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Kontoor Brands, Inc. KTB Products & Services — Net revenues

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Other financials

Income statement

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Revenue$613.3M+45.0%
Gross profit$329.4M+70.9%
Operating income$90.1M+187%
Net income$92.4M+116%
EPS (diluted)$1.65+117%

Balance sheet

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Cash & equivalents$87.1M-75.6%
Total debt$1.3B+68.6%
Total equity$618.9M+45.0%
Total assets$2.7B+58.1%

Cash flow

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Operating cash flow$46.3M-40.4%
CapEx$6.0M+157%
Free cash flow$40.3M-46.5%

Valuation

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Market cap$4.36B+38.2%
Enterprise value$5.54B+21.2%
P/E15.7×+3.2×
P/S1.4×+0.1×

Profitability

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Gross margin46.4%+1.8pp
Operating margin11.3%-0.8pp
Net margin8.8%-0.7pp
FCF margin12.7%-2.8pp

Returns & leverage

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Return on equity53%-3.3pp
Debt / equity2.1×+0.3×
Current ratio1.9×-0.9×

Where this comes from

Reported directly by Kontoor Brands, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Kontoor Brands, Inc.’s 10-K, filed March 4, 2026.

Filed
Mar 4, 2026, 6:05 AM EST
Fiscal year
FY2025
Accession
0001760965-26-000014

The Company has licensing agreements for the use of its intellectual property, most of which include minimum guarantees for sales-based royalties. Royalty income is recognized as earned over the respective license term based on the greater of minimum guarantees or the licensees' sales of licensed products at rates specified in the licensing contracts. Royalty income related to the minimum guarantees is recognized using a measure of progress with variable amounts recognized only when the cumulative earned royalty exceeds the minimum guarantees and collection is probable. As of December 2025, the Company has contractual rights under its licensing agreements to receive $87.2 million of fixed consideration related to the future minimum guarantees through December 2030. The variable consideration is not disclosed as a remaining performance obligation because the licensing arrangements qualify for the sales-based royalty exemption. Royalty income included within "net revenues" in the Company's statements of operations was $57.7 million, $45.8 million and $37.1 million in 2025, 2024 and 2023, respectively.

ITEM 16. FORM 10-K SUMMARY.

FAQ

What is Kontoor Brands, Inc.'s products & services — net revenues?
Kontoor Brands, Inc. (KTB) reported products & services — net revenues of $14.43M in Q4 2025.
How has Kontoor Brands, Inc.'s products & services — net revenues changed year-over-year?
Kontoor Brands, Inc.'s products & services — net revenues increased by 26.0% year-over-year, from $11.45M to $14.43M.
What is the long-term trend for Kontoor Brands, Inc.'s products & services — net revenues?
Over 4 years (2021 to 2025), Kontoor Brands, Inc.'s products & services — net revenues has grown at a 21.4% compound annual growth rate (CAGR), from $26.6M to $57.7M.
What does products & services — net revenues mean?
This metric represents the total revenue generated from licensing the company's intellectual property, trademarks, and brand names to third-party partners. It reflects the income earned through royalty agreements rather than direct product sales, serving as a high-margin indicator of brand equity and market reach. Growth in this area demonstrates the company's ability to monetize its brand portfolio through strategic partnerships and global licensing arrangements.

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