lululemon athletica inc.
For the period ended Feb 1, 2026. Filed Mar 17, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Mar 17, 2026
LULU$112.53+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 7. Results of Operations
The following table summarizes key components of our results of operations for the periods indicated:
| 2025 | 2024 | 2025 | 2024 | |
|---|---|---|---|---|
| (In thousands) · (Percentage of net revenue) | ||||
| Net revenue | $11,102,600 | $10,588,126 | 100.0% | 100.0% |
| Cost of goods sold | 4,818,468 | 4,317,315 | 43.4 | 40.8 |
| Gross profit | 6,284,132 | 6,270,811 | 56.6 | 59.2 |
| Selling, general and administrative expenses | 4,066,556 | 3,762,379 | 36.6 | 35.5 |
| Amortization of intangible assets | 6,961 | 2,735 | 0.1 | — |
| Income from operations | 2,210,615 | 2,505,697 | 19.9 | 23.7 |
| Other income (expense), net | 28,352 | 70,380 | 0.3 | 0.7 |
| Income before income tax expense | 2,238,967 | 2,576,077 | 20.2 | 24.3 |
| Income tax expense | 659,784 | 761,461 | 5.9 | 7.2 |
| Net income | $1,579,183 | $1,814,616 | 14.2% | 17.1% |
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