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

Victoria's Secret (VSXY) recorded quarterly Free Cash Flow of -$191.0 million in Q2 2026, down 129.43% quarter-over-quarter from $649.0 million in Q1 2026, and up 1.04% year-on-year from -$189.0 million in Q2 2025.

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

Victoria's Secret has disclosed Free Cash Flow across 7 years of filings, most recently posting -$191.0 million for Q2 2026.

  • For the quarter ending Q2 2026, Free Cash Flow rose 1.04% year-over-year to -$191.0 million; the trailing twelve-month figure through May 2026 stood at $314.0 million (up 50.24% YoY), and the FY2026 full-year result was $312.0 million, up 26.32% from the prior year.
  • Free Cash Flow was -$191.0 million for Q2 2026 at Victoria's Secret, down from $649.0 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $677.0 million in Q1 2023 and troughed at -$299.0 million in Q4 2024.
  • The 5-year median for Free Cash Flow is -$155.0 million (2024), against an average of $70.3 million.
  • The sharpest annual moves came in 2022 and 2023: Free Cash Flow slumped 375.81% in 2022, then soared 60.81% in 2023.
  • Year by year, Free Cash Flow stood at -$295.0 million in 2022, then grew by 11.53% to -$261.0 million in 2023, then declined by 14.56% to -$299.0 million in 2024, then grew by 22.41% to -$232.0 million in 2025, then grew by 17.67% to -$191.0 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were -$191.0 million in Q2 2026, $649.0 million in Q1 2026, and -$232.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Tjx Companies 181.87 Bn 176.29 Bn 4.48 Bn 457.00 Mn
2 Ross Stores 73.96 Bn 69.37 Bn 1.80 Bn 920.81 Mn
3 Burlington Stores 20.47 Bn 19.72 Bn 1.26 Bn -227.26 Mn
4 Lululemon Athletica 14.32 Bn 12.51 Bn 2.00 Bn 959.67 Mn
5 Gap 7.96 Bn 5.40 Bn 1.42 Bn 78.00 Mn
6 Urban Outfitters 6.65 Bn 5.96 Bn 542.57 Mn -3.40 Mn
7 Boot Barn Holdings 5.21 Bn 5.01 Bn 281.24 Mn 107.78 Mn
8 Victoria's Secret 4.42 Bn 4.27 Bn 585.00 Mn -191.00 Mn
9 Abercrombie & Fitch 3.77 Bn 3.16 Bn 699.98 Mn -17.09 Mn
10 Victoria's Secret - - 585.00 Mn -191.00 Mn

Historic Data

Download Data
DateValue
May 2, 2026 -191.00 Mn
May 2, 2026 -191.00 Mn
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