V F (VFC) Gross Margin (2009 - 2026)
V F's (VFC) quarterly Gross Margin came in at 56.41% in Q1 2026, up 312.0% year-on-year from 13.69% in Q1 2025, and little changed quarter-over-quarter from 56.62% in Q4 2025.
V F (VFC) Gross Margin (2009 - 2026) Analysis & Trends
V F has disclosed Gross Margin across 18 years of filings, most recently posting 56.41% for Q1 2026.
- Gross Margin for Q1 2026 came in at 56.41%, up 312.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 54.78% (up 129.0% YoY), and the FY2026 annual result was 54.78%, up 129.0% from the prior year.
- Gross Margin came in at 56.41% for Q1 2026 at V F, roughly flat from 56.62% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 56.62% in Q4 2025 to a low of 47.72% in Q2 2023.
- The 5-year median for Gross Margin is 53.03% (2025), against an average of 53.01%.
- Across the five-year window, Gross Margin jumped 82260 bps in 2022 and slumped 417 bps in 2023, its largest moves.
- V F's Gross Margin stood at 54.88% in 2022, then dropped by 0 bps to 54.64% in 2023, then climbed by 3 bps to 56.29% in 2024, then advanced by 1 bps to 56.62% in 2025, then dropped by 0 bps to 56.41% in 2026.
- The last three Gross Margin figures came in at 56.41% (Q1 2026), 56.62% (Q4 2025), and 52.18% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ermenegildo Zegna | 179,116.29 Bn | 179,116.03 Bn | - | - |
| 2 | Ralph Lauren | 25.18 Bn | 23.12 Bn | 1.38 Bn | 69.68% |
| 3 | Levi Strauss | 9.24 Bn | 8.43 Bn | 1.08 Bn | 61.88% |
| 4 | V F | 6.76 Bn | 6.55 Bn | 1.22 Bn | 56.41% |
| 5 | Kontoor Brands | 4.31 Bn | 4.20 Bn | 470.76 Mn | 46.24% |
| 6 | Pvh | 3.56 Bn | 2.96 Bn | 1.19 Bn | 58.57% |
| 7 | Columbia Sportswear | 3.50 Bn | 2.96 Bn | 394.96 Mn | 50.70% |
| 8 | Under Armour | 2.51 Bn | 1.60 Bn | 492.04 Mn | 42.01% |
| 9 | Figs | 2.04 Bn | 1.77 Bn | 108.30 Mn | 67.73% |
| 10 | G Iii Apparel | 1.45 Bn | 1.06 Bn | 347.75 Mn | 64.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 56.41% |
| Dec 27, 2025 | 56.62% |
| Sep 27, 2025 | 52.18% |
| Jun 28, 2025 | 53.90% |
| Mar 29, 2025 | 53.29% |
| Dec 28, 2024 | 56.29% |
| Sep 28, 2024 | 52.23% |
| Jun 29, 2024 | 51.20% |
| Mar 30, 2024 | 47.83% |
| Dec 30, 2023 | 54.64% |
| Sep 30, 2023 | 51.02% |
| Jul 1, 2023 | 52.78% |
| Apr 1, 2023 | 47.72% |
| Dec 31, 2022 | 54.88% |
| Oct 1, 2022 | 51.37% |
| Jul 2, 2022 | 53.88% |
| Apr 2, 2022 | 51.90% |
| Jan 1, 2022 | 56.06% |
| Oct 2, 2021 | 53.74% |
| Jul 3, 2021 | 56.46% |