Filing Flows › Vera Bradley (VRA) › Q1 FY26
Vera Bradley (VRA) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jun 11, 2025
Vera Bradley (VRA) reported revenue of $51.7M for the first quarter fiscal 2026 (Q1 FY26), -24% from a year earlier and -40% from the quarter before. Operating margin was -34.6%, net loss $18.3M (35.4% of revenue).
Vera Bradley, Q1 FY26: revenue $51.7M (-24% year over year), operating margin -34.6%, net loss $18.3M, operating cash flow −$17.9M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $51.7M | -40% | -24% |
| Operating profit | −$17.9M | — | — |
| Net earnings | −$18.3M | — | — |
| Operating cash flow | −$17.9M | -183% | — |
What changed
Revenue was $51.7M in Q1 FY26, down 24% year over year and down 40% from the previous quarter. Bags was the largest line at 42% of revenue. Bags lost $8.4M year over year (down 28%), 52% of the total change.
Gross margin was 44.1%, down 6.0 points from a year earlier. Operating costs exceeded revenue by $17.9M, an operating margin of -34.6%. Operating expenses fell 9% while revenue fell 24%. The quarter ended with a net loss of $18.3M, narrower than the previous quarter's $47.0M loss.
Operating cash flow was −$17.9M. Non-cash charges added back $2.2M of depreciation and amortization and $754K of share-based compensation. Working capital and other items used $2.6M. Capital expenditures of $1.9M exceeded it, leaving free cash flow of −$19.8M.
Questions
What was Vera Bradley's revenue in the first quarter fiscal 2026?
Vera Bradley (VRA) reported revenue of $51.7M for the first quarter fiscal 2026 (Q1 FY26), -24% from a year earlier and -40% from the quarter before.
Was Vera Bradley profitable in the first quarter fiscal 2026?
Operating loss was $17.9M (-34.6% of revenue) and net loss $18.3M.
Source: Vera Bradley 10-Q on SEC EDGAR.