How Levi Strauss makes money

Period

FY2025

How does Levi Strauss 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.

Levi Strauss & Co · FY2025 · year ended 2025-11-30

Revenue$6.3BGross profit$3.9B · 62%Cost of revenue$2.4B · 38%Operating income$678M · 11%Operating expenses$3.2B · 51%SG&A$3.2B · 51%Other opex$27M · 0%Pre-tax income$710M · 11%Other income$33M · 1%Net income$578M · 9%Income tax$132M · 2%

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.