Macy's, Inc.

Macy's, Inc.MEarnings & Financial Report

NYSE · Consumer Discretionary · Retail-Department Stores

Macy's, Inc. is an American holding company of department stores. Upon its establishment in 1929, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's. Bloomingdale's joined Federated Department Stores the next year. Throughout its early history, frequent acquisitions and divestitures saw the company operate a number of nameplates. In 1994, Federated took over Macy's, the old department store chain originally founded in 1858 by A...

M Q3 FY2026 Key Financial Metrics

Revenue

$4.7B

Gross Profit

$1.9B

Operating Profit

$42.0M

Net Profit

$11.0M

Gross Margin

39.4%

Operating Margin

0.9%

Net Margin

0.2%

YoY Growth

-0.6%

EPS

$0.04

Macy's, Inc. Q3 FY2026 Financial Summary

Macy's, Inc. reported revenue of $4.7B (down 0.6% YoY) for Q3 FY2026, with a net profit of $11.0M (down 60.7% YoY) (0.2% margin). Cost of goods sold was $2.9B, operating expenses totaled $1.8B.

Key Financial Metrics

Total Revenue$4.7B
Net Profit$11.0M
Gross Margin39.4%
Operating Margin0.9%
Report PeriodQ3 FY2026

Revenue Breakdown

Macy's, Inc. Q3 FY2026 revenue of $4.7B breaks down across 6 segments, led by Womens Accessories Shoes Cosmetics And Fragrances at $1.9B (41.3% of total).

SegmentRevenue% of Total
Womens Accessories Shoes Cosmetics And Fragrances$1.9B41.3%
Womens Apparel$1.1B23.4%
Mens And Kids$1.0B21.7%
Home Other$638.0M13.5%
Credit Card Revenues Net$158.0M3.4%
Macys Media Network Revenue Net$42.0M0.9%

Macy's, Inc. Revenue by Segment — Quarterly Trend

Macy's, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Womens Accessories Shoes Cosmetics And Fragrances and Womens Apparel) has evolved quarter over quarter.

SegmentQ3 FY2026Q2 FY2026Q1 FY2026Q4 FY2025
Womens Accessories Shoes Cosmetics And Fragrances$1.9B$2.0B$3.3B
Womens Apparel$1.1B$1.1B$1.5B
Mens And Kids$1.0B$1.0B$1.7B
Home Other$638.0M$736.0M$3.2B$1.3B
Credit Card Revenues Net$158.0M$153.0M$669.0M$175.0M

Macy's, Inc. Annual Revenue by Year

Macy's, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $22.3B).

YearAnnual Revenue
2025$22.3Bvs 2024
2024$23.1Bvs 2023
2023$24.4Bvs 2022
2022$24.5B

Macy's, Inc. Quarterly Revenue & Net Profit History

Macy's, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q3 FY2026$4.7B-0.6%$11.0M0.2%
Q2 FY2026$4.8B-2.5%$87.0M1.8%
Q1 FY2026$4.6B-5.1%$38.0M0.8%
Q4 FY2025$7.8B-4.3%$342.0M4.4%
Q3 FY2025$4.7B-2.4%$28.0M0.6%
Q2 FY2025$4.9B-3.8%$150.0M3.0%
Q1 FY2025$4.8B-2.7%$62.0M1.3%
Q4 FY2024$8.1B-1.7%$-71.0M-0.9%

Income Statement

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$8.12B$4.85B$4.94B$4.74B$7.77B$4.60B$4.81B$4.71B
YoY Growth-1.7%-2.7%-3.8%-2.4%-4.3%-5.1%-2.5%-0.6%

Balance Sheet

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Assets$16.25B$16.45B$15.83B$17.29B$16.40B$16.09B$15.55B$17.06B
Liabilities$12.11B$12.26B$11.53B$13.15B$11.85BN/AN/AN/A
Equity$4.14B$4.19B$4.30B$4.15B$4.55B$4.45B$4.45B$4.33B

Cash Flow

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Operating CF$1.15B$129.0M$8.0M$-167.0M$1.31B$-64.0M$319.0M$-8.0M