Bath & Body Works Financial Statements
NYSE: BBWIConsumer DiscretionaryOther Specialty StoresUSD
Market open · Delayed 15 min · as of Oct 9, 3:37 PM ET
Bath & Body Works revenue and earnings
In fiscal 2025, Bath & Body Works generated $7.29 billion in revenue, down 0.2% from fiscal 2024, its first annual decline since 2024. Net income was $649.0 million (-18.7% year over year), for a net margin of 8.9% versus a median of 11.8% in the prior 5 years. Gross margin was 43.7% (down from 44.3%) and operating margin 15.4%.
Diluted earnings per share came in at $3.11, down from $3.61. Over the last 5 fiscal years, BBWI's revenue has grown at a 2.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Bath & Body Works income statement (annual)
| Fiscal year (USD) | FY 20252026-01-31 | FY 20242025-02-01 | FY 20232024-02-03 | FY 20222023-01-28 | FY 20212022-01-29 | FY 20202021-01-30 | FY 20202020-02-01 | FY 20182019-02-02 | FY 20172018-02-03 | FY 20162017-01-28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.29B | 7.31B | 7.43B | 7.56B | 7.88B | 6.43B | 5.41B | 13.24B | 12.63B | 12.57B |
| Revenue growth (YoY) | -0.22% | -1.64% | -1.73% | -4.09% | +22.51% | +19.04% | -59.17% | +4.79% | +0.46% | +3.46% |
| Cost of Revenue | 4.10B | 4.07B | 4.19B | 4.30B | 4.03B | 3.34B | 3.02B | 8.34B | 7.67B | 7.45B |
| Gross Profit | 3.19B | 3.23B | 3.24B | 3.25B | 3.85B | 3.10B | 2.39B | 4.90B | 4.96B | 5.13B |
| Operating Expenses | 2.06B | 1.97B | 1.95B | 1.88B | 1.85B | 1.49B | 1.35B | 3.66B | 3.23B | 3.12B |
| Selling, General & Admin | 2.06B | 1.97B | 1.95B | 1.88B | 1.85B | 1.49B | 1.35B | 3.56B | 3.23B | 3.12B |
| Operating Income | 1.13B | 1.27B | 1.28B | 1.38B | 2.01B | 1.60B | 1.04B | 1.24B | 1.73B | 2.00B |
| Interest Expense | 276.00M | 312.00M | 345.00M | 348.00M | 388.00M | 432.00M | 370.00M | 385.00M | 406.00M | 394.00M |
| Other Income (Expense) | 32.00M | 74.00M | 81.00M | 17.00M | -198.00M | -50.00M | -62.00M | 5.00M | -10.00M | 87.00M |
| Pretax Income | 882.00M | 1.03B | 1.02B | 1.04B | 1.42B | 1.12B | 608.00M | 857.00M | 1.31B | 1.70B |
| Income Tax | 233.00M | 230.00M | 143.00M | 251.00M | 348.00M | 257.00M | 148.00M | 213.00M | 329.00M | 538.00M |
| Net Income | 649.00M | 798.00M | 878.00M | 800.00M | 1.33B | 844.00M | -366.00M | 644.00M | 983.00M | 1.16B |
| Net Income growth (YoY) | -18.67% | -9.11% | +9.75% | -39.98% | +57.94% | — | -156.83% | -34.49% | -15.11% | -7.58% |
| EPS (Basic) | 3.12 | 3.62 | 3.86 | 3.45 | 4.96 | 3.04 | -1.33 | 2.33 | 3.46 | 4.04 |
| EPS (Diluted) | 3.11 | 3.61 | 3.84 | 3.43 | 4.88 | 3.00 | -1.32 | 2.31 | 3.42 | 3.98 |
| Shares Outstanding (Basic) | 208.00M | 220.00M | 228.00M | 232.00M | 269.00M | 278.00M | 276.00M | 276.00M | 284.00M | 287.00M |
| Shares Outstanding (Diluted) | 209.00M | 221.00M | 229.00M | 233.00M | 273.00M | 281.00M | 278.00M | 279.00M | 287.00M | 291.00M |
| EBITDA | 1.38B | 1.55B | 1.55B | 1.60B | 2.37B | 2.13B | 1.63B | 1.78B | 2.25B | 2.48B |
| Gross Margin | 43.74% | 44.26% | 43.56% | 43.06% | 48.91% | 48.12% | 44.16% | 37.01% | 39.26% | 40.76% |
| Operating Margin | 15.44% | 17.33% | 17.30% | 18.20% | 25.49% | 24.93% | 19.24% | 9.35% | 13.68% | 15.93% |
| Net Margin | 8.90% | 10.92% | 11.82% | 10.58% | 16.91% | 13.12% | -6.77% | 4.87% | 7.78% | 9.21% |
This table shows 10 annual periods of Bath & Body Works's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow BBWI's reporting calendar. What is a income statement?