Urban Outfitter Financials
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).
Urban Outfitters is widening merchandise margins while funding growth and reinvestment with internally generated cash rather than balance-sheet stretch.
From FY2024 through FY2026, operating cash flow stayed above net income each year, and FY2026 still produced$315M of free cash flow after$260M of capex. That mix says the earnings recovery is cash-backed, with expansion financed internally even as equity kept building faster than liabilities.
Over the last two years, gross margin moved from
Working capital looks more disciplined than the sales growth alone would imply: revenue outpaced inventory growth, and the current ratio improved to 1.5x as cash reached
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Urban Outfitter's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Urban Outfitter has an operating margin of 9.8%, meaning the company retains $10 of operating profit per $100 of revenue. This strong profitability earns a score of 69/100, reflecting efficient cost management and pricing power. This is up from 8.5% the prior year.
Urban Outfitter's revenue grew 11.1% year-over-year to $6.2B, a solid pace of expansion. This earns a growth score of 64/100.
Urban Outfitter has a moderate D/E ratio of 0.83. This balance of debt and equity financing earns a leverage score of 51/100.
Urban Outfitter's current ratio of 1.48 indicates adequate short-term liquidity, earning a score of 40/100. The company can meet its near-term obligations, though with limited headroom.
Urban Outfitter has a free cash flow margin of 5.1%, earning a moderate score of 50/100. The company generates positive cash flow after capital investments, but with room for improvement.
Urban Outfitter earns a strong 17.8% return on equity (ROE), meaning it generates $18 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 80/100. This is up from 16.6% the prior year.
Urban Outfitter scores 4.24, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Urban Outfitter passes 8 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
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.
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
Earnings & Revenue
Urban Outfitter generated $6.2B in revenue in fiscal year 2026. This represents an increase of 11.1% from the prior year.
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.
Urban Outfitter reported $464.9M in net income in fiscal year 2026. This represents an increase of 15.5% from the prior year.
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
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.
Urban Outfitter held $301.4M in cash against $0 in long-term debt as of fiscal year 2026.
Urban Outfitter had 86M shares outstanding in fiscal year 2026. This represents a decrease of 7.6% from the prior year.
Margins & Returns
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.
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.
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.
Urban Outfitter's ROE was 17.8% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 1.3 percentage points from the prior year.
Capital Allocation
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.
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 | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5B-17.8% | $1.8B+17.8% | $1.5B+1.6% | $1.5B+13.2% | $1.3B-18.7% | $1.6B+20.1% | $1.4B+0.7% | $1.4B |
| Cost of Revenue | $938.8M-21.9% | $1.2B+24.7% | $964.0M+2.7% | $938.6M+11.7% | $840.4M-24.2% | $1.1B+28.2% | $864.5M+0.7% | $858.7M |
| Gross Profit | $542.6M-9.5% | $599.2M+6.4% | $563.3M-0.5% | $566.2M+15.8% | $489.1M-7.3% | $527.7M+6.1% | $497.3M+0.8% | $493.3M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $402.9M-8.5% | $440.5M+5.1% | $419.0M+7.0% | $391.8M+8.6% | $360.8M-10.3% | $402.4M+9.2% | $368.6M+5.9% | $348.1M |
| Operating Income | $139.7M-12.0% | $158.7M+10.0% | $144.3M-17.2% | $174.4M+36.0% | $128.2M+2.3% | $125.3M-2.6% | $128.7M-11.3% | $145.1M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $30.2M+11.5% | $27.0M-24.9% | $36.0M-8.6% | $39.4M+33.5% | $29.5M+178.4% | $10.6M-67.8% | $32.9M-6.2% | $35.1M |
| Net Income | $115.7M+20.2% | $96.3M-17.3% | $116.4M-19.1% | $143.9M+32.8% | $108.3M-9.9% | $120.3M+16.9% | $102.9M-12.4% | $117.5M |
| EPS (Diluted) | $1.30 | N/A | $1.28-19.0% | $1.58+36.2% | $1.16 | N/A | $1.10-11.3% | $1.24 |
URBN Balance Sheet
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.8B-4.8% | $5.0B+2.0% | $4.9B+4.2% | $4.7B+5.7% | $4.5B-1.4% | $4.5B+0.8% | $4.5B+5.3% | $4.3B |
| Current Assets | $1.5B-8.9% | $1.7B-4.1% | $1.8B+8.6% | $1.6B+12.5% | $1.4B-3.6% | $1.5B-8.8% | $1.6B+11.1% | $1.5B |
| Cash & Equivalents | $301.4M-18.4% | $369.2M+20.4% | $306.6M-7.7% | $332.2M+75.4% | $189.4M-34.8% | $290.5M+59.2% | $182.5M-12.7% | $209.1M |
| Inventory | $726.9M+3.7% | $700.9M-16.5% | $839.8M+20.6% | $696.2M+4.9% | $663.8M+6.9% | $621.1M-21.7% | $793.3M+31.2% | $604.7M |
| Accounts Receivable | $115.9M+21.2% | $95.7M-0.3% | $96.0M+10.4% | $86.9M-6.8% | $93.2M+26.0% | $74.0M-23.7% | $97.0M+23.1% | $78.7M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $2.2B-1.7% | $2.2B-0.5% | $2.2B+3.4% | $2.1B+5.2% | $2.0B-1.1% | $2.0B-4.0% | $2.1B+5.7% | $2.0B |
| Current Liabilities | $1.0B-6.9% | $1.1B-4.0% | $1.2B+6.3% | $1.1B+6.5% | $1.0B-4.3% | $1.1B-4.4% | $1.1B+11.4% | $1.0B |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $2.6B-7.3% | $2.8B+4.1% | $2.7B+4.8% | $2.6B+6.1% | $2.4B-1.6% | $2.5B+5.0% | $2.4B+5.0% | $2.2B |
| Retained Earnings | $2.6B-6.4% | $2.8B+3.5% | $2.7B+4.5% | $2.6B+5.8% | $2.5B-1.7% | $2.5B+5.0% | $2.4B+4.5% | $2.3B |
URBN Cash Flow Statement
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $15.5M-94.1% | $263.0M+330.2% | $61.1M-72.0% | $218.0M+560.0% | $33.0M-89.7% | $320.5M+1627.8% | $18.5M-82.4% | $105.3M |
| Capital Expenditures | $193.2M+181.2% | $68.7M-18.1% | $83.9M+36.7% | $61.4M+33.0% | $46.2M+19.8% | $38.5M-14.8% | $45.2M-21.8% | $57.8M |
| Free Cash Flow | -$177.8M-191.5% | $194.3M+953.7% | -$22.8M-114.5% | $156.6M+1293.2% | -$13.1M-104.7% | $281.9M+1157.9% | -$26.6M-156.1% | $47.5M |
| Investing Cash Flow | $242.7M+222.6% | -$197.9M-142.1% | -$81.7M-14.5% | -$71.4M-281.2% | $39.4M+119.1% | -$206.6M-403.8% | -$41.0M-167.6% | -$15.3M |
| Financing Cash Flow | -$325.4M-5482.8% | -$5.8M-17.7% | -$5.0M-16.8% | -$4.2M+97.6% | -$176.3M-4079.9% | -$4.2M-11.2% | -$3.8M+92.9% | -$53.8M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $300.0M+14817.8% | $2.0M | $0 | $0-100.0% | $151.9M | $0 | $0-100.0% | $52.3M |
URBN Financial Ratios
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.6%+3.4pp | 33.3%-3.6pp | 36.8%-0.8pp | 37.6%+0.8pp | 36.8%+4.5pp | 32.3%-4.3pp | 36.5%+0.0pp | 36.5% |
| Operating Margin | 9.4%+0.6pp | 8.8%-0.6pp | 9.4%-2.2pp | 11.6%+2.0pp | 9.6%+2.0pp | 7.7%-1.8pp | 9.4%-1.3pp | 10.7% |
| Net Margin | 7.8%+2.5pp | 5.3%-2.3pp | 7.6%-2.0pp | 9.6%+1.4pp | 8.2%+0.8pp | 7.3%-0.2pp | 7.6%-1.1pp | 8.7% |
| Return on Equity | 4.4%+1.0pp | 3.4%-0.9pp | 4.3%-1.3pp | 5.6%+1.1pp | 4.5%-0.4pp | 4.9%+0.5pp | 4.4%-0.9pp | 5.2% |
| Return on Assets | 2.4%+0.5pp | 1.9%-0.5pp | 2.4%-0.7pp | 3.0%+0.6pp | 2.4%-0.2pp | 2.7%+0.4pp | 2.3%-0.5pp | 2.8% |
| Current Ratio | 1.48-0.0 | 1.510.0 | 1.51+0.0 | 1.48+0.1 | 1.40+0.0 | 1.39-0.1 | 1.450.0 | 1.46 |
| Debt-to-Equity | 0.83+0.0 | 0.78-0.0 | 0.81-0.0 | 0.830.0 | 0.830.0 | 0.83-0.1 | 0.910.0 | 0.90 |
| FCF Margin | -12.0%-22.8pp | 10.8%+12.3pp | -1.5%-11.9pp | 10.4%+11.4pp | -1.0%-18.2pp | 17.2%+19.2pp | -2.0%-5.5pp | 3.5% |
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Frequently Asked Questions
What is Urban Outfitter's annual revenue?
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.
How fast is Urban Outfitter's revenue growing?
Urban Outfitter (URBN) revenue grew by 11.1% year-over-year, from $5.6B to $6.2B in fiscal year 2026.
Is Urban Outfitter profitable?
Yes, Urban Outfitter (URBN) reported a net income of $464.9M in fiscal year 2026, with a net profit margin of 7.5%.
What is Urban Outfitter's EBITDA?
Urban Outfitter (URBN) had EBITDA of $734.2M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Urban Outfitter's gross margin?
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.
What is Urban Outfitter's operating margin?
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.
What is Urban Outfitter's net profit margin?
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.
What is Urban Outfitter's return on equity (ROE)?
Urban Outfitter (URBN) has a return on equity of 17.8% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Urban Outfitter's free cash flow?
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.
What is Urban Outfitter's operating cash flow?
Urban Outfitter (URBN) generated $575.2M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Urban Outfitter's total assets?
Urban Outfitter (URBN) had $4.8B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Urban Outfitter's capital expenditures?
Urban Outfitter (URBN) invested $260.2M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Urban Outfitter's current ratio?
Urban Outfitter (URBN) had a current ratio of 1.48 as of fiscal year 2026, which is considered adequate.
What is Urban Outfitter's debt-to-equity ratio?
Urban Outfitter (URBN) had a debt-to-equity ratio of 0.83 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Urban Outfitter's return on assets (ROA)?
Urban Outfitter (URBN) had a return on assets of 9.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Urban Outfitter's Altman Z-Score?
Urban Outfitter (URBN) has an Altman Z-Score of 4.24, 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.
What is Urban Outfitter's Piotroski F-Score?
Urban Outfitter (URBN) has a Piotroski F-Score of 8 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Urban Outfitter's earnings high quality?
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.
Can Urban Outfitter cover its interest payments?
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.
How financially healthy is Urban Outfitter?
Urban Outfitter (URBN) scores 59 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.