Lululemon Athletica Inc. (LULU) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 214.44M | 1.14B | 249.88M | 328.68M | -118.95M | 1.4B | 300.66M | 443.14M | 127.52M | 1.38B | 389.85M | 476.71M | 45.5M | 1.05B | 65.82M | 97.64M | -243.26M | 730.98M | 158.35M | 285.66M |
| Operating CF Margin % | 8.68% | 31.39% | 9.74% | 13.02% | -5.02% | 38.8% | 12.54% | 18.69% | 5.77% | 43.18% | 17.69% | 21.58% | 2.27% | 37.75% | 3.54% | 5.23% | -15.08% | 34.33% | 10.92% | 19.69% |
| Operating CF Growth % | 280.27% | -18.45% | -16.89% | -25.83% | -193.28% | 1.25% | -22.88% | -7.04% | 180.25% | 32.29% | 492.33% | 388.24% | 118.71% | 43.13% | -58.44% | -65.82% | -213.61% | 1.82% | 524.86% | 57.56% |
| Net Income | 195.05M | 586.87M | 306.83M | 370.9M | 314.57M | 748.4M | 351.87M | 392.92M | 321.42M | 669.47M | 248.71M | 341.6M | 290.4M | 119.81M | 255.47M | 289.52M | 190M | 434.5M | 187.79M | 208.07M |
| Depreciation & Amortization | 135.34M | 134.53M | 127.46M | 119.72M | 114.53M | 133.59M | 113.6M | 103.57M | 95.76M | 103.29M | 97.97M | 94.01M | 84.12M | 80.16M | 79.19M | 67.97M | 64.47M | 62.12M | 57.96M | 53.64M |
| Stock-Based Compensation | 29.19M | 0 | 16.56M | -1.84M | 23.09M | 18.52M | 24.17M | 21.57M | 25.76M | 23.4M | 24.57M | 24.28M | 21.3M | 18.59M | 20.31M | 20.82M | 18.36M | 17.26M | 21.66M | 15.29M |
| Deferred Taxes | 0 | -53.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -135.13M | -29.84M | -6.16M | 35.6M | -47.52M | -6.9M | -6.83M | -12.5M | -316K | -53.9M | 108.84M | 19.59M | -721K | 368.17M | -11.15M | -7.86M | -10.38M | -39.12M | -14.58M | 23.5M |
| Working Capital Changes | -10M | 504.7M | -194.81M | -195.7M | -523.63M | 507.77M | -182.15M | -62.42M | -315.1M | 641.84M | -90.24M | -2.78M | -349.6M | 459.53M | -278.01M | -272.81M | -505.7M | 256.22M | -94.47M | -14.83M |
| Change in Receivables | 26.67M | 61.66M | -111.49M | 2.58M | -18.5M | 0 | 0 | 0 | -2.62M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 23.64M | 328.77M | -279.58M | -63.58M | -174.32M | 321.6M | -351.61M | -89.65M | -36.42M | 368.38M | -67.75M | -78.88M | -155.17M | 321.51M | -321.46M | -189.96M | -320.61M | -34.79M | -151.46M | -63.15M |
| Change in Payables | -37.69M | -26.95M | -18.34M | 68.67M | 22.49M | -102.62M | 69.26M | 58.68M | -82.37M | 35.68M | 15.68M | 9.07M | 116.94M | -133.82M | 54.79M | -48.88M | 20.63M | 66.75M | 22.67M | 8.61M |
| Cash from Investing | -138.85M | -173.06M | -169.1M | -213.12M | -106.84M | -222.96M | -308.59M | -135.09M | -131.54M | -208.81M | -161.66M | -145.44M | -138.22M | -183.07M | -161.92M | -123.62M | -101.33M | -114.45M | -111.94M | -116.03M |
| Capital Expenditures | -127.38M | -183.2M | -167.44M | -177.9M | -152.26M | -234.98M | -178.48M | -145.09M | -130.68M | -206.51M | -162.9M | -145.51M | -136.94M | -206.98M | -175.61M | -144.72M | -111.35M | -127.51M | -122.5M | -80.27M |
| CapEx % of Revenue | 5.15% | 5.03% | 6.53% | 7.04% | 6.42% | 6.51% | 7.45% | 6.12% | 5.92% | 6.44% | 7.39% | 6.59% | 6.84% | 7.47% | 9.46% | 7.75% | 6.9% | 5.99% | 8.45% | 5.53% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | -23.15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -11.47M | 10.14M | -1.66M | -35.22M | -3.25M | 35.17M | -130.11M | 10M | 0 | -2.29M | 1.24M | 70K | 0 | 23.91M | 13.69M | 15.66M | 0 | 13.06M | 10.55M | -10M |
| Cash from Financing | -378.52M | -269.66M | -194.17M | -276.85M | -467.97M | -324M | -411.97M | -587.91M | -328.63M | -38.24M | -204.93M | -190.25M | -115.4M | -68.06M | -14.85M | -125.02M | -259.56M | -321.79M | -232.43M | -168.53M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -373.77M | -268.94M | -190.91M | -281.23M | -434.44M | -335.35M | -412.59M | -589.46M | -299.48M | -54.01M | -212.63M | -193.54M | -98.48M | -69.03M | -16.99M | -125.34M | -232.64M | -321.27M | -236.42M | -171.08M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -373.77M | -271.77M | -190.91M | -281.23M | -434.44M | -335.35M | -412.59M | -589.46M | -299.48M | -54.01M | -212.63M | -193.54M | -98.48M | -69.03M | -16.99M | -125.34M | -232.64M | -321.27M | -236.42M | -171.08M |
| Other Financing | -4.75M | -719K | -3.27M | 4.38M | -33.53M | 11.35M | 626K | 1.54M | -29.15M | 15.76M | 7.69M | 3.29M | -16.92M | 966K | 2.14M | 324K | -26.92M | -524K | 3.99M | 2.55M |
| Net Change in Cash | -292.47M | 771.34M | -119.93M | -169.48M | -659.06M | 795.92M | -421.69M | -290.56M | -343.3M | 1.15B | -16.39M | 156.92M | -204.26M | 802.24M | -146.21M | -150.19M | -610.86M | 266.28M | -176.45M | -9.7M |
| Free Cash Flow | 87.06M | 959.67M | 82.44M | 150.78M | -271.22M | 1.17B | 122.18M | 298.05M | -3.16M | 1.18B | 226.95M | 331.2M | -91.44M | 839.28M | -109.79M | -47.08M | -354.61M | 603.47M | 35.85M | 205.39M |
| FCF Margin % | 3.52% | 26.36% | 3.21% | 5.97% | -11.44% | 32.3% | 5.1% | 12.57% | -0.14% | 36.74% | 10.3% | 14.99% | -4.57% | 30.28% | -5.91% | -2.52% | -21.98% | 28.34% | 2.47% | 14.16% |
| FCF Growth % | 132.1% | -17.72% | -32.52% | -49.41% | -8490.97% | -0.95% | -46.17% | -10.01% | 96.55% | 40.31% | 306.72% | 803.48% | 74.21% | 39.08% | -406.21% | -122.92% | -336.59% | -8.5% | 187.96% | 59.61% |
| FCF per Share | 0.75 | 8.06 | 0.70 | 1.26 | -2.24 | 9.57 | 0.99 | 2.39 | -0.02 | 9.30 | 1.79 | 2.60 | -0.72 | 6.57 | -0.86 | -0.37 | -2.76 | 4.66 | 0.28 | 1.57 |
| FCF Conversion (FCF/Net Income) | 1.10x | 1.95x | 0.81x | 0.89x | -0.38x | 1.87x | 0.85x | 1.13x | 0.40x | 2.07x | 1.57x | 1.40x | 0.16x | 8.73x | 0.26x | 0.34x | -1.28x | 1.68x | 0.84x | 1.37x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |