Filing Flows › Comparisons › LULU vs COLM
lululemon athletica vs Columbia Sportswear: LULU and COLM compared
lululemon athletica is the larger company: $2.4B of revenue in its latest quarter (Q2 FY27) against $963M for Columbia Sportswear (Q3 2026). Columbia Sportswear is growing faster (+2% against -4% a year earlier). lululemon athletica is more profitable, with an operating margin of 18.8% against 11.4%.
Where the money goes: LULU and COLM
lululemon athletica (LULU) · Q2 FY27
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.
Columbia Sportswear (COLM) · Q3 2026
Columbia Sportswear, Q3 2026: revenue $963M (+2% year over year), operating margin 11.4%, net earnings $84.7M, operating cash flow −$318M. The chart follows the revenue to costs, profit and cash.
| lululemon athletica (LULU) | Columbia Sportswear (COLM) | |
|---|---|---|
| Latest quarter | Q2 FY27 | Q3 2026 |
| Revenue | $2.4B | $963M |
| Revenue growth, Y/Y | -4% | +2% |
| Gross margin | 60.5% | 49.8% |
| Operating margin | 18.8% | 11.4% |
| Net earnings | $329M | $84.7M |
| Net margin | 13.6% | 8.8% |
| Operating cash flow | $375M | −$318M |
| Free cash flow | $225M | — |
| Market value | $12.5B | $3.6B |
| P/E | 8.8× | 15.0× |
| Analysts’ mean target | $103.66 | $73.00 |
Where the revenue comes from
lululemon athletica
- Women's apparel: $1.5B (62%)
- Men's apparel: $621M (26%)
- Accessories and other categories: $306M (13%)
Columbia Sportswear
- Apparel, Accessories and Equipment: $744M (77%)
- Footwear: $219M (23%)
Questions
Which is bigger, lululemon athletica or Columbia Sportswear?
lululemon athletica is the larger company: $2.4B of revenue in its latest quarter (Q2 FY27) against $963M for Columbia Sportswear (Q3 2026).
Is lululemon athletica or Columbia Sportswear growing faster?
Columbia Sportswear is growing faster (+2% against -4% a year earlier).
Which is more profitable, lululemon athletica or Columbia Sportswear?
lululemon athletica is more profitable, with an operating margin of 18.8% against 11.4%.
More: lululemon athletica earnings · how lululemon athletica makes money · Columbia Sportswear earnings · how Columbia Sportswear makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Sep 3, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.