Urban Outfitters (URBN) Operating Expenses (2009 - 2026)
Urban Outfitters' (URBN) quarterly Operating Expenses came in at $402.9 million in Q2 2026, up 11.65% on a YoY basis from $360.8 million in Q2 2025, and down 8.54% quarter-over-quarter from $440.5 million in Q1 2026.
Analysis
Urban Outfitters (URBN) Operating Expenses (2009 - 2026) Analysis & Trends
Urban Outfitters (URBN) has reported Operating Expenses for 18 consecutive years, with $402.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 11.65% year-over-year to $402.9 million; the trailing twelve-month figure through Apr 2026 stood at $1.7 billion (up 11.77% YoY), and the FY2026 full-year result was $1.6 billion, up 10.96% from the prior year.
- Operating Expenses retreated to $402.9 million in Q2 2026 per URBN's latest filing, from $440.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $440.5 million in Q1 2026 and bottomed at $277.1 million in Q2 2022.
- Historically, Operating Expenses has averaged $351.2 million across 5 years, with a median of $346.8 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses climbed 23.47% in 2022, then advanced 6.71% in 2023.
- Over 5 years, Operating Expenses stood at $299.7 million in 2022, then grew by 15.25% to $345.4 million in 2023, then grew by 6.72% to $368.6 million in 2024, then rose by 13.67% to $419.0 million in 2025, then fell by 3.85% to $402.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $402.9 million, $440.5 million, and $419.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 139.36 Bn | 133.35 Bn | 5.07 Bn | 3.09 Bn |
| 2 | Ross Stores | 71.50 Bn | 67.21 Bn | 2.12 Bn | 1.02 Bn |
| 3 | Burlington Stores | 15.08 Bn | 14.38 Bn | 1.39 Bn | 2.76 Bn |
| 4 | Gap | 7.60 Bn | 5.11 Bn | 1.93 Bn | 1.25 Bn |
| 5 | Urban Outfitters | 6.79 Bn | 6.38 Bn | 542.57 Mn | 402.89 Mn |
| 6 | Abercrombie & Fitch | 6.67 Bn | 6.03 Bn | 822.65 Mn | 204.78 Mn |
| 7 | Victoria's Secret | 6.15 Bn | 5.62 Bn | 759.00 Mn | 502.00 Mn |
| 8 | Boot Barn Holdings | 4.38 Bn | 4.24 Bn | - | - |
| 9 | American Eagle Outfitters | 2.85 Bn | 2.75 Bn | 456.17 Mn | 376.49 Mn |
| 10 | Buckle | 2.08 Bn | 1.79 Bn | 133.48 Mn | 129.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 402.89 Mn |
| Jan 31, 2026 | 440.50 Mn |
| Oct 31, 2025 | 419.01 Mn |
| Jul 31, 2025 | 391.77 Mn |
| Apr 30, 2025 | 360.84 Mn |
| Jan 31, 2025 | 402.37 Mn |
| Oct 31, 2024 | 368.63 Mn |
| Jul 31, 2024 | 348.15 Mn |
| Apr 30, 2024 | 333.76 Mn |
| Jan 31, 2024 | 370.45 Mn |
| Oct 31, 2023 | 345.43 Mn |
| Jul 31, 2023 | 323.48 Mn |
| Apr 30, 2023 | 299.85 Mn |
| Jan 31, 2023 | 335.07 Mn |
| Oct 31, 2022 | 299.73 Mn |
| Jul 31, 2022 | 288.73 Mn |
| Apr 30, 2022 | 277.06 Mn |
| Jan 31, 2022 | 313.99 Mn |
| Oct 31, 2021 | 274.84 Mn |
| Jul 31, 2021 | 269.41 Mn |