# Bread Financial Holdings, Inc.: overview

BFH · NYSE · CIK 1101215 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/bfh.md) · [Financials](/companies/bfh/financials.md) · [Filings](/companies/bfh/filings.md) · [Insiders](/companies/bfh/insiders.md)

Latest reported revenue: [$1.02bn](/filings/0001101215-26-000092.md) for Q3 FY2026, three months to 2026-09-30, from the 10-Q filed Oct 27, 2026 (XBRL us-gaap:RevenuesNetOfInterestExpense, accession 0001101215-26-000092).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [925 d](/filings/0001101215-26-000016.md) | [970](/filings/0001101215-26-000040.md) | [929](/filings/0001101215-26-000074.md) | [971](/filings/0001101215-26-000092.md) | [975 d](/filings/0001101215-26-000016.md) | [1,018](/filings/0001101215-26-000040.md) | [993](/filings/0001101215-26-000074.md) | [1,017](/filings/0001101215-26-000092.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [0.8% d](/filings/0001101215-26-000016.md) | [14.2%](/filings/0001101215-26-000040.md) | [15.0%](/filings/0001101215-26-000074.md) | [19.4%](/filings/0001101215-26-000092.md) | [5.5% d](/filings/0001101215-26-000016.md) | [17.8%](/filings/0001101215-26-000040.md) | [14.7%](/filings/0001101215-26-000074.md) | [15.3%](/filings/0001101215-26-000092.md) |
| Diluted EPS | $ per share | not reported | [2.78](/filings/0001101215-26-000040.md) | [2.94](/filings/0001101215-26-000074.md) | [3.96](/filings/0001101215-26-000092.md) | not reported | [4.15](/filings/0001101215-26-000040.md) | [3.55](/filings/0001101215-26-000074.md) | [3.82](/filings/0001101215-26-000092.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenuesNetOfInterestExpense. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenuesNetOfInterestExpense. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenuesNetOfInterestExpense. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenuesNetOfInterestExpense. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [3,272](/filings/0001101215-24-000041.md) | [3,826](/filings/0001101215-25-000031.md) | [4,289](/filings/0001101215-26-000016.md) | [3,838](/filings/0001101215-26-000016.md) | [3,845](/filings/0001101215-26-000016.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [24.5%](/filings/0001101215-24-000041.md) | [5.8%](/filings/0001101215-25-000031.md) | [16.7%](/filings/0001101215-26-000016.md) | [7.2%](/filings/0001101215-26-000016.md) | [13.5%](/filings/0001101215-26-000016.md) |
| Diluted EPS | $ per share | [16.02](/filings/0001101215-24-000041.md) | [4.46](/filings/0001101215-25-000031.md) | [14.34](/filings/0001101215-26-000016.md) | [5.49](/filings/0001101215-26-000016.md) | [10.89](/filings/0001101215-26-000016.md) |
| Free cash flow | $m | [1,459](/filings/0001101215-24-000041.md) | [1,780](/filings/0001101215-25-000031.md) | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenuesNetOfInterestExpense.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenuesNetOfInterestExpense.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenuesNetOfInterestExpense.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenuesNetOfInterestExpense.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/bfh/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $421.3m | 3,888,457 |  | Reduced −336,243 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $335.0m | 3,092,208 |  | Added +6,148 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $284.1m | 2,621,816 |  | Reduced −134,520 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $194.1m | 1,791,190 |  | Added +159,569 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $190.4m | 1,757,637 |  | Reduced −111,748 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $182.2m | 1,681,704 |  | Reduced −83,079 |
| [Allianz Asset Management GmbH](/funds/1535323.md) | 2026-06-30 | $145.0m | 1,391,954 |  | Added +45,352 |
| [TURTLE CREEK ASSET MANAGEMENT INC.](/funds/1484148.md) | 2026-06-30 | $142.0m | 1,310,339 |  | Reduced −1,120,763 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $122.7m | 1,132,140 |  | Reduced −53,070 |
| [ARROWSTREET CAPITAL, LIMITED PARTNERSHIP](/funds/1164508.md) | 2026-06-30 | $113.2m | 1,045,197 |  | Reduced −58,387 |

## Recent filings

[All 1,868 filings](/companies/bfh/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-28 | 19:54 ET | [8-K](/filings/0001101215-26-000099.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001101215-26-000099 |
| 2026-10-27 | 08:12 ET | [8-K](/filings/0001101215-26-000095.md) | 8.01 Other events | 0001101215-26-000095 |
| 2026-10-27 | 17:48 ET | [10-Q](/filings/0001101215-26-000092.md) | Quarterly report, period 2026-09-30 | 0001101215-26-000092 |
| 2026-10-22 | 06:56 ET | [8-K](/filings/0001101215-26-000088.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001101215-26-000088 |
| 2026-10-22 | 06:46 ET | [8-K](/filings/0001101215-26-000087.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001101215-26-000087 |
| 2026-09-15 | 07:01 ET | [8-K](/filings/0001101215-26-000084.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001101215-26-000084 |
| 2026-09-08 | 16:32 ET | [8-K](/filings/0001101215-26-000081.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001101215-26-000081 |
| 2026-08-17 | 07:31 ET | [8-K](/filings/0001101215-26-000076.md) | 7.01 Regulation FD disclosure | 0001101215-26-000076 |
| 2026-07-28 | 17:49 ET | [10-Q](/filings/0001101215-26-000074.md) | Quarterly report, period 2026-06-30 | 0001101215-26-000074 |
| 2026-07-23 | 06:56 ET | [8-K](/filings/0001101215-26-000069.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001101215-26-000069 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001101215-26-000016.md), filed Feb 13, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1101215
- Tickers: BFH, BFH-PA, BFH-PB
- Exchange: NYSE
- SIC code: 6141 Personal Credit Institutions
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 14:47 ET. No prices; not investment advice.