Filing Flows › Urban Outfitters (URBN) › Q2 FY27
Urban Outfitters (URBN) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Sep 9, 2026
Urban Outfitters (URBN) reported revenue of $1.7B for the second quarter fiscal 2027 (Q2 FY27), +10% from a year earlier and +12% from the quarter before. Operating margin was 17.4%, net earnings $241M (14.5% of revenue).
Urban Outfitters, Q2 FY27: revenue $1.7B (+10% year over year), operating margin 17.4%, net earnings $241M, operating cash flow $376M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | +12% | +10% |
| Gross profit | $722M | +33% | +27% |
| Operating profit | $289M | +107% | +66% |
| Net earnings | $241M | +108% | +67% |
| Operating cash flow | $376M | 24× | +73% |
| Free cash flow | $301M | — | +92% |
What changed
Revenue was $1.7B in Q2 FY27, up 10% year over year and up 12% from the previous quarter. Retail Operations was the largest line at 84% of revenue. Retail Operations added $0.10B year over year (up 8%), 66% of the total change.
Gross margin was 43.4%, up 5.8 points from Q2 FY26. Operating profit was $0.29B, a 17.4% margin (up 5.8 points year over year). Of the extra revenue versus Q2 FY26, 73% reached operating profit, above the 12% margin then. Operating expenses grew 10% against revenue growth of 10%. Net earnings were $0.24B, up 67% year over year. The effective tax rate was 19.4%.
Operating cash flow was $0.38B (up 73% year over year), 156% 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 added $0.09B. Capital expenditures of $0.07B left free cash flow of $0.30B.
Questions
What was Urban Outfitters' revenue in the second quarter fiscal 2027?
Urban Outfitters (URBN) reported revenue of $1.7B for the second quarter fiscal 2027 (Q2 FY27), +10% from a year earlier and +12% from the quarter before.
Was Urban Outfitters profitable in the second quarter fiscal 2027?
Operating profit was $289M (17.4% of revenue) and net earnings $241M.
Source: Urban Outfitters 10-Q on SEC EDGAR.