Victoria's Secret (VSXY) Cost of Revenue (2020 - 2026)

Victoria's Secret's (VSXY) quarterly Cost of Revenue came in at $975.0 million in Q2 2026, up 10.92% year-on-year from $879.0 million in Q2 2025, and down 31.05% quarter-over-quarter from $1.4 billion in Q1 2026.

Victoria's Secret (VSXY) Cost of Revenue (2020 - 2026) Analysis & Trends

Victoria's Secret's Cost of Revenue history runs 7 years deep, the most recent figure standing at $975.0 million for Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 10.92% year-over-year to $975.0 million in Q2 2026; TTM through May 2026 was $4.3 billion, a 7.51% increase from a year earlier, with the FY2026 full-year figure at $4.2 billion, up 5.65% from the prior year.
  • Cost of Revenue declined to $975.0 million in Q2 2026 per VSXY's latest filing, from $1.4 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $1.4 billion in Q1 2026 and bottomed at $838.0 million in Q4 2023.
  • The 5-year median for Cost of Revenue is $940.0 million (2023), against an average of $1.0 billion.
  • Across the five-year window, Cost of Revenue slipped 5.93% in 2023 and rose 10.92% in 2026, its largest moves.
  • Year by year, Cost of Revenue stood at $861.0 million in 2022, then dropped by 2.67% to $838.0 million in 2023, then increased by 4.89% to $879.0 million in 2024, then advanced by 6.48% to $936.0 million in 2025, then grew by 4.17% to $975.0 million in 2026.
  • Per Business Quant, the three latest VSXY Cost of Revenue figures stand at $975.0 million (Q2 2026), $1.4 billion (Q1 2026), and $936.0 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Tjx Companies 173.13 Bn 167.55 Bn 4.48 Bn 9.84 Bn
2 Ross Stores 78.41 Bn 73.81 Bn 1.80 Bn 4.83 Bn
3 Burlington Stores 22.45 Bn 21.71 Bn 1.26 Bn 1.59 Bn
4 Lululemon Athletica 14.05 Bn 12.25 Bn 2.00 Bn 1.64 Bn
5 Gap 7.19 Bn 4.63 Bn 1.42 Bn 2.08 Bn
6 Victoria's Secret 6.94 Bn 6.74 Bn 585.00 Mn 975.00 Mn
7 Urban Outfitters 6.36 Bn 5.95 Bn 542.57 Mn 938.78 Mn
8 Boot Barn Holdings 4.72 Bn 4.52 Bn 281.24 Mn 424.40 Mn
9 Abercrombie & Fitch 4.48 Bn 3.86 Bn 682.63 Mn 431.20 Mn
10 American Eagle Outfitters 3.06 Bn 2.82 Bn 651.06 Mn 1.16 Bn

Historic Data

Download Data
DateValue
May 2, 2026 975.00 Mn
May 2, 2026 975.00 Mn
Jan 31, 2026 1.41 Bn
Jan 31, 2026 1.41 Bn
Nov 1, 2025 936.00 Mn
Nov 1, 2025 936.00 Mn
Aug 2, 2025 940.00 Mn
Aug 2, 2025 940.00 Mn
May 3, 2025 879.00 Mn
May 3, 2025 879.00 Mn
Feb 1, 2025 1.29 Bn
Feb 1, 2025 1.29 Bn
Nov 2, 2024 879.00 Mn
Nov 2, 2024 879.00 Mn
Aug 3, 2024 916.00 Mn
Aug 3, 2024 916.00 Mn
May 4, 2024 858.00 Mn
May 4, 2024 858.00 Mn
Feb 3, 2024 1.26 Bn
Feb 3, 2024 1.26 Bn