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