Q4 2025 Earnings Summary
Metric | YoY Change | Reason |
---|---|---|
Total Revenue | Increased to $4,323 million | Robust sales across segments drove the increase, with Nordstrom contributing $2,759 million and Nordstrom Rack $1,445 million in Q4 2025, building on a stronger merchandising mix compared to previous quarters. |
Cash and cash equivalents | 64.9% increase from $628 million | The substantial growth to $1,035 million is primarily due to improved earnings-generated cash flows, enhanced liquidity management, and lower capital outlays relative to prior periods, reflecting a favorable operational performance compared to Q4 2024. |
Total current assets | 17.7% increase from $3,136 million | The increase to $3,689 million stems from a bolstered inventory position and growth in receivables driven by higher sales activity, as the company adjusts its asset base in anticipation of seasonal demand improvements relative to the previous year. |
Total assets | 6.2% increase from $8,444 million | The asset base expanded to $8,966 million largely due to a strategic buildup in inventory and other supporting assets, demonstrating measured asset investments to capture rising sales opportunities compared to Q4 2024. |
Shareholders’ equity | 34.4% increase from $848 million | The remarkable rise to $1,140 million is attributed to strong net earnings, positive impacts from stock-based compensation and common stock issuances that outweighed dividend payments, thereby strengthening the balance sheet relative to the modest performance in Q4 2024. |
Research analysts covering JWN.