Flagship explainer

How Macy's, Inc. 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$21.8B · 100%Cost of revenue$13.5B · 62%Gross profit$8.3B · 38%Operating income$1.0B · 5%Income before tax$849M · 4%Income tax$207M · 1%Net income$642M · 3%As of 2026-01-31 · 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
$21.8B100%
Cost of revenue$13.5B62%
$8.3B38%
$1.0B5%
Income before tax$849M4%
Income tax$207M1%
$642M3%
Source: · event Jan 31, 2026 · retrieved Oct 15, 2026 · annual-row source set
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