Urban Outfitters (URBN) Gross Margin (2009 - 2026)
Urban Outfitters' (URBN) quarterly Gross Margin came in at 36.63% in Q2 2026, down 16.0% YoY from 43.6% in Q2 2025, and up 10.13% on a QoQ basis from 33.26% in Q1 2026.
Urban Outfitters (URBN) Gross Margin (2009 - 2026) Analysis & Trends
Urban Outfitters (URBN) has 18 years of Gross Margin data on file, last reported at 36.63% in 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 improved to 36.63% in Q2 2026, from 33.26% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 37.62% in Q3 2025 to a low of 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 tumbled 595 bps — and 2023, when it jumped 509 bps.
- Tracing URBN's Gross Margin over 5 years: stood at 30.38% in 2022, then advanced by 17 bps to 35.47% in 2023, then grew by 3 bps to 36.52% in 2024, then grew by 1 bps to 36.83% in 2025, then retreated by 1 bps to 36.63% in 2026.
- The last three Gross Margin figures came in at 36.63% (Q2 2026), 33.26% (Q1 2026), and 36.83% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 156.16 Bn | 150.58 Bn | 4.48 Bn | 31.28% |
| 2 | Ross Stores | 77.23 Bn | 73.09 Bn | 1.78 Bn | 29.61% |
| 3 | Burlington Stores | 20.66 Bn | 19.92 Bn | 1.26 Bn | 44.17% |
| 4 | Lululemon Athletica | 13.85 Bn | 12.34 Bn | 1.34 Bn | 54.17% |
| 5 | Gap | 7.38 Bn | 4.82 Bn | 1.42 Bn | 40.52% |
| 6 | Victoria's Secret | 6.95 Bn | 6.74 Bn | 585.00 Mn | 37.50% |
| 7 | Urban Outfitters | 6.55 Bn | 6.14 Bn | 542.57 Mn | 36.63% |
| 8 | Boot Barn Holdings | 5.02 Bn | 4.88 Bn | - | - |
| 9 | Abercrombie & Fitch | 4.84 Bn | 4.22 Bn | 682.63 Mn | 61.29% |
| 10 | American Eagle Outfitters | 2.72 Bn | 2.61 Bn | 456.17 Mn | 38.16% |
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% |