Macy's (M) Cost of Revenue (2009 - 2026)
Macy's (M) posted Cost of Revenue of $4.9 billion for Q1 2026, up 73.27% sequentially from $2.9 billion in Q4 2025, and down 0.88% YoY from $5.0 billion in Q1 2025.
Macy's (M) Cost of Revenue (2009 - 2026) Analysis & Trends
Macy's has reported Cost of Revenue for 18 years, with the latest figure at $4.9 billion in Q1 2026.
- Quarterly Cost of Revenue fell 0.88% year-over-year to $4.9 billion in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $13.5 billion (down 1.76% YoY) and the FY2026 annual result came in at $13.5 billion, down 1.77% from the prior year.
- Cost of Revenue rose to $4.9 billion in Q1 2026 per M's latest filing, from $2.9 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $5.5 billion in Q1 2022 and troughed at $2.8 billion in Q2 2025.
- A 5-year average of $3.7 billion and a median of $3.2 billion in 2023 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue grew 22.77% in 2022, then retreated 9.33% in 2023.
- Over 5 years, Cost of Revenue stood at $3.2 billion in 2022, then slipped by 9.33% to $2.9 billion in 2023, then decreased by 1.41% to $2.9 billion in 2024, then slipped by 0.31% to $2.9 billion in 2025, then jumped by 73.27% to $4.9 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $4.9 billion, $2.9 billion, and $2.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 2.86 Bn |
| May 2, 2026 | 2.86 Bn |
| Jan 31, 2026 | 4.95 Bn |
| Jan 31, 2026 | 4.95 Bn |
| Nov 1, 2025 | 2.86 Bn |
| Nov 1, 2025 | 2.86 Bn |
| Aug 2, 2025 | 2.90 Bn |
| Aug 2, 2025 | 2.90 Bn |
| May 3, 2025 | 2.80 Bn |
| May 3, 2025 | 2.80 Bn |
| Feb 1, 2025 | 4.99 Bn |
| Feb 1, 2025 | 4.99 Bn |
| Nov 2, 2024 | 2.86 Bn |
| Nov 2, 2024 | 2.86 Bn |
| Aug 3, 2024 | 2.94 Bn |
| Aug 3, 2024 | 2.94 Bn |
| May 4, 2024 | 2.95 Bn |
| May 4, 2024 | 2.95 Bn |
| Feb 3, 2024 | 5.15 Bn |
| Feb 3, 2024 | 5.15 Bn |