Filing Flows › Levi Strauss (LEVI) › Q4 FY25
Levi Strauss (LEVI) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Jan 28, 2026
Levi Strauss (LEVI) reported revenue of $1.8B for the fourth quarter fiscal 2025 (Q4 FY25), +0.9% from a year earlier and +14% from the quarter before. Operating margin was 11.9%, net earnings $158M (8.9% of revenue).
Levi Strauss, Q4 FY25: revenue $1.8B (+0.9% year over year), operating margin 11.9%, net earnings $158M, operating cash flow $267M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +14% | +0.9% |
| Gross profit | $1.1B | +13% | -0.8% |
| Operating profit | $211M | +26% | +1% |
| Net earnings | $158M | -28% | -13% |
| Operating cash flow | $267M | +976% | -10% |
| Free cash flow | $216M | — | -7% |
What changed
Revenue was $1.8B in Q4 FY25, up 1% year over year and up 14% from the previous quarter.
Gross margin was 60.8%, down 1.0 points from Q4 FY24. Operating profit was $0.21B, a 11.9% margin (unchanged year over year). Of the extra revenue versus Q4 FY24, 13% reached operating profit, above the 12% margin then. Operating expenses fell 1% while revenue rose 1%. Net earnings were $0.16B, down 13% year over year. The effective tax rate was 19.6%.
Operating cash flow was $0.27B (down 10% year over year), 169% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.04B. After purchases of property, plant and equipment ($0.05B), adjusted free cash flow as the company reports it was $0.22B.
Questions
What was Levi Strauss' revenue in the fourth quarter fiscal 2025?
Levi Strauss (LEVI) reported revenue of $1.8B for the fourth quarter fiscal 2025 (Q4 FY25), +0.9% from a year earlier and +14% from the quarter before.
Was Levi Strauss profitable in the fourth quarter fiscal 2025?
Operating profit was $211M (11.9% of revenue) and net earnings $158M.
Source: Levi Strauss 10-K on SEC EDGAR.