Urban Outfitters (URBN) Operating Expenses (2009 - 2026)
Urban Outfitters (URBN) reported Operating Expenses of $440.5 million for Q1 2026, up 9.48% on a YoY basis from $402.4 million in Q1 2025, and up 5.13% quarter-over-quarter from $419.0 million in Q4 2025.
Urban Outfitters (URBN) Operating Expenses (2009 - 2026) Analysis & Trends
Urban Outfitters has reported Operating Expenses for 18 years, with the latest figure at $440.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 9.48% year-over-year to $440.5 million; the trailing twelve-month figure through Jan 2026 stood at $1.6 billion (up 10.96% YoY), and the FY2026 full-year result was $1.6 billion, up 10.96% from the prior year.
- Operating Expenses for Q1 2026 stood at $440.5 million, up from $419.0 million in the prior quarter.
- The five-year high for Operating Expenses was $440.5 million in Q1 2026, with the low at $277.1 million in Q2 2022.
- Historically, Operating Expenses has averaged $348.2 million across 5 years, with a median of $345.4 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses advanced 23.47% — and 2023, when it gained 6.71%.
- Urban Outfitters' Operating Expenses stood at $299.7 million in 2022, then advanced by 15.25% to $345.4 million in 2023, then advanced by 6.72% to $368.6 million in 2024, then grew by 13.67% to $419.0 million in 2025, then gained by 5.13% to $440.5 million in 2026.
- The last three Operating Expenses figures came in at $440.5 million (Q1 2026), $419.0 million (Q4 2025), and $391.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 177.75 Bn | 172.17 Bn | 4.48 Bn | 2.79 Bn |
| 2 | Ross Stores | 74.23 Bn | 69.64 Bn | 1.80 Bn | 990.10 Mn |
| 3 | Burlington Stores | 19.90 Bn | 19.15 Bn | 1.26 Bn | 773.83 Mn |
| 4 | Lululemon Athletica | 13.59 Bn | 11.78 Bn | 2.00 Bn | 1.18 Bn |
| 5 | Gap | 7.91 Bn | 5.35 Bn | 1.42 Bn | 972.00 Mn |
| 6 | Urban Outfitters | 6.43 Bn | 5.73 Bn | 599.20 Mn | 440.50 Mn |
| 7 | Boot Barn Holdings | 5.12 Bn | 4.92 Bn | 281.24 Mn | 166.46 Mn |
| 8 | Victoria's Secret | 4.37 Bn | 3.90 Bn | 855.00 Mn | 959.00 Mn |
| 9 | Abercrombie & Fitch | 3.57 Bn | 2.80 Bn | 1.10 Bn | 181.82 Mn |
| 10 | American Eagle Outfitters | 2.83 Bn | 2.59 Bn | 651.06 Mn | 418.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 227.15 Mn |