Companies / Consumer Discretionary
LULU
Lululemon Athletica
Apparel, Accessories & Luxury Goods
Apparel, Accessories & Luxury GoodsAnalysis in progress
In progress
We are decoding this company's strategy and relationships
New analyses are published every weekday. Founding members get them first.
Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health71
Growth51
Profitability66
Cash generation39
Balance sheet99
Dilution control100
Key ratios and five-year financials
Latest quarter revenue YoY (2026-08-02)-4.3%Revenue growth (FY)4.9%Revenue CAGR (3y)11.0%Gross margin56.6%Operating margin19.9%Net margin14.2%Free cash flow margin8.3%R&D / revenue—Stock comp / revenue0.6%Net debt / operating cash flow—Current ratio2.26Diluted share count change-3.9%
| Fiscal year ending | FY 2022-01 | FY 2023-01 | FY 2024-01 | FY 2025-02 | FY 2026-02 |
|---|---|---|---|---|---|
| Revenue | $6.3B | $8.1B | $9.6B | $10.6B | $11.1B |
| Gross profit | $3.6B | $4.5B | $5.6B | $6.3B | $6.3B |
| Operating income | $1.3B | $1.3B | $2.1B | $2.5B | $2.2B |
| Net income | $975M | $855M | $1.6B | $1.8B | $1.6B |
| Operating cash flow | $1.4B | $966M | $2.3B | $2.3B | $1.6B |
| Capital expenditure | $395M | $639M | $652M | $689M | $681M |
| Free cash flow | $995M | $328M | $1.6B | $1.6B | $922M |
| Stock-based comp | $69M | $78M | $94M | $90M | $62M |
| Buybacks | $813M | $444M | $559M | $1.6B | $1.2B |
| Cash | $1.3B | $1.2B | $2.2B | $2.0B | $1.8B |
| Total debt | $0 | $0 | $0 | $0 | — |
| Equity | $2.7B | $3.1B | $4.2B | $4.3B | $5.0B |
StratGraph publishes general, impersonal research about public companies based on public filings. It is not investment advice, not a recommendation to buy, sell or hold any security, and not tailored to any reader's circumstances. Content may contain errors and may be partly generated with AI tools; verify against the original filings, which are linked. Authors may not trade securities discussed within the window set by our trading policy. Full disclaimer.