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Victoria's Secret (VSXY) free cash flow by quarter

Victoria's Secret's free cash flow was $328M in Q2 FY27 (second quarter fiscal 2027), -49% from Q4 FY26. Over the last 4 quarters it ranged from $88.0M (Q2 FY26) to $649M (Q4 FY26).

Victoria's Secret free cash flow by quarterVictoria's Secret free cash flow by quarter$646MQ4 FY25$88.0MQ2 FY26$649MQ4 FY26$328MQ2 FY27
QuarterFree cash flowQ/QY/Y
Q2 FY27$328M-49%+273%
Q4 FY26$649M+638%+0.5%
Q2 FY26$88.0M-86%—
Q4 FY25$646M——

Q2 FY27 at a glance

Victoria's Secret, Q2 FY27: revenue $1.6B (+10% year over year), operating margin 16.0%, net earnings $183M, operating cash flow $402M. The chart follows the revenue to costs, profit and cash.

Questions

What is Victoria's Secret's free cash flow?

Victoria's Secret's free cash flow was $328M in Q2 FY27 (second quarter fiscal 2027), -49% from Q4 FY26.

How has Victoria's Secret's free cash flow changed?

Over the last 4 quarters it ranged from $88.0M (Q2 FY26) to $649M (Q4 FY26).

Q2 FY27 results → · How Victoria's Secret makes money →