NYSE$KVUE

Kenvue Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Kenvue reported Q2 2025 net sales of $3.84B with net income of $420M and diluted EPS of $0.22.

Net sales declined 4% to $3.84 billion as organic growth was offset by portfolio and currency effects. Net income was $420 million with diluted EPS of $0.22; Self Care, Skin Health & Beauty, and Essential Health segments drove the quarter amid ongoing separation-related costs.

  • Q2 net sales $3.84B (-4% YoY).
  • Net income $420M; diluted EPS $0.22.
  • Brand portfolio spans consumer health categories post-J&J spin.
  • Self Care and Skin Health remain core growth engines.
  • Competition from private label and promotional intensity persist.

Headline financials

Total Revenue

$3.84B

Previous: $4.01B-4.4%
EPS (adj)

$0.22

Previous: $0.03+633.3%
Capital Expenditures

-$267M

Previous: -$243M-9.9%
Free Cash Flow

$153M

Previous: -$185M+182.7%
Net Income

$420M

Previous: $58M+624.1%
Operating Income

$692M

Previous: $154M+349.4%
Gross Profit

$2.26B

Previous: $2.37B-4.4%
Cash & Equivalents

$1.07B

Previous: $1.01B+5.5%
Total Assets

$27.1B

Previous: $26.4B+2.6%

Revenue & EPS history

Kenvue · Revenue · Quarterly

$3.84B

Q2 2025-4.4%vs Q2 2024
Beat estimate in 7 of 12 quarters(58%)
ActualEstimate

Revenue by segment

Kenvue · $3.92B total across 3 segments · Q3 2023

  • Self Care
    $1.61B+6.4%
  • Essential Health
    $1.18B+3.0%
  • Skin Health & Beauty
    $1.12B-0.4%

Forward guidance

Kenvue discusses outlook, capital allocation, and key risks for upcoming periods in the filing.

Tailwinds

  • Kenvue cites execution on strategic and operating priorities.
  • Liquidity supports ongoing operations and investment.
  • Management monitors demand and cost trends.

Headwinds

  • Macro uncertainty may pressure volumes or margins.
  • Competitive dynamics in core markets.
  • One-time items can affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 13 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+2.0%

Avg return

Earnings day

+3.1%

Avg return

5 days after

+2.8%

Avg return

30 days after

57%

8 / 14 earnings

Positive

+15.7%

Q3 2025

Best reaction

-7.7%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.0%-1.2%+0.2%
Q4 2025+0.9%+2.9%-5.5%
Q3 2025+15.7%+17.5%+18.1%
Q2 2025+1.5%+2.1%-13.2%
Q1 2025+4.3%+2.4%-6.0%
Q4 2024-4.5%+0.8%+12.9%
Q3 2024+5.2%+5.1%+1.5%
Q2 2024+13.4%+15.6%+23.7%
Q1 2024+7.2%+7.7%-2.4%
Q4 2022-0.2%+3.1%+12.9%
Q4 2023-5.8%-6.2%-2.4%
Q3 2023-7.7%-5.7%+2.6%
Q2 2023-4.0%+0.5%-8.5%
Q1 2023-0.5%-0.8%+4.5%
Q3 2022
Q2 2022
Q1 2022
Q4 2021

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