PVH Corp. (PVH) 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 | 2.03B | 2.51B | 2.29B | 2.17B | 1.98B | 2.37B | 2.26B | 2.07B | 1.95B | 2.49B | 2.36B | 2.21B | 2.16B | 2.49B | 2.28B | 2.13B | 2.12B | 2.43B | 2.33B | 2.31B |
| Revenue Growth % | 2.09% | 5.63% | 1.74% | 4.48% | 1.62% | -4.75% | -4.56% | -6.01% | -9.55% | 0.05% | 3.6% | 3.52% | 1.66% | 2.43% | -2.22% | -7.83% | 2.09% | 16.26% | 10.12% | 46.34% |
| Cost of Goods Sold | 838.9M | 1.04B | 1.01B | 931.1M | 821.6M | 997.1M | 943.8M | 834.7M | 758.9M | 983.3M | 1.03B | 940.1M | 912.4M | 1.11B | 1.02B | 917.7M | 882.5M | 1.01B | 980.8M | 985.4M |
| COGS % of Revenue | 41.43% | 41.54% | 43.95% | 42.96% | 41.42% | 42.04% | 41.85% | 40.24% | 38.88% | 39.49% | 43.58% | 42.6% | 42.28% | 44.69% | 44.57% | 43.04% | 41.57% | 41.59% | 42.05% | 42.6% |
| Gross Profit | 1.19B | 1.46B | 1.29B | 1.24B | 1.16B | 1.37B | 1.31B | 1.24B | 1.19B | 1.51B | 1.33B | 1.27B | 1.25B | 1.38B | 1.26B | 1.21B | 1.24B | 1.42B | 1.35B | 1.33B |
| Gross Margin % | 58.57% | 58.46% | 56.05% | 57.04% | 58.58% | 57.96% | 58.15% | 59.76% | 61.12% | 60.51% | 56.42% | 57.4% | 57.72% | 55.31% | 55.43% | 56.96% | 58.43% | 58.41% | 57.95% | 57.4% |
| Gross Profit Growth % | 2.08% | 6.56% | -1.94% | -0.28% | -2.6% | -8.77% | -1.64% | -2.15% | -4.22% | 9.45% | 5.44% | 4.33% | 0.43% | -3.02% | -6.47% | -8.55% | 1.07% | 19.25% | 23.33% | 50.48% |
| Operating Expenses | 1.07B | 1.24B | 1.12B | 1.12B | 1B | 1.19B | 1.16B | 1.08B | 936.7M | 1.15B | 1.12B | 1.14B | 1.06B | 1.07B | 1.09B | 1.04B | 1.05B | 1.21B | 1.09B | 1.05B |
| OpEx % of Revenue | 52.71% | 49.48% | 49% | 51.85% | 50.66% | 50.05% | 51.27% | 52.03% | 47.99% | 46.27% | 47.3% | 51.49% | 49.23% | 43.11% | 47.8% | 48.6% | 49.46% | 49.9% | 46.66% | 45.53% |
| Selling, General & Admin | 1.07B | 1.24B | 1.12B | 1.12B | 1B | 1.19B | 1.16B | 1.08B | 936.7M | 1.15B | 1.12B | 1.14B | 1.06B | 1.07B | 1.09B | 1.04B | 1.05B | 1.21B | 1.09B | 1.05B |
| SG&A % of Revenue | 52.71% | 49.48% | 49% | 51.85% | 50.66% | 50.05% | 51.27% | 52.03% | 47.99% | 46.27% | 47.3% | 51.49% | 49.23% | 43.11% | 47.8% | 48.6% | 49.46% | 49.9% | 46.66% | 45.53% |
| 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 | 118.7M | 225.1M | 161.8M | 112.5M | 157.1M | 187.5M | 155.2M | 160.3M | 256.3M | 354.5M | 215.5M | 130.5M | 183.1M | 303.6M | 174M | 178.2M | 190.3M | 207M | 263.3M | 274.7M |
| Operating Margin % | 5.86% | 8.99% | 7.05% | 5.19% | 7.92% | 7.91% | 6.88% | 7.73% | 13.13% | 14.24% | 9.12% | 5.91% | 8.49% | 12.2% | 7.63% | 8.36% | 8.96% | 8.52% | 11.29% | 11.88% |
| Operating Income Growth % | -24.44% | 20.05% | 4.25% | -29.82% | -38.7% | -47.11% | -27.98% | 22.84% | 39.98% | 16.77% | 23.85% | -26.77% | -3.78% | 46.67% | -33.92% | -35.13% | -14.82% | 143.82% | 138.5% | 2046.09% |
| EBITDA | 181.3M | 19.3M | 231.2M | 181.2M | 224.8M | 258.1M | 224.9M | 230.1M | 328.4M | 430.1M | 290.7M | 206M | 255.4M | 379.8M | 247.1M | 253.6M | 267.1M | 287.1M | 340.6M | 353M |
| EBITDA Margin % | 8.95% | 0.77% | 10.08% | 8.36% | 11.33% | 10.88% | 9.97% | 11.09% | 16.82% | 17.27% | 12.3% | 9.33% | 11.84% | 15.26% | 10.83% | 11.89% | 12.58% | 11.82% | 14.6% | 15.26% |
| EBITDA Growth % | -19.35% | -92.52% | 2.8% | -21.25% | -31.55% | -39.99% | -22.63% | 11.7% | 28.58% | 13.24% | 17.64% | -18.77% | -4.38% | 32.29% | -27.45% | -28.16% | -11.26% | 68.39% | 78.7% | 284.95% |
| D&A (Non-Cash Add-back) | 62.6M | -205.8M | 69.4M | 68.7M | 67.7M | 70.6M | 69.7M | 69.8M | 72.1M | 75.6M | 75.2M | 75.5M | 72.3M | 76.2M | 73.1M | 75.4M | 76.8M | 80.1M | 77.3M | 78.3M |
| EBIT | 118.7M | 246.6M | 185.5M | 138.8M | -325.4M | 219M | 191.7M | 179.4M | 210.7M | 362.5M | 233.3M | 145.6M | 202.1M | 299.5M | -211.7M | 178.5M | 211.5M | 223.9M | 377.8M | 279.2M |
| Net Interest Income | -15.8M | -13.8M | -22.5M | -23.8M | -19.2M | -15.5M | -17.8M | -20.9M | -17.7M | -21.8M | -23.6M | -23.6M | -22M | -21.6M | -18.8M | -20.3M | -21.8M | -23.5M | -23.9M | -25.5M |
| Interest Income | 0 | 3.4M | 2.7M | 3.8M | 5M | 7M | 6.9M | 3.7M | 5.6M | 3.8M | 2.1M | 2.3M | 3.3M | 2.1M | 2.3M | 1.5M | 1.2M | 1M | 1.3M | 1M |
| Interest Expense | 15.8M | 17.2M | 25.2M | 27.6M | 24.2M | 22.5M | 24.7M | 24.6M | 23.3M | 25.6M | 25.7M | 25.9M | 25.3M | 23.7M | 21.1M | 21.8M | 23M | 24.5M | 25.2M | 26.5M |
| Other Income/Expense | -10.2M | 4.3M | -1.5M | -1.3M | -506.7M | 9M | 11.8M | -5.5M | -68.9M | -17.6M | -7.9M | -10.8M | -6.3M | -27.8M | -406.8M | -21.5M | -1.8M | -7.6M | 89.3M | -22M |
| Pretax Income | 108.5M | 229.4M | 160.3M | 111.2M | -349.6M | 196.5M | 167M | 154.8M | 187.4M | 336.9M | 207.6M | 119.7M | 176.8M | 275.8M | -232.8M | 156.7M | 188.5M | 199.4M | 352.6M | 252.7M |
| Pretax Margin % | 5.36% | 9.16% | 6.99% | 5.13% | -17.62% | 8.29% | 7.41% | 7.46% | 9.6% | 13.53% | 8.79% | 5.42% | 8.19% | 11.08% | -10.21% | 7.35% | 8.88% | 8.21% | 15.12% | 10.92% |
| Income Tax | 20.5M | 387.7M | 156.1M | -113M | -304.8M | 39.3M | 35.1M | -3.2M | 36M | 65.1M | 46M | 25.5M | 40.8M | 137.1M | -46.1M | 41.4M | 55.4M | -191.4M | 72.9M | 70.9M |
| Effective Tax Rate % | 18.89% | 169.01% | 97.38% | -101.62% | 87.19% | 20% | 21.02% | -2.07% | 19.21% | 19.32% | 22.16% | 21.3% | 23.08% | 49.71% | 19.8% | 26.42% | 29.39% | -95.99% | 20.67% | 28.06% |
| Net Income | 88M | -158.3M | 4.2M | 224.2M | -44.8M | 157.2M | 131.9M | 158M | 151.4M | 271.8M | 161.6M | 94.2M | 136M | 138.7M | -186.7M | 115.3M | 133.1M | 390.8M | 279.7M | 181.9M |
| Net Margin % | 4.35% | -6.32% | 0.18% | 10.35% | -2.26% | 6.63% | 5.85% | 7.62% | 7.76% | 10.92% | 6.84% | 4.27% | 6.3% | 5.57% | -8.19% | 5.41% | 6.27% | 16.08% | 11.99% | 7.86% |
| Net Income Growth % | 296.43% | -200.7% | -96.82% | 41.9% | -129.59% | -42.16% | -18.38% | 67.73% | 11.32% | 95.96% | 186.56% | -18.3% | 2.18% | -64.51% | -166.75% | -36.61% | 33.23% | 777.3% | 300.72% | 453.89% |
| Net Income (Continuing) | 88M | -158.3M | 4.2M | 224.2M | -44.8M | 157.2M | 131.9M | 158M | 151.4M | 271.8M | 161.6M | 94.2M | 136M | 138.7M | -186.7M | 115.3M | 133.1M | 390.8M | 279.7M | 181.8M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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) | 1.90 | -3.30 | 0.09 | 4.62 | -0.88 | 2.78 | 2.34 | 2.80 | 2.59 | 4.55 | 2.66 | 1.50 | 2.14 | 2.18 | -2.88 | 1.72 | 1.94 | 5.53 | 3.89 | 2.51 |
| EPS Growth % | 315.91% | -218.71% | -96.25% | 65% | -133.98% | -38.9% | -12.03% | 86.67% | 21.03% | 108.72% | 192.36% | -12.79% | 10.31% | -60.58% | -174.04% | -31.47% | 40.58% | 782.72% | 296.94% | 448.61% |
| EPS (Basic) | 1.92 | -3.34 | 0.09 | 4.66 | -0.88 | 2.87 | 2.36 | 2.83 | 2.63 | 4.61 | 2.68 | 1.52 | 2.17 | 2.20 | -2.88 | 1.73 | 1.96 | 5.61 | 3.94 | 2.55 |
| Diluted Shares Outstanding | 46.4M | 47.9M | 47.9M | 48.5M | 51.1M | 55.5M | 56.3M | 56.5M | 58.4M | 59.7M | 60.8M | 62.7M | 63.5M | 63.7M | 64.8M | 67M | 68.7M | 70.6M | 72M | 72.5M |
| Basic Shares Outstanding | 45.9M | 47.3M | 47.3M | 48.1M | 51.1M | 54.8M | 55.8M | 55.9M | 57.5M | 58.9M | 60.3M | 62.1M | 62.7M | 63.1M | 64.8M | 66.6M | 68M | 69.6M | 70.9M | 71.4M |
| Dividend Payout Ratio | 2.05% | - | 42.86% | 0.89% | - | 1.4% | 1.59% | 1.33% | 1.45% | 0.85% | 1.42% | 2.55% | 1.76% | 1.73% | - | 2.25% | 1.95% | 0.69% | - | - |