V.F. Corporation (VFC) Income Statement
VFC FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsVFC revenue and net income
Where VFC's revenue goes
FY2026Each bar shows an amount and its share of revenue. VFC kept 2.7% of revenue as net income.
VFC profit margins
VFC growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +1.1% | −4.7% | +0.8% | −1.3% |
| Gross profit | +3.5% | −3.2% | +1.4% | −0.2% |
| Operating income | +99.9% | −15.3% | −0.0% | −9.5% |
| Net income | — | +29.1% | −9.0% | −14.6% |
| EPS (diluted) | −28.9% | −36.5% | −16.1% | −15.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
VFC quarterly EPS vs estimates
V.F. beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 28, 2026 (estimate $0.51).
VFC income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.61B | $9.50B | $9.92B | $11.09B | $11.84B | $9.24B | $10.49B | $10.27B | $11.49B | $11.03B |
| Cost of revenue | $4.34B | $4.42B | $4.80B | $5.29B | $5.38B | $4.33B | $4.67B | $4.64B | $5.61B | $5.57B |
| Gross profit | $5.26B | $5.09B | $5.12B | $5.80B | $6.46B | $4.91B | $5.82B | $5.63B | $5.89B | $5.46B |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $4.65B | $4.61B | $4.64B | $4.82B | $4.77B | $4.12B | $4.53B | $4.38B | $4.51B | $3.90B |
| Total operating expenses | $4.65B | $4.78B | $5.26B | $4.80B | $4.82B | $4.30B | $4.89B | $4.43B | $4.52B | $4.00B |
| Operating income | $607.3M | $303.8M | −$143.9M | $998.7M | $1.63B | $607.6M | $927.8M | $1.19B | $1.37B | $1.46B |
| Interest income | $18.0M | $24.9M | $21.6M | $9.8M | $5.0M | $126.5M | $19.9M | $22.6M | $3.2M | $9.1M |
| Interest expense | $166.8M | $174.1M | $185.9M | $152.5M | $136.5M | $135.7M | $92.0M | $107.7M | $24.4M | $94.7M |
| Income before taxes | $341.2M | $145.2M | −$284.9M | $737.8M | $1.52B | $456.5M | $727.2M | $1.04B | $1.28B | $1.28B |
| Income taxes | $86.3M | $75.8M | $733.6M | −$17.9M | $307.0M | $101.6M | $98.1M | $167.9M | $641.5M | $205.9M |
| Net income | $254.9M | −$189.7M | −$968.9M | $118.6M | $1.39B | $407.9M | $679.4M | $1.26B | $658.6M | $1.07B |
| EBITDA | $788.5M | $729.0M | $782.2M | $1.14B | $1.95B | $1.05B | $1.56B | $1.50B | $1.66B | $1.82B |
| EPS (diluted) | $0.54 | $0.76 | $0.73 | $2.11 | $3.11 | $1.30 | $2.89 | $3.77 | $3.20 | $3.04 |
| Gross margin | 54.8% | 53.5% | 51.6% | 52.3% | 54.5% | 53.2% | 55.5% | 54.8% | 51.2% | 49.5% |
| Operating margin | 6.3% | 3.2% | −1.5% | 9.0% | 13.8% | 6.6% | 8.8% | 11.6% | 11.9% | 13.2% |
| Net margin | 2.7% | −2.0% | −9.8% | 1.1% | 11.7% | 4.4% | 6.5% | 12.3% | 5.7% | 9.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.67B | $2.17B | $2.88B | $2.80B | $1.76B | $2.14B | $2.83B | $2.76B | $1.77B | $2.25B | $2.78B | $2.92B |
| Cost of revenue | $752.3M | $944.1M | $1.28B | $1.34B | $807.4M | $999.8M | $1.24B | $1.32B | $863.0M | $1.17B | $1.26B | $1.43B |
| Gross profit | $917.0M | $1.22B | $1.60B | $1.46B | $953.2M | $1.14B | $1.60B | $1.44B | $906.0M | $1.08B | $1.52B | $1.49B |
| Sales, general & admin | $1.00B | $1.16B | $1.31B | $1.15B | $1.04B | $1.14B | $1.32B | $1.17B | $1.09B | $1.14B | $1.41B | $1.19B |
| Total operating expenses | $1.00B | $1.16B | $1.31B | $1.15B | $1.04B | $1.22B | $1.37B | $1.17B | $1.03B | $1.45B | $1.61B | $1.14B |
| Operating income | −$83.1M | $61.5M | $289.1M | $312.6M | −$86.6M | −$72.9M | $225.8M | $273.9M | −$123.0M | −$373.4M | −$91.2M | $350.5M |
| Interest income | $5.8M | $7.0M | $34.6M | $3.4M | $2.5M | $11.0M | $6.8M | $3.7M | $3.6M | $7.1M | $4.2M | $55.6M |
| Interest expense | $30.4M | $33.8M | $39.7M | $49.6M | $43.6M | $40.1M | $43.3M | $46.4M | $59.2M | $61.8M | $52.7M | $45.7M |
| Income before taxes | −$106.9M | −$163.3M | $362.9M | $268.3M | −$126.6M | −$116.6M | $196.7M | $230.6M | −$165.5M | −$411.8M | −$111.3M | $307.2M |
| Income taxes | −$9.7M | −$44.0M | $62.0M | $78.5M | −$10.2M | $33.7M | $27.6M | $28.0M | −$13.4M | $360,000 | −$19.6M | $758.9M |
| Net income | −$97.2M | −$119.3M | $300.8M | $189.8M | −$116.4M | −$150.8M | $167.8M | $52.2M | −$258.9M | −$418.3M | −$42.5M | −$450.7M |
| EBITDA | −$18.7M | −$62.1M | $497.0M | $392.0M | −$4.6M | $76.7M | $356.2M | $343.2M | −$46.5M | $20.8M | $302.6M | $420.9M |
| EPS (diluted) | −$0.27 | −$0.30 | $0.56 | $0.52 | −$0.24 | −$0.13 | $0.62 | $0.60 | −$0.33 | −$0.32 | $0.57 | $0.63 |
| Gross margin | 54.9% | 56.4% | 55.6% | 52.2% | 54.1% | 53.4% | 56.3% | 52.2% | 51.2% | 47.8% | 54.8% | 51.0% |
| Operating margin | −5.0% | 2.8% | 10.1% | 11.2% | −4.9% | −3.4% | 8.0% | 9.9% | −7.0% | −16.6% | −3.3% | 12.0% |
| Net margin | −5.8% | −5.5% | 10.5% | 6.8% | −6.6% | −7.0% | 5.9% | 1.9% | −14.6% | −18.6% | −1.5% | −15.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in VFC's financial statements (latest annual report filed May 20, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
VFC financial results
In fiscal year 2026 (ended March 31, 2026), V.F. reported revenue of $9.6 billion, up 1.1% from the year before. It had net income of $254.9 million, a net profit margin of 2.7%. Diluted earnings per share came to $0.54. Over five years revenue grew at an average rate of 0.8% a year.
See the VFC stock overview for the latest quote and news, or the VFC chart for price history and technical indicators.
VFC income statement FAQ
What is V.F.'s annual revenue?
V.F. reported total revenue of $9.6 billion for fiscal year 2026, which ended on March 31, 2026. That was up 1.1% from $9.5 billion the previous year.
Is V.F. profitable?
Yes. V.F. reported net income of $254.9 million in fiscal 2026, a net profit margin of 2.7%; its operating margin was 6.3%.
What is V.F.'s gross margin?
V.F.'s gross margin was 54.8% in fiscal 2026: for every $100 of revenue, V.F. kept $55 after the direct cost of its products and services.
How fast is V.F. growing?
Revenue grew 0.8% a year on average over the last five fiscal years, from $9.2 billion to $9.6 billion.
What are V.F.'s earnings per share?
V.F. earned $0.54 per diluted share in fiscal 2026, compared with $0.76 a year earlier.
When will V.F. report its next earnings?
V.F. is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 before the market opens.
When does V.F.'s fiscal year end?
V.F.'s fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on May 20, 2026.