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
DateValue
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%