Victoria's Secret (VSCO) Gross Margin (2020 - 2026)
Victoria's Secret (VSCO) has 6 years of Gross Margin data on record, last reported at 36.41% in Q4 2025.
- For Q4 2025, Gross Margin rose 167.0% year-over-year to 36.41%; the TTM value through Nov 2025 reached 36.67%, down 33.0%, while the annual FY2025 figure was 36.66%, 39.0% up from the prior year.
- Gross Margin reached 36.41% in Q4 2025 per VSCO's latest filing, up from 35.57% in the prior quarter.
- Across five years, Gross Margin topped out at 43.24% in Q2 2021 and bottomed at 33.75% in Q4 2023.
- Average Gross Margin over 5 years is 37.19%, with a median of 36.05% recorded in 2023.
- Peak YoY movement for Gross Margin: surged 4089bps in 2021, then crashed -807bps in 2022.
- A 5-year view of Gross Margin shows it stood at 39.21% in 2021, then decreased by -12bps to 34.67% in 2022, then fell by -3bps to 33.75% in 2023, then increased by 3bps to 34.74% in 2024, then increased by 5bps to 36.41% in 2025.
- Per Business Quant database, its latest 3 readings for Gross Margin were 36.41% in Q4 2025, 35.57% in Q3 2025, and 35.03% in Q2 2025.