Urban Outfitters (URBN) Operating Expenses (2009 - 2026)
Urban Outfitters' Operating Expenses came in at $432.81 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 10.5% from $391.77 million a year earlier and up 7.4% from the prior quarter.
Urban Outfitters (URBN) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Urban Outfitters reported Operating Expenses of $1.7 billion, up 11.3% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $1.61 billion, up 11.0% from FY2025.
- Operating Expenses has increased in each of the last five fiscal years, with a five-year compound annual growth rate of 13.4% (FY2021 to FY2026).
- Going back by fiscal year, Operating Expenses was $1.45 billion in FY2025 (+8.5%), $1.34 billion in FY2024 (+11.5%), $1.2 billion in FY2023 (+10.6%) and $1.09 billion in FY2022 (+26.5%).
- The five-year range for quarterly Operating Expenses is $274.84 million (fiscal Q3 2022) to $440.5 million (fiscal Q4 2026).
- Year-over-year, Operating Expenses has increased for 22 consecutive quarters, with growth averaging 10.2% over the last eight quarters.
- Over the past five years, the year-over-year growth in Operating Expenses ranged from 6.7% (fiscal Q4 2023) to 23.5% (fiscal Q4 2022).
- Business Quant data shows URBN's Operating Expenses at $402.89 million (Q1 2027), $440.5 million (Q4 2026) and $419.01 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,659.84 Bn | 2,176.54 Bn | 104.83 Bn | 173.15 Bn |
| 2 | Home Depot | 287.59 Bn | 280.83 Bn | 16.12 Bn | 9.28 Bn |
| 3 | Tjx Companies | 147.38 Bn | 124.93 Bn | 5.07 Bn | 3.09 Bn |
| 4 | Lowes Companies | 105.03 Bn | 97.99 Bn | 8.58 Bn | 4.46 Bn |
| 5 | Ross Stores | 74.93 Bn | 57.86 Bn | 2.12 Bn | 1.02 Bn |
| 6 | Target | 71.05 Bn | 65.64 Bn | 8.94 Bn | 5.73 Bn |
| 7 | O Reilly Automotive | 70.25 Bn | 69.33 Bn | 2.52 Bn | 1.53 Bn |
| 8 | Carvana | 69.96 Bn | 61.56 Bn | 1.38 Bn | 704.00 Mn |
| 9 | Autozone | 46.92 Bn | 45.82 Bn | 2.52 Bn | 1.60 Bn |
| 10 | Urban Outfitters | 6.48 Bn | 4.04 Bn | 721.55 Mn | 432.81 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 432.81 Mn |
| 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 |
Urban Outfitters Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=URBN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "URBN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=URBN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();