Victoria's Secret & Co. (VSCO)

Victoria's Secret & Co. Income Statement

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 1, 2025	Feb 1, 2025	Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021
Revenue	6,390	6,230	6,182	6,344	6,785	5,413
Revenue Growth (YoY)	2.96%	0.78%	-2.55%	-6.50%	25.35%	-27.91%
Cost of Revenue	4,048	3,946	3,940	4,086	4,025	3,842
Gross Profit	2,342	2,284	2,242	2,258	2,760	1,571
Selling, General & Admin	2,032	1,974	1,996	1,780	1,890	1,672
Total Operating Expenses	2,032	1,974	1,996	1,780	1,890	1,672
Operating Income	152.5	310	246	478	870	-101
Interest Expense	-73	-86	-99	-60	-27	-6
Other Non-Operating Income (Expense)	4	-3	-	-1	-	1
Total Non-Operating Income (Expense)	-73	-89	-99	-61	-27	-5
Pretax Income	80.5	221	147	417	843	-106
Provision for Income Taxes	21	52	31	79	197	-34
Net Income	45.5	165	109	348	646	-72
Minority Interest in Earnings	14	4	7	-10	-	-
Net Income to Common	45.5	165	109	348	646	-72
Net Income Growth	-70.26%	51.38%	-68.68%	-46.13%	-	-
Shares Outstanding (Basic)	81	79	78	82	88	88
Shares Outstanding (Diluted)	81	81	79	84	90	88
Shares Change (YoY)	2.93%	2.53%	-5.95%	-6.67%	2.27%	-
EPS (Basic)	2.05	2.11	1.41	4.24	7.34	-0.82
EPS (Diluted)	2.05	2.05	1.39	4.14	7.18	-0.82
EPS Growth	6.22%	47.48%	-66.42%	-42.32%	-	-
Free Cash Flow	-	247	133	273	0	0
Free Cash Flow Growth	-	85.71%	-51.28%	-	-	-
Free Cash Flow Per Share	-	3.05	1.68	3.25	-	-
Gross Margin	36.65%	36.66%	36.27%	35.59%	40.68%	29.02%
Operating Margin	2.39%	4.98%	3.98%	7.53%	12.82%	-1.87%
Profit Margin	0.93%	2.71%	1.88%	5.33%	9.52%	-1.33%
FCF Margin	-	3.96%	2.15%	4.30%	0.00%	0.00%
EBITDA	152.5	568	530	752	870	-101
EBITDA Margin	2.39%	9.12%	8.57%	11.85%	12.82%	-1.87%
EBIT	152.5	310	246	478	870	-101
EBIT Margin	2.39%	4.98%	3.98%	7.53%	12.82%	-1.87%
Effective Tax Rate	26.09%	23.53%	21.09%	18.94%	23.37%	32.08%

Updated Dec 5, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q