Macy's's Revenue
- Macy's's annual revenue was $23.01 B in fiscal year 2025. The annual revenue decreased -$860.00 M from $23.87 B (in 2024) to $23.01 B (in 2025), representing a -3.60% year-over-year decline.
- Macy's's quarterly revenue was $4.91 B in the quarter ending Nov 2025. The quarterly revenue increased $10.00 M from $4.90 B (in Q3: June 2024) to $4.91 B (in Q3: June 2025), representing a 0.20% year-over-year growth.
- The highest annual revenue for Macy's was $27.08 B in fiscal year 2016.
- The lowest annual revenue was $18.10 B in fiscal year 2021.
- The average revenue was $24.62 B.
- 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.
Over the past 10 years (2016 - 2025):
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 :
Macy's's Revenue Trend
| 2015 | 28105000000.00 |
|---|---|
| 2016 | 27079000000.00 |
| 2017 | 26564000000.00 |
| 2018 | 25641000000.00 |
| 2019 | 25739000000.00 |
| 2020 | 25331000000.00 |
| 2021 | 18097000000.00 |
| 2022 | 25399000000.00 |
| 2023 | 25449000000.00 |
| 2024 | 23866000000.00 |
| 2025 | 23006000000.00 |
| Jan 2016 | 8869000000.00 |
|---|---|
| Apr 2016 | 5771000000.00 |
| Jul 2016 | 5866000000.00 |
| Oct 2016 | 5626000000.00 |
| Jan 2017 | 8515000000.00 |
| Apr 2017 | 5511000000.00 |
| Jul 2017 | 5803000000.00 |
| Oct 2017 | 5426000000.00 |
| Jan 2018 | 8666000000.00 |
| May 2018 | 5698000000.00 |
| Aug 2018 | 5758000000.00 |
| Nov 2018 | 5589000000.00 |
| Jan 2019 | 8695000000.00 |
| May 2019 | 5676000000.00 |
| Aug 2019 | 5722000000.00 |
| Nov 2019 | 5356000000.00 |
| Jan 2020 | 8577000000.00 |
| May 2020 | 3148000000.00 |
| Aug 2020 | 3727000000.00 |
| Oct 2020 | 4185000000.00 |
| Jan 2021 | 7037000000.00 |
| May 2021 | 4865000000.00 |
| Jul 2021 | 5844000000.00 |
| Oct 2021 | 5653000000.00 |
| Jan 2022 | 8930000000.00 |
| Apr 2022 | 5565000000.00 |
| Jul 2022 | 5834000000.00 |
| Oct 2022 | 5467000000.00 |
| Jan 2023 | 8526000000.00 |
| Apr 2023 | 5173000000.00 |
| Jul 2023 | 5280000000.00 |
| Oct 2023 | 5038000000.00 |
| Jan 2024 | 8375000000.00 |
| May 2024 | 5000000000.00 |
| Aug 2024 | 5096000000.00 |
| Nov 2024 | 4903000000.00 |
| Jan 2025 | 8007000000.00 |
| May 2025 | 4793000000.00 |
| Aug 2025 | 4999000000.00 |
| Nov 2025 | 4913000000.00 |
2025
Macy's's annual revenue was $23.01 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) in fiscal year 2025.
2024
Macy's's annual revenue was $23.87 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 $25.45 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 $25.40 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 $18.10 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 $25.33 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 $25.74 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 $25.64 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 $26.56 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 $27.08 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.
Macy's's Revenue (Year-over-Year Change)
| 2015 | 0 |
|---|---|
| 2016 | -3.65 |
| 2017 | -1.90 |
| 2018 | -3.47 |
| 2019 | +0.38 |
| 2020 | -1.59 |
| 2021 | -28.56 |
| 2022 | +40.35 |
| 2023 | +0.20 |
| 2024 | -6.22 |
| 2025 | -3.60 |
| Q4: Jan 16 | -5.29 |
|---|---|
| Q1: Apr 16 | -7.40 |
| Q2: Jul 16 | -3.90 |
| Q3: Oct 16 | -4.22 |
| Q4: Jan 17 | -3.99 |
| Q1: Apr 17 | -4.51 |
| Q2: Jul 17 | -1.07 |
| Q3: Oct 17 | -3.55 |
| Q4: Jan 18 | 1.77 |
| Q1: May 18 | 3.39 |
| Q2: Aug 18 | -0.78 |
| Q3: Nov 18 | 3.00 |
| Q4: Jan 19 | 0.33 |
| Q1: May 19 | -0.39 |
| Q2: Aug 19 | -0.63 |
| Q3: Nov 19 | -4.17 |
| Q4: Jan 20 | -1.36 |
| Q1: May 20 | -44.54 |
| Q2: Aug 20 | -34.87 |
| Q3: Oct 20 | -21.86 |
| Q4: Jan 21 | -17.95 |
| Q1: May 21 | 54.54 |
| Q2: Jul 21 | 56.80 |
| Q3: Oct 21 | 35.08 |
| Q4: Jan 22 | 26.90 |
| Q1: Apr 22 | 14.39 |
| Q2: Jul 22 | -0.17 |
| Q3: Oct 22 | -3.29 |
| Q4: Jan 23 | -4.52 |
| Q1: Apr 23 | -7.04 |
| Q2: Jul 23 | -9.50 |
| Q3: Oct 23 | -7.85 |
| Q4: Jan 24 | -1.77 |
| Q1: May 24 | -3.34 |
| Q2: Aug 24 | -3.48 |
| Q3: Nov 24 | -2.68 |
| Q4: Jan 25 | -4.39 |
| Q1: May 25 | -4.14 |
| Q2: Aug 25 | -1.90 |
| Q3: Nov 25 | 0.20 |
2025
Macy's’s annual revenue decreased -3.60% during fiscal year 2025 compared to 2024. It represents a decline of -$860.00 M from $23.87 B (in 2024) to $23.01 B (in 2025).
2024
Macy's’s annual revenue decreased -6.22% during fiscal year 2024 compared to 2023. It represents a decline of -$1.58 B from $25.45 B (in 2023) to $23.87 B (in 2024).
2023
Macy's’s annual revenue increased +0.20% during fiscal year 2023 compared to 2022. It represents a growth of $50.00 M from $25.40 B (in 2022) to $25.45 B (in 2023).
2022
Macy's’s annual revenue increased +40.35% during fiscal year 2022 compared to 2021. It represents a growth of $7.30 B from $18.10 B (in 2021) to $25.40 B (in 2022).
2021
Macy's’s annual revenue decreased -28.56% during fiscal year 2021 compared to 2020. It represents a decline of -$7.23 B from $25.33 B (in 2020) to $18.10 B (in 2021).
2020
Macy's’s annual revenue decreased -1.59% during fiscal year 2020 compared to 2019. It represents a decline of -$408.00 M from $25.74 B (in 2019) to $25.33 B (in 2020).
2019
Macy's’s annual revenue increased +0.38% during fiscal year 2019 compared to 2018. It represents a growth of $98.00 M from $25.64 B (in 2018) to $25.74 B (in 2019).
2018
Macy's’s annual revenue decreased -3.47% during fiscal year 2018 compared to 2017. It represents a decline of -$923.00 M from $26.56 B (in 2017) to $25.64 B (in 2018).
2017
Macy's’s annual revenue decreased -1.90% during fiscal year 2017 compared to 2016. It represents a decline of -$515.00 M from $27.08 B (in 2016) to $26.56 B (in 2017).
2016
Macy's’s annual revenue decreased -3.65% during fiscal year 2016 compared to 2015. It represents a decline of -$1.03 B from $28.11 B (in 2015) to $27.08 B (in 2016).
Summary Table (Annual)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| 2025 | $23.01 B | -3.60% |
| 2024 | $23.87 B | -6.22% |
| 2023 | $25.45 B | +0.20% |
| 2022 | $25.40 B | +40.35% |
| 2021 | $18.10 B | -28.56% |
| 2020 | $25.33 B | -1.59% |
| 2019 | $25.74 B | +0.38% |
| 2018 | $25.64 B | -3.47% |
| 2017 | $26.56 B | -1.90% |
| 2016 | $27.08 B | -3.65% |
Summary Table (Quarterly)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| Q3: Nov 25 | $4.91 B | 0.20% |
| Q2: Aug 25 | $5.00 B | -1.90% |
| Q1: May 25 | $4.79 B | -4.14% |
| Q4: Jan 25 | $8.01 B | -4.39% |
| Q3: Nov 24 | $4.90 B | -2.68% |
| Q2: Aug 24 | $5.10 B | -3.48% |
| Q1: May 24 | $5.00 B | -3.34% |
| Q4: Jan 24 | $8.38 B | -1.77% |
| Q3: Oct 23 | $5.04 B | -7.85% |
| Q2: Jul 23 | $5.28 B | -9.50% |
| Q1: Apr 23 | $5.17 B | -7.04% |
| Q4: Jan 23 | $8.53 B | -4.52% |
| Q3: Oct 22 | $5.47 B | -3.29% |
| Q2: Jul 22 | $5.83 B | -0.17% |
| Q1: Apr 22 | $5.57 B | 14.39% |
| Q4: Jan 22 | $8.93 B | 26.90% |
| Q3: Oct 21 | $5.65 B | 35.08% |
| Q2: Jul 21 | $5.84 B | 56.80% |
| Q1: May 21 | $4.87 B | 54.54% |
| Q4: Jan 21 | $7.04 B | -17.95% |
| Q3: Oct 20 | $4.19 B | -21.86% |
| Q2: Aug 20 | $3.73 B | -34.87% |
| Q1: May 20 | $3.15 B | -44.54% |
| Q4: Jan 20 | $8.58 B | -1.36% |
| Q3: Nov 19 | $5.36 B | -4.17% |
| Q2: Aug 19 | $5.72 B | -0.63% |
| Q1: May 19 | $5.68 B | -0.39% |
| Q4: Jan 19 | $8.70 B | 0.33% |
| Q3: Nov 18 | $5.59 B | 3.00% |
| Q2: Aug 18 | $5.76 B | -0.78% |
| Q1: May 18 | $5.70 B | 3.39% |
| Q4: Jan 18 | $8.67 B | 1.77% |
| Q3: Oct 17 | $5.43 B | -3.55% |
| Q2: Jul 17 | $5.80 B | -1.07% |
| Q1: Apr 17 | $5.51 B | -4.51% |
| Q4: Jan 17 | $8.52 B | -3.99% |
| Q3: Oct 16 | $5.63 B | -4.22% |
| Q2: Jul 16 | $5.87 B | -3.90% |
| Q1: Apr 16 | $5.77 B | -7.40% |
| Q4: Jan 16 | $8.87 B | -5.29% |
