Kenvue revenue and financials
$17.59Change from previous close: +1.15%Absolute change: +$0.20
In the fiscal year ended December 2025, Kenvue reported revenue of $15.12B (−2.14% year over year). Net income was $1.47B, a net margin of 9.7%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −2.14%
- 2025 vs 2024
- Net income growth
- +42.72%
- 2025 vs 2024
- Net margin
- 9.7%
- 2024: 6.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 2,197 | 1,769 | 3,168 | 2,525 | 334 |
| Depreciation and amortization | 458 | 477 | 627 | 644 | 731 |
| Capital expenditure | -475 | -440 | -469 | -375 | -295 |
| Investing cash flow | -436 | -425 | -488 | -390 | -171 |
| Financing cash flow | -1,837 | -1,565 | -2,527 | -1,583 | — |
| Dividends paid | -1,581 | -1,552 | -14,554 | 0.0 | 0.0 |
| Share repurchases | -197 | -235 | -7.0 | 0.0 | — |
| Debt issued | 746 | 157 | 8,260 | 14.0 | — |
| Debt repaid | -896 | — | 0.0 | — | -7.0 |
| Effect of exchange rates | 68.0 | -91.0 | -2.0 | -61.0 | -41.0 |
| Net change in cash | -8.0 | -312 | 151 | 491 | 122 |
| Free cash flow | 1,722 | 1,329 | 2,699 | 2,150 | 39.0 |
| Levered free cash flow | 1,808 | 1,435 | 2,518 | 1,519 | -1,168 |