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

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

Victoria's Secret (VSXY) 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 -$191.0 million for Q2 2026.

  • On a quarterly basis, Free Cash Flow rose 1.04% year-over-year to -$191.0 million in Q2 2026; TTM through May 2026 was $314.0 million, a 50.24% increase from a year earlier, with the FY2026 full-year figure at $312.0 million, up 26.32% from the prior year.
  • Free Cash Flow slipped to -$191.0 million in Q2 2026 per VSXY's latest filing, from $649.0 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $677.0 million in Q1 2023 and bottomed 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.
  • Across the five-year window, Free Cash Flow plunged 375.81% in 2022 and soared 60.81% in 2023, its largest moves.
  • Year by year, Free Cash Flow 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 rose by 17.67% to -$191.0 million in 2026.
  • Per Business Quant, the three latest VSXY Free Cash Flow figures stand at -$191.0 million (Q2 2026), $649.0 million (Q1 2026), and -$232.0 million (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Tjx Companies 169.48 Bn 163.90 Bn 4.48 Bn 457.00 Mn
2 Ross Stores 74.91 Bn 70.31 Bn 1.80 Bn 920.81 Mn
3 Burlington Stores 21.30 Bn 20.55 Bn 1.26 Bn -69.51 Mn
4 Lululemon Athletica 12.32 Bn 10.51 Bn 2.00 Bn 959.67 Mn
5 Gap 6.81 Bn 4.25 Bn 1.42 Bn 78.00 Mn
6 Victoria's Secret 6.71 Bn 6.55 Bn 585.00 Mn -191.00 Mn
7 Urban Outfitters 5.96 Bn 5.55 Bn 542.57 Mn -3.40 Mn
8 Boot Barn Holdings 4.50 Bn 4.30 Bn 281.24 Mn 107.78 Mn
9 Abercrombie & Fitch 4.04 Bn 3.43 Bn 682.63 Mn -17.09 Mn
10 American Eagle Outfitters 2.94 Bn 2.70 Bn 651.06 Mn 357.32 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