V F (VFC) Gross Margin (2009 - 2026)

V F (VFC) posted Gross Margin of 54.93% for Q2 2026, down 2.62% sequentially from 56.41% in Q1 2026, and up 103.0% YoY from 27.06% in Q2 2025.

V F (VFC) Gross Margin (2009 - 2026) Analysis & Trends

V F has reported Gross Margin for 18 years, with the latest figure at 54.93% in Q2 2026.

Quarterly Gross Margin rose 103.0% year-over-year to 54.93% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 54.97% (up 98.0% YoY) and the FY2026 annual result came in at 54.78%, up 129.0% from the prior year.
Gross Margin slipped to 54.93% in Q2 2026 per VFC's latest filing, from 56.41% in the prior quarter.
Over five years, Gross Margin peaked at 56.62% in Q4 2025 and troughed at 47.72% in Q2 2023.
A 5-year average of 53.11% and a median of 53.29% in 2025 frame the typical range for Gross Margin.
The sharpest annual moves came in 2022 and 2023: Gross Margin soared 82260 bps in 2022, then slumped 417 bps in 2023.
Over 5 years, Gross Margin stood at 54.88% in 2022, then fell by 0 bps to 54.64% in 2023, then increased by 3 bps to 56.29% in 2024, then grew by 1 bps to 56.62% in 2025, then retreated by 3 bps to 54.93% in 2026.
According to Business Quant data, Gross Margin over the past three periods registered 54.93%, 56.41%, and 56.62% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	Ralph Lauren	22.40 Bn	20.45 Bn	1.44 Bn	73.69%
2	Gildan Activewear	10.27 Bn	10.00 Bn	459.76 Mn	29.05%
3	Levi Strauss	8.21 Bn	7.24 Bn	979.10 Mn	62.68%
4	V F	5.48 Bn	4.81 Bn	917.04 Mn	54.93%
5	Kontoor Brands	4.35 Bn	4.30 Bn	328.26 Mn	56.18%
6	Ermenegildo Zegna	3.54 Bn	3.19 Bn	-	-
7	Pvh	3.49 Bn	2.90 Bn	1.19 Bn	58.57%
8	Columbia Sportswear	3.04 Bn	2.42 Bn	358.43 Mn	58.34%
9	Figs	2.39 Bn	2.09 Bn	147.86 Mn	75.20%
10	Under Armour	2.19 Bn	1.80 Bn	593.83 Mn	54.09%

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