Cost of revenue · 2019–2025

Victoria's Secret cost of revenue

$4.2B+5.7% · FY2025

Victoria's Secret (VSXY) reported $4.2B in cost of revenue for fiscal 2025, +5.7% year on year.

$5.4B2019$3.8B2020$4.0B2021$4.1B2022$3.9B2023$3.9B2024$4.2B2025
Victoria's Secret — Cost of revenue, 2019–2025
Fiscal yearCost of revenueChangeFiling
FY20252026-01-31$4.2B+5.7%Open →
FY20242025-02-01$3.9B+0.2%Open →
FY20232024-02-03$3.9B−3.6%Open →
FY20222023-01-28$4.1B+1.5%Open →
FY20212022-01-29$4.0B+4.8%Open →
FY20202021-01-30$3.8B−29.5%Open →
FY20192020-02-01$5.4B—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2019–2025 compound annual growth −4.4%

Cost of revenue at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Victoria's Secret cost of revenue |url=https://companiesranked.com/en/company/victorias-secret/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Victoria's Secret cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/victorias-secret/cost-of-revenue

BibTeX

@misc{companiesranked-en-company-victorias-secret-cost-of-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{Victoria's Secret cost of revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/victorias-secret/cost-of-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001856437-26-000004 · March 20, 2026

{{cite web |title=Victoria's Secret cost of revenue — 10-K (0001856437-26-000004) |url=https://www.sec.gov/Archives/edgar/data/1856437/000185643726000004/vsco-20260131.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-20}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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