Victoria's Secret (VSXY) Gross Margin (2020 - 2026)

Victoria's Secret has reported Gross Margin for 7 years, with the latest figure at 47.11% in Q3 2026.

• On a quarterly basis, Gross Margin rose 1154.0% year-over-year to 47.11% in Q3 2026; TTM through Aug 2026 was 39.57%, a 327.0% increase from a year earlier, with the FY2026 full-year figure at 36.38%, down 28.0% from the prior year.
• Gross Margin was 47.11% for Q3 2026 at Victoria's Secret, up from 37.5% in the prior quarter.
• The five-year high for Gross Margin was 47.11% in Q3 2026, with the low at 33.75% in Q4 2023.
• Average Gross Margin over 5 years is 36.8%, with a median of 35.68% recorded in 2023.
• The sharpest annual moves came in 2022 and 2026: Gross Margin plunged 807 bps in 2022, then soared 1154 bps in 2026.
• Over 5 years, Gross Margin stood at 34.67% in 2022, then retreated by 3 bps to 33.75% in 2023, then rose by 3 bps to 34.74% in 2024, then rose by 5 bps to 36.41% in 2025, then advanced by 29 bps to 47.11% in 2026.
• The last three Gross Margin figures came in at 47.11% (Q3 2026), 37.5% (Q2 2026), and 37.68% (Q1 2026), per Business Quant data.