Lululemon Revenue Analysis 2008-2025

By: Jack Zeifman | Date: Feburary 3rd 2026

Introduction

This page looks at how much money Lululemon has made each year from 2008 to 2025.

Who would use this data:

Table: Lululemon Annual Revenue Data
Year Revenue (Millions) Growth % Change in Revenue Notes
2008 $353 -- -- Started selling online
2009 $452 28.0% +$99 Growing fast
2010 $712 57.5% +$260 Opened many new stores
2011 $1,000 40.4% +$288 Went international
2012 $1,370 37.0% +$370 Expanding product lines
2013 $1,591 16.1% +$221 Had some quality problems
2014 $1,797 13.0% +$206 New CEO
2015 $2,060 14.6% +$263 More men's clothing
2016 $2,344 13.8% +$284 Better online store
2017 $2,649 13.0% +$305 Steady growth
2018 $3,288 24.1% +$639 New products launched
2019 $3,979 21.0% +$691 Digital improvements
2020 $4,402 10.6% +$423 COVID-19 pandemic started
2021 $6,256 42.1% +$1,854 Everyone buying athleisure
2022 $8,111 29.6% +$1,855 Still growing fast
2023 $9,619 18.6% +$1,508 Expanding globally
2024 $10,588 10.1% +$969 Growth slowing down
2025 $11,073 8.8% +$485 Current year

What the Data Shows

The Best Years (2020-2022)

Here's what happened during COVID-19:

Year Revenue Growth
2020 $4.4 billion 10.6%
2021 $6.3 billion 42.1%
2022 $8.1 billion 29.6%

Why this happened: During the pandemic, people stayed home and wanted comfortable clothes. Lululemon's yoga pants and athletic wear became very popular on TikTok leading to a sales spike. The company made $3.7 billion more in just two years

The Beginning (2008-2012)

In the early years, Lululemon grew really fast. They went from $353 million to $1.37 billion in just 4 years. The company opened lots of new stores and started selling online which has become a massive market for them.

Recent Years (2023-2025)

Growth has slowed down recently. The company is still growing, but not as fast. This is normal because they are already so big. It's harder to grow 20% when you're making $10 billion than when you're making $1 billion.

Glossary - Important Terms

Revenue
How much money a company makes from selling things. This is before paying any bills or expenses.
Year-over-Year Growth
This compares how much the company made this year compared to last year. If they made more money, the growth is positive.
CAGR (Compound Annual Growth Rate)
The average growth rate per year over a long time period. For Lululemon from 2008-2025, this is about 23% per year.
Direct-to-Consumer
When a company sells directly to customers instead of selling to other stores. For Lululemon, this means their own stores and website.
Athleisure
Athletic clothes that people wear for exercise AND for everyday life. Like wearing yoga pants to the grocery store.
Pandemic
COVID-19 happened starting in 2020. Many stores closed, people stayed home, and shopping habits changed a lot.