Bread Financial Holdings, Inc.
NYSE: BFH · FINANCIAL SERVICES · CREDIT SERVICES
Updated 2026-06-05
Bread Financial Holdings, Inc. (BFH) Financial statements
SEC filings — annual and quarterly data.
Margin trends — annual
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $1.66B | $189.60M | 31.02% | 22.54% | 11.44% |
| 2007 | $1.96B | $164.06M | 29.97% | 21.47% | 8.36% |
| 2008 | $2.03B | $206.40M | 29.77% | 22.74% | 10.19% |
| 2009 | $1.96B | $143.73M | 23.69% | 20.76% | 7.32% |
| 2010 | $2.79B | $193.74M | 33.23% | 22.54% | 6.94% |
| 2011 | $3.17B | $315.29M | 33.49% | 25.61% | 9.94% |
| 2012 | $3.64B | $422.26M | 34.14% | 26.76% | 11.60% |
| 2013 | $4.32B | $496.17M | 33.91% | 25.44% | 11.49% |
| 2014 | $5.30B | $506.30M | 34.39% | 20.71% | 9.55% |
| 2015 | $6.44B | $596.50M | 35.64% | 19.59% | 9.26% |
| 2016 | $7.14B | $515.80M | 34.08% | 17.73% | 7.23% |
| 2017 | $5.47B | $788.70M | 46.57% | 27.73% | 14.41% |
| 2018 | $5.67B | $963.10M | 45.66% | 31.01% | 17.00% |
| 2019 | $3.35B | $278.00M | 69.43% | 39.05% | 8.30% |
| 2020 | $3.30B | $214.00M | 59.13% | 26.94% | 6.49% |
| 2021 | $3.27B | $801.00M | 63.06% | 31.93% | 24.50% |
| 2022 | $3.83B | $223.00M | 58.34% | 20.96% | 5.83% |
| 2023 | $4.29B | $718.00M | 71.35% | 37.14% | 16.74% |
| 2024 | $3.84B | $277.00M | 63.60% | 7.27% | 7.22% |
| 2025 | $4.70B | $518.00M | 63.33% | 13.07% | 11.02% |
Frequently asked questions
What is Bread Financial Holdings, Inc.'s revenue?
Bread Financial Holdings, Inc.'s trailing twelve-month revenue is $2.64B. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is BFH?
In its most recent fiscal year, BFH ran a gross margin of 63.33%, an operating margin of 13.07%, and a net margin of 11.02%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does BFH generate?
BFH produced $2.07B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is BFH's balance sheet healthy?
BFH holds $3.60B in cash and equivalents against $4.31B in long-term debt, on $3.33B of shareholder equity. That debt is best read against the cash flow the business throws off each year.