Kohl's Corp. (KSS) financial statements: income statement, balance sheet and cash flow
Kohl's Corp.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jan 31, 2026 · FY), Kohl's Corp. reported revenue of $15.5B (-4.3% year on year) and net income of $272.0M (+149.5% year on year).
Income statement
Kohl's Corp. income statement, fiscal years
Line item
Jan 31, 2026 · FY
Feb 1, 2025 · FY
Feb 3, 2024 · FY
Jan 28, 2023 · FY
Total revenue
$15.5B
$16.2B
$17.5B
$18.1B
Cost of merchandise sold
$9.2B
$9.7B
$10.5B
$11.5B
Selling, general, and administrative
$5.1B
$5.3B
$5.5B
$5.6B
Depreciation and amortization
$700.0M
$743.0M
$749.0M
$808.0M
Impairments, store closing, and other costs
$15.0M
$76.0M
—
—
(Gain) on legal settlement
($129.0M)
—
—
—
Operating income
$624.0M
$433.0M
$717.0M
$246.0M
Interest expense, net
$288.0M
$319.0M
$344.0M
$304.0M
Income before income taxes
$336.0M
$114.0M
$373.0M
($58.0M)
Provision for income taxes
$64.0M
$5.0M
$56.0M
($39.0M)
Net income
$272.0M
$109.0M
$317.0M
($19.0M)
Basic
$2.43
$0.98
$2.88
-$0.15
Diluted
$2.38
$0.98
$2.85
-$0.15
Kohl's Corp. income statement, quarters
Line item
Aug 1, 2026 · Q3
May 2, 2026 · Q2
Nov 1, 2025 · Q4
Aug 2, 2025 · Q3
Total revenue
$3.5B
$3.2B
$3.6B
$3.5B
Cost of merchandise sold
$1.9B
$1.8B
$2.1B
$2.0B
Selling, general, and administrative
$1.2B
$1.1B
$1.3B
$1.2B
Depreciation and amortization
$173.0M
$174.0M
$176.0M
$175.0M
Operating income
$261.0M
$46.0M
$73.0M
$279.0M
Interest expense, net
$63.0M
$63.0M
$75.0M
$78.0M
Income before income taxes
$198.0M
($17.0M)
($2.0M)
$201.0M
Provision for income taxes
$47.0M
($3.0M)
($10.0M)
$48.0M
Net income
$151.0M
($14.0M)
$8.0M
$153.0M
Basic
$1.34
-$0.13
$0.08
$1.37
Diluted
$1.28
-$0.13
$0.07
$1.35
Balance sheet
Kohl's Corp. balance sheet, fiscal years
Line item
Jan 31, 2026 · FY
Feb 1, 2025 · FY
Feb 3, 2024 · FY
Jan 28, 2023 · FY
Cash and cash equivalents
$674.0M
$134.0M
$183.0M
$153.0M
Merchandise inventories
$2.7B
$2.9B
$2.9B
$3.2B
Other
$272.0M
$309.0M
$347.0M
$394.0M
Total current assets
$3.7B
$3.4B
$3.4B
$3.7B
Property and equipment, net
$6.9B
$7.3B
$7.7B
$7.9B
Operating leases
$2.3B
$2.4B
$2.5B
$2.3B
Other assets
$419.0M
$480.0M
$380.0M
$379.0M
Total assets
$13.4B
$13.6B
$14.0B
$14.3B
Accounts payable
$1.2B
$1.0B
$1.1B
$1.3B
Accrued liabilities
$1.2B
$1.3B
$1.2B
$1.2B
Borrowings under revolving credit facility
$0
$290.0M
$92.0M
$85.0M
Long-term debt
$0
$353.0M
—
$275.0M
Finance leases and financing obligations
$85.0M
$81.0M
$83.0M
$94.0M
Operating leases
$94.0M
$102.0M
$102.0M
$111.0M
Total current liabilities
$2.5B
$3.1B
$2.6B
$3.1B
Long-term debt
$1.4B
$1.2B
$1.6B
$1.6B
Finance leases and financing obligations
$2.4B
$2.5B
$2.7B
$2.8B
Operating leases
$2.6B
$2.7B
$2.8B
$2.6B
Deferred income taxes
$91.0M
$28.0M
$107.0M
$129.0M
Other long-term liabilities
$241.0M
$265.0M
$298.0M
$337.0M
Common stock - 127 and 126 million shares issued
1.0M
1.0M
2.0M
4.0M
Paid-in capital
$3.6B
$3.6B
$3.5B
$3.5B
Treasury stock, at cost, 15 and 15 million shares
-771.0M
-767.0M
-2.6B
-13.7B
Retained earnings
$1.2B
$1.0B
$2.9B
$14.0B
Total shareholders’ equity
$4.0B
$3.8B
$3.9B
$3.8B
Total liabilities and shareholders’ equity
$13.4B
$13.6B
$14.0B
$14.3B
Kohl's Corp. balance sheet, quarters
Line item
Aug 1, 2026
May 2, 2026
Nov 1, 2025
Aug 2, 2025
Cash and cash equivalents
$821.0M
$429.0M
$144.0M
$174.0M
Merchandise inventories
$2.9B
$2.9B
$3.9B
$3.0B
Other
$285.0M
$326.0M
$269.0M
$306.0M
Total current assets
$4.0B
$3.7B
$4.3B
$3.5B
Property and equipment, net
$6.7B
$6.8B
$7.0B
$7.1B
Operating leases
$2.3B
$2.3B
$2.4B
$2.4B
Other assets
$433.0M
$416.0M
$454.0M
$441.0M
Total assets
$13.4B
$13.2B
$14.1B
$13.4B
Accounts payable
$1.4B
$1.2B
$1.8B
$1.1B
Accrued liabilities
$1.1B
$1.0B
$1.2B
$1.2B
Finance leases and financing obligations
$92.0M
$89.0M
$85.0M
$84.0M
Operating leases
$96.0M
$95.0M
$95.0M
$96.0M
Total current liabilities
$2.7B
$2.5B
$3.3B
$2.5B
Long-term debt
$1.3B
$0
$0
$0
Finance leases and financing obligations
$2.3B
$2.3B
$2.4B
$2.4B
Operating leases
$2.6B
$2.6B
$2.7B
$2.7B
Deferred income taxes
$70.0M
$88.0M
$76.0M
$54.0M
Other long-term liabilities
$243.0M
$239.0M
$254.0M
$261.0M
Common stock
$1.0M
$1.0M
$1.0M
$1.0M
Paid-in capital
$3.6B
$3.6B
$3.6B
$3.6B
Treasury stock, at cost
($779.0M)
($777.0M)
($772.0M)
($771.0M)
Retained earnings
$1.3B
$1.2B
$1.1B
$1.1B
Total shareholders’ equity
$4.2B
$4.0B
$3.9B
$3.9B
Total liabilities and shareholders’ equity
$13.4B
$13.2B
$14.1B
$13.4B
Cash flow statement
Kohl's Corp. cash flow statement, fiscal years
Line item
Jan 31, 2026 · FY
Feb 1, 2025 · FY
Feb 3, 2024 · FY
Jan 28, 2023 · FY
Net income
$272.0M
$109.0M
$317.0M
($19.0M)
Depreciation and amortization
$700.0M
$743.0M
$749.0M
$808.0M
Share-based compensation
$34.0M
$30.0M
$42.0M
$30.0M
Deferred income taxes
$69.0M
($85.0M)
($8.0M)
($84.0M)
Impairments, store closing, and other costs
$11.0M
$36.0M
—
—
Non-cash lease expense
$87.0M
$89.0M
$92.0M
$106.0M
Other non-cash items
($18.0M)
$1.0M
$6.0M
$30.0M
Merchandise inventories
$203.0M
($60.0M)
$315.0M
($116.0M)
Other current and long-term assets
$91.0M
($50.0M)
$11.0M
$87.0M
Accounts payable
$130.0M
($92.0M)
($196.0M)
($353.0M)
Accrued and other long-term liabilities
($103.0M)
$20.0M
($67.0M)
($99.0M)
Operating lease liabilities
($96.0M)
($93.0M)
($93.0M)
($108.0M)
Net cash provided by operating activities
$1.4B
$648.0M
$1.2B
$282.0M
Acquisition of property and equipment
($372.0M)
($466.0M)
($577.0M)
($826.0M)
Proceeds from sale of property and equipment
$54.0M
—
—
—
Other
($15.0M)
($7.0M)
($11.0M)
—
Net cash used in investing activities
($333.0M)
($467.0M)
($562.0M)
($783.0M)
Proceeds from issuance of debt, net of discount
$357.0M
—
—
—
Deferred financing costs
($11.0M)
$0
—
($6.0M)
Net (repayments) borrowings under revolving credit facility
($290.0M)
—
—
—
Shares withheld for taxes on vested restricted shares
-5.0M
-10.0M
-16.0M
-21.0M
Dividends paid
($56.0M)
($222.0M)
($220.0M)
($239.0M)
Repayment of long-term borrowings
($440.0M)
($113.0M)
($275.0M)
—
Discount (premium paid) on redemption of debt
$11.0M
—
—
—
Finance lease and financing obligation payments
($83.0M)
($79.0M)
($93.0M)
($106.0M)
Proceeds from financing obligations
$10.0M
$1.0M
$21.0M
$11.0M
Net cash used in financing activities
($507.0M)
($230.0M)
($576.0M)
($933.0M)
Net increase (decrease) in cash and cash equivalents
$540.0M
($49.0M)
$30.0M
($1.4B)
Cash and cash equivalents at beginning of period
$134.0M
$183.0M
$153.0M
$1.6B
Cash and cash equivalents at end of period
$674.0M
$134.0M
$183.0M
$153.0M
Interest paid, net of capitalized interest
$295.0M
$312.0M
$331.0M
$284.0M
Kohl's Corp. cash flow statement, quarters
Line item
Aug 1, 2026 · YTD
May 2, 2026 · Q2
Nov 1, 2025 · YTD
Aug 2, 2025 · YTD
Net income
$137.0M
($14.0M)
$147.0M
$139.0M
Depreciation and amortization
$347.0M
$174.0M
$526.0M
$350.0M
Share-based compensation
$19.0M
$9.0M
$26.0M
$17.0M
Deferred income taxes
($21.0M)
($2.0M)
$50.0M
$28.0M
Non-cash lease expense
$44.0M
$22.0M
$65.0M
$43.0M
Other non-cash items
($9.0M)
($6.0M)
$3.0M
$3.0M
Merchandise inventories
($166.0M)
($151.0M)
($948.0M)
($48.0M)
Other current and long-term assets
$3.0M
($26.0M)
$48.0M
$31.0M
Accounts payable
$247.0M
$77.0M
$800.0M
$93.0M
Accrued and other long-term liabilities
($77.0M)
($128.0M)
($26.0M)
($105.0M)
Operating lease liabilities
($46.0M)
($29.0M)
($72.0M)
($56.0M)
Net cash provided by operating activities
$478.0M
($74.0M)
$630.0M
$506.0M
Acquisition of property and equipment
($146.0M)
($84.0M)
($308.0M)
($200.0M)
Other
($7.0M)
—
$2.0M
$0
Net cash used in investing activities
($153.0M)
($84.0M)
($269.0M)
($179.0M)
Shares withheld for taxes on vested restricted shares