Today, Levi Strauss & Co. announced financial results for Q4 and full year 2025. Our sharpened focus on being a DTC-first, denim lifestyle company and consistent execution resulted in broad, profitable growth across our business. We delivered 7% organic net revenue growth, record gross margin and high single-digit comps in DTC. As a result, we are entering 2026 in a position of strength.
“Over the past few years, we’ve taken bold steps toward becoming a DTC-first, head-to-toe denim lifestyle brand,” said Michelle Gass, president and CEO of LS&Co. “We have narrowed our focus, improved operational execution and built greater agility across the organization. As a result, we’ve elevated the Levi’s® brand and delivered faster growth and higher profitability, as reflected by our Q4 and full year 2025 results. While we still have important work ahead, the company is at an inflection point — emerging as a stronger, more resilient global business ready to define the next chapter of LS&Co.”
“We are sustaining our momentum, delivering 5% organic growth in the fourth quarter on top of an 8% increase in the prior year. Our success in denim lifestyle has enabled us to expand our addressable market, positioning us for mid-single digit growth in 2026 and beyond,” said Harmit Singh, chief financial and growth officer of LS&Co. “Our disciplined approach to converting growth into profitability has improved adjusted EBIT margin in 2025 for the third year in a row, and we are on track to expand margins further as we strive toward 15%. Our confidence in this trajectory is reflected in a new $200 million ASR program.”
Check out key highlights in the infographic below. For full results, see today’s press release.
