How Bath & Body Works makes money

Period

FY2025

How does Bath & Body Works make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Bath & Body Works Inc. · FY2025 · year ended 2026-01-31

Revenue$7.3BGross profit$3.2B · 44%Cost of revenue$4.1B · 56%Operating income$1.1B · 15%Operating expenses$2.1B · 28%SG&A$2.1B · 28%Pre-tax income$882M · 12%Other expense$244M · 3%Net income$649M · 9%Income tax$233M · 3%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.