How YETI Holdings makes money

Period

FY2025

How does YETI Holdings 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.

YETI Holdings Inc. · FY2025 · year ended 2026-01-03

Revenue$1.9BGross profit$1.1B · 57%Cost of revenue$796M · 43%Operating income$220M · 12%Operating expenses$859M · 46%R&D$25M · 1%Selling & marketing$145M · 8%Other opex$689M · 37%Net income$165M · 9%Income tax$55M · 3%Drinkware$1.1B · 58%Coolers & Equipment$749M · 40%Product & Service Other$34M · 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.