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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 688 | 489 | 854 | 294 | 621 | 428 | 793 | 249 | 440 | 287 | 950 | 674 |
| Depreciation and amortization | 145 | 143 | 39.0 | 141 | 142 | 136 | 5.0 | 182 | 141 | 149 | 174 | 153 |
| Capital expenditure | -64.0 | -139 | -110 | -98.0 | -88.0 | -179 | -138 | -59.0 | -90.0 | -153 | -223 | -114 |
| Investing cash flow | -78.0 | -167 | -75.0 | -104 | -90.0 | -167 | -132 | -56.0 | -85.0 | -152 | -265 | -105 |
| Financing cash flow | -587 | -295 | -869 | -110 | -548 | -310 | -587 | -162 | -490 | -326 | -383 | -726 |
| Dividends paid | -398 | -398 | -398 | -398 | -393 | -392 | -393 | -393 | -383 | -383 | -383 | -383 |
| Share repurchases | — | — | — | -70.0 | -64.0 | -63.0 | -121 | -23.0 | — | -91.0 | -7.0 | — |
| Debt issued | 560 | 870 | -324 | 324 | -122 | 868 | -101 | 208 | -110 | 160 | 77.0 | -245 |
| Debt repaid | -750 | -750 | -146 | 25.0 | -25.0 | -750 | — | — | — | — | — | — |
| Effect of exchange rates | 12.0 | -14.0 | 13.0 | -11.0 | 30.0 | 36.0 | -61.0 | 12.0 | -6.0 | -36.0 | 18.0 | -12.0 |
| Net change in cash | 35.0 | 13.0 | -77.0 | 69.0 | 13.0 | -13.0 | 13.0 | 43.0 | -141 | -227 | 320 | -169 |
| Free cash flow | 624 | 350 | 744 | 196 | 533 | 249 | 655 | 190 | 350 | 134 | 727 | 560 |
| Levered free cash flow | 615 | 226 | 913 | 154 | 565 | 176 | 674 | 317 | 442 | 2.4 | 540 | 673 |