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Urban Outfitter Financials

URBN
Source SEC Filings (10-K/10-Q) Updated Apr 1, 2026 Currency USD FYE April

This page shows Urban Outfitter (URBN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 49 / 100
Financial Profile 49/100

Based on FY2026 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
44

Urban Outfitter has an operating margin of 9.8%, meaning the company retains $10 of operating profit per $100 of revenue. This results in a moderate score of 44/100, indicating healthy but not exceptional operating efficiency. This is up from 8.5% the prior year.

Growth
52

Urban Outfitter's revenue grew 11.1% year-over-year to $6.2B, a solid pace of expansion. This earns a growth score of 52/100.

Leverage
86

Urban Outfitter carries a low D/E ratio of 0.78, meaning only $0.78 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 86/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
26

Urban Outfitter's current ratio of 1.51 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 26/100, which could limit financial flexibility.

Cash Flow
38

Urban Outfitter has a free cash flow margin of 5.1%, earning a moderate score of 38/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
48

Urban Outfitter's ROE of 16.5% shows moderate profitability relative to equity, earning a score of 48/100. This is down from 16.6% the prior year.

Altman Z-Score Safe
4.14

Urban Outfitter scores 4.14, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Strong
7/9

Urban Outfitter passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed
1.24x

For every $1 of reported earnings, Urban Outfitter generates $1.24 in operating cash flow ($575.2M OCF vs $464.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe
123.2x

Urban Outfitter earns $123.2 in operating income for every $1 of interest expense ($605.6M vs $4.9M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue
$6.2B
YoY+11.1%
5Y CAGR+12.3%
10Y CAGR+6.0%

Urban Outfitter generated $6.2B in revenue in fiscal year 2026. This represents an increase of 11.1% from the prior year.

EBITDA
$734.2M
YoY+24.6%
5Y CAGR+46.8%
10Y CAGR+4.0%

Urban Outfitter's EBITDA was $734.2M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 24.6% from the prior year.

Net Income
$464.9M
YoY+15.5%
5Y CAGR+227.4%
10Y CAGR+7.6%

Urban Outfitter reported $464.9M in net income in fiscal year 2026. This represents an increase of 15.5% from the prior year.

EPS (Diluted)
$5.06
YoY+18.8%
5Y CAGR+247.4%
10Y CAGR+11.0%

Urban Outfitter earned $5.06 per diluted share (EPS) in fiscal year 2026. This represents an increase of 18.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$315.0M
YoY-1.6%
5Y CAGR+20.0%
10Y CAGR+1.0%

Urban Outfitter generated $315.0M in free cash flow in fiscal year 2026, representing cash available after capex. This represents a decrease of 1.6% from the prior year.

Cash & Debt
$369.2M
YoY+94.9%
5Y CAGR+0.3%
10Y CAGR+4.9%

Urban Outfitter held $369.2M in cash against $0 in long-term debt as of fiscal year 2026.

Dividends Per Share
N/A
Shares Outstanding
86M
YoY-7.6%
5Y CAGR-2.7%
10Y CAGR-3.1%

Urban Outfitter had 86M shares outstanding in fiscal year 2026. This represents a decrease of 7.6% from the prior year.

Margins & Returns

Gross Margin
36.0%
YoY+1.3pp
5Y CAGR+11.0pp
10Y CAGR+1.1pp

Urban Outfitter's gross margin was 36.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 1.3 percentage points from the prior year.

Operating Margin
9.8%
YoY+1.3pp
5Y CAGR+9.7pp
10Y CAGR-0.4pp

Urban Outfitter's operating margin was 9.8% in fiscal year 2026, reflecting core business profitability. This is up 1.3 percentage points from the prior year.

Net Margin
7.5%
YoY+0.3pp
5Y CAGR+7.5pp
10Y CAGR+1.0pp

Urban Outfitter's net profit margin was 7.5% in fiscal year 2026, showing the share of revenue converted to profit. This is up 0.3 percentage points from the prior year.

Return on Equity
16.5%
YoY-0.0pp
5Y CAGR+16.4pp
10Y CAGR-2.6pp

Urban Outfitter's ROE was 16.5% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 0.0 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$153.9M
YoY+194.6%
5Y CAGR+85.4%
10Y CAGR-10.5%

Urban Outfitter spent $153.9M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 194.6% from the prior year.

Capital Expenditures
$260.2M
YoY+42.5%
5Y CAGR+10.3%
10Y CAGR+6.8%

Urban Outfitter invested $260.2M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 42.5% from the prior year.

URBN Income Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Revenue $1.5B+1.6% $1.5B+13.2% $1.3B-18.7% $1.6B+20.1% $1.4B+0.7% $1.4B+12.6% $1.2B-19.2% $1.5B
Cost of Revenue $964.0M+2.7% $938.6M+11.7% $840.4M-24.2% $1.1B+28.2% $864.5M+0.7% $858.7M+9.0% $787.7M-24.4% $1.0B
Gross Profit $563.3M-0.5% $566.2M+15.8% $489.1M-7.3% $527.7M+6.1% $497.3M+0.8% $493.3M+20.8% $408.4M-5.9% $434.2M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $419.0M+7.0% $391.8M+8.6% $360.8M-10.3% $402.4M+9.2% $368.6M+5.9% $348.1M+4.3% $333.8M-9.9% $370.4M
Operating Income $144.3M-17.2% $174.4M+36.0% $128.2M+2.3% $125.3M-2.6% $128.7M-11.3% $145.1M+94.5% $74.6M+30.2% $57.3M
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax $36.0M-8.6% $39.4M+33.5% $29.5M+178.4% $10.6M-67.8% $32.9M-6.2% $35.1M+83.6% $19.1M+17.4% $16.3M
Net Income $116.4M-19.1% $143.9M+32.8% $108.3M-9.9% $120.3M+16.9% $102.9M-12.4% $117.5M+90.2% $61.8M+29.3% $47.8M
EPS (Diluted) $1.28-19.0% $1.58+36.2% $1.16 N/A $1.10-11.3% $1.24+90.8% $0.65 N/A

URBN Balance Sheet

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Total Assets $4.9B+4.2% $4.7B+5.7% $4.5B-1.4% $4.5B+0.8% $4.5B+5.3% $4.3B+1.7% $4.2B+1.9% $4.1B
Current Assets $1.8B+8.6% $1.6B+12.5% $1.4B-3.6% $1.5B-8.8% $1.6B+11.1% $1.5B+7.3% $1.4B+7.1% $1.3B
Cash & Equivalents $306.6M-7.7% $332.2M+75.4% $189.4M-34.8% $290.5M+59.2% $182.5M-12.7% $209.1M+20.2% $174.0M-2.4% $178.3M
Inventory $839.8M+20.6% $696.2M+4.9% $663.8M+6.9% $621.1M-21.7% $793.3M+31.2% $604.7M+4.4% $579.0M+5.2% $550.2M
Accounts Receivable $96.0M+10.4% $86.9M-6.8% $93.2M+26.0% $74.0M-23.7% $97.0M+23.1% $78.7M-10.8% $88.3M+31.8% $67.0M
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $2.2B+3.4% $2.1B+5.2% $2.0B-1.1% $2.0B-4.0% $2.1B+5.7% $2.0B-0.4% $2.0B+1.4% $2.0B
Current Liabilities $1.2B+6.3% $1.1B+6.5% $1.0B-4.3% $1.1B-4.4% $1.1B+11.4% $1.0B-2.3% $1.0B+4.0% $994.2M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $2.7B+4.8% $2.6B+6.1% $2.4B-1.6% $2.5B+5.0% $2.4B+5.0% $2.2B+3.7% $2.2B+2.4% $2.1B
Retained Earnings $2.7B+4.5% $2.6B+5.8% $2.5B-1.7% $2.5B+5.0% $2.4B+4.5% $2.3B+4.8% $2.2B+2.9% $2.1B

URBN Cash Flow Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Operating Cash Flow $61.1M-72.0% $218.0M+560.0% $33.0M-89.7% $320.5M+1627.8% $18.5M-82.4% $105.3M+79.8% $58.6M-74.5% $229.2M
Capital Expenditures $83.9M+36.7% $61.4M+33.0% $46.2M+19.8% $38.5M-14.8% $45.2M-21.8% $57.8M+40.6% $41.1M-15.4% $48.6M
Free Cash Flow -$22.8M-114.5% $156.6M+1293.2% -$13.1M-104.7% $281.9M+1157.9% -$26.6M-156.1% $47.5M+172.1% $17.5M-90.3% $180.6M
Investing Cash Flow -$81.7M-14.5% -$71.4M-281.2% $39.4M+119.1% -$206.6M-403.8% -$41.0M-167.6% -$15.3M+66.5% -$45.8M+82.2% -$257.9M
Financing Cash Flow -$5.0M-16.8% -$4.2M+97.6% -$176.3M-4079.9% -$4.2M-11.2% -$3.8M+92.9% -$53.8M-251.3% -$15.3M-1020.9% -$1.4M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $0 $0-100.0% $151.9M $0 $0-100.0% $52.3M $0 $0

URBN Financial Ratios

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Gross Margin 36.8%-0.8pp 37.6%+0.8pp 36.8%+4.5pp 32.3%-4.3pp 36.5%+0.0pp 36.5%+2.5pp 34.0%+4.8pp 29.2%
Operating Margin 9.4%-2.2pp 11.6%+2.0pp 9.6%+2.0pp 7.7%-1.8pp 9.4%-1.3pp 10.7%+4.5pp 6.2%+2.4pp 3.9%
Net Margin 7.6%-2.0pp 9.6%+1.4pp 8.2%+0.8pp 7.3%-0.2pp 7.6%-1.1pp 8.7%+3.6pp 5.1%+1.9pp 3.2%
Return on Equity 4.3%-1.3pp 5.6%+1.1pp 4.5%-0.4pp 4.9%+0.5pp 4.4%-0.9pp 5.2%+2.4pp 2.9%+0.6pp 2.3%
Return on Assets 2.4%-0.7pp 3.0%+0.6pp 2.4%-0.2pp 2.7%+0.4pp 2.3%-0.5pp 2.8%+1.3pp 1.5%+0.3pp 1.2%
Current Ratio 1.51+0.0 1.48+0.1 1.40+0.0 1.39-0.1 1.450.0 1.46+0.1 1.33+0.0 1.29
Debt-to-Equity 0.81-0.0 0.830.0 0.830.0 0.83-0.1 0.910.0 0.90-0.0 0.940.0 0.95
FCF Margin -1.5%-11.9pp 10.4%+11.4pp -1.0%-18.2pp 17.2%+19.2pp -2.0%-5.5pp 3.5%+2.1pp 1.5%-10.7pp 12.2%

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Frequently Asked Questions

Urban Outfitter (URBN) reported $6.2B in total revenue for fiscal year 2026. This represents a 11.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Urban Outfitter (URBN) revenue grew by 11.1% year-over-year, from $5.6B to $6.2B in fiscal year 2026.

Yes, Urban Outfitter (URBN) reported a net income of $464.9M in fiscal year 2026, with a net profit margin of 7.5%.

Urban Outfitter (URBN) reported diluted earnings per share of $5.06 for fiscal year 2026. This represents a 18.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Urban Outfitter (URBN) had EBITDA of $734.2M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

Urban Outfitter (URBN) had a gross margin of 36.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

Urban Outfitter (URBN) had an operating margin of 9.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

Urban Outfitter (URBN) had a net profit margin of 7.5% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Urban Outfitter (URBN) has a return on equity of 16.5% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

Urban Outfitter (URBN) generated $315.0M in free cash flow during fiscal year 2026. This represents a -1.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Urban Outfitter (URBN) generated $575.2M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

Urban Outfitter (URBN) had $5.0B in total assets as of fiscal year 2026, including both current and long-term assets.

Urban Outfitter (URBN) invested $260.2M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Yes, Urban Outfitter (URBN) spent $153.9M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

Urban Outfitter (URBN) had 86M shares outstanding as of fiscal year 2026.

Urban Outfitter (URBN) had a current ratio of 1.51 as of fiscal year 2026, which is generally considered healthy.

Urban Outfitter (URBN) had a debt-to-equity ratio of 0.78 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

Urban Outfitter (URBN) had a return on assets of 9.3% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

Urban Outfitter (URBN) has an Altman Z-Score of 4.14, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Urban Outfitter (URBN) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Urban Outfitter (URBN) has an earnings quality ratio of 1.24x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Urban Outfitter (URBN) has an interest coverage ratio of 123.2x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Urban Outfitter (URBN) scores 49 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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