--- title: "Lululemon Athletica: Metrics Guide" description: "Lululemon Athletica revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/lululemon-athletica/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Lululemon Athletica: Financial & Operating Metrics Guide ## Direct Answer Lululemon Athletica reported revenue of $11.1 billion for the fiscal year ended February 1, 2026, with an operating margin of 19.9% and net income of $1.6 billion, according to its SEC filings. Revenue grew 4.9% from the prior year. ## What Are Lululemon Athletica's Key Financial Figures? | Fiscal year | FY2026ended February 1, 2026 | FY2025ended February 2, 2025 | FY2024ended January 28, 2024 | FY2023ended January 29, 2023 | | --- | --- | --- | --- | --- | | Revenue | $11.1 billion | $10.6 billion | $9.6 billion | $8.1 billion | | Operating income | $2.2 billion | $2.5 billion | $2.1 billion | $1.3 billion | | Operating margin | 19.9% | 23.7% | 22.2% | 16.4% | | Net income | $1.6 billion | $1.8 billion | $1.6 billion | $855 million | | Net margin | 14.2% | 17.1% | 16.1% | 10.5% | | Operating cash flow | $1.6 billion | $2.3 billion | $2.3 billion | $966 million | | Capital expenditures | $681 million | $689 million | $652 million | $639 million | | Free cash flow | $922 million | $1.6 billion | $1.6 billion | $328 million | Operating margin narrowed by 3.8 percentage points between fiscal 2025 and 2026, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $922 million against net income of $1.6 billion; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement. ![Bar chart of Lululemon Athletica revenue, operating income, net income for fiscal 2023 to 2026. In fiscal 2026, revenue was $11.1 billion, operating income $2.2 billion and net income $1.6 billion.](https://www.getswoopr.com/images/charts/lululemon-athletica-metrics-revenue-profit.webp) *Lululemon Athletica revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Lululemon Athletica operating margin and net margin for fiscal 2023 to 2026. In fiscal 2026, operating margin was 19.9% and net margin was 14.2%.](https://www.getswoopr.com/images/charts/lululemon-athletica-metrics-margins.webp) *Lululemon Athletica operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of Lululemon Athletica operating cash flow, capital expenditures, free cash flow for fiscal 2023 to 2026. In fiscal 2026, operating cash flow was $1.6 billion, capital expenditures was $681 million, free cash flow was $922 million.](https://www.getswoopr.com/images/charts/lululemon-athletica-metrics-cash-flow.webp) *Lululemon Athletica operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does Lululemon Athletica's Balance Sheet Show? | Cash and cash equivalents | $1.8 billion | | --- | --- | | Long-term debt | Not reported | | Total assets | $8.5 billion | | Total liabilities | $3.5 billion | | Shareholders' equity | $5.0 billion | | Current ratio | 2.3x | Balance sheet values are as of the end of fiscal 2026. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Lululemon Athletica reported in its own SEC filings, read from the SEC's XBRL data (accession 0001397187-26-000020 for fiscal year 2026). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Lululemon Athletica's revenue in fiscal 2026? Lululemon Athletica reported revenue of $11.1 billion for the fiscal year ended February 1, 2026, according to its SEC filings. ### What is Lululemon Athletica's operating margin? Lululemon Athletica's operating margin was 19.9% in fiscal 2026: operating income of $2.2 billion on revenue of $11.1 billion. ### How much free cash flow did Lululemon Athletica generate? Operating cash flow of $1.6 billion less capital expenditures of $681 million gives free cash flow of $922 million for fiscal 2026. ## References - [SEC EDGAR: lululemon athletica inc. Form 10-K filed March 17, 2026](https://www.sec.gov/Archives/edgar/data/1397187/000139718726000020/lulu-20260201.htm) - [SEC EDGAR: lululemon athletica inc. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1397187&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Lululemon Athletica company dossier](https://www.getswoopr.com/stocks/companies/lululemon-athletica/) - [Lululemon Athletica financial metrics](https://www.getswoopr.com/stocks/companies/lululemon-athletica/metrics/) - [Lululemon Athletica financial risk indicators](https://www.getswoopr.com/stocks/companies/lululemon-athletica/risks/) - [Lululemon Athletica peer comparison](https://www.getswoopr.com/stocks/companies/lululemon-athletica/competitors/) - [Lululemon Athletica business model and revenue mix](https://www.getswoopr.com/stocks/companies/lululemon-athletica/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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