Urban Outfitters (URBN) Gross Margin (2009 - 2026)
Urban Outfitters (URBN) posted Gross Margin of 36.63% for Q2 2026, up 10.13% on a QoQ basis from 33.26% in Q1 2026, and down 16.0% year-over-year from 43.6% in Q2 2025.
Urban Outfitters (URBN) Gross Margin (2009 - 2026) Analysis & Trends
Urban Outfitters' Gross Margin history runs 18 years deep, the most recent figure standing at 36.63% for Q2 2026.
- Quarterly Gross Margin fell 16.0% year-over-year to 36.63% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 35.95% (up 61.0% YoY) and the FY2026 annual result came in at 35.97%, up 126.0% from the prior year.
- Gross Margin was 36.63% for Q2 2026 at Urban Outfitters, up from 33.26% in the prior quarter.
- Across five years, Gross Margin topped out at 37.62% in Q3 2025 and bottomed at 26.89% in Q1 2023.
- A 5-year average of 33.41% and a median of 33.67% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 595 bps — and 2023, when it jumped 509 bps.
- Urban Outfitters' Gross Margin stood at 30.38% in 2022, then grew by 17 bps to 35.47% in 2023, then rose by 3 bps to 36.52% in 2024, then rose by 1 bps to 36.83% in 2025, then slipped by 1 bps to 36.63% in 2026.
- Business Quant data shows URBN's Gross Margin at 36.63% in Q2 2026, 33.26% in Q1 2026, and 36.83% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 169.48 Bn | 163.90 Bn | 4.48 Bn | 31.28% |
| 2 | Ross Stores | 74.91 Bn | 70.31 Bn | 1.80 Bn | 27.19% |
| 3 | Burlington Stores | 21.30 Bn | 20.55 Bn | 1.26 Bn | 44.09% |
| 4 | Lululemon Athletica | 12.32 Bn | 10.51 Bn | 2.00 Bn | 54.87% |
| 5 | Gap | 6.81 Bn | 4.25 Bn | 1.42 Bn | 40.52% |
| 6 | Victoria's Secret | 6.71 Bn | 6.55 Bn | 585.00 Mn | 37.50% |
| 7 | Urban Outfitters | 5.96 Bn | 5.55 Bn | 542.57 Mn | 36.63% |
| 8 | Boot Barn Holdings | 4.50 Bn | 4.30 Bn | 281.24 Mn | 39.86% |
| 9 | Abercrombie & Fitch | 4.04 Bn | 3.43 Bn | 682.63 Mn | 61.29% |
| 10 | American Eagle Outfitters | 2.94 Bn | 2.70 Bn | 651.06 Mn | 35.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 36.63% |
| Jan 31, 2026 | 33.26% |
| Oct 31, 2025 | 36.83% |
| Jul 31, 2025 | 37.62% |
| Apr 30, 2025 | 36.79% |
| Jan 31, 2025 | 32.25% |
| Oct 31, 2024 | 36.52% |
| Jul 31, 2024 | 36.49% |
| Apr 30, 2024 | 34.01% |
| Jan 31, 2024 | 29.21% |
| Oct 31, 2023 | 35.47% |
| Jul 31, 2023 | 35.81% |
| Apr 30, 2023 | 33.33% |
| Jan 31, 2023 | 26.89% |
| Oct 31, 2022 | 30.38% |
| Jul 31, 2022 | 31.65% |
| Apr 30, 2022 | 30.73% |
| Jan 31, 2022 | 27.57% |
| Oct 31, 2021 | 34.54% |
| Jul 31, 2021 | 37.60% |