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How Kohl's (KSS) makes money

Kohl's (KSS) made $3.5B of revenue in the second quarter fiscal 2027 (Q2 FY27), -0.9% from a year earlier. Product brought in $3.3B (94%); Product and Service Other brought in $197M (6%). Of every dollar of revenue, 7¢ was left as operating profit, 4¢ was left as net earnings.

Drawing the Sankey…

Kohl's revenue by segment, Q2 FY27Kohl's revenue by segment, Q2 FY27Product$3.3BProduct and Service Other$197M
Kohl's: revenue by line, Q4 FY25 to Q2 FY27Kohl's: revenue by line, Q4 FY25 to Q2 FY27ProductProduct and Service O…Gift CardProduct: $3.3B latest$3.3BProduct and Service Other: $197M latestGift Card: $0 latestQ4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27Q2 FY27
The mix barely moved between Q4 FY25 and Q2 FY27.
Kohl's revenue by quarterKohl's revenue by quarter$5.4BQ4 FY25$3.2BQ1 FY26$3.5BQ2 FY26$3.6BQ3 FY26$5.2BQ4 FY26$3.2BQ1 FY27$3.5BQ2 FY27
Kohl's: where each dollar of revenue goesKohl's: where each dollar of revenue goesOperating profit7¢Income tax1¢Net earnings4¢Operating cash flow16¢Free cash flow14¢

Revenue by segment, Q2 FY27

SegmentRevenueShareQ/QY/Y
Product$3.3B94.4%+11%-0.9%
Product and Service Other$197M5.6%+17%-1%

Where each dollar of revenue goes

LineQ2 FY27% of revenue
Revenue$3.5B100.0%
Operating profit$261M7.4%
Income tax$47.0M1.3%
Net earnings$151M4.3%
Operating cash flow$552M15.7%
Free cash flow$490M13.9%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 FY27$3.5B-0.9%
Q1 FY27$3.2B-2%
Q4 FY26$5.2B-4%
Q3 FY26$3.6B-4%
Q2 FY26$3.5B-5%
Q1 FY26$3.2B-4%
Q4 FY25$5.4B-9%

From Kohl's 10-Q filed Sep 3, 2026 (on EDGAR).

Questions

How does Kohl's make money?

Kohl's (KSS) made $3.5B of revenue in the second quarter fiscal 2027 (Q2 FY27), -0.9% from a year earlier. Product brought in $3.3B (94%); Product and Service Other brought in $197M (6%). Of every dollar of revenue, 7¢ was left as operating profit, 4¢ was left as net earnings.

What is Kohl's biggest business?

Product: $3.3B in the second quarter fiscal 2027, 94% of revenue, -0.9% from a year earlier.

What is Kohl's profit margin?

Net earnings were $151M, 4.3% of revenue, in the second quarter fiscal 2027; the operating margin was 7.4%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.