Team,
Because of your dedication to the military community, the Exchange delivered record results in fiscal 2025, generating $513 million in earnings and returning $307 million in dividends to Quality-of-Life programs.
These results reflect your commitment to our mission. Every time you serve shoppers, solve problems and uphold our core values, you strengthen the benefit for Warfighters and families.
When Soldiers, Airmen and Guardians choose the PX, BX, Express, an Exchange restaurant, ShopMyExchange.com or MILITARY STAR®, they’re directly supporting their community. The Exchange benefit is unique—hard-earned and self-sustaining—with 100% of earnings reinvested into the military community.
About 60% of earnings are returned to the Services for vital Quality-of-Life programs, while the remainder is reinvested to improve the shopping experience through store renovations, technology investments and expanded services without adding burden to taxpayers. During the last 10 years, the Exchange has generated $2.3 billion in dividends for military Quality-of-Life programs.
The 2025 Mission Report provides a broader look the Exchange’s financial performance and successes last year. You can find the report on the community Hub at ShopMyExchange.com/community under “Mission and Impact.”
Our FY 25 results clearly show what can be accomplished when we all work together. From the sales floor and distribution centers to headquarters, you bring the Exchange mission to life for those who serve.
Thank you for the care, consistency and commitment you show daily. Together, we will keep this hard‑earned benefit strong for Warfighters and families, wherever they live and serve.




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