Urban Outfitters (URBN) Gross Margin (2009 - 2026)

Urban Outfitters (URBN) reported Gross Margin of 33.26% for Q1 2026, up 100.0% on a YoY basis from 16.63% in Q1 2025, and down 9.71% quarter-over-quarter from 36.83% in Q4 2025.

Urban Outfitters (URBN) Gross Margin (2009 - 2026) Analysis & Trends

Urban Outfitters has reported Gross Margin for 18 years, with the latest figure at 33.26% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 100.0% year-over-year to 33.26%; the trailing twelve-month figure through Jan 2026 stood at 35.97% (up 126.0% YoY), and the FY2026 full-year result was 35.97%, up 126.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 33.26%, down from 36.83% in the prior quarter.
  • The five-year high for Gross Margin was 37.62% in Q3 2025, with the low at 26.89% in Q1 2023.
  • Historically, Gross Margin has averaged 33.22% across 5 years, with a median of 33.33% in 2023.
  • Annual changes were most pronounced in 2022 — Gross Margin tumbled 595 bps — and 2023, when it jumped 509 bps.
  • Urban Outfitters' Gross Margin 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 dropped by 10 bps to 33.26% in 2026.
  • The last three Gross Margin figures came in at 33.26% (Q1 2026), 36.83% (Q4 2025), and 37.62% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Tjx Companies 177.75 Bn 172.17 Bn 4.48 Bn 31.28%
2 Ross Stores 74.23 Bn 69.64 Bn 1.80 Bn 27.19%
3 Burlington Stores 19.90 Bn 19.15 Bn 1.26 Bn 44.17%
4 Lululemon Athletica 13.59 Bn 11.78 Bn 2.00 Bn 54.87%
5 Gap 7.91 Bn 5.35 Bn 1.42 Bn 40.52%
6 Urban Outfitters 6.43 Bn 5.73 Bn 599.20 Mn 33.26%
7 Boot Barn Holdings 5.12 Bn 4.92 Bn 281.24 Mn 39.86%
8 Victoria's Secret 4.37 Bn 3.90 Bn 855.00 Mn 37.68%
9 Abercrombie & Fitch 3.57 Bn 2.80 Bn 1.10 Bn 65.58%
10 American Eagle Outfitters 2.83 Bn 2.59 Bn 651.06 Mn 35.95%

Historic Data

Download Data
DateValue
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%
Apr 30, 2021 32.42%