Filing Flows › Urban Outfitters (URBN) › Q2 FY27 › vs Q1 FY27
Urban Outfitters (URBN) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Urban Outfitters's revenue rose $181M (+12%) from $1.5B in Q1 FY27 to $1.7B in Q2 FY27. The biggest changes: Retail Operations +$172M (+14%); Subscription Operations +$11.3M (+7%); Wholesale Operations −$2.4M (-3%). Gross margin 43.4% against 36.6% (+6.8 pts).
Urban Outfitters, Q2 FY27: revenue $1.7B (+10% year over year), operating margin 17.4%, net earnings $241M, operating cash flow $376M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Gross margin | 43.4% | 36.6% | +6.8 pts |
| Operating margin | 17.4% | 9.4% | +7.9 pts |
| Net margin | 14.5% | 7.8% | +6.7 pts |
| Free cash flow margin | 18.1% | -12.0% | +30.1 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Retail Operations | $1.4B | $1.2B | $172M | +14% |
| Subscription Operations | $179M | $167M | $11.3M | +7% |
| Wholesale Operations | $90.8M | $93.2M | −$2.4M | -3% |
| Revenue | $1.7B | $1.5B | $181M | +12% |
| Gross profit | $722M | $543M | $179M | +33% |
| Cost of revenue | $940M | $939M | $1.6M | +0.2% |
| Other income, net | $9.8M | $6.2M | $3.6M | +58% |
| Operating profit | $289M | $140M | $149M | +107% |
| Operating expenses | $433M | $403M | $29.9M | +7% |
| Pre-tax earnings | $299M | $146M | $153M | +105% |
| Net earnings | $241M | $116M | $125M | +108% |
| Income tax | $57.9M | $30.2M | $27.7M | +92% |
| Depreciation & amortization | $37.6M | $36.1M | $1.5M | +4% |
| Share-based compensation | $7.6M | $8.1M | −$572K | -7% |
| Working capital & other | $90.5M | −$144M | $235M | — |
| Operating cash flow | $376M | $15.5M | $361M | 24× |
| Free cash flow (OCF − capex) | $301M | −$178M | $479M | — |
| Capital expenditures | $74.8M | $193M | −$118M | -61% |
Questions
How much did Urban Outfitters's revenue grow quarter over quarter in Q2 FY27?
Urban Outfitters's revenue rose $181M (+12%) from $1.5B in Q1 FY27 to $1.7B in Q2 FY27.
What drove Urban Outfitters's revenue change in Q2 FY27?
Retail Operations +$172M (+14%); Subscription Operations +$11.3M (+7%); Wholesale Operations −$2.4M (-3%).