Kenvue Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Revenue	15,124	15,455	15,444	14,950	15,054
Revenue Growth (YoY)	-2.14%	0.07%	3.30%	-0.69%	4.06%
Cost of Revenue	6,332	6,496	6,801	6,665	6,635
Gross Profit	8,792	8,959	8,643	8,285	8,419
Selling, General & Admin	6,088	6,329	6,141	5,633	5,484
Other Operating Expenses	290	789	-10	-23	15
Operating Income	2,414	1,841	2,512	2,675	2,920
Interest Expense	-379	-378	-250	-	-
Other Non-Operating Income (Expense)	-36	-48	-72	-38	5
Total Non-Operating Income (Expense)	-415	-426	-322	-38	5
Pretax Income	1,999	1,415	2,190	2,637	2,925
Provision for Income Taxes	-529	-385	-526	-573	-847
Net Income	1,470	1,030	1,664	2,064	2,078
Net Income to Common	1,470	1,030	1,664	2,064	2,078
Net Income Growth	42.72%	-38.10%	-19.38%	-0.67%	-
Shares Outstanding (Basic)	1,917	1,915	1,846	1,716	1,716
Shares Outstanding (Diluted)	1,924	1,923	1,850	1,716	1,716
Shares Change (YoY)	0.05%	3.95%	7.81%	-	-
EPS (Basic)	0.77	0.54	0.90	1.20	1.21
EPS (Diluted)	0.76	0.54	0.90	1.20	1.21
EPS Growth	40.74%	-40.00%	-25.00%	-0.83%	-
Free Cash Flow	1,722	1,335	2,699	2,150	39
Free Cash Flow Growth	28.99%	-50.54%	25.54%	5412.82%	-98.77%
Free Cash Flow Per Share	0.90	0.69	1.46	1.25	0.02
Dividends Per Share	0.825	0.810	0.400	-	-
Dividend Growth	1.85%	102.50%	-	-	-
Gross Margin	58.13%	57.97%	55.96%	55.42%	55.93%
Operating Margin	15.96%	11.91%	16.27%	17.89%	19.40%
Profit Margin	9.72%	6.66%	10.77%	13.81%	13.80%
FCF Margin	11.39%	8.64%	17.48%	14.38%	0.26%
EBITDA	2,971	2,463	3,139	3,319	3,651
EBITDA Margin	19.64%	15.94%	20.33%	22.20%	24.25%
EBIT	2,414	1,841	2,512	2,675	2,920
EBIT Margin	15.96%	11.91%	16.27%	17.89%	19.40%
Effective Tax Rate	-26.46%	-27.21%	-24.02%	-21.73%	-28.96%

Updated Dec 28, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.