Levi Strauss & Co
LEVI- Exchange
- NYSE
- Industry
- Apparel & Other Finishd Prods of Fabrics & Similar Matl
- SEC CIK
- 0000094845
In the last 90 days, Levi Strauss & Co insiders filed 0 open-market purchases and 2 sales; 319 institutions reported holding it in 13F filings for Q2 2026, worth $2.17B in total; Gardner Russo & Quinn is the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 11:17 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Nov 30, 2025 | Dec 1, 2024 | Nov 26, 2023 | Nov 27, 2022 | Nov 28, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 28, 2026 | Jan 29, 2025 | Jan 25, 2024 | Jan 25, 2023 | Jan 26, 2022 |
| Revenue | $6.28B | $6.36B | $6.18B | $6.17B | $5.76B |
| Cost of revenue | $2.40B | $2.54B | $2.66B | $2.62B | $2.42B |
| Gross profit | $3.88B | $3.82B | $3.52B | $3.55B | $3.35B |
| Operating expenses | – | – | – | – | $407.6M |
| Selling, general and administrative | $3.17B | $3.25B | $3.07B | $2.89B | $2.65B |
| Operating income | $677.6M | $264.1M | $353.3M | $646.5M | $686.2M |
| Interest expense | – | – | $45.9M | $25.7M | $72.9M |
| Income tax | $132.0M | $8.40M | $15.6M | $80.5M | $26.7M |
| Net income | $578.1M | $210.6M | $249.6M | $569.1M | $553.5M |
| EPS, basic | $1.46 | $0.53 | $0.63 | $1.43 | $1.38 |
| EPS, diluted | $1.45 | $0.52 | $0.62 | $1.41 | $1.35 |
| Weighted shares, basic | 395.5M | 398.2M | 397.2M | 397.3M | 401.6M |
| Weighted shares, diluted | 399.7M | 402.4M | 401.7M | 403.8M | 409.8M |
| Margins and growth | |||||
| Gross margin | 61.7% | 60.0% | 56.9% | 57.5% | 58.1% |
| Operating margin | 10.8% | 4.2% | 5.7% | 10.5% | 11.9% |
| Net margin | 9.2% | 3.3% | 4.0% | 9.2% | 9.6% |
| Revenue growth, year over year | −1.2% | +2.9% | +0.2% | +7.0% | +29.5% |
| Net income growth, year over year | +174.5% | −15.6% | −56.1% | +2.8% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Nov 30, 2025 | Dec 1, 2024 | Nov 26, 2023 | Nov 27, 2022 | Nov 28, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 28, 2026 | Jan 29, 2025 | Jan 25, 2024 | Jan 25, 2023 | Jan 26, 2022 |
| Cash and equivalents | $757.9M | $690.0M | $398.8M | $429.6M | $810.3M |
| Short-term investments | $90.9M | – | $0 | $70.6M | $91.5M |
| Accounts receivable | $774.7M | $710.0M | $752.7M | $697.0M | $707.6M |
| Inventory | $1.24B | $1.24B | $1.29B | $1.42B | $898.0M |
| Total current assets | $3.15B | $2.85B | $2.64B | $2.83B | $2.71B |
| Property, plant and equipment | $681.8M | $698.7M | $680.7M | $622.8M | $502.6M |
| Goodwill | $280.6M | $277.6M | $303.7M | $365.7M | $386.9M |
| Intangible assets | $194.4M | $196.6M | $267.6M | $286.7M | $291.3M |
| Total assets | $6.85B | $6.38B | $6.05B | $6.04B | $5.90B |
| Accounts payable | $597.6M | $663.4M | $567.9M | $657.2M | $524.8M |
| Short-term debt | $0 | $5.50M | $12.5M | $11.7M | $5.86M |
| Total current liabilities | $2.03B | $2.01B | $1.79B | $1.98B | $1.87B |
| Long-term debt | $1.04B | $994.0M | $1.01B | $984.5M | $1.02B |
| Total liabilities | $4.57B | $4.41B | $4.01B | $4.13B | $4.23B |
| Shareholders' equity | $2.28B | $1.97B | $2.05B | $1.90B | $1.67B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Nov 30, 2025 | Dec 1, 2024 | Nov 26, 2023 | Nov 27, 2022 | Nov 28, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 28, 2026 | Jan 29, 2025 | Jan 25, 2024 | Jan 25, 2023 | Jan 26, 2022 |
| Operating cash flow | $529.6M | $898.4M | $435.5M | $228.1M | $737.3M |
| Capital expenditures | $221.4M | $227.5M | $315.5M | $267.1M | $166.9M |
| Free cash flow | $308.2M | $670.9M | $120.0M | -$39.0M | $570.3M |
| Depreciation and amortization | $206.3M | $193.2M | $165.3M | $158.9M | $143.2M |
| Stock-based compensation | $81.6M | $62.8M | $74.4M | $60.8M | $60.1M |
| Dividends paid | $212.9M | $198.5M | $190.5M | $174.3M | $104.4M |
| Share buybacks | $30.5M | $90.1M | $8.10M | $175.7M | $85.9M |
| Investing cash flow | -$68.7M | -$281.1M | -$240.7M | -$235.7M | -$571.8M |
| Financing cash flow | -$400.2M | -$319.3M | -$214.1M | -$365.4M | -$840.9M |
| Net change in cash | $67.9M | $291.2M | -$30.9M | -$380.6M | -$687.1M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1.3% | 1.0% | 1.2% | 1.0% | 1.0% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.