In fiscal 2025, which ended Dec 28, 2025, Kenvue Inc. reported revenue of $15.1 billion, down 2.1% from the year before. Net income was $1.5 billion, a profit margin of 9.7%. Operating income came to $2.4 billion, an operating margin of 16.0%. Diluted earnings per share were $0.76. Over the twelve months ended Sep 27, 2026, revenue was $15.5 billion and net income was $1.7 billion.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2026
Sep 27, 2026
|
FY 2025
Dec 28, 2025
|
FY 2024
Dec 29, 2024
|
FY 2023
Dec 31, 2023
|
|---|---|---|---|---|
| Revenue |
15,530
+3.5%
|
15,124
-2.1%
|
15,455
+0.1%
|
15,444
|
| Cost of revenue |
6,476
+3.1%
|
6,332
-2.5%
|
6,496
-4.5%
|
6,801
|
| Gross profit |
9,054
+3.8%
|
8,792
-1.9%
|
8,959
+3.7%
|
8,643
|
| Research and development |
372
-4.6%
|
382
-6.4%
|
408
+2.3%
|
399
|
| Selling, general and administrative |
6,094
+0.3%
|
6,088
-3.8%
|
6,329
+3.1%
|
6,141
|
| Other operating income (expense) |
19
+218.8%
|
23
+188.5%
|
-26
-360.0%
|
10
|
| Restructuring and impairment |
249
-7.4%
|
290
+56.8%
|
185
|
0
|
| Operating income |
2,707
+14.6%
|
2,414
+31.1%
|
1,841
-26.7%
|
2,512
|
| Pretax income |
2,306
+20.2%
|
1,999
+41.3%
|
1,415
-35.4%
|
2,190
|
| Income tax |
616
+27.0%
|
529
+37.4%
|
385
-26.8%
|
526
|
| Net income |
1,690
+17.9%
|
1,470
+42.7%
|
1,030
-38.1%
|
1,664
|
| Basic EPS |
0.88
+17.8%
|
0.77
+42.6%
|
0.54
-40.0%
|
0.90
|
| Diluted EPS |
0.88
+18.1%
|
0.76
+40.7%
|
0.54
-40.0%
|
0.90
|
| Weighted average shares, basic |
1,918
+0.1%
|
1,917
+0.1%
|
1,915
+3.7%
|
1,846
|
| Weighted average shares, diluted |
1,923
-0.2%
|
1,924
+0.1%
|
1,923
+3.9%
|
1,850
|
| Other measures | ||||
| Depreciation and amortization |
569
+0.0%
|
557
-10.5%
|
622
-0.8%
|
627
|
| EBITDA |
3,276
+11.8%
|
2,971
+20.6%
|
2,463
-21.5%
|
3,139
|
| Interest coverage |
—
|
—
|
—
|
10.05x
|
| Margins | ||||
| Gross margin |
58.30%
|
58.13%
|
57.97%
|
55.96%
|
| Operating margin |
17.43%
|
15.96%
|
11.91%
|
16.27%
|
| Pretax margin |
14.85%
|
13.22%
|
9.16%
|
14.18%
|
| Profit margin |
10.88%
|
9.72%
|
6.66%
|
10.77%
|
| EBITDA margin |
21.09%
|
19.64%
|
15.94%
|
20.33%
|
| Effective tax rate |
26.71%
|
26.46%
|
27.21%
|
24.02%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Perfumes, Cosmetics & Other Toilet Preparations (SIC 2844)
- Listed as
- KVUE (NYSE)
- Fiscal year ends
- January 3
- Incorporated in
- DE
- Headquarters
- Summit, NJ
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1944048
- Former names
- JNTL, Inc. (until Aug 30, 2022)
Other Perfumes, Cosmetics & Other Toilet Preparations companies
- Colgate Palmolive Co CL
- Haleon plc HLN
- Estee Lauder Companies Inc EL
- e.l.f. Beauty, Inc. ELF
- Interparfums Inc IPAR
- Coty Inc. COTY
- EDGEWELL PERSONAL CARE Co EPC
- Oddity Tech Ltd ODD
All 22 Perfumes, Cosmetics & Other Toilet Preparations companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.