Victoria's Secret & Co. Income Statement

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

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 2, 2026	Jan '26 Jan 31, 2026	Feb '25 Feb 1, 2025	Feb '24 Feb 3, 2024	Jan '23 Jan 28, 2023	Jan '22 Jan 29, 2022
Revenue	6,773	6,553	6,230	6,182	6,344	6,785
Revenue Growth (YoY)	8.12%	5.18%	0.78%	-2.55%	-6.50%	25.35%
Cost of Revenue	4,261	4,169	3,946	3,940	4,086	4,025
Gross Profit	2,512	2,384	2,284	2,242	2,258	2,760
Selling, General & Admin	2,245	2,113	1,974	1,996	1,780	1,890
Total Operating Expenses	2,245	2,113	1,974	1,996	1,780	1,890
Operating Income	-19	271	310	246	478	870
Interest Expense	-68	-70	-86	-99	-60	-27
Other Non-Operating Income (Expense)	7	7	-3	-	-1	-
Total Non-Operating Income (Expense)	-68	-63	-89	-99	-61	-27
Pretax Income	-37	208	221	147	417	843
Provision for Income Taxes	-6	19	52	31	79	197
Net Income	-31	189	169	116	338	646
Minority Interest in Earnings	36	28	4	7	-10	-
Net Income to Common	-37	161	165	109	348	646
Net Income Growth	-	-2.42%	51.38%	-68.68%	-46.13%	-
Shares Outstanding (Basic)	81	80	79	78	82	88
Shares Outstanding (Diluted)	84	83	81	79	84	90
Shares Change (YoY)	3.36%	2.47%	2.53%	-5.95%	-6.67%	2.27%
EPS (Basic)	1.95	2.00	2.11	1.41	4.24	7.34
EPS (Diluted)	1.85	1.93	2.05	1.39	4.14	7.18
EPS Growth	2.78%	-5.85%	47.48%	-66.42%	-42.32%	-
Free Cash Flow	-6	312	247	133	273	682
Free Cash Flow Growth	-	26.32%	85.71%	-51.28%	-59.97%	24.68%
Free Cash Flow Per Share	-0.07	3.76	3.05	1.68	3.25	7.58
Gross Margin	37.09%	36.38%	36.66%	36.27%	35.59%	40.68%
Operating Margin	-0.28%	4.14%	4.98%	3.98%	7.53%	12.82%
Profit Margin	-0.46%	2.88%	2.71%	1.88%	5.33%	9.52%
FCF Margin	-0.09%	4.76%	3.96%	2.15%	4.30%	10.05%
EBITDA	208	509	568	530	752	1,173
EBITDA Margin	3.07%	7.77%	9.12%	8.57%	11.85%	17.29%
EBIT	-19	271	310	246	478	870
EBIT Margin	-0.28%	4.14%	4.98%	3.98%	7.53%	12.82%
Effective Tax Rate	16.22%	9.13%	23.53%	21.09%	18.94%	23.37%