Victoria's Secret (VSCO) Free Cash Flow (2020 - 2026)

Victoria's Secret (VSCO) recorded quarterly Free Cash Flow of $649.0 million in Q1 2026, up 379.74% quarter-over-quarter from -$232.0 million in Q4 2025, and little changed on a YoY basis from $646.0 million in Q1 2025.

Victoria's Secret (VSCO) Free Cash Flow (2020 - 2026) Analysis & Trends

Victoria's Secret's Free Cash Flow history runs 7 years deep, the most recent figure standing at $649.0 million for Q1 2026.

  • In Q1 2026, Free Cash Flow changed 0.46% year-over-year to $649.0 million; the TTM figure through Jan 2026 stood at $312.0 million (up 26.32% YoY), while the FY2026 annual figure was $312.0 million, up 26.32% from the prior year.
  • Free Cash Flow was $649.0 million for Q1 2026 at Victoria's Secret, up from -$232.0 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $677.0 million in Q1 2023 to a low of -$299.0 million in Q4 2024.
  • Historically, Free Cash Flow has averaged $86.6 million across 5 years, with a median of -$50.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Free Cash Flow plunged 375.81% in 2022, then jumped 60.81% in 2023.
  • A 5-year view of Free Cash Flow shows it stood at -$295.0 million in 2022, then rose by 11.53% to -$261.0 million in 2023, then retreated by 14.56% to -$299.0 million in 2024, then rose by 22.41% to -$232.0 million in 2025, then surged by 379.74% to $649.0 million in 2026.
  • The last three Free Cash Flow figures came in at $649.0 million (Q1 2026), -$232.0 million (Q4 2025), and $88.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Tjx Companies 177.75 Bn 172.17 Bn 4.48 Bn 457.00 Mn
2 Ross Stores 74.23 Bn 69.64 Bn 1.80 Bn 920.81 Mn
3 Burlington Stores 19.90 Bn 19.15 Bn 1.26 Bn -227.26 Mn
4 Lululemon Athletica 13.59 Bn 11.78 Bn 2.00 Bn 959.67 Mn
5 Gap 7.91 Bn 5.35 Bn 1.42 Bn 78.00 Mn
6 Urban Outfitters 6.43 Bn 5.73 Bn 599.20 Mn 266.07 Mn
7 Boot Barn Holdings 5.12 Bn 4.92 Bn 281.24 Mn 107.78 Mn
8 Victoria's Secret 4.37 Bn 3.90 Bn 855.00 Mn 649.00 Mn
9 Abercrombie & Fitch 3.57 Bn 2.80 Bn 1.10 Bn 250.58 Mn
10 American Eagle Outfitters 2.83 Bn 2.59 Bn 651.06 Mn 357.32 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 649.00 Mn
Jan 31, 2026 649.00 Mn
Nov 1, 2025 -232.00 Mn
Nov 1, 2025 -232.00 Mn
Aug 2, 2025 88.00 Mn
Aug 2, 2025 88.00 Mn
May 3, 2025 -193.00 Mn
May 3, 2025 -193.00 Mn
Feb 1, 2025 646.00 Mn
Feb 1, 2025 646.00 Mn
Nov 2, 2024 -299.00 Mn
Nov 2, 2024 -299.00 Mn
Aug 3, 2024 55.00 Mn
Aug 3, 2024 55.00 Mn
May 4, 2024 -155.00 Mn
May 4, 2024 -155.00 Mn
Feb 3, 2024 557.00 Mn
Feb 3, 2024 557.00 Mn
Oct 28, 2023 -261.00 Mn
Oct 28, 2023 -261.00 Mn