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% YoY from $360.8 million in Q2 2025, and down 8.54% on a QoQ basis from $440.5 million in Q1 2026.
Urban Outfitters (URBN) Operating Expenses (2009 - 2026) Analysis & Trends
Urban Outfitters (URBN) has 18 years of Operating Expenses data on file, last reported at $402.9 million in Q2 2026.
- Quarterly Operating Expenses rose 11.65% year-over-year to $402.9 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $1.7 billion (up 11.77% YoY) and the FY2026 annual result came in at $1.6 billion, up 10.96% from the prior year.
- Operating Expenses eased to $402.9 million in Q2 2026, from $440.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $440.5 million in Q1 2026 to a low of $277.1 million in Q2 2022.
- A 5-year average of $351.2 million and a median of $346.8 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses advanced 23.47% — and 2023, when it gained 6.71%.
- Tracing URBN's Operating Expenses over 5 years: 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 dropped by 3.85% to $402.9 million in 2026.
- The last three Operating Expenses figures came in at $402.9 million (Q2 2026), $440.5 million (Q1 2026), and $419.0 million (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 155.79 Bn | 150.21 Bn | 4.48 Bn | 2.79 Bn |
| 2 | Ross Stores | 73.01 Bn | 68.88 Bn | 1.78 Bn | 975.86 Mn |
| 3 | Burlington Stores | 20.93 Bn | 20.19 Bn | 1.26 Bn | 2.71 Bn |
| 4 | Lululemon Athletica | 13.36 Bn | 11.84 Bn | 1.34 Bn | 1.06 Bn |
| 5 | Gap | 7.23 Bn | 4.67 Bn | 1.42 Bn | 972.00 Mn |
| 6 | Victoria's Secret | 7.03 Bn | 6.82 Bn | 585.00 Mn | 509.00 Mn |
| 7 | Urban Outfitters | 6.38 Bn | 5.97 Bn | 542.57 Mn | 402.89 Mn |
| 8 | Boot Barn Holdings | 4.90 Bn | 4.76 Bn | - | - |
| 9 | Abercrombie & Fitch | 4.70 Bn | 4.08 Bn | 682.63 Mn | 182.75 Mn |
| 10 | American Eagle Outfitters | 2.69 Bn | 2.58 Bn | 456.17 Mn | 376.49 Mn |
Historic Data
Download 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 |