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Bath & Body Works, Inc. Financial Statements

Latest data: Jan 31, 2026

Bath & Body Works, Inc. (BBWI) reported revenue of $7.29B in FY2025 with net income of $649.00M. Total assets stood at $5.07B and free cash flow was $865.00M.

Bath & Body Works, Inc. Income Statement

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FY2024 – FY2025
Item Chart FY2024 FY2025
Revenue $7.31B $7.29B
Cost of Revenue -$4.07B -$4.10B
Gross Profit $3.23B $3.19B
Operating Expenses -$1.97B -$2.06B
Operating Income $1.27B $1.13B
Profit Before Tax $1.03B $882.00M
Income Tax $230.00M $233.00M
Net Income $798.00M $649.00M
Diluted Shares 221.00M 211.61M
Diluted EPS $3.61 $3.07

Values in millions (M) and billions (B). All amounts in USD ($).

Understanding the Income Statement

The income statement shows Bath & Body Works, Inc.'s revenue and expenses over a period. Revenue (the top line) minus costs gives gross profit; after operating expenses, interest, and taxes, the remainder is net income (the bottom line). Diluted EPS divides net income by all shares that could exist if options and convertibles were exercised.

Bath & Body Works, Inc. Balance Sheet

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FY2024 – FY2025
Item Chart FY2024 FY2025
Total Current Assets $1.82B $2.02B
Total Non-Current Assets $3.05B $3.05B
Total Assets $4.87B $5.07B
Total Current Liabilities $1.23B $1.59B
Total Non-Current Liabilities $5.02B $4.76B
Total Liabilities $6.26B $6.35B
Total Equity -$1.39B -$1.28B
Total Liabilities & Equity $4.87B $5.07B

Values in millions (M) and billions (B). All amounts in USD ($).

Understanding the Balance Sheet

The balance sheet captures Bath & Body Works, Inc.'s financial position at a point in time — what it owns (assets), what it owes (liabilities), and the residual value to shareholders (equity). Total assets always equals total liabilities plus equity.

Bath & Body Works, Inc. Cash Flow Statement

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FY2024 – FY2025
Item Chart FY2024 FY2025
Net Income $798.00M $649.00M
Cash from Operations $886.00M $1.10B
Capital Expenditure -$226.00M -$237.00M
Cash from Investing -$162.00M -$227.00M
Debt Repayment -$539.00M -$14.00M
Stock Buyback -$401.00M -$401.00M
Dividend Paid -$177.00M -$167.00M
Cash from Financing -$1.13B -$599.00M
Free Cash Flow $660.00M $865.00M

Values in millions (M) and billions (B). All amounts in USD ($).

Understanding Cash Flow

The cash flow statement tracks how Bath & Body Works, Inc.'s cash moves through three activities: operations (day-to-day business), investing (acquisitions, equipment), and financing (debt, buybacks, dividends). Free cash flow — operating cash minus capital expenditure — shows what's available to return to shareholders.

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