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URBN

Urban Outfitters, Inc.

URBN

Urban Outfitters, Inc. • NASDAQ
$74.07 ▼ -4.50% (-3.49)
Market Cap $6.64 B
52w High $80.71
52w Low $41.89
Dividend Yield 0%
P/E 14.03
Volume 2.47M
Outstanding Shares 89.70M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2026 $1.529B ▲ $419.008M ▲ $116.44M ▼ 7.614% ▼ $1.3 ▼ $152.445M ▼
Q2-2026 $1.505B ▲ $391.774M ▲ $143.865M ▲ 9.561% ▲ $1.6 ▲ $153.719M ▼
Q1-2026 $1.33B ▼ $360.837M ▼ $108.347M ▼ 8.149% ▲ $1.18 ▼ $157.781M ▼
Q4-2025 $1.636B ▲ $402.367M ▲ $120.301M ▲ 7.353% ▼ $1.3 ▲ $187.185M ▲
Q3-2025 $1.362B $368.628M $102.911M 7.557% $1.12 $158.17M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2026 $611.733M ▼ $4.907B ▲ $2.203B ▲ $2.704B ▲
Q2-2026 $622.835M ▲ $4.711B ▲ $2.13B ▲ $2.58B ▲
Q1-2026 $475.018M ▼ $4.457B ▼ $2.025B ▼ $2.432B ▼
Q4-2025 $610.43M ▲ $4.519B ▲ $2.048B ▼ $2.472B ▲
Q3-2025 $522.961M $4.486B $2.133B $2.353B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2026 $116.44M ▼ $61.139M ▼ $-81.74M ▼ $-4.953M ▼ $-25.571M ▼ $61.139M ▼
Q2-2026 $143.865M ▲ $218.014M ▲ $-71.361M ▼ $-4.24M ▲ $142.738M ▲ $264.172M ▲
Q1-2026 $108.347M ▼ $33.032M ▼ $39.38M ▲ $-176.348M ▼ $-101.048M ▼ $-13.126M ▼
Q4-2025 $120.301M ▲ $320.472M ▲ $-206.619M ▼ $-4.219M ▼ $107.965M ▲ $281.943M ▲
Q3-2025 $102.911M $18.548M $-41.013M $-3.794M $-26.613M $-26.65M

Revenue by Products

Product Q3-2025Q4-2025Q1-2026Q2-2026
Intersegment Eliminations
Intersegment Eliminations
 $0 ▲$0 ▲$0 ▲$0 ▲
Retail Operations
Retail Operations
 $1.18Bn ▲$1.45Bn ▲$1.13Bn ▼$1.29Bn ▲
Wholesale Operations
Wholesale Operations
 $90.00M ▲$60.00M ▼$70.00M ▲$80.00M ▲
Subscription Operations
Subscription Operations
 $0 ▲$0 ▲$120.00M ▲$0 ▼
Nuuly Operations
Nuuly Operations
 $100.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown steadily over the past several years, showing that URBN’s brands continue to find demand with customers. Profitability has improved meaningfully from a near break-even position a few years ago to healthy profit levels today, although there has been some up‑and‑down movement along the way. Margins look stronger than earlier in the period, suggesting better merchandise planning, more full‑price selling, and good cost control. Overall, the income statement now reflects a mature retailer that is still growing, with improving earnings but some normal retail volatility as trends, promotions, and inventory decisions shift year to year.

Balance Sheet

Balance Sheet The balance sheet looks solid and gradually stronger. Total assets and shareholders’ equity have been climbing, which points to the business building value over time. Debt levels are fairly stable to slightly lower, and don’t appear excessive relative to the size of the company, which helps limit financial risk. Cash on hand is lower than the peak a few years ago but still provides a reasonable cushion. In simple terms, URBN appears to be funding growth without stretching its balance sheet too aggressively.

Cash Flow

Cash Flow URBN is generating consistent cash from its day‑to‑day operations, and that cash generation has improved compared with earlier years. After funding store investments, technology, and other capital spending, free cash flow has been positive in most recent years, following one weaker year where investment temporarily ran ahead of cash generation. This pattern suggests the business can largely fund its own growth, while still having flexibility for strategic projects like Nuuly, new store concepts, and digital tools, as long as management maintains discipline around inventory and capital spending.

Competitive Edge

Competitive Edge URBN competes in a very crowded and trend‑driven apparel market, but it benefits from a portfolio of distinct lifestyle brands—Urban Outfitters, Anthropologie, Free People, FP Movement, Nuuly, and others—each speaking to different customer groups. This diversification helps smooth out softness in any one concept. The brands lean heavily on curation, exclusivity, and community‑driven experiences rather than just price, which provides some protection against pure discount or fast‑fashion competitors. At the same time, the company faces ongoing risks from rapidly shifting tastes, online‑only rivals, and broader consumer spending cycles, so it must keep its assortments and brand voice very sharp to maintain share.

Innovation and R&D

Innovation and R&D While URBN doesn’t do “R&D” in the traditional tech sense, it is quite active in innovation. It is using data and artificial intelligence across planning, inventory, and in‑store merchandising to respond faster to what customers actually buy. Brand‑specific tools, like Anthropologie’s clienteling platform and Free People’s social‑driven app, deepen customer relationships and drive more personalized engagement. Nuuly, the rental and resale platform, stands out as a major innovation that taps into sustainability and circular fashion, supported by a purpose‑built logistics and technology backbone. New store concepts, such as more flexible, community‑oriented Urban Outfitters spaces and the expansion of FP Movement, show a willingness to rethink physical retail. The main risk is execution: these ideas need to scale efficiently and stay aligned with younger shoppers’ preferences.

Summary

URBN today looks like a healthier, more profitable version of itself than it was several years ago, with steady sales growth, improved margins, and stronger cash generation. Its balance sheet is sound, with manageable debt and growing equity, giving it room to invest without taking on excessive financial risk. Competitively, the company benefits from a collection of differentiated brands and the emerging strength of Nuuly, but it still operates in an unforgiving, fashion‑sensitive sector where misreading the customer can quickly show up in results. Its active push into data‑driven merchandising, digital engagement, and new concepts like rental, resale, and activewear expansion creates meaningful opportunity but also demands consistent, careful execution. Overall, URBN appears to be a financially solid retailer leaning into innovation to stay relevant with younger, style‑conscious consumers, with performance highly dependent on how well it continues to adapt to fast‑changing tastes and shopping habits.

NEWS

November 25, 2025 · 4:05 PM UTC

URBN Reports Record Q3 Sales and Income

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