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

Victoria's Secret has disclosed Net Margin across 7 years of filings, most recently posting 3.65% for Q2 2026.

• For the quarter ending Q2 2026, Net Margin rose 343.0% year-over-year to 3.65%; the trailing twelve-month figure through May 2026 stood at 3.61% (up 81.0% YoY), and the FY2026 full-year result was 2.88%, up 17.0% from the prior year.
• Net Margin was 3.65% for Q2 2026 at Victoria's Secret, down from 8.81% in the prior quarter.
• Over five years, Net Margin peaked at 11.26% in Q1 2022 and troughed at 5.61% in Q4 2023.
• The 5-year median for Net Margin is 1.96% (2022), against an average of 2.97%.
• The sharpest annual moves came in 2023 and 2026: Net Margin tumbled 728 bps in 2023, then surged 343 bps in 2026.
• Year by year, Net Margin stood at 1.67% in 2022, then slumped by 436 bps to 5.61% in 2023, then gained by 27 bps to 4.08% in 2024, then soared by 48 bps to 2.11% in 2025, then soared by 273 bps to 3.65% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 3.65% in Q2 2026, 8.81% in Q1 2026, and 2.11% in Q4 2025.