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