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Bath & Body Works BBWI Reportable Segment — Operating Income (Loss)

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Other financials

Income statement

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Revenue$1.4B-3.2%
Gross profit$587.0M-9.1%
Operating income$231.0M+10.5%
Net income$183.0M+74.3%
EPS (diluted)$0.90+83.7%

Balance sheet

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Cash & equivalents$820.0M+28.9%
Total debt$4.7B-5.4%
Total equity-$1.1B+21.9%
Total assets$5.0B+1.7%

Cash flow

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Operating cash flow$244.0M+29.8%
CapEx$49.0M+32.4%
Free cash flow$195.0M+29.1%

Valuation

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Market cap$4.06B-34.1%
Enterprise value$7.95B-26.3%
P/E5.6×-2.9×
P/S0.6×-0.3×

Profitability

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Gross margin43.2%-1.4pp
Operating margin15.8%-1.7pp
Net margin10%-1.1pp
FCF margin10.6%+0.7pp

Returns & leverage

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Return on equity-56.3%
Debt / equity262.3×
Current ratio1.4×0.0×

Where this comes from

Reported directly by Bath & Body Works in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Bath & Body Works’s 10-Q, filed May 27, 2026.

Filed
May 27, 2026, 4:22 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0000701985-26-000014
Line itemFirst Quarter / 2026First Quarter / 2025
Buying and Occupancy(269)(269)
Adjusted Selling Expenses(256)(256)
Adjusted Marketing Expenses(51)(49)
Adjusted General and Administrative Expenses(130)(132)
Adjusted Operating Income151209
Interchange Fee Settlements (a)88
Business Transformation Activities (b)(8)
Reported Operating Income$231$209

Item 1. Financial Statements

FAQ

What is Bath & Body Works's reportable segment — operating income (loss)?
Bath & Body Works (BBWI) reported reportable segment — operating income (loss) of $231M in Q1 2026.
How has Bath & Body Works's reportable segment — operating income (loss) changed year-over-year?
Bath & Body Works's reportable segment — operating income (loss) increased by 10.5% year-over-year, from $209M to $231M.
What is the long-term trend for Bath & Body Works's reportable segment — operating income (loss)?
Over 3 years (2022 to 2025), Bath & Body Works's reportable segment — operating income (loss) has grown at a -6.5% compound annual growth rate (CAGR), from $1.38B to $1.13B.
What does reportable segment — operating income (loss) mean?
This represents the total profit or loss generated by the business segment after accounting for all operating expenses, including cost of goods sold and administrative overhead. It serves as the definitive measure of the segment's operational performance before interest and taxes. It is the primary indicator of the segment's ability to convert sales into bottom-line profit.

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