lululemon athletica (LULU) 10-K Summaries & Annual Filing History
Review lululemon athletica inc. (LULU) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Feb 1, 2026 · FY2025 10-K
lululemon athletica inc. filed its annual report for the fiscal year ended early 2026, reporting revenue growth but at a slowing pace. The company generated positive operating cash flow and discussed its liquidity outlook.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$11.1B
Revenue reported for the fiscal year.
Operating income
$2.2B
Income from operations reported for the year.
Net income
$1.6B
Net income reported for the year.
Operating cash flow
$1.6B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 29, 2023 | $8.1B | +29.6% |
| Jan 28, 2024 | $9.6B | +18.6% |
| Feb 2, 2025 | $10.6B | +10.1% |
| Feb 1, 2026 | $11.1B | +4.9% |
Business overview
The company designs and sells athletic apparel and accessories. Its business overview is provided in the first item of the filing.
Financial performance
Revenue increased compared to the prior year, though the growth rate was lower than in previous periods. Operating income, net income, and operating cash flow were all positive.
Material risks
The filing discusses risk factors including cybersecurity and other business risks typical of the retail industry. These are detailed in the risk factors section.
Liquidity and capital
The company generated positive operating cash flow, supporting its liquidity needs. The liquidity outlook section addresses the company's capital resources.
What to watch
Readers should monitor the company's revenue growth rate in the next filing, as it has been decelerating.