Filing Flows › lululemon athletica (LULU) › Operating margin
lululemon athletica (LULU) operating margin by quarter
lululemon athletica's operating margin was 18.8% in Q2 FY27 (second quarter fiscal 2027), +7.6 pts from Q1 FY27. Over the last 7 quarters it ranged from 11.2% (Q1 FY27) to 28.9% (Q4 FY25).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 FY27 | 18.8% | +7.6 pts | -2.0 pts |
| Q1 FY27 | 11.2% | -11.1 pts | -7.3 pts |
| Q4 FY26 | 22.3% | +5.3 pts | -6.5 pts |
| Q3 FY26 | 17.0% | -3.8 pts | — |
| Q2 FY26 | 20.7% | +2.2 pts | — |
| Q1 FY26 | 18.5% | -10.4 pts | — |
| Q4 FY25 | 28.9% | — | — |
Q2 FY27 at a glance
lululemon athletica, Q2 FY27: revenue $2.4B (-4% year over year), operating margin 18.8%, net earnings $329M, operating cash flow $375M. The chart follows the revenue to costs, profit and cash.
Questions
What is lululemon athletica's operating margin?
lululemon athletica's operating margin was 18.8% in Q2 FY27 (second quarter fiscal 2027), +7.6 pts from Q1 FY27.
How has lululemon athletica's operating margin changed?
Over the last 7 quarters it ranged from 11.2% (Q1 FY27) to 28.9% (Q4 FY25).