URBN reported a record fourth quarter (Q4 FY2025) with total URBN sales of approximately $1.636 billion, up 9% year over year, driven by broad strength across Anthropologie and Free People brands and a robust Nuuly subscriber surge. Gross profit rose 17% to about $527.7 million, with gross margin improving to 32.3% (+~200 bps YoY), supported by higher initial margins and fewer markdowns, particularly in Urban Outfitters (UO) where markdown activity moderated versus the prior year. Operating income reached roughly $125 million, a 54% year-over-year increase, with a 7.7% operating margin (+220 bps). Net income for the quarter was cited by management at $98 million in the earnings call, with adjusted results tracking a similarly strong top-line trajectory, reflecting URBN’s adjusted commentary during the call.