V F (VFC) Operating Expenses (2009 - 2026)

V F's (VFC) quarterly Operating Expenses came in at $2.1 billion in Q1 2026, down 5.06% year-on-year from $2.2 billion in Q1 2025, and down 18.64% quarter-over-quarter from $2.6 billion in Q4 2025.

V F (VFC) Operating Expenses (2009 - 2026) Analysis & Trends

V F has disclosed Operating Expenses across 18 years of filings, most recently posting $2.1 billion for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $2.1 billion, down 5.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.0 billion (down 1.87% YoY), and the FY2026 annual result was $9.0 billion, down 1.87% from the prior year.
  • Operating Expenses came in at $2.1 billion for Q1 2026 at V F, down from $2.6 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $3.2 billion in Q4 2022 to a low of $1.7 billion in Q2 2023.
  • The 5-year median for Operating Expenses is $2.5 billion (2023), against an average of $2.4 billion.
  • Across the five-year window, Operating Expenses sank 35.18% in 2023 and surged 53.59% in 2024, its largest moves.
  • V F's Operating Expenses stood at $3.0 billion in 2022, then retreated by 4.75% to $2.9 billion in 2023, then fell by 9.17% to $2.6 billion in 2024, then fell by 0.82% to $2.6 billion in 2025, then declined by 18.64% to $2.1 billion in 2026.
  • The last three Operating Expenses figures came in at $2.1 billion (Q1 2026), $2.6 billion (Q4 2025), and $2.5 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Ermenegildo Zegna 179,116.29 Bn 179,116.03 Bn - -
2 Ralph Lauren 25.18 Bn 23.12 Bn 1.38 Bn 1.19 Bn
3 Levi Strauss 9.24 Bn 8.43 Bn 1.08 Bn 879.60 Mn
4 V F 6.76 Bn 6.55 Bn 1.22 Bn 2.10 Bn
5 Kontoor Brands 4.31 Bn 4.20 Bn 470.76 Mn 896.96 Mn
6 Pvh 3.56 Bn 2.96 Bn 1.19 Bn 1.07 Bn
7 Columbia Sportswear 3.50 Bn 2.96 Bn 394.96 Mn 357.14 Mn
8 Under Armour 2.51 Bn 1.60 Bn 492.04 Mn 517.73 Mn
9 Figs 2.04 Bn 1.77 Bn 108.30 Mn 103.82 Mn
10 G Iii Apparel 1.45 Bn 1.06 Bn 347.75 Mn 49.60 Mn

Historic Data

Download Data
DateValue
Mar 28, 2026 2.10 Bn
Dec 27, 2025 2.59 Bn
Sep 27, 2025 2.49 Bn
Jun 28, 2025 1.85 Bn
Mar 29, 2025 2.22 Bn
Dec 28, 2024 2.61 Bn
Sep 28, 2024 2.48 Bn
Jun 29, 2024 1.89 Bn
Mar 30, 2024 2.62 Bn
Dec 30, 2023 2.87 Bn
Sep 30, 2023 2.57 Bn
Jul 1, 2023 2.10 Bn
Apr 1, 2023 1.71 Bn
Dec 31, 2022 3.01 Bn
Oct 1, 2022 3.17 Bn
Jul 2, 2022 2.20 Bn
Apr 2, 2022 2.63 Bn
Jan 1, 2022 2.95 Bn
Oct 2, 2021 2.64 Bn
Jul 3, 2021 1.99 Bn