In fiscal 2025, which ended Nov 30, 2025, Levi Strauss & Co reported revenue of $6.3 billion, up 4.1% from the year before. Net income was $578.1 million, a profit margin of 9.2%. Operating income came to $677.6 million, an operating margin of 10.8%. Diluted earnings per share were $1.45. Over the twelve months ended Aug 30, 2026, revenue was $6.7 billion and net income was $589.7 million. Across the 10 fiscal years shown, revenue grew from $4.6 billion in fiscal 2016 to $6.3 billion in fiscal 2025, about 3.6% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2026
Aug 30, 2026
|
FY 2025
Nov 30, 2025
|
FY 2024
Dec 1, 2024
|
FY 2023
Nov 26, 2023
|
FY 2022
Nov 27, 2022
|
FY 2021
Nov 28, 2021
|
FY 2020
Nov 29, 2020
|
FY 2019
Nov 24, 2019
|
FY 2018
Nov 25, 2018
|
FY 2017
Nov 26, 2017
|
FY 2016
Nov 27, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
6,680
+6.6%
|
6,282
+4.1%
|
6,032
+3.3%
|
5,842
-5.3%
|
6,169
+7.0%
|
5,764
+29.5%
|
4,453
-22.7%
|
5,763
+3.4%
|
5,575
+13.7%
|
4,904
+7.7%
|
4,553
+1.3%
|
| Cost of revenue |
2,484
+4.4%
|
2,404
+1.2%
|
2,375
-4.3%
|
2,481
-5.3%
|
2,620
+8.4%
|
2,417
+15.1%
|
2,100
-21.1%
|
2,662
+3.3%
|
2,577
+10.1%
|
2,341
+5.3%
|
2,224
-0.1%
|
| Gross profit |
4,196
+8.0%
|
3,878
+6.0%
|
3,657
+8.8%
|
3,361
-5.3%
|
3,549
+6.0%
|
3,347
+42.2%
|
2,353
-24.1%
|
3,101
+3.4%
|
2,998
+17.0%
|
2,563
+10.0%
|
2,329
+2.6%
|
| Selling, general and administrative |
3,408
+7.4%
|
3,173
+2.6%
|
3,092
+6.8%
|
2,896
+0.5%
|
2,882
+8.3%
|
2,660
+13.3%
|
2,348
-7.4%
|
2,535
+3.1%
|
2,458
+18.0%
|
2,083
+11.6%
|
1,867
+2.4%
|
| Restructuring and impairment |
31
|
24
|
—
|
—
|
—
|
6
-93.4%
|
87
|
—
|
—
|
0
-100.0%
|
0
-97.8%
|
| Operating income |
754
+11.6%
|
678
+157.9%
|
263
-25.9%
|
354
-45.2%
|
646
-5.8%
|
686
+906.3%
|
-85
-115.0%
|
567
+4.9%
|
540
+12.6%
|
480
+3.9%
|
462
+7.2%
|
| Interest expense |
52
+12.2%
|
49
+16.3%
|
42
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Other non-operating income (expense) |
68
+2608.0%
|
5
+251.5%
|
-3
+92.2%
|
-42
-246.5%
|
29
+747.1%
|
3
+115.2%
|
-22
-1210.6%
|
2
-86.5%
|
15
+137.4%
|
-40
-318.9%
|
18
+171.7%
|
| Pretax income |
769
+21.8%
|
634
+191.4%
|
218
-18.3%
|
266
-59.0%
|
650
+12.0%
|
580
+405.9%
|
-190
-139.7%
|
478
-4.5%
|
500
+43.4%
|
349
-14.4%
|
407
+31.2%
|
| Income tax |
168
+54.3%
|
132
+1733.3%
|
7
-54.1%
|
16
-80.5%
|
80
+201.5%
|
27
+142.7%
|
-63
-175.8%
|
83
-61.5%
|
215
+234.4%
|
64
-44.7%
|
116
+15.5%
|
| Net income |
590
-2.2%
|
578
+174.5%
|
211
-15.6%
|
250
-56.1%
|
569
+2.8%
|
554
+535.5%
|
-127
-132.2%
|
395
+38.5%
|
285
+0.2%
|
285
-2.3%
|
291
+38.7%
|
| Basic EPS |
1.52
-0.2%
|
1.46
+175.5%
|
0.53
-15.9%
|
0.63
-55.9%
|
1.43
+3.6%
|
1.38
+531.2%
|
-0.32
-131.7%
|
1.01
|
—
|
—
|
—
|
| Diluted EPS |
1.50
-0.4%
|
1.45
+178.8%
|
0.52
-16.1%
|
0.62
-56.0%
|
1.41
+4.4%
|
1.35
+521.9%
|
-0.32
-133.0%
|
0.97
|
—
|
—
|
—
|
| Weighted average shares, basic |
389
-2.0%
|
396
-0.7%
|
398
+0.3%
|
397
-0.0%
|
397
-1.1%
|
402
+1.1%
|
397
+2.1%
|
389
|
—
|
—
|
—
|
| Weighted average shares, diluted |
394
-1.8%
|
400
-0.7%
|
402
+0.2%
|
402
-0.5%
|
404
-1.4%
|
410
+3.1%
|
397
-2.7%
|
408
|
—
|
—
|
—
|
| Other measures | |||||||||||
| Depreciation and amortization |
222
+8.1%
|
206
+6.8%
|
193
+16.9%
|
165
+4.0%
|
159
+11.0%
|
143
+1.0%
|
142
+14.4%
|
124
+3.1%
|
120
+2.4%
|
117
+13.0%
|
104
+1.8%
|
| EBITDA |
976
+10.8%
|
884
+93.9%
|
456
-12.3%
|
520
-35.5%
|
805
-2.9%
|
829
+1362.8%
|
57
-91.8%
|
691
+4.5%
|
661
+10.6%
|
597
+5.5%
|
566
+6.2%
|
| Interest coverage |
14.41x
|
13.94x
|
6.28x
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Margins | |||||||||||
| Gross margin |
62.81%
|
61.73%
|
60.63%
|
57.53%
|
57.53%
|
58.06%
|
52.84%
|
53.81%
|
53.77%
|
52.26%
|
51.16%
|
| Operating margin |
11.28%
|
10.79%
|
4.36%
|
6.07%
|
10.48%
|
11.91%
|
-1.91%
|
9.83%
|
9.69%
|
9.79%
|
10.15%
|
| Pretax margin |
11.51%
|
10.09%
|
3.61%
|
4.56%
|
10.53%
|
10.07%
|
-4.26%
|
8.29%
|
8.97%
|
7.11%
|
8.95%
|
| Profit margin |
8.83%
|
9.20%
|
3.49%
|
4.27%
|
9.23%
|
9.60%
|
-2.85%
|
6.85%
|
5.12%
|
5.80%
|
6.40%
|
| EBITDA margin |
14.62%
|
14.07%
|
7.56%
|
8.90%
|
13.06%
|
14.39%
|
1.27%
|
11.98%
|
11.85%
|
12.18%
|
12.43%
|
| Effective tax rate |
21.91%
|
20.82%
|
3.31%
|
5.90%
|
12.39%
|
4.60%
|
—
|
17.30%
|
42.95%
|
18.41%
|
28.50%
|
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
- Apparel & Other Finishd Prods of Fabrics & Similar Matl (SIC 2300)
- Listed as
- LEVI (NYSE)
- Fiscal year ends
- November 29
- Incorporated in
- DE
- Headquarters
- San Francisco, CA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 94845
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.