Income Statement
Quarterly Data
The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
Paying user area
Try for free
lululemon athletica inc. pages available for free this week:
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to lululemon athletica inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
lululemon athletica inc., consolidated income statement (quarterly data)
US$ in thousands
Based on: 10-Q (reporting date: 2025-05-04), 10-K (reporting date: 2025-02-02), 10-Q (reporting date: 2024-10-27), 10-Q (reporting date: 2024-07-28), 10-Q (reporting date: 2024-04-28), 10-K (reporting date: 2024-01-28), 10-Q (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-29), 10-Q (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-K (reporting date: 2022-01-30), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05).
- Net Revenue
- The net revenue exhibits a generally increasing trend over the periods, with notable spikes in the quarters ending February 2, 2020, and January 29, 2023, reaching over 3.2 billion and 2.7 billion respectively. Following a significant decline around May 3, 2020, likely related to external factors, the revenue steadily recovers and surpasses previous highs by 2024 and 2025.
- Cost of Goods Sold (COGS)
- COGS follows a pattern similar to net revenue, increasing in absolute terms over time but maintaining a consistent relationship with revenue, indicating stable gross margin management. Sharp decreases correspond with the periods of revenue decline and subsequent recovery. The highest costs are reported in quarters with peak revenues.
- Gross Profit
- Gross profit growth parallels revenue trends, showing a substantial increase especially after the early 2020 dip. Peaks align with quarters of strong revenue performance. This suggests effective cost control relative to sales despite fluctuations in the operating environment.
- Selling, General and Administrative Expenses (SG&A)
- SG&A expenses fluctuate but generally increase over time, reflecting possible expansion or increased investment in sales and administration functions. The increases appear proportionate to revenue growth, though occasional larger increments suggest periods of strategic investment or heightened operating costs.
- Impairment of Assets and Restructuring Costs
- Impairment charges are isolated in specific periods, notably a significant charge near January 29, 2023. These are non-recurring expenses impacting profitability in select quarters, indicating exceptional events such as write-downs or organizational restructuring.
- Amortization of Intangible Assets
- Amortization expenses of intangible assets show an upward trend between mid-2019 through early 2023, then decline marginally. The consistency suggests ongoing amortization of previously acquired assets with some reduction in later periods.
- Acquisition-Related Expenses
- Acquisition-related expenses occur intermittently from mid-2020 to early 2022, with a peak around late 2021. These reflect costs associated with mergers and acquisitions, which are irregular but significant, affecting operating costs temporarily.
- Gain on Disposal of Assets
- A single, noticeable gain is observed in May 2022. This one-time gain positively influences income in that quarter, indicating asset sales or divestitures contributing to operating performance.
- Income from Operations
- Income from operations generally rises over the analyzed period, with fluctuations correlating to revenue and cost changes. Peaks in early 2020 and early 2024 demonstrate strong operational profitability, while mid-period dips align with increased restructuring costs or lower revenues.
- Other Income (Expense), Net
- Other income shows growth particularly from 2021 onwards, reaching its highest levels in 2024. This component provides a progressively larger contribution to pre-tax income, suggesting improvements or increased activities in non-core business areas.
- Income Before Income Tax Expense
- The pre-tax income follows the upward trajectory of operational income and other income, with substantial increases especially evident toward the end of the period. This indicates robust overall profitability before taxation.
- Income Tax Expense
- Income tax expense varies significantly, reflecting changes in pre-tax income and possibly tax rate adjustments or discrete tax events. Notably, high tax expenses coincide with peak income periods, while lower tax expenses appear alongside decreased earnings.
- Net Income
- Net income shows considerable growth from early 2020 through 2024, marked by volatility in some quarters likely due to impairment charges, acquisition expenses, and tax impacts. Despite fluctuations, the overall trend is an increase in profitability, with record net income occurring in the periods of highest revenue and operational income.