Filing Flows › Urban Outfitters (URBN) › Q1 FY27
Urban Outfitters (URBN) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 9, 2026
Urban Outfitters (URBN) reported revenue of $1.5B for the first quarter fiscal 2027 (Q1 FY27), +11% from a year earlier and -18% from the quarter before. Operating margin was 9.4%, net earnings $116M (7.8% of revenue).
Urban Outfitters, Q1 FY27: revenue $1.5B (+11% year over year), operating margin 9.4%, net earnings $116M, operating cash flow $15.5M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | -18% | +11% |
| Gross profit | $543M | -9% | +11% |
| Operating profit | $140M | -12% | +9% |
| Net earnings | $116M | +20% | +7% |
| Operating cash flow | $15.5M | -94% | -53% |
What changed
Revenue was $1.5B in Q1 FY27, up 11% year over year and down 18% from the previous quarter. Retail Operations was the largest line at 82% of revenue. Retail Operations added $0.09B year over year (up 8%), 60% of the total change.
Gross margin was 36.6%, down 0.2 points from Q1 FY26. Operating profit was $0.14B, a 9.4% margin (down 0.2 points year over year). Of the extra revenue versus Q1 FY26, 8% reached operating profit, below the 10% margin then. Operating expenses grew 12% against revenue growth of 11%. Net earnings were $0.12B, up 7% year over year. The effective tax rate was 20.7%.
Operating cash flow was $0.02B (down 53% year over year), 13% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.14B. Capital expenditures of $0.19B exceeded it, leaving free cash flow of −$0.18B.
Questions
What was Urban Outfitters' revenue in the first quarter fiscal 2027?
Urban Outfitters (URBN) reported revenue of $1.5B for the first quarter fiscal 2027 (Q1 FY27), +11% from a year earlier and -18% from the quarter before.
Was Urban Outfitters profitable in the first quarter fiscal 2027?
Operating profit was $140M (9.4% of revenue) and net earnings $116M.
Source: Urban Outfitters 10-Q on SEC EDGAR.