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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.

  • 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

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.

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

2025

Macy's’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).

2024

Macy's’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's’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's’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's’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's’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's’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's’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's’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's’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%

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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