Levi Strauss & Co. (LEVI) 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 | 1.74B | 1.77B | 1.54B | 1.45B | 1.53B | 1.84B | 1.52B | 1.36B | 1.48B | 1.64B | 1.51B | 1.34B | 1.69B | 1.59B | 1.52B | 1.47B | 1.59B | 1.68B | 1.5B | 1.28B |
| Revenue Growth % | 14.13% | -4.02% | 1.75% | 6.42% | 3.15% | 12.02% | 0.38% | 1.65% | -12.36% | 3.37% | -0.41% | -9.13% | 6.11% | -5.7% | 1.31% | 15.29% | 21.91% | 21.57% | 40.87% | 156.45% |
| Cost of Goods Sold | 664.2M | 693M | 591.8M | 540.2M | 579.2M | 712.7M | 606.1M | 526.4M | 610.4M | 692.6M | 671.5M | 552.6M | 746.6M | 701.45M | 654.3M | 616.1M | 648M | 710.46M | 635.43M | 525.77M |
| COGS % of Revenue | 38.12% | 39.25% | 38.34% | 37.36% | 37.94% | 38.74% | 39.96% | 38.74% | 41.24% | 42.17% | 44.44% | 41.34% | 44.21% | 44.15% | 43.13% | 41.88% | 40.71% | 42.17% | 42.43% | 41.21% |
| Gross Profit | 1.08B | 1.07B | 951.6M | 905.8M | 947.6M | 1.13B | 910.7M | 832.4M | 869.8M | 949.7M | 839.5M | 784.2M | 942.3M | 887.29M | 862.9M | 855M | 943.6M | 974.33M | 862.15M | 750.2M |
| Gross Margin % | 61.88% | 60.75% | 61.66% | 62.64% | 62.06% | 61.26% | 60.04% | 61.26% | 58.76% | 57.83% | 55.56% | 58.66% | 55.79% | 55.85% | 56.87% | 58.12% | 59.29% | 57.83% | 57.57% | 58.79% |
| Gross Profit Growth % | 13.79% | -4.81% | 4.49% | 8.82% | 8.94% | 18.67% | 8.48% | 6.15% | -7.69% | 7.03% | -2.71% | -8.28% | -0.14% | -8.93% | 0.09% | 13.97% | 24.15% | 27.11% | 49.32% | 342.2% |
| Operating Expenses | 879.6M | 862.2M | 784.2M | 797.8M | 756M | 914.7M | 880.4M | 811.5M | 869.2M | 798.5M | 804.7M | 774.3M | 784.9M | 750.31M | 663.8M | 778.8M | 709.4M | 788M | 645.85M | 643.75M |
| OpEx % of Revenue | 50.48% | 48.83% | 50.81% | 55.17% | 49.52% | 49.72% | 58.04% | 59.72% | 58.72% | 48.62% | 53.26% | 57.92% | 46.47% | 47.23% | 43.75% | 52.94% | 44.57% | 46.77% | 43.13% | 50.45% |
| Selling, General & Admin | 871.7M | 859.8M | 775.6M | 791M | 749.3M | 900.7M | 765.6M | 756.4M | 756.1M | 778.2M | 713M | 767.8M | 773.5M | 741.31M | 675.4M | 778.8M | 711.4M | 784.2M | 645.85M | 643.75M |
| SG&A % of Revenue | 50.03% | 48.69% | 50.25% | 54.7% | 49.08% | 48.96% | 50.47% | 55.67% | 51.08% | 47.38% | 47.19% | 57.44% | 45.8% | 46.66% | 44.52% | 52.94% | 44.7% | 46.55% | 43.13% | 50.45% |
| 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 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 0 | -1000K | 1000K | 0 | 0 |
| Operating Income | 198.7M | 210.6M | 167.4M | 108M | 191.6M | 212.3M | 30.3M | 20.9M | 600K | 151.2M | 34.8M | 9.9M | 157.4M | 136.97M | 199.1M | 76.2M | 234.2M | 186.32M | 216.31M | 106.45M |
| Operating Margin % | 11.4% | 11.93% | 10.85% | 7.47% | 12.55% | 11.54% | 2% | 1.54% | 0.04% | 9.21% | 2.3% | 0.74% | 9.32% | 8.62% | 13.12% | 5.18% | 14.71% | 11.06% | 14.44% | 8.34% |
| Operating Income Growth % | 3.71% | -0.8% | 452.48% | 416.75% | 31833.33% | 40.41% | -12.93% | 111.11% | -99.62% | 10.39% | -82.52% | -87.01% | -32.79% | -26.49% | -7.96% | -28.42% | 32.22% | 102.49% | 134.29% | 123.75% |
| EBITDA | 254.3M | 265.5M | 219.2M | 158.4M | 240.8M | 266.7M | 80.4M | 65M | 45.2M | 194.3M | 77.6M | 49.7M | 197M | 177.94M | 239.3M | 115M | 273.1M | 223.91M | 251.96M | 140.91M |
| EBITDA Margin % | 14.59% | 15.04% | 14.2% | 10.95% | 15.77% | 14.5% | 5.3% | 4.78% | 3.05% | 11.83% | 5.14% | 3.72% | 11.66% | 11.2% | 15.77% | 7.82% | 17.16% | 13.29% | 16.82% | 11.04% |
| EBITDA Growth % | 5.61% | -0.45% | 172.64% | 143.69% | 432.74% | 37.26% | 3.61% | 30.78% | -77.06% | 9.19% | -67.57% | -56.78% | -27.87% | -20.53% | -5.02% | -18.39% | 28.46% | 73.83% | 99.47% | 134.1% |
| D&A (Non-Cash Add-back) | 55.6M | 54.9M | 51.8M | 50.4M | 49.2M | 54.4M | 50.1M | 44.1M | 44.6M | 43.1M | 42.8M | 39.8M | 39.6M | 40.97M | 40.2M | 38.8M | 38.9M | 37.59M | 35.65M | 34.46M |
| EBIT | 241.3M | 212.1M | 168.7M | 114.3M | 187.5M | 211.3M | 29.9M | 21.3M | -1.7M | 147.1M | 8.1M | 6M | 149.9M | 149.05M | 193.9M | 82.2M | 250.1M | 178.37M | 221.16M | 75.63M |
| Net Interest Income | -13.1M | -13.4M | -12.5M | -11.8M | -10.9M | -11.4M | -10.1M | -10.3M | -10M | -10.5M | -11.5M | -13.2M | -10.7M | -9.44M | -7.7M | -4.4M | -4.2M | -10.79M | -16.9M | -19.53M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 746K | 1.22M | 400K |
| Interest Expense | 13.1M | 13.4M | 12.5M | 11.8M | 10.9M | 11.4M | 10.1M | 10.3M | 10M | 10.5M | 11.5M | 13.2M | 10.7M | 9.44M | 7.7M | 4.4M | 4.2M | 11.54M | 18.12M | 19.93M |
| Other Income/Expense | 29.5M | -11.9M | -11.2M | -5.5M | -15M | -12.4M | -10.5M | -9.9M | -12.3M | -14.6M | -38.2M | -17.1M | -18.2M | 2.64M | -12.9M | 1.6M | 11.7M | -19.49M | -13.27M | -50.76M |
| Pretax Income | 228.2M | 198.7M | 156.2M | 102.5M | 176.6M | 199.9M | 19.8M | 11M | -11.7M | 136.6M | -3.4M | -7.2M | 139.2M | 139.61M | 186.2M | 77.8M | 245.9M | 166.83M | 203.04M | 55.7M |
| Pretax Margin % | 13.1% | 11.25% | 10.12% | 7.09% | 11.57% | 10.87% | 1.31% | 0.81% | -0.79% | 8.32% | -0.22% | -0.54% | 8.24% | 8.79% | 12.27% | 5.29% | 15.45% | 9.9% | 13.56% | 4.37% |
| Income Tax | 51.1M | 38.5M | 34.2M | 22.9M | 36.4M | 17.3M | -900K | -6.2M | -1.9M | 9.7M | -13M | -5.6M | 24.5M | -10.95M | 13.3M | 28.1M | 50.1M | 13.85M | 9.71M | -9.02M |
| Effective Tax Rate % | 22.39% | 19.38% | 21.9% | 22.34% | 20.61% | 8.65% | -4.55% | -56.36% | 16.24% | 7.1% | 382.35% | 77.78% | 17.6% | -7.84% | 7.14% | 36.12% | 20.37% | 8.3% | 4.78% | -16.19% |
| Net Income | 175.8M | 158M | 218.1M | 67M | 135M | 182.6M | 20.7M | 18M | -10.6M | 126.9M | 9.6M | -1.6M | 114.7M | 150.56M | 172.96M | 49.74M | 195.84M | 152.99M | 193.33M | 64.72M |
| Net Margin % | 10.09% | 8.95% | 14.13% | 4.63% | 8.84% | 9.93% | 1.36% | 1.32% | -0.72% | 7.73% | 0.64% | -0.12% | 6.79% | 9.48% | 11.4% | 3.38% | 12.3% | 9.08% | 12.91% | 5.07% |
| Net Income Growth % | 30.22% | -13.47% | 953.62% | 272.22% | 1373.58% | 43.89% | 115.63% | 1225% | -109.24% | -15.71% | -94.45% | -103.22% | -41.43% | -1.59% | -10.54% | -23.14% | 37.43% | 169.96% | 614.75% | 117.8% |
| Net Income (Continuing) | 177.1M | 160.2M | 122M | 79.6M | 140.2M | 182.6M | 20.7M | 17.2M | -9.8M | 126.9M | 9.6M | -1.6M | 114.7M | 150.56M | 172.96M | 49.74M | 195.84M | 152.99M | 193.33M | 64.72M |
| Discontinued Operations | -1000K | -1000K | 1000K | -1000K | 0 | 0 | 0 | 800K | -800K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.45 | 0.40 | 0.55 | 0.17 | 0.34 | 0.46 | 0.05 | 0.04 | -0.03 | 0.32 | 0.02 | -0.00 | 0.29 | 0.38 | 0.43 | 0.12 | 0.48 | 0.37 | 0.47 | 0.16 |
| EPS Growth % | 32.35% | -13.04% | 970.04% | 280.31% | 1378.2% | 43.75% | 115.06% | - | -109.17% | -15.79% | -94.44% | -103.33% | -39.58% | 2.7% | -8.51% | -25% | 37.14% | 164.29% | 571.43% | 117.58% |
| EPS (Basic) | 0.45 | 0.40 | 0.55 | 0.17 | 0.34 | 0.46 | 0.05 | 0.05 | -0.03 | 0.32 | 0.02 | -0.00 | 0.29 | 0.38 | 0.44 | 0.13 | 0.48 | 0.38 | 0.48 | 0.16 |
| Diluted Shares Outstanding | 394.2M | 397.16M | 399.53M | 399.05M | 400.05M | 402.37M | 402.4M | 402.91M | 398.94M | 401.58M | 400.99M | 397.46M | 400.36M | 400.2M | 402.92M | 403.78M | 407.02M | 410.08M | 413.11M | 412.1M |
| Basic Shares Outstanding | 389.91M | 392.28M | 395.66M | 396.41M | 396.58M | 398.23M | 398.19M | 398.8M | 398.94M | 398.06M | 397.77M | 397.46M | 395.96M | 395.1M | 397.11M | 397.88M | 399.45M | 401.94M | 402.96M | 401.96M |
| Dividend Payout Ratio | 30.6% | 34.62% | 25.4% | 76.72% | 38.07% | 28.15% | 248.79% | 265% | - | 37.51% | 496.88% | - | 41.5% | 31.4% | 27.46% | 79.61% | 20.37% | 21.03% | 16.63% | 37.25% |