Flagship explainer

How LEVI STRAUSS & CO makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$6.3B · 100%Cost of revenue$2.4B · 38%Gross profit$3.9B · 62%Operating income$678M · 11%Income before tax$634M · 10%Income tax$132M · 2%Net income$578M · 9%As of 2025-11-30 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$6.3B100%
Cost of revenue$2.4B38%
$3.9B62%
$678M11%
Income before tax$634M10%
Income tax$132M2%
$578M9%
Source: · event Nov 30, 2025 · retrieved Oct 15, 2026 · annual-row source set
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