Stock Analysis on Net

lululemon athletica inc. (NASDAQ:LULU)

Income Statement

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.

lululemon athletica inc., consolidated income statement

US$ in thousands

Microsoft Excel
12 months ended: Feb 2, 2025 Jan 28, 2024 Jan 29, 2023 Jan 30, 2022 Jan 31, 2021 Feb 2, 2020
Net revenue 10,588,126 9,619,278 8,110,518 6,256,617 4,401,879 3,979,296
Cost of goods sold (4,317,315) (4,009,873) (3,618,178) (2,648,052) (1,937,888) (1,755,910)
Gross profit 6,270,811 5,609,405 4,492,340 3,608,565 2,463,991 2,223,386
Selling, general and administrative expenses (3,762,379) (3,397,218) (2,757,447) (2,225,034) (1,609,003) (1,334,247)
Impairment of goodwill and other assets, restructuring costs (74,501) (407,913)
Amortization of intangible assets (2,735) (5,010) (8,752) (8,782) (5,160) (29)
Acquisition-related expenses (41,394) (29,842)
Gain on disposal of assets 10,180
Income from operations 2,505,697 2,132,676 1,328,408 1,333,355 819,986 889,110
Other income (expense), net 70,380 43,059 4,163 514 (636) 8,283
Income before income tax expense 2,576,077 2,175,735 1,332,571 1,333,869 819,350 897,393
Income tax expense (761,461) (625,545) (477,771) (358,547) (230,437) (251,797)
Net income 1,814,616 1,550,190 854,800 975,322 588,913 645,596

Based on: 10-K (reporting date: 2025-02-02), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02).

Income statement item Description The company
Net revenue Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. lululemon athletica inc. net revenue increased from 2023 to 2024 and from 2024 to 2025.
Income from operations The net result for the period of deducting operating expenses from operating revenues. lululemon athletica inc. income from operations increased from 2023 to 2024 and from 2024 to 2025.
Income before income tax expense Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. lululemon athletica inc. income before income tax expense increased from 2023 to 2024 and from 2024 to 2025.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. lululemon athletica inc. net income increased from 2023 to 2024 and from 2024 to 2025.