Filing Flows › lululemon athletica (LULU) › Q4 FY25
lululemon athletica (LULU) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Mar 27, 2025
lululemon athletica (LULU) reported revenue of $3.6B for the fourth quarter fiscal 2025 (Q4 FY25), +13% from a year earlier and +51% from the quarter before. Operating margin was 28.9%, net earnings $748M (20.7% of revenue).
lululemon athletica, Q4 FY25: revenue $3.6B (+13% year over year), operating margin 28.9%, net earnings $748M, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.6B | +51% | +13% |
| Gross profit | $2.2B | +56% | +15% |
| Operating profit | $1.0B | +112% | +14% |
| Net earnings | $748M | +113% | +12% |
| Operating cash flow | $1.4B | +366% | +1% |
| Free cash flow | $1.2B | +855% | -0.9% |
What changed
Revenue was $3.6B in Q4 FY25, up 13% year over year and up 51% from the previous quarter. Women's product was the largest line at 62% of revenue.
Gross margin was 60.4%, up 1.0 points from a year earlier. Operating profit was $1.0B, a 28.9% margin (up 0.3 points year over year). Of the extra revenue versus a year earlier, 32% reached operating profit, above the 29% margin then. Operating expenses grew 15% against revenue growth of 13%. Net earnings were $0.75B, up 12% year over year. The effective tax rate was 29.2%.
Operating cash flow was $1.4B (up 1% year over year), 187% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.50B. Capital expenditures of $0.23B left free cash flow of $1.2B.
Questions
What was lululemon athletica's revenue in the fourth quarter fiscal 2025?
lululemon athletica (LULU) reported revenue of $3.6B for the fourth quarter fiscal 2025 (Q4 FY25), +13% from a year earlier and +51% from the quarter before.
Was lululemon athletica profitable in the fourth quarter fiscal 2025?
Operating profit was $1.0B (28.9% of revenue) and net earnings $748M.