Bath & Body Works, Inc. (BBWI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.38B | 2.72B | 1.59B | 1.55B | 1.42B | 2.79B | 1.61B | 1.53B | 1.38B | 2.91B | 1.56B | 1.56B | 1.4B | 2.89B | 1.6B | 1.62B | 1.45B | 3.03B | 1.68B | 1.7B |
| Revenue Growth % | -3.23% | -2.26% | -0.99% | 1.51% | 2.89% | -4.29% | 3.07% | -2.12% | -0.86% | 0.83% | -2.62% | -3.65% | -3.72% | -4.62% | -4.58% | -5.05% | -1.36% | -37.15% | -1.23% | -26.52% |
| Cost of Goods Sold | 791M | 1.48B | 936M | 909M | 778M | 1.49B | 910M | 900M | 778M | 1.58B | 880M | 937M | 800M | 1.64B | 926M | 958M | 781M | 1.58B | 842M | 876M |
| COGS % of Revenue | 57.4% | 54.33% | 58.72% | 58.68% | 54.63% | 53.32% | 56.52% | 58.98% | 56.21% | 54.12% | 56.34% | 60.1% | 57.31% | 56.75% | 57.73% | 59.21% | 53.86% | 52.25% | 50.09% | 51.41% |
| Gross Profit | 587M | 1.24B | 658M | 640M | 646M | 1.3B | 700M | 626M | 606M | 1.34B | 682M | 622M | 596M | 1.25B | 678M | 660M | 669M | 1.45B | 839M | 828M |
| Gross Margin % | 42.6% | 45.67% | 41.28% | 41.32% | 45.37% | 46.68% | 43.48% | 41.02% | 43.79% | 45.88% | 43.66% | 39.9% | 42.69% | 43.25% | 42.27% | 40.79% | 46.14% | 47.75% | 49.91% | 48.59% |
| Gross Profit Growth % | -9.13% | -4.38% | -6% | 2.24% | 6.6% | -2.62% | 2.64% | 0.64% | 1.68% | 6.97% | 0.59% | -5.76% | -10.91% | -13.62% | -19.19% | -20.29% | -9.84% | -37.32% | -2.78% | 16.46% |
| Operating Expenses | 356M | 645M | 497M | 483M | 437M | 623M | 482M | 443M | 419M | 641M | 461M | 434M | 415M | 597M | 476M | 418M | 389M | 567M | 430M | 444M |
| OpEx % of Revenue | 25.83% | 23.68% | 31.18% | 31.18% | 30.69% | 22.35% | 29.94% | 29.03% | 30.27% | 22.01% | 29.51% | 27.84% | 29.73% | 20.67% | 29.68% | 25.83% | 26.83% | 18.73% | 25.58% | 26.06% |
| Selling, General & Admin | 356M | 645M | 497M | 483M | 437M | 623M | 482M | 443M | 419M | 641M | 461M | 434M | 415M | 597M | 476M | 418M | 389M | 567M | 430M | 444M |
| SG&A % of Revenue | 25.83% | 23.68% | 31.18% | 31.18% | 30.69% | 22.35% | 29.94% | 29.03% | 30.27% | 22.01% | 29.51% | 27.84% | 29.73% | 20.67% | 29.68% | 25.83% | 26.83% | 18.73% | 25.58% | 26.06% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 231M | 599M | 161M | 157M | 209M | 678M | 218M | 183M | 187M | 695M | 221M | 188M | 181M | 652M | 202M | 242M | 280M | 879M | 409M | 384M |
| Operating Margin % | 16.76% | 21.99% | 10.1% | 10.14% | 14.68% | 24.33% | 13.54% | 11.99% | 13.51% | 23.87% | 14.15% | 12.06% | 12.97% | 22.58% | 12.59% | 14.96% | 19.31% | 29.03% | 24.33% | 22.54% |
| Operating Income Growth % | 10.53% | -11.65% | -26.15% | -14.21% | 11.76% | -2.45% | -1.36% | -2.66% | 3.31% | 6.6% | 9.41% | -22.31% | -35.36% | -25.82% | -50.61% | -36.98% | -16.91% | -30.95% | -6.19% | 772.73% |
| EBITDA | 292M | 662M | 224M | 221M | 273M | 749M | 287M | 254M | 258M | 765M | 291M | 254M | 244M | 711M | 258M | 295M | 333M | 932M | 461M | 513M |
| EBITDA Margin % | 21.19% | 24.3% | 14.05% | 14.27% | 19.17% | 26.87% | 17.83% | 16.64% | 18.64% | 26.27% | 18.63% | 16.29% | 17.48% | 24.62% | 16.08% | 18.23% | 22.97% | 30.78% | 27.42% | 30.11% |
| EBITDA Growth % | 6.96% | -11.62% | -21.95% | -12.99% | 5.81% | -2.09% | -1.37% | 0% | 5.74% | 7.59% | 12.79% | -13.9% | -26.73% | -23.71% | -44.03% | -42.5% | -28.54% | -33.48% | -18.12% | 200% |
| D&A (Non-Cash Add-back) | 61M | 63M | 63M | 64M | 64M | 71M | 69M | 71M | 71M | 70M | 70M | 66M | 63M | 59M | 56M | 53M | 53M | 53M | 52M | 129M |
| EBIT | 231M | 606M | 171M | 163M | 217M | 687M | 222M | 230M | 200M | 709M | 243M | 213M | 201M | 662M | 205M | 244M | 281M | 877M | 318M | 384M |
| Net Interest Income | -69M | -69M | -68M | -68M | -71M | -76M | -77M | -77M | -82M | -86M | -84M | -86M | -89M | -86M | -86M | -86M | -89M | -87M | -91M | -97M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 69M | 69M | 68M | 68M | 71M | 76M | 77M | 77M | 82M | 86M | 84M | 86M | 89M | 86M | 86M | 86M | 89M | 87M | 91M | 97M |
| Other Income/Expense | -65M | -61M | -58M | -62M | -63M | -67M | -73M | -30M | -69M | -73M | -62M | -61M | -69M | -76M | -83M | -84M | -88M | -89M | -182M | -97M |
| Pretax Income | 166M | 538M | 103M | 95M | 146M | 611M | 145M | 153M | 118M | 622M | 159M | 127M | 112M | 576M | 119M | 158M | 192M | 790M | 227M | 287M |
| Pretax Margin % | 12.05% | 19.75% | 6.46% | 6.13% | 10.25% | 21.92% | 9.01% | 10.03% | 8.53% | 21.36% | 10.18% | 8.15% | 8.02% | 19.94% | 7.42% | 9.77% | 13.24% | 26.09% | 13.5% | 16.84% |
| Income Tax | -17M | 135M | 26M | 31M | 41M | 158M | 39M | 1M | 31M | 43M | 40M | 28M | 31M | 148M | 28M | 38M | 37M | 198M | 50M | 72M |
| Effective Tax Rate % | -10.24% | 25.09% | 25.24% | 32.63% | 28.08% | 25.86% | 26.9% | 0.65% | 26.27% | 6.91% | 25.16% | 22.05% | 27.68% | 25.69% | 23.53% | 24.05% | 19.27% | 25.06% | 22.03% | 25.09% |
| Net Income | 183M | 403M | 77M | 64M | 105M | 453M | 106M | 152M | 87M | 579M | 119M | 99M | 81M | 434M | 91M | 120M | 155M | 594M | 88M | 374M |
| Net Margin % | 13.28% | 14.79% | 4.83% | 4.13% | 7.37% | 16.25% | 6.58% | 9.96% | 6.29% | 19.88% | 7.62% | 6.35% | 5.8% | 15.03% | 5.67% | 7.42% | 10.69% | 19.62% | 5.24% | 21.95% |
| Net Income Growth % | 74.29% | -11.04% | -27.36% | -57.89% | 20.69% | -21.76% | -10.92% | 53.54% | 7.41% | 33.41% | 30.77% | -17.5% | -47.74% | -26.94% | 3.41% | -67.91% | -44.04% | -30.93% | -73.41% | 863.27% |
| Net Income (Continuing) | 183M | 403M | 77M | 64M | 105M | 453M | 106M | 152M | 87M | 579M | 119M | 99M | 81M | 428M | 91M | 120M | 155M | 592M | 177M | 215M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 1000K | -1000K | 1000K |
| Minority Interest | 2M | 2M | 1M | 1M | 1M | 2M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M |
| EPS (Diluted) | 0.91 | 1.90 | 0.36 | 0.30 | 0.49 | 2.09 | 0.48 | 0.68 | 0.39 | 2.55 | 0.52 | 0.43 | 0.35 | 1.89 | 0.40 | 0.52 | 0.64 | 2.28 | 0.33 | 1.34 |
| EPS Growth % | 85.71% | -9.09% | -25% | -55.88% | 25.64% | -18.04% | -7.69% | 58.14% | 11.43% | 34.92% | 30% | -17.31% | -45.31% | -17.11% | 21.21% | -61.19% | -34.02% | -24.75% | -71.79% | 844.44% |
| EPS (Basic) | 0.91 | 1.90 | 0.36 | 0.30 | 0.49 | 2.10 | 0.49 | 0.68 | 0.39 | 2.57 | 0.52 | 0.43 | 0.36 | 1.90 | 0.40 | 0.52 | 0.65 | 2.28 | 0.33 | 1.36 |
| Diluted Shares Outstanding | 202M | 211.61M | 211.61M | 211.61M | 215M | 217M | 219M | 223M | 226M | 227M | 228M | 229M | 230M | 230M | 229.14M | 231M | 243M | 260.91M | 267M | 280M |
| Basic Shares Outstanding | 202.01M | 211.61M | 211.61M | 211.61M | 214M | 216M | 218M | 222M | 225M | 225M | 227M | 228M | 229M | 228.42M | 228M | 230M | 240M | 260.61M | 263M | 275M |
| Dividend Payout Ratio | 21.86% | 10.17% | 53.25% | 65.63% | 40.95% | 9.49% | 41.51% | 29.61% | 51.72% | 7.77% | 37.82% | 46.46% | 56.79% | 10.6% | 50.55% | 38.33% | 30.97% | 6.57% | 44.32% | 11.23% |