KOHL’S CORP
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $15.53B | $16.22B | $17.48B | $18.10B | $19.43B | $15.96B | $19.97B | $20.23B |
| Cost of Revenue | $9.23B | $9.66B | $10.50B | $11.46B | $11.44B | $10.36B | $12.14B | $12.20B |
| Gross Profit | $6.30B | $6.56B | $6.98B | $6.64B | $8.00B | $5.60B | $7.83B | $8.03B |
| Gross Margin | 40.6% | 40.4% | 39.9% | 36.7% | 41.1% | 35.1% | 39.2% | 39.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $5.09B | $5.31B | $5.51B | $5.59B | $5.48B | $5.02B | $5.71B | $5.60B |
| Operating Income | $624.0M | $433.0M | $717.0M | $246.0M | $1.68B | $-262.0M | $1.10B | $1.36B |
| Operating Margin | 4.0% | 2.7% | 4.1% | 1.4% | 8.6% | -1.6% | 5.5% | 6.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $336.0M | $114.0M | $373.0M | $-58.0M | $1.22B | $-546.0M | $901.0M | $1.04B |
| Income Tax Expense | $64.0M | $5.0M | $56.0M | $-39.0M | $281.0M | $-383.0M | $210.0M | $241.0M |
| Net Income | $272.0M | $109.0M | $317.0M | $-19.0M | $938.0M | $-163.0M | $691.0M | $801.0M |
| Net Margin | 1.8% | 0.7% | 1.8% | -0.1% | 4.8% | -1.0% | 3.5% | 4.0% |
| EPS (Basic) | $2.43 | $0.98 | $2.88 | $-0.15 | $6.41 | $-1.06 | $4.39 | $4.88 |
| EPS (Diluted) | $2.38 | $0.98 | $2.85 | $-0.15 | $6.32 | $-1.06 | $4.37 | $4.84 |
| Shares Outstanding (Basic) | 112.0M | 111.0M | 110.0M | 120.0M | 146.0M | 154.0M | 157.0M | 164.0M |
| Shares Outstanding (Diluted) | 114.0M | 112.0M | 111.0M | 120.0M | 148.0M | 154.0M | 158.0M | 165.0M |
| Dividends Per Share | $0.50 | $2.00 | $2.00 | $2.00 | $1.00 | $0.70 | $2.68 | $2.44 |