Urban Outfitters (URBN) Operating Expenses (2009 - 2026)

Urban Outfitters (URBN) posted Operating Expenses of $402.9 million for Q2 2026, down 8.54% on a QoQ basis from $440.5 million in Q1 2026, and up 11.65% year-over-year from $360.8 million in Q2 2025.

Urban Outfitters (URBN) Operating Expenses (2009 - 2026) Analysis & Trends

Urban Outfitters' Operating Expenses history runs 18 years deep, the most recent figure standing at $402.9 million for 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 was $402.9 million for Q2 2026 at Urban Outfitters, down 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.
  • 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 increased 23.47% — and 2023, when it grew 6.71%.
  • Urban Outfitters' 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.
  • Business Quant data shows URBN's Operating Expenses at $402.9 million in Q2 2026, $440.5 million in Q1 2026, and $419.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Tjx Companies 169.48 Bn 163.90 Bn 4.48 Bn 2.79 Bn
2 Ross Stores 74.91 Bn 70.31 Bn 1.80 Bn 990.10 Mn
3 Burlington Stores 21.30 Bn 20.55 Bn 1.26 Bn 2.71 Bn
4 Lululemon Athletica 12.32 Bn 10.51 Bn 2.00 Bn 1.18 Bn
5 Gap 6.81 Bn 4.25 Bn 1.42 Bn 972.00 Mn
6 Victoria's Secret 6.71 Bn 6.55 Bn 585.00 Mn 403.00 Mn
7 Urban Outfitters 5.96 Bn 5.55 Bn 542.57 Mn 402.89 Mn
8 Boot Barn Holdings 4.50 Bn 4.30 Bn 281.24 Mn 295.14 Mn
9 Abercrombie & Fitch 4.04 Bn 3.43 Bn 682.63 Mn 182.75 Mn
10 American Eagle Outfitters 2.94 Bn 2.70 Bn 651.06 Mn 418.20 Mn

Historic Data

Download Data
DateValue
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