Urban Outfitters (URBN) Gross Margin (2009 - 2026)
Urban Outfitters' (URBN) quarterly Gross Margin came in at 36.63% in Q2 2026, down 16.0% on a YoY basis from 43.6% in Q2 2025, and up 10.13% quarter-over-quarter from 33.26% in Q1 2026.
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Urban Outfitters (URBN) Gross Margin (2009 - 2026) Analysis & Trends
Urban Outfitters (URBN) has reported Gross Margin for 18 consecutive years, with 36.63% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 16.0% year-over-year to 36.63%; the trailing twelve-month figure through Apr 2026 stood at 35.95% (up 61.0% YoY), and the FY2026 full-year result was 35.97%, up 126.0% from the prior year.
- Gross Margin advanced to 36.63% in Q2 2026 per URBN's latest filing, 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.
- Historically, Gross Margin has averaged 33.41% across 5 years, with a median of 33.67% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 595 bps in 2022, then surged 509 bps in 2023.
- Over 5 years, 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.
- According to Business Quant data, Gross Margin over the past three periods registered 36.63%, 33.26%, and 36.83% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 139.66 Bn | 133.65 Bn | 5.07 Bn | 33.41% |
| 2 | Ross Stores | 71.61 Bn | 67.32 Bn | 2.12 Bn | 33.83% |
| 3 | Burlington Stores | 14.97 Bn | 14.27 Bn | 1.39 Bn | 46.24% |
| 4 | Gap | 7.43 Bn | 4.94 Bn | 1.93 Bn | 52.83% |
| 5 | Urban Outfitters | 6.62 Bn | 6.20 Bn | 542.57 Mn | 36.63% |
| 6 | Abercrombie & Fitch | 6.27 Bn | 5.63 Bn | 822.65 Mn | 64.94% |
| 7 | Victoria's Secret | 5.86 Bn | 5.34 Bn | 759.00 Mn | 47.11% |
| 8 | Boot Barn Holdings | 4.30 Bn | 4.16 Bn | - | - |
| 9 | American Eagle Outfitters | 2.44 Bn | 2.34 Bn | 456.17 Mn | 38.16% |
| 10 | Buckle | 2.04 Bn | 1.75 Bn | 133.48 Mn | 46.23% |
Historic Data
Download Data
Historic 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% |