Urban Outfitters (URBN) Change in Inventory (2009 - 2026)

Urban Outfitters posted quarterly Change in Inventory of -$142.0 million for Q1 2026, up 16.08% year-on-year from -$122.4 million in Q1 2025, and down 198.51% on a QoQ basis from $144.2 million in Q4 2025.

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 -$142.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Inventory rose 16.08% year-over-year to -$142.0 million; the trailing twelve-month figure through Jan 2026 stood at $72.8 million (changed 0.26% YoY), and the FY2026 full-year result was $72.8 million, changed 0.26% from the prior year.
  • Change in Inventory for Q1 2026 stood at -$142.0 million, down from $144.2 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.
  • The 5-year median for Change in Inventory is $29.8 million (2024), against an average of $4.3 million.
  • The widest annual swing landed in 2023, when Change in Inventory sank 189.19%; it then soared 1708.25% in 2024.
  • A 5-year view of Change in Inventory shows it stood at $50.7 million in 2022, then jumped by 173.16% to $138.5 million in 2023, then soared by 35.83% to $188.1 million in 2024, then slipped by 23.37% to $144.2 million in 2025, then plunged by 198.51% to -$142.0 million in 2026.
  • The last three Change in Inventory figures came in at -$142.0 million (Q1 2026), $144.2 million (Q4 2025), and $33.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Tjx Companies 170.45 Bn 164.22 Bn 4.48 Bn 382.00 Mn
2 Ross Stores 72.20 Bn 67.61 Bn 1.80 Bn -498.00 Mn
3 Burlington Stores 19.76 Bn 18.53 Bn 1.26 Bn 132.30 Mn
4 Lululemon Athletica 15.75 Bn 13.95 Bn 2.00 Bn -328.77 Mn
5 Gap 7.85 Bn 4.85 Bn 1.42 Bn -112.00 Mn
6 Urban Outfitters 6.44 Bn 5.75 Bn 599.20 Mn -142.03 Mn
7 Boot Barn Holdings 5.17 Bn 4.97 Bn 281.24 Mn -49.63 Mn
8 Victoria's Secret 4.37 Bn 3.90 Bn 855.00 Mn -308.00 Mn
9 Abercrombie & Fitch 3.57 Bn 2.80 Bn 1.10 Bn -130.99 Mn
10 American Eagle Outfitters 2.78 Bn 2.54 Bn 651.06 Mn -197.27 Mn

Historic Data

Download Data
DateValue
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
Oct 31, 2023 138.52 Mn
Oct 31, 2023 138.52 Mn