Nordstrom, Inc.

JWN

Financial Statements

Income Statement (Annual)

Amounts in millions

2025

2/1/2025

Revenue

15,016

Cost of Revenue

9,396

Gross Profit

5,620

Gross Margin

37.4%

Operating Income

495

Operating Margin

3.3%

Net Income

294

Net Margin

2.0%

EPS (Basic)

$1.79

EPS (Diluted)

$1.74

EBITDA

1,318

EBITDA Margin

8.8%

2024

2/3/2024

Revenue

14,693

Cost of Revenue

9,303

Gross Profit

5,390

Gross Margin

36.7%

Operating Income

535

Operating Margin

3.6%

Net Income

134

Net Margin

0.9%

EPS (Basic)

$0.83

EPS (Diluted)

$0.82

EBITDA

1,054

EBITDA Margin

7.2%

2023

1/28/2023

Revenue

15,530

Cost of Revenue

10,019

Gross Profit

5,511

Gross Margin

35.5%

Operating Income

465

Operating Margin

3.0%

Net Income

245

Net Margin

1.6%

EPS (Basic)

$1.53

EPS (Diluted)

$1.51

EBITDA

1,264

EBITDA Margin

8.1%

2022

1/29/2022

Revenue

14,789

Cost of Revenue

9,344

Gross Profit

5,445

Gross Margin

36.8%

Operating Income

492

Operating Margin

3.3%

Net Income

178

Net Margin

1.2%

EPS (Basic)

$1.12

EPS (Diluted)

$1.10

EBITDA

1,283

EBITDA Margin

8.7%

2021

1/30/2021

Revenue

10,715

Cost of Revenue

7,600

Gross Profit

3,115

Gross Margin

29.1%

Operating Income

-1,047

Operating Margin

-9.8%

Net Income

-690

Net Margin

-6.4%

EPS (Basic)

$-4.39

EPS (Diluted)

$-4.39

EBITDA

-205

EBITDA Margin

-1.9%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2025	2024	2023	2022	2021
Revenue	15,016	14,693	15,530	14,789	10,715
Cost of Revenue	9,396	9,303	10,019	9,344	7,600
Gross Profit	5,620	5,390	5,511	5,445	3,115
Gross Margin	37.4%	36.7%	35.5%	36.8%	29.1%
Operating Income	495	535	465	492	-1,047
Operating Margin	3.3%	3.6%	3.0%	3.3%	-9.8%
Net Income	294	134	245	178	-690
Net Margin	2.0%	0.9%	1.6%	1.2%	-6.4%
EPS (Basic)	$1.79	$0.83	$1.53	$1.12	$-4.39
EPS (Diluted)	$1.74	$0.82	$1.51	$1.10	$-4.39
EBITDA	1,318	1,054	1,264	1,283	-205
EBITDA Margin	8.8%	7.2%	8.1%	8.7%	-1.9%