Filing Flows › V F (VFC) › Q2 FY26
V F (VFC) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Oct 28, 2025
V F (VFC) reported revenue of $2.8B for the second quarter fiscal 2026 (Q2 FY26), +2% from a year earlier and +59% from the quarter before. Operating margin was 11.2%, net earnings $190M (6.8% of revenue).
V F, Q2 FY26: revenue $2.8B (+2% year over year), operating margin 11.2%, net earnings $190M, operating cash flow −$227M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8B | +59% | +2% |
| Operating profit | $313M | — | +14% |
| Net earnings | $190M | — | +264% |
| Operating cash flow | −$227M | — | — |
What changed
Revenue was $2.8B in Q2 FY26, up 2% year over year and up 59% from the previous quarter.
Operating profit was $0.31B, a 11.2% margin (up 1.2 points year over year). Of the extra revenue versus a year earlier, 87% reached operating profit, above the 10% margin then. Total costs grew 0% against revenue growth of 2%. Net earnings were $0.19B, up 264% year over year. The effective tax rate was 29.3%.
Operating cash flow was −$0.23B. Non-cash charges added back $0.07B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.50B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.25B.
Questions
What was V F's revenue in the second quarter fiscal 2026?
V F (VFC) reported revenue of $2.8B for the second quarter fiscal 2026 (Q2 FY26), +2% from a year earlier and +59% from the quarter before.
Was V F profitable in the second quarter fiscal 2026?
Operating profit was $313M (11.2% of revenue) and net earnings $190M.
Source: V F 10-Q on SEC EDGAR.