Bath & Body Works, Inc. financials

Key figures from Bath & Body Works, Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricAug 2026Aug 2025Change
Revenue$1.5B$1.5B-2.3%
Net income$118M$64M+84.4%
Free cash flow$23M-$99M+123.2%
Gross margin45.7%41.3%+4.4 pts
Operating margin14.3%10.1%+4.1 pts
Net margin7.8%4.1%+3.7 pts

Quarterly trend

Revenue by quarter
$1.6BOct 2023$2.9BFeb 2024*$1.4BMay 2024$1.5BAug 2024$1.6BNov 2024$2.8BFeb 2025*$1.4BMay 2025$1.5BAug 2025$1.6BNov 2025$2.7BJan 2026*$1.4BMay 2026$1.5BAug 2026
Net income by quarter
$119MOct 2023$579MFeb 2024*$87MMay 2024$152MAug 2024$106MNov 2024$453MFeb 2025*$105MMay 2025$64MAug 2025$77MNov 2025$403MJan 2026*$183MMay 2026$118MAug 2026
Free cash flow by quarter
-$121MOct 2023$878MFeb 2024*$30MMay 2024-$101MAug 2024-$164MNov 2024$895MFeb 2025*$151MMay 2025-$99MAug 2025-$1MNov 2025$814MJan 2026*$195MMay 2026$23MAug 2026
Margins by quarter
0%27%53%Oct 2023Feb 2024*May 2024Aug 2024Nov 2024Feb 2025*May 2025Aug 2025Nov 2025Jan 2026*May 2026Aug 202643.7%45.9%43.8%41.0%43.5%46.7%45.4%41.3%41.3%45.7%42.6%45.7%14.1%23.9%13.5%12.0%13.5%24.3%14.7%10.1%10.1%22.0%16.8%14.3%7.6%19.9%6.3%10.0%6.6%16.3%7.4%4.1%4.8%14.8%13.3%7.8%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Jan 2026$7.3B$649M8.9%$865M$3.11
FY Feb 2025$7.3B$798M10.9%$660M$3.61
FY Feb 2024$7.4B$878M11.8%$656M$3.84
FY Jan 2023$7.6B$800M10.6%$816M$3.43
FY Jan 2022$7.9B$1.3B16.9%$1.2B$4.88

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.