Kenvue Inc. (KVUE) — Financial statements
Income statement, balance sheet, and cash flow for Kenvue Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 15,124↓2.1% | 15,455↑0.1% | 15,444↑3.3% | 14,950↓0.7% | 15,054 | |
| Cost of Revenue | 6,332↓2.5% | 6,496↓4.5% | 6,801↑2.0% | 6,665↑0.5% | 6,635 | |
| Gross Profit | 8,792↓1.9% | 8,959↑3.7% | 8,643↑4.3% | 8,285↓1.6% | 8,419 | |
| Operating Expenses | ||||||
| R&D Expenses | 382 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 4,392 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 1,635 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 6,088↑1.0% | 6,027↓1.9% | 6,141↑9.0% | 5,633↑2.7% | 5,484 | |
| Other Expenses | -382↓135.0% | 1,091↑11010.0% | -10↑56.5% | -23↓253.3% | 15 | |
| Operating Expenses | 6,088↓14.5% | 7,118↑16.1% | 6,131↑9.3% | 5,610↑2.0% | 5,499 | |
| Total Costs & Expenses | 12,420↓8.8% | 13,614↑5.3% | 12,932↑5.4% | 12,275↑1.2% | 12,134 | |
| Operating Results | ||||||
| Operating Income | 2,704↑46.9% | 1,841↓26.7% | 2,512↓6.1% | 2,675↓8.4% | 2,920 | |
| Depreciation & Amortization | 557↓10.5% | 622↓0.8% | 627↓2.6% | 644↓11.9% | 731 | |
| EBITDA | 2,935↑18.9% | 2,468↓22.3% | 3,175↓3.2% | 3,281↓10.3% | 3,656 | |
| EBIT | 2,378↑28.8% | 1,846↓27.6% | 2,548↓3.4% | 2,637↓9.8% | 2,925 | |
| Interest & Other Income | ||||||
| Net Interest Income | -379↓0.3% | -378↓51.2% | -250 | 0.00 | 0.00 | |
| Interest Income | 0.00↓100.0% | 53↓50.9% | 108 | 0.00 | 0.00 | |
| Interest Expense | 379↓12.1% | 431↑20.4% | 358 | 0.00 | 0.00 | |
| Non-Operating Income | 326↑6620.0% | -5↑86.1% | -36↓194.7% | 38↑860.0% | -5 | |
| Other Income / Expenses | -705↓65.5% | -426↓32.3% | -322↓747.4% | -38↓860.0% | 5 | |
| Income Before Tax | 1,999↑41.3% | 1,415↓35.4% | 2,190↓17.0% | 2,637↓9.8% | 2,925 | |
| Income Tax Expense | 529↑37.4% | 385↓26.8% | 526↓8.2% | 573↓32.3% | 847 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,470↑42.7% | 1,030↓38.1% | 1,664↓19.4% | 2,064↓0.7% | 2,078 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,470↑42.7% | 1,030↓38.1% | 1,664↓19.4% | 2,064↓0.7% | 2,078 | |
| Bottom-Line Net Income | 1,470↑42.7% | 1,030↓38.1% | 1,664↓19.4% | 2,064↓0.7% | 2,078 | |
| EPS (Basic) | 0.77↑42.6% | 0.54↓40.0% | 0.90↓16.7% | 1.08↓1.8% | 1.10 | |
| EPS (Diluted) | 0.76↑40.7% | 0.54↓37.9% | 0.87↓19.4% | 1.08↓1.8% | 1.10 | |
| Weighted Average Shares | 1,917↑0.1% | 1,915↑3.6% | 1,849↓3.4% | 1,915↑1.4% | 1,889 | |
| Weighted Average Diluted Shares | 1,924↑0.1% | 1,923↑0.4% | 1,915↑0.0% | 1,915↑1.4% | 1,889 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.