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
DateValue
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