outfitters (URBN) Change in Inventory (2009 - 2026) Analysis & Trends
Urban Outfitters (URBN) has 18 years of Change in Inventory data on file, last reported at $26.7 million in 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 rose to $26.7 million in Q2 2026, from -$142.0 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $188.1 million in Q4 2024 to a low of -$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 tumbled 189.19% — and 2024, when it soared 1708.25%.
- Tracing URBN's Change in Inventory over 5 years: stood at $50.7 million in 2022, then soared by 173.16% to $138.5 million in 2023, then surged by 35.83% to $188.1 million in 2024, then decreased by 23.37% to $144.2 million in 2025, then plunged by 81.46% to $26.7 million in 2026.
- The last three Change in Inventory figures came in at $26.7 million (Q2 2026), -$142.0 million (Q1 2026), and $144.2 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 155.48 Bn | 149.90 Bn | 4.48 Bn | 382.00 Mn |
| 2 | Ross Stores | 76.36 Bn | 72.23 Bn | 1.78 Bn | 345.99 Mn |
| 3 | Burlington Stores | 20.56 Bn | 19.81 Bn | 1.26 Bn | 132.30 Mn |
| 4 | Lululemon Athletica | 13.95 Bn | 12.43 Bn | 1.34 Bn | -23.64 Mn |
| 5 | Gap | 7.26 Bn | 4.70 Bn | 1.42 Bn | -112.00 Mn |
| 6 | Victoria's Secret | 6.93 Bn | 6.72 Bn | 585.00 Mn | 26.00 Mn |
| 7 | Urban Outfitters | 6.49 Bn | 6.08 Bn | 542.57 Mn | 26.74 Mn |
| 8 | Boot Barn Holdings | 5.02 Bn | 4.88 Bn | - | - |
| 9 | Abercrombie & Fitch | 4.89 Bn | 4.27 Bn | 682.63 Mn | -68.30 Mn |
| 10 | American Eagle Outfitters | 2.71 Bn | 2.61 Bn | 456.17 Mn | 114.51 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 |