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Levi Strauss & Co. LEVI Operating Income

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Segments

By segment

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Americas$164.1M+7.0%
Europe$88.8M+28.0%
Asia$42.5M+43.6%

By product

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Beyond Yoga-$2.4M+45.5%

Other financials

Income statement

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Revenue$1.6B+8.0%
Gross profit$979.1M+8.1%
Net income$87.3M+30.3%
EPS (diluted)$0.22+29.4%

Balance sheet

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Cash & equivalents$849.3M+29.9%
Total debt$2.3B-0.5%
Total equity$2.3B+15.6%
Total assets$6.6B+1.4%

Cash flow

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Operating cash flow$270.8M+46.0%
CapEx$39.9M+1.0%
Free cash flow$230.9M+58.2%

Valuation

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Market cap$9.43B+18.1%
Enterprise value$10.88B+12.9%
P/E14.8×-4.9×
P/S1.4×+0.1×

Profitability

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Gross margin61.7%0.0pp
Operating margin10.6%+1.8pp
Net margin9.7%+3.1pp
FCF margin5.9%-4.9pp

Returns & leverage

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Return on equity27.2%+16.7pp
Debt / equity-0.1×
Current ratio1.6×+0.1×

Where this comes from

Reported directly by Levi Strauss & Co. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Levi Strauss & Co.’s 10-Q, filed July 8, 2026.

Filed
Jul 8, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000094845-26-000037
Line itemThree Months Ended / May 31,2026Three Months Ended / June 1,2025Six Months Ended / May 31,2026Six Months Ended / June 1,2025
Gross profit979.1905.82,057.41,853.4
Selling, general and administrative expenses843.4791.01,715.11,540.3
Restructuring charges, net13.56.821.413.5
Operating income122.2108.0320.9299.6
Interest expense(12.9)(11.8)(26.0)(22.7)
Other income (expense), net12.96.355.52.2
Income from continuing operations before income taxes122.2102.5350.4279.1
Income tax expense27.422.978.559.3

Item 1. Consolidated Financial Statements (unaudited):

FAQ

What is Levi Strauss & Co.'s operating income?
Levi Strauss & Co. (LEVI) reported operating income of $122.2M in Q2 2026.
How has Levi Strauss & Co.'s operating income changed year-over-year?
Levi Strauss & Co.'s operating income increased by 13.1% year-over-year, from $108M to $122.2M.
What is the long-term trend for Levi Strauss & Co.'s operating income?
Over 4 years (2021 to 2025), Levi Strauss & Co.'s operating income has grown at a -0.3% compound annual growth rate (CAGR), from $686.2M to $677.6M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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