Bath & Body Works, Inc. (BBWI) Income Statement
BBWI FY2026 at a glance
Fiscal year ended January 31, 2026 · U.S. dollarsBBWI revenue and net income
Where BBWI's revenue goes
FY2026Each bar shows an amount and its share of revenue. BBWI kept 8.9% of revenue as net income.
BBWI profit margins
BBWI growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −0.2% | −1.2% | +2.5% | −5.0% |
| Gross profit | −1.4% | −0.7% | +0.6% | −4.8% |
| Operating income | −11.1% | −6.5% | −6.8% | −6.4% |
| Net income | −18.7% | −6.7% | −5.1% | −6.4% |
| EPS (diluted) | −2.1% | −1.6% | −1.0% | −2.0% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BBWI quarterly EPS vs estimates
Bath & Body Works beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 19, 2026 (estimate $0.11).
BBWI income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.29B | $7.31B | $7.43B | $7.56B | $7.88B | $6.43B | $5.41B | $13.24B | $12.63B | $12.57B |
| Cost of revenue | $4.10B | $4.07B | $4.19B | $4.30B | $4.03B | $3.34B | $3.02B | $8.34B | $7.67B | $7.45B |
| Gross profit | $3.19B | $3.23B | $3.24B | $3.25B | $3.85B | $3.10B | $2.39B | $4.90B | $4.96B | $5.12B |
| Sales, general & admin | $2.06B | $1.97B | $1.95B | $1.88B | $1.85B | $1.49B | $1.35B | $3.56B | $3.23B | $3.12B |
| Total operating expenses | $2.06B | $1.97B | $1.95B | $1.88B | $1.85B | $1.49B | $1.35B | $3.66B | $3.23B | $3.12B |
| Operating income | $1.13B | $1.27B | $1.28B | $1.38B | $2.01B | $1.60B | $1.04B | $1.24B | $1.73B | $2.00B |
| Interest income | $276.0M | $312.0M | $345.0M | $348.0M | $388.0M | $432.0M | — | — | — | — |
| Interest expense | $276.0M | $312.0M | $345.0M | $348.0M | $388.0M | $432.0M | $370.0M | $385.0M | $406.0M | $394.0M |
| Income before taxes | $882.0M | $1.03B | $1.02B | $1.04B | $1.42B | $1.12B | $608.0M | $857.0M | $1.31B | $1.70B |
| Income taxes | $233.0M | $230.0M | $143.0M | $251.0M | $348.0M | $257.0M | $148.0M | $213.0M | $329.0M | $538.0M |
| Net income | $649.0M | $798.0M | $878.0M | $800.0M | $1.33B | $844.0M | −$366.0M | $644.0M | $983.0M | $1.16B |
| EBITDA | $1.41B | $1.62B | $1.64B | $1.61B | $2.17B | $2.08B | $1.57B | $1.83B | $2.29B | $2.61B |
| EPS (diluted) | $3.26 | $3.33 | $3.27 | $3.42 | $5.81 | $3.42 | $2.28 | $2.83 | $3.22 | $3.74 |
| Gross margin | 43.7% | 44.3% | 43.6% | 43.1% | 48.9% | 48.1% | 44.2% | 37.0% | 39.3% | 40.8% |
| Operating margin | 15.4% | 17.3% | 17.3% | 18.2% | 25.5% | 24.9% | 19.2% | 9.3% | 13.7% | 15.9% |
| Net margin | 8.9% | 10.9% | 11.8% | 10.6% | 16.9% | 13.1% | −6.8% | 4.9% | 7.8% | 9.2% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.51B | $1.38B | $2.72B | $1.59B | $1.55B | $1.42B | $2.79B | $1.61B | $1.53B | $1.38B | $2.91B | $1.56B |
| Cost of revenue | $822.0M | $791.0M | $1.48B | $936.0M | $909.0M | $778.0M | $1.49B | $910.0M | $900.0M | $778.0M | $1.58B | $880.0M |
| Gross profit | $692.0M | $587.0M | $1.24B | $658.0M | $640.0M | $646.0M | $1.30B | $700.0M | $626.0M | $606.0M | $1.34B | $682.0M |
| Sales, general & admin | $476.0M | $356.0M | $1.66B | $497.0M | $483.0M | $437.0M | $623.0M | $482.0M | $443.0M | $419.0M | $641.0M | $461.0M |
| Total operating expenses | $476.0M | $356.0M | $645.0M | $497.0M | $483.0M | $437.0M | $623.0M | $482.0M | $443.0M | $419.0M | $641.0M | $461.0M |
| Operating income | $216.0M | $231.0M | $599.0M | $161.0M | $157.0M | $209.0M | $678.0M | $218.0M | $183.0M | $187.0M | $695.0M | $221.0M |
| Interest income | — | — | $68.0M | $68.0M | $68.0M | $71.0M | $76.0M | $77.0M | — | — | — | — |
| Interest expense | $63.0M | $69.0M | $69.0M | $68.0M | $68.0M | $71.0M | $76.0M | $77.0M | $77.0M | $82.0M | $86.0M | $84.0M |
| Income before taxes | $164.0M | $166.0M | $538.0M | $103.0M | $95.0M | $146.0M | $611.0M | $145.0M | $153.0M | $118.0M | $622.0M | $159.0M |
| Income taxes | $46.0M | −$17.0M | $135.0M | $26.0M | $31.0M | $41.0M | $158.0M | $39.0M | $1.0M | $31.0M | $43.0M | $40.0M |
| Net income | $118.0M | $183.0M | $403.0M | $77.0M | $64.0M | $105.0M | $453.0M | $106.0M | $152.0M | $87.0M | $579.0M | $119.0M |
| EBITDA | $275.0M | $296.0M | $669.0M | $234.0M | $227.0M | $281.0M | $759.0M | $291.0M | $301.0M | $271.0M | $779.0M | $313.0M |
| EPS (diluted) | $0.62 | $0.32 | $2.05 | $0.35 | $0.37 | $0.49 | $2.09 | $0.49 | $0.37 | $0.38 | $2.06 | $0.48 |
| Gross margin | 45.7% | 42.6% | 45.7% | 41.3% | 41.3% | 45.4% | 46.7% | 43.5% | 41.0% | 43.8% | 45.9% | 43.7% |
| Operating margin | 14.3% | 16.8% | 22.0% | 10.1% | 10.1% | 14.7% | 24.3% | 13.5% | 12.0% | 13.5% | 23.9% | 14.1% |
| Net margin | 7.8% | 13.3% | 14.8% | 4.8% | 4.1% | 7.4% | 16.3% | 6.6% | 10.0% | 6.3% | 19.9% | 7.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BBWI's financial statements (latest annual report filed March 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BBWI financial results
In fiscal year 2026 (ended January 31, 2026), Bath & Body Works reported revenue of $7.3 billion, down 0.2% from the year before. It had net income of $649.0 million (down 18.7%), a net profit margin of 8.9%. Diluted earnings per share came to $3.26. Over five years revenue grew at an average rate of 2.5% a year.
See the BBWI stock overview for the latest quote and news, or the BBWI chart for price history and technical indicators.
BBWI income statement FAQ
What is Bath & Body Works's annual revenue?
Bath & Body Works reported total revenue of $7.3 billion for fiscal year 2026, which ended on January 31, 2026. That was down 0.2% from $7.3 billion the previous year.
Is Bath & Body Works profitable?
Yes. Bath & Body Works reported net income of $649.0 million in fiscal 2026, a net profit margin of 8.9%; its operating margin was 15.4%.
What is Bath & Body Works's gross margin?
Bath & Body Works's gross margin was 43.7% in fiscal 2026: for every $100 of revenue, Bath & Body Works kept $44 after the direct cost of its products and services.
How fast is Bath & Body Works growing?
Revenue grew 2.5% a year on average over the last five fiscal years, from $6.4 billion to $7.3 billion.
What are Bath & Body Works's earnings per share?
Bath & Body Works earned $3.26 per diluted share in fiscal 2026, compared with $3.33 a year earlier.
When will Bath & Body Works report its next earnings?
Bath & Body Works is expected to report results for the quarter ending October 31, 2026 on November 19, 2026 before the market opens.
When does Bath & Body Works's fiscal year end?
Bath & Body Works's fiscal year ends in January. The latest annual report covers the year ended January 31, 2026 and was filed on March 12, 2026.