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Operating Income for Kenvue (KVUE)

According to Kenvue's latest reported financial statements, the company's current operating income (TTM) is $2.70B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

Kenvue Inc. logo
Kenvue

KVUE

TTM (last 4 quarters)

$2.70B

YoY change

+46.9%

5Y CAGR

N/A

Peak year (2021)

$2.92B

Cumulative operating income

$13.52B

Operating Income history chart for Kenvue (KVUE) from 2019 to 2025

Operating Income history table for Kenvue (KVUE) from 2019 to 2025

Fiscal yearPeriod endedReportedOperating IncomeYoY
2025$2.70B+46.9%
2024$1.84B-26.7%
2023$2.51B-6.1%
2022$2.67B-8.4%
2021$2.92B-398.3%
2020-$979.00M-153.0%
2019$1.85B

Operating Income values are taken from Kenvue's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

2025's annual operating income for Kenvue (KVUE) came in at $2.70B – surged 46.9% year-over-year.

Between 2021 and 2025, Kenvue operating income declined 7.4%, falling from $2.92B to $2.70B.

The dataset's maximum operating income sits at $2.92B (2021); the minimum reading of -$979.00M dates to 2020.

Kenvue (KVUE) sits 8th of 8 Consumer Defensive peers we track on this metric, against a peer median of $14.35B.

Kenvue Operating Income by Year

Kenvue Operating Income 2025: $2.70B

Kenvue operating income in 2025 was $2.70B, surged 46.9% from 2024.

Kenvue Operating Income 2024: $1.84B

Kenvue operating income in 2024 was $1.84B, declined 26.7% below 2023.

Kenvue Operating Income 2023: $2.51B

Kenvue operating income in 2023 was $2.51B, declined 6.1% below 2022.

Kenvue Operating Income 2022: $2.67B

Kenvue operating income in 2022 was $2.67B, declined 8.4% below 2021.

Kenvue Operating Income 2021: $2.92B

Kenvue operating income in 2021 was $2.92B.

See more financial history for Kenvue (KVUE).

Sector peers — Operating Income

Companies in the same sector as Kenvue, ranked by their latest operating income.

CompanyOperating IncomeSector
Walmart Inc. (WMT)$29.82BConsumer Defensive
The Procter & Gamble Company (PG)$20.45BConsumer Defensive
Altria Group, Inc. (MO)$15.06BConsumer Defensive
Philip Morris International Inc. (PM)$14.93BConsumer Defensive
The Coca-Cola Company (KO)$13.76BConsumer Defensive
PepsiCo, Inc. (PEP)$13.49BConsumer Defensive
Costco Wholesale Corporation (COST)$10.38BConsumer Defensive
Monster Beverage Corporation (MNST)$2.42BConsumer Defensive

Frequently asked questions

What is Kenvue's operating income?

Latest reported operating income for Kenvue (KVUE) is $2.70B (period ending December 28, 2025).

How has Kenvue operating income changed year-over-year?

Kenvue (KVUE) operating income changed +46.9% year-over-year on the latest annual filing.

When did Kenvue operating income hit its highest annual value?

Kenvue operating income reached its highest annual value of $2.92B in 2021.

What was Kenvue operating income in 2024?

Kenvue (KVUE) operating income in 2024 was $1.84B.

What was Kenvue operating income in 2025?

Kenvue (KVUE) operating income in 2025 was $2.70B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.