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| Date | Value |
|---|---|
| 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 |