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Macy's's Revenue (2016 - 2025)

  • Macy's's annual revenue was $22.62 B in fiscal year 2025. The annual revenue decreased -$385.00 M from $23.01 B (in 2024) to $22.62 B (in 2025), representing a -1.67% year-over-year decline. ... See more

  • Macy's's quarterly revenue was $4.89 B in the quarter ending May 2026. The quarterly revenue increased $99.00 M from $4.79 B (in Q1: Dec 2025) to $4.89 B (in Q1: Dec 2026), representing a 2.07% year-over-year growth.

    • Over the past 10 years (2016 - 2025):
  • The highest annual revenue for Macy's was $26.56 B in fiscal year 2016.
  • The lowest annual revenue was $18.10 B in fiscal year 2020.
  • The average revenue was $24.17 B.

    • Learn more about Macy's's Revenue by Segment and Revenue by Region.

    Check out competitors to Macy's in a side-by-side comparison.

    Explore additional financial metrics for Macy's.


    Definition of Revenue :
  • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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Macy's's Revenue Trend

Last Updated: May 2, 2026 |

2025

Macy's's annual revenue was $22.62 B in fiscal year 2025.

Macy's's quarterly revenue was $4.79 B(Q1: May 2025), $5.00 B(Q2: Aug 2025), $4.91 B(Q3: Nov 2025), $7.92 B(Q4: Jan 2026) in fiscal year 2025. ... See more

2024

Macy's's annual revenue was $23.01 B in fiscal year 2024.

Macy's's quarterly revenue was $5.00 B(Q1: May 2024), $5.10 B(Q2: Aug 2024), $4.90 B(Q3: Nov 2024), $8.01 B(Q4: Jan 2025) in fiscal year 2024.

2023

Macy's's annual revenue was $23.87 B in fiscal year 2023.

Macy's's quarterly revenue was $5.17 B(Q1: Apr 2023), $5.28 B(Q2: Jul 2023), $5.04 B(Q3: Oct 2023), $8.38 B(Q4: Jan 2024) in fiscal year 2023.

2022

Macy's's annual revenue was $25.45 B in fiscal year 2022.

Macy's's quarterly revenue was $5.57 B(Q1: Apr 2022), $5.83 B(Q2: Jul 2022), $5.47 B(Q3: Oct 2022), $8.53 B(Q4: Jan 2023) in fiscal year 2022.

2021

Macy's's annual revenue was $25.40 B in fiscal year 2021.

Macy's's quarterly revenue was $4.87 B(Q1: May 2021), $5.84 B(Q2: Jul 2021), $5.65 B(Q3: Oct 2021), $8.93 B(Q4: Jan 2022) in fiscal year 2021.

2020

Macy's's annual revenue was $18.10 B in fiscal year 2020.

Macy's's quarterly revenue was $3.15 B(Q1: May 2020), $3.73 B(Q2: Aug 2020), $4.19 B(Q3: Oct 2020), $7.04 B(Q4: Jan 2021) in fiscal year 2020.

2019

Macy's's annual revenue was $25.33 B in fiscal year 2019.

Macy's's quarterly revenue was $5.68 B(Q1: May 2019), $5.72 B(Q2: Aug 2019), $5.36 B(Q3: Nov 2019), $8.58 B(Q4: Jan 2020) in fiscal year 2019.

2018

Macy's's annual revenue was $25.74 B in fiscal year 2018.

Macy's's quarterly revenue was $5.70 B(Q1: May 2018), $5.76 B(Q2: Aug 2018), $5.59 B(Q3: Nov 2018), $8.70 B(Q4: Jan 2019) in fiscal year 2018.

2017

Macy's's annual revenue was $25.64 B in fiscal year 2017.

Macy's's quarterly revenue was $5.51 B(Q1: Apr 2017), $5.80 B(Q2: Jul 2017), $5.43 B(Q3: Oct 2017), $8.67 B(Q4: Jan 2018) in fiscal year 2017.

2016

Macy's's annual revenue was $26.56 B in fiscal year 2016.

Macy's's quarterly revenue was $5.77 B(Q1: Apr 2016), $5.87 B(Q2: Jul 2016), $5.63 B(Q3: Oct 2016), $8.52 B(Q4: Jan 2017) in fiscal year 2016.

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Macy's's Revenue (Year-over-Year Change)

2015 0
2016 -1.90
2017 -3.47
2018 +0.38
2019 -1.59
2020 -28.56
2021 +40.35
2022 +0.20
2023 -6.22
2024 -3.60
2025 -1.67
Last Updated: May 2, 2026 |

2025

Macy'sโ€™s annual revenue decreased -1.67% during fiscal year 2025 compared to 2024. It represents a decline of $385.00 M from $23.01 B (in 2024) to $22.62 B (in 2025). ... See more

2024

Macy'sโ€™s annual revenue decreased -3.60% during fiscal year 2024 compared to 2023. It represents a decline of $860.00 M from $23.87 B (in 2023) to $23.01 B (in 2024).

2023

Macy'sโ€™s annual revenue decreased -6.22% during fiscal year 2023 compared to 2022. It represents a decline of $1.58 B from $25.45 B (in 2022) to $23.87 B (in 2023).

2022

Macy'sโ€™s annual revenue increased +0.20% during fiscal year 2022 compared to 2021. It represents a growth of $50.00 M from $25.40 B (in 2021) to $25.45 B (in 2022).

2021

Macy'sโ€™s annual revenue increased +40.35% during fiscal year 2021 compared to 2020. It represents a growth of $7.30 B from $18.10 B (in 2020) to $25.40 B (in 2021).

2020

Macy'sโ€™s annual revenue decreased -28.56% during fiscal year 2020 compared to 2019. It represents a decline of $7.23 B from $25.33 B (in 2019) to $18.10 B (in 2020).

2019

Macy'sโ€™s annual revenue decreased -1.59% during fiscal year 2019 compared to 2018. It represents a decline of $408.00 M from $25.74 B (in 2018) to $25.33 B (in 2019).

2018

Macy'sโ€™s annual revenue increased +0.38% during fiscal year 2018 compared to 2017. It represents a growth of $98.00 M from $25.64 B (in 2017) to $25.74 B (in 2018).

2017

Macy'sโ€™s annual revenue decreased -3.47% during fiscal year 2017 compared to 2016. It represents a decline of $923.00 M from $26.56 B (in 2016) to $25.64 B (in 2017).

2016

Macy'sโ€™s annual revenue decreased -1.90% during fiscal year 2016 compared to 2015. It represents a decline of $515.00 M from $27.08 B (in 2015) to $26.56 B (in 2016).

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Macy's Revenue History

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Period Revenue Year-over-Year Change
FY 2025
$22.62 B -$385.00 M 1.67%
Q4: Jan 26 $7.92 B -$91.00 M 1.14%
Q3: Nov 25 $4.91 B $10.00 M 0.2%
Q2: Aug 25 $5.00 B -$97.00 M 1.9%
Q1: May 25 $4.79 B -$207.00 M 4.14%
FY 2024
$23.01 B -$860.00 M 3.6%
Q4: Jan 25 $8.01 B -$368.00 M 4.39%
Q3: Nov 24 $4.90 B -$135.00 M 2.68%
Q2: Aug 24 $5.10 B -$184.00 M 3.48%
Q1: May 24 $5.00 B -$173.00 M 3.34%
FY 2023
$23.87 B -$1.58 B 6.22%
Q4: Jan 24 $8.38 B -$151.00 M 1.77%
Q3: Oct 23 $5.04 B -$429.00 M 7.85%
Q2: Jul 23 $5.28 B -$554.00 M 9.5%
Q1: Apr 23 $5.17 B -$392.00 M 7.04%
FY 2022
$25.45 B $50.00 M 0.2%
Q4: Jan 23 $8.53 B -$404.00 M 4.52%
Q3: Oct 22 $5.47 B -$186.00 M 3.29%
Q2: Jul 22 $5.83 B -$10.00 M 0.17%
Q1: Apr 22 $5.57 B $700.00 M 14.39%
FY 2021
$25.40 B $7.30 B 40.35%
Q4: Jan 22 $8.93 B $1.89 B 26.9%
Q3: Oct 21 $5.65 B $1.47 B 35.08%
Q2: Jul 21 $5.84 B $2.12 B 56.8%
Q1: May 21 $4.87 B $1.72 B 54.54%
FY 2020
$18.10 B -$7.23 B 28.56%
Q4: Jan 21 $7.04 B -$1.54 B 17.95%
Q3: Oct 20 $4.19 B -$1.17 B 21.86%
Q2: Aug 20 $3.73 B -$2.00 B 34.87%
Q1: May 20 $3.15 B -$2.53 B 44.54%
FY 2019
$25.33 B -$408.00 M 1.59%
Q4: Jan 20 $8.58 B -$118.00 M 1.36%
Q3: Nov 19 $5.36 B -$233.00 M 4.17%
Q2: Aug 19 $5.72 B -$36.00 M 0.63%
Q1: May 19 $5.68 B -$22.00 M 0.39%
FY 2018
$25.74 B $98.00 M 0.38%
Q4: Jan 19 $8.70 B $29.00 M 0.33%
Q3: Nov 18 $5.59 B $163.00 M 3%
Q2: Aug 18 $5.76 B -$45.00 M 0.78%
Q1: May 18 $5.70 B $187.00 M 3.39%
FY 2017
$25.64 B -$923.00 M 3.47%
Q4: Jan 18 $8.67 B $151.00 M 1.77%
Q3: Oct 17 $5.43 B -$200.00 M 3.55%
Q2: Jul 17 $5.80 B -$63.00 M 1.07%
Q1: Apr 17 $5.51 B -$260.00 M 4.51%
FY 2016
$26.56 B -$515.00 M 1.9%
Q4: Jan 17 $8.52 B -$354.00 M 3.99%
Q3: Oct 16 $5.63 B -$248.00 M 4.22%
Q2: Jul 16 $5.87 B -$238.00 M 3.9%
Q1: Apr 16 $5.77 B -$461.00 M 7.4%
Last Updated: May 2, 2026 |
Last updated May 2, 2026
Latest quarterly period ended Q1 FY2026 (May 2, 2026)
Latest annual period ended FY 2025 (January 31, 2026)
Data provided by Financial Modeling Prep
Original source Company Forms 10-Q and 10-K filed with the SEC
Methodology Company-reported financial data
Limitations Historical values may change because of company restatements or reclassifications
Links View source filings

Frequently Asked Questions

What is the annual revenue of Macy's?

In fiscal year 2026, Macy's's revenue was $22.62 Billion.

How much did Macy's's revenue change in the last year?

Macy's's revenue decreased by -1.67% (-$385.00 Million) in 2025 compared to 2024.

What is Macy's's most recent quarterly revenue?

In the first quarter (Q1) of 2026, Macy's reported a revenue of $4.89 Billion.

What is Macy's's revenue per share (TTM)?

Macy's's revenue per share over the trailing twelve months is $85.93.

What is Macy's's revenue per employee?

In the fiscal year 2026, Macy's's revenue per employee was $250.97 K.

What is the annual net income of Macy's?

In fiscal year 2026, Macy's's net income was $642.00 Million.

What is Macy's's biggest product segment, and what is its revenue?

Women's Accessories, Shoes, Cosmetics and Fragrances is Macy's's biggest product segment, generating $9.13 Billion in revenue for fiscal year 2025.

What is Macy's's net income per employee?

In the fiscal year 2026, Macy's's net income per employee was $7.12 K.

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