Urban Outfitters (URBN) Operating Leases (2019 - 2026)
Urban Outfitters (URBN) posted Operating Leases of $979.6 million for Q2 2026, down 2.05% on a QoQ basis from $1.0 billion in Q1 2026, and up 7.75% year-over-year from $909.2 million in Q2 2025.
Urban Outfitters (URBN) Operating Leases (2019 - 2026) Analysis & Trends
Urban Outfitters' Operating Leases history runs 8 years deep, the most recent figure standing at $979.6 million for Q2 2026.
- Quarterly Operating Leases rose 7.75% year-over-year to $979.6 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $979.6 million (up 7.75% YoY) and the FY2026 annual result came in at $1.0 billion, up 14.79% from the prior year.
- Operating Leases was $979.6 million for Q2 2026 at Urban Outfitters, down from $1.0 billion in the prior quarter.
- Across five years, Operating Leases topped out at $1.0 billion in Q1 2026 and bottomed at $845.6 million in Q2 2023.
- A 5-year average of $899.7 million and a median of $881.1 million in 2023 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases declined 15.68% — and 2026, when it climbed 14.79%.
- Urban Outfitters' Operating Leases stood at $861.0 million in 2022, then fell by 0.38% to $857.8 million in 2023, then gained by 2.51% to $879.4 million in 2024, then rose by 9.2% to $960.2 million in 2025, then grew by 2.02% to $979.6 million in 2026.
- Business Quant data shows URBN's Operating Leases at $979.6 million in Q2 2026, $1.0 billion in Q1 2026, and $960.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tjx Companies | 169.48 Bn | 163.90 Bn | 4.48 Bn |
| 2 | Ross Stores | 74.91 Bn | 70.31 Bn | 1.80 Bn |
| 3 | Burlington Stores | 21.30 Bn | 20.55 Bn | 1.26 Bn |
| 4 | Lululemon Athletica | 12.32 Bn | 10.51 Bn | 2.00 Bn |
| 5 | Gap | 6.81 Bn | 4.25 Bn | 1.42 Bn |
| 6 | Victoria's Secret | 6.71 Bn | 6.55 Bn | 585.00 Mn |
| 7 | Urban Outfitters | 5.96 Bn | 5.55 Bn | 542.57 Mn |
| 8 | Boot Barn Holdings | 4.50 Bn | 4.30 Bn | 281.24 Mn |
| 9 | Abercrombie & Fitch | 4.04 Bn | 3.43 Bn | 682.63 Mn |
| 10 | American Eagle Outfitters | 2.94 Bn | 2.70 Bn | 651.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 979.60 Mn |
| Jan 31, 2026 | 1.00 Bn |
| Oct 31, 2025 | 960.22 Mn |
| Jul 31, 2025 | 953.03 Mn |
| Apr 30, 2025 | 909.17 Mn |
| Jan 31, 2025 | 871.21 Mn |
| Oct 31, 2024 | 879.36 Mn |
| Jul 31, 2024 | 875.17 Mn |
| Apr 30, 2024 | 849.92 Mn |
| Jan 31, 2024 | 851.85 Mn |
| Oct 31, 2023 | 857.79 Mn |
| Jul 31, 2023 | 882.84 Mn |
| Apr 30, 2023 | 845.64 Mn |
| Jan 31, 2023 | 884.70 Mn |
| Oct 31, 2022 | 861.03 Mn |
| Jul 31, 2022 | 868.69 Mn |
| Apr 30, 2022 | 913.38 Mn |
| Jan 31, 2022 | 951.08 Mn |
| Oct 31, 2021 | 986.03 Mn |
| Jul 31, 2021 | 1.03 Bn |