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| Date | Value |
|---|---|
| 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% |