Bread Financial Holdings (BFH) Financial Statements & Analysis

Bread Financial Holdings (BFH) Income Statement

Bread Financial Holdings reported revenue of $3.85B in fiscal 2025 (fiscal year ended Dec 31, 2025), down 19.9% from $4.80B a year earlier. Net income was $518.00M, up 87.0% year over year, a net margin of 13.5%. Gross margin was 77.4% and operating margin 16.0%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $993.00M, down 13.6% from the same quarter a year earlier.

Bread Financial Holdings Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Bread Financial Holdings, Inc. income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	3.85	4.80	3.06	4.37	3.27	3.30	3.35	5.67	5.47
Cost of Revenue	0.85	2.36	0.88	2.10	1.59	2.57	3.26	3.08	2.92
Gross Profit	2.98	2.44	3.07	2.28	1.68	1.95	2.32	2.59	2.55
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	1.03	1.04	0.89	0.96	0.83	0.75	0.93	0.16	0.16
Operating Expenses	2.36	2.06	2.10	1.98	0.63	-0.16	-1.22	0.83	1.03
Operating Income	0.61	0.38	0.97	0.30	1.04	0.89	1.31	1.76	1.52
Other Income/Expense
Interest Income	4.91	5.02	5.15	4.68	3.87	3.95	4.83	0.00	0.00
Interest Expense	0.85	0.96	0.88	0.50	0.38	0.50	0.64	0.16	0.17
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	-0.59	-0.65	-0.54	-0.46
Income
Income Before Tax	0.62	0.38	0.97	0.30	1.04	0.30	0.66	1.22	1.06
Income Tax Expense	0.09	0.10	0.23	0.08	0.25	0.09	0.16	0.27	0.29
Net Income	0.52	0.28	0.72	0.22	0.80	0.21	0.28	0.96	0.79
Net Income - Continuous Operations	0.52	0.28	0.74	0.22	0.80	0.21	0.28	0.96	0.79
Net Income - Discontinued Operations	0.00	0.00	-0.02	0.00	-	-	-	-	-
EBITDA	-0.16	0.47	0.21	0.41	1.17	0.55	0.99	1.70	1.56
EBIT	-0.24	-0.58	0.09	-0.20	0.66	-	-	-	-
Depreciation & Amortization	0.08	0.09	0.12	0.11	0.12	0.18	0.25	0.49	0.50
Earnings Per Share
Basic EPS	11.00	6.00	14.00	4.00	16.00	4.00	11.00	18.00	14.00
Diluted EPS	11.00	6.00	14.00	4.00	16.00	4.00	11.00	17.00	14.00
Basic Shares Outstanding	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.06
Diluted Shares Outstanding	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.06	0.06

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Bread Financial Holdings Financial Statements

What was Bread Financial Holdings's revenue in fiscal 2025?

Bread Financial Holdings reported revenue of $3.85B in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 19.9% from $4.80B a year earlier.

Is Bread Financial Holdings profitable?

Yes. Bread Financial Holdings earned net income of $518.00M in fiscal 2025, a net margin of 13.5%. In fiscal 2024 it earned $277.00M.

What is Bread Financial Holdings's operating margin?

Bread Financial Holdings's operating income was $614.00M on revenue of $3.85B in fiscal 2025, an operating margin of 16.0%, compared with 7.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition