Filing Flows › Kenvue (KVUE) › Q4 2025
Kenvue (KVUE) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 20, 2026
Kenvue (KVUE) reported revenue of $3.8B for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and +0.4% from the quarter before. Operating margin was 14.2%, net earnings $330M (8.7% of revenue).
Kenvue, Q4 2025: revenue $3.8B (+3% year over year), operating margin 14.2%, net earnings $330M, operating cash flow $854M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.8B | +0.4% | +3% |
| Gross profit | $2.1B | -4% | +3% |
| Operating profit | $535M | -15% | +11% |
| Net earnings | $330M | -17% | +13% |
| Operating cash flow | $854M | +190% | +8% |
| Free cash flow | $744M | +280% | +13% |
What changed
Revenue was $3.8B in Q4 2025, up 3% year over year and roughly flat from the previous quarter. Self Care was the largest line at 42% of revenue.
Gross margin was 56.5%, unchanged from a year earlier. Operating profit was $0.54B, a 14.2% margin (up 1.0 points year over year). Of the extra revenue versus a year earlier, 44% reached operating profit, above the 13% margin then. Operating expenses grew 1% against revenue growth of 3%. Net earnings were $0.33B, up 13% year over year. The effective tax rate was 22.7%.
Operating cash flow was $0.85B (up 8% year over year), 259% of net earnings. Non-cash charges added back $0.14B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.36B. Capital expenditures of $0.11B left free cash flow of $0.74B.
Questions
What was Kenvue's revenue in the fourth quarter 2025?
Kenvue (KVUE) reported revenue of $3.8B for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and +0.4% from the quarter before.
Was Kenvue profitable in the fourth quarter 2025?
Operating profit was $535M (14.2% of revenue) and net earnings $330M.
Source: Kenvue 10-K on SEC EDGAR.