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

Victoria's Secret's Net Margin history runs 7 years deep, the most recent figure standing at 3.65% for Q2 2026.

• On a quarterly basis, Net Margin rose 343.0% year-over-year to 3.65% in Q2 2026; TTM through May 2026 was 3.61%, a 81.0% increase from a year earlier, with the FY2026 full-year figure at 2.88%, up 17.0% from the prior year.
• Net Margin eased to 3.65% in Q2 2026 per VSXY's latest filing, from 8.81% in the prior quarter.
• Across five years, Net Margin topped out at 11.26% in Q1 2022 and bottomed at 5.61% in Q4 2023.
• The 5-year median for Net Margin is 1.96% (2022), against an average of 2.97%.
• Across the five-year window, Net Margin sank 728 bps in 2023 and surged 343 bps in 2026, its largest moves.
• Year by year, Net Margin stood at 1.67% in 2022, then plunged by 436 bps to 5.61% in 2023, then climbed by 27 bps to 4.08% in 2024, then surged by 48 bps to 2.11% in 2025, then surged by 273 bps to 3.65% in 2026.
• Per Business Quant, the three latest VSXY Net Margin figures stand at 3.65% (Q2 2026), 8.81% (Q1 2026), and 2.11% (Q4 2025).