Filing Flows › Kenvue (KVUE) › How it makes money
How Kenvue (KVUE) makes money
Kenvue (KVUE) made $3.9B of revenue in the third quarter 2026 (Q3 2026), +3% from a year earlier. Self Care brought in $1.7B (43%); Essential Health brought in $1.2B (31%); Skin Health and Beauty brought in $1.0B (27%). Of every dollar of revenue, 60¢ was left as gross profit, 18¢ was left as operating profit, 11¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Self Care | $1.7B | 42.6% | +4% | +6% |
| Essential Health | $1.2B | 30.6% | -5% | +2% |
| Skin Health and Beauty | $1.0B | 26.7% | -7% | +0.1% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $3.9B | 100.0% |
| Cost of revenue | $1.6B | 40.5% |
| Gross profit | $2.3B | 59.5% |
| Operating expenses | $1.6B | 41.4% |
| Operating profit | $706M | 18.2% |
| Income tax | $179M | 4.6% |
| Net earnings | $430M | 11.1% |
| Operating cash flow | $700M | 18.0% |
| Free cash flow | $620M | 16.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $3.9B | +3% |
| Q2 2026 | $4.0B | +3% |
| Q1 2026 | $3.9B | +4% |
| Q4 2025 | $3.8B | +3% |
| Q3 2025 | $3.8B | -4% |
| Q2 2025 | $3.8B | -4% |
| Q1 2025 | $3.7B | -4% |
From Kenvue's 10-Q filed Oct 30, 2026 (on EDGAR).
Questions
How does Kenvue make money?
Kenvue (KVUE) made $3.9B of revenue in the third quarter 2026 (Q3 2026), +3% from a year earlier. Self Care brought in $1.7B (43%); Essential Health brought in $1.2B (31%); Skin Health and Beauty brought in $1.0B (27%). Of every dollar of revenue, 60¢ was left as gross profit, 18¢ was left as operating profit, 11¢ was left as net earnings.
What is Kenvue's biggest business?
Self Care: $1.7B in the third quarter 2026, 43% of revenue, +6% from a year earlier.
What is Kenvue's profit margin?
Net earnings were $430M, 11.1% of revenue, in the third quarter 2026; the operating margin was 18.2%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.