7 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2026 | $6.6B | $161M | 36.4% | 4.1% | $312M | $975M | $518M |
| 2025 | $6.2B | $165M | 36.7% | 5.0% | $247M | $977M | $227M |
| 2024 | $6.2B | $109M | 36.3% | 4.0% | $133M | $1.1B | $270M |
| 2023 | $6.3B | $348M | 35.6% | 7.5% | $273M | $1.3B | $427M |
| 2022 | $6.8B | $646M | 40.7% | 12.8% | $682M | $982M | $490M |
| 2021 | $5.4B | -$72M | 29.0% | -1.9% | $547M | $97M | $335M |
| 2020 | $7.5B | -$897M | 27.5% | -11.9% | $90M | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| May '26 | $1.6B | $48M | 37.5% | 4.9% | -$191M | $990M | $207M |
| Jan '26 | $2.3B | $184M | 37.7% | 10.1% | $649M | $975M | $518M |
| Nov '25 | $1.5B | -$37M | 36.4% | -1.3% | -$232M | $1.4B | $249M |
| Aug '25 | $1.5B | $16M | 35.6% | 2.8% | $88M | $1.1B | $188M |
| May '25 | $1.4B | -$2M | 35.0% | 1.5% | -$193M | $1.1B | $138M |
| Feb '25 | $2.1B | $193M | 38.6% | 12.7% | $646M | $977M | $227M |
| Nov '24 | $1.3B | -$56M | 34.7% | -3.5% | -$299M | $1.4B | $161M |
| Aug '24 | $1.4B | $32M | 35.4% | 4.4% | $55M | $1.1B | $169M |
| May '24 | $1.4B | -$4M | 36.9% | 1.9% | -$155M | $1.1B | $105M |
| Feb '24 | $2.1B | $181M | 39.7% | 12.4% | $557M | $1.1B | $270M |
| Oct '23 | $1.3B | -$71M | 33.8% | -5.3% | -$261M | $1.5B | $124M |
| Jul '23 | $1.4B | -$1M | 34.1% | 1.8% | $0 | $1.3B | $131M |
| Apr '23 | $1.4B | $1M | 35.7% | 2.0% | -$163M | $1.3B | $132M |
| Jan '23 | $2.0B | $173M | 36.8% | 12.1% | $677M | $1.3B | $427M |
| Oct '22 | $1.3B | $24M | 34.7% | 3.3% | -$295M | $1.2B | $126M |
| Jul '22 | $1.5B | $70M | 35.2% | 6.4% | $58M | $981M | $201M |
| Apr '22 | $1.5B | $81M | 35.2% | 6.3% | -$167M | $981M | $204M |
| Jan '22 | $2.2B | $246M | 39.2% | 15.3% | $421M | $982M | $490M |
| Oct '21 | $1.4B | $75M | 39.2% | 7.5% | -$62M | $982M | $331M |
| Jul '21 | $1.6B | $151M | 41.5% | 12.6% | $240M | $689M | $293M |
Over the past 5 years, Victoria'S Secret & Co.'s revenue has grown 3.9% per year. These are computed facts, not advice.
As of FY2026, Victoria'S Secret & Co. reported $975M of total debt against $518M of cash; operating income covered interest expense 3.9×.
In FY2026, gross margin was 36.4%, operating margin 4.1%, and net margin 2.5%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.