Vera Bradley, Inc. (VRA) Income Statement
VRA FY2026 at a glance
Fiscal year ended February 28, 2026 · U.S. dollarsVRA revenue and net income
Where VRA's revenue goes
FY2026Each bar shows an amount and its share of revenue. VRA kept −17.7% of revenue as net income.
VRA profit margins
VRA growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −27.5% | −18.6% | −10.5% | −6.0% |
| Gross profit | −33.1% | −19.4% | −14.0% | −7.8% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
VRA quarterly EPS vs estimates
Vera Bradley beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: December 10, 2026 (estimate $-0.20).
VRA income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $269.7M | $372.0M | $470.8M | $500.0M | $540.5M | $468.3M | $495.2M | $416.1M | $454.6M | $485.9M |
| Cost of revenue | $144.6M | $185.1M | $214.4M | $261.0M | $252.5M | $202.8M | $223.4M | $177.5M | $200.6M | $209.9M |
| Gross profit | $125.0M | $186.8M | $256.4M | $238.9M | $287.9M | $265.5M | $271.8M | $238.6M | $254.0M | $276.0M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $157.1M | $221.2M | $241.5M | $318.6M | $262.0M | $252.6M | $253.4M | $212.0M | $239.8M | $249.2M |
| Total operating expenses | $152.6M | $229.2M | $246.0M | $333.8M | $261.0M | $252.5M | $252.3M | $211.5M | $239.0M | $247.8M |
| Operating income | −$27.6M | −$42.4M | $10.4M | −$94.9M | $26.9M | $13.1M | $19.5M | $27.1M | $15.0M | $28.2M |
| Interest income | — | $752,000 | $661,000 | — | — | — | — | — | — | — |
| Interest expense | $462,000 | $1.1M | $890,000 | $153,000 | $263,000 | $1.2M | $100,000 | $1.1M | $413,000 | $378,000 |
| Income before taxes | −$32.4M | −$41.2M | $11.3M | −$95.0M | $26.6M | $11.9M | $20.6M | $28.2M | $15.4M | $28.0M |
| Income taxes | $303,000 | $20.9M | $3.5M | −$15.6M | $6.4M | $1.2M | $5.3M | $7.5M | $8.4M | $8.3M |
| Net income | −$47.8M | −$62.2M | $7.8M | −$59.7M | $17.8M | $8.7M | $16.0M | $20.8M | $7.0M | $19.8M |
| EBITDA | $416,000 | −$3.2M | $47.8M | $9.5M | $59.8M | $56.7M | $65.2M | $43.6M | $34.6M | $47.7M |
| EPS (diluted) | −$0.59 | −$0.65 | $0.96 | $0.52 | $0.58 | $0.62 | $0.80 | $0.59 | $0.69 | $0.34 |
| Gross margin | 46.4% | 50.2% | 54.5% | 47.8% | 53.3% | 56.7% | 54.9% | 57.3% | 55.9% | 56.8% |
| Operating margin | −10.2% | −11.4% | 2.2% | −19.0% | 5.0% | 2.8% | 3.9% | 6.5% | 3.3% | 5.8% |
| Net margin | −17.7% | −16.7% | 1.7% | −11.9% | 3.3% | 1.9% | 3.2% | 5.0% | 1.5% | 4.1% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $71.6M | $55.7M | $84.9M | $62.3M | $70.9M | $51.7M | $100.0M | $70.5M | $94.0M | $67.9M | $133.3M | $115.0M |
| Cost of revenue | $28.8M | $26.9M | $44.3M | $36.1M | $35.4M | $28.9M | $55.0M | $32.1M | $47.3M | $33.9M | $63.6M | $52.0M |
| Gross profit | $42.8M | $28.8M | $40.6M | $26.2M | $35.5M | $22.8M | $45.0M | $38.4M | $46.7M | $34.0M | $69.6M | $63.0M |
| Sales, general & admin | — | $38.7M | $34.1M | $37.2M | $38.7M | $40.4M | $40.8M | $59.6M | $54.2M | $53.6M | $68.3M | $67.2M |
| Total operating expenses | $38.7M | $33.0M | $36.9M | $38.4M | $40.1M | $40.6M | $68.3M | $46.6M | $44.3M | $44.2M | $72.5M | $56.2M |
| Operating income | $4.2M | −$4.2M | $3.7M | −$12.2M | −$4.6M | −$17.9M | −$23.3M | −$8.2M | $2.4M | −$10.1M | −$2.8M | $6.8M |
| Interest income | — | — | — | — | — | — | $4,000 | — | $113,000 | — | $603,000 | — |
| Interest expense | $227,000 | $65,000 | $197,000 | $135,000 | $134,000 | — | — | — | $343,000 | $603,000 | $649,000 | $285,000 |
| Income before taxes | $4.4M | −$4.7M | $2.5M | −$12.3M | −$4.7M | −$17.9M | −$23.3M | −$8.1M | $2.6M | −$10.1M | −$2.2M | $7.1M |
| Income taxes | −$93,000 | $112,000 | −$143,000 | $56,000 | −$17,000 | $407,000 | $23.7M | $5.2M | −$4.9M | −$2.5M | −$325,000 | $2.0M |
| Net income | $4.5M | −$4.8M | $2.7M | −$12.4M | −$4.7M | −$33.5M | −$47.0M | −$12.8M | $5.7M | −$8.1M | −$1.9M | $5.1M |
| EBITDA | $10.9M | $2.5M | $9.6M | −$5.4M | $2.2M | −$10.3M | −$6.6M | −$272,000 | $9.6M | −$3.3M | $10.7M | $14.6M |
| EPS (diluted) | $0.11 | −$0.09 | $0.09 | −$0.30 | −$0.02 | −$0.36 | −$0.30 | −$0.27 | $0.13 | −$0.21 | $0.11 | $0.19 |
| Gross margin | 59.8% | 51.8% | 47.8% | 42.1% | 50.1% | 44.1% | 45.0% | 54.5% | 49.7% | 50.1% | 52.3% | 54.8% |
| Operating margin | 5.8% | −7.5% | 4.4% | −19.6% | −6.5% | −34.6% | −23.3% | −11.6% | 2.5% | −14.9% | −2.1% | 5.9% |
| Net margin | 6.3% | −8.7% | 3.1% | −19.9% | −6.6% | −64.8% | −47.0% | −18.2% | 6.1% | −12.0% | −1.4% | 4.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in VRA's financial statements (latest annual report filed March 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
VRA financial results
In fiscal year 2026 (ended February 28, 2026), Vera Bradley reported revenue of $269.7 million, down 27.5% from the year before. It had a net loss of $47.8 million, a net profit margin of −17.7%. Diluted earnings per share came to −$0.59. Over five years revenue grew at an average rate of −10.5% a year.
See the VRA stock overview for the latest quote and news, or the VRA chart for price history and technical indicators.
VRA income statement FAQ
What is Vera Bradley's annual revenue?
Vera Bradley reported total revenue of $269.7 million for fiscal year 2026, which ended on February 28, 2026. That was down 27.5% from $372.0 million the previous year.
Is Vera Bradley profitable?
No. Vera Bradley reported a net loss of $47.8 million in fiscal 2026, a net profit margin of −17.7%; its operating margin was −10.2%.
What is Vera Bradley's gross margin?
Vera Bradley's gross margin was 46.4% in fiscal 2026: for every $100 of revenue, Vera Bradley kept $46 after the direct cost of its products and services.
How fast is Vera Bradley growing?
Revenue grew −10.5% a year on average over the last five fiscal years, from $468.3 million to $269.7 million.
What are Vera Bradley's earnings per share?
Vera Bradley earned $-0.59 per diluted share in fiscal 2026, compared with $-0.65 a year earlier.
When will Vera Bradley report its next earnings?
Vera Bradley is expected to report results for the quarter ending November 30, 2026 on December 10, 2026 before the market opens.
When does Vera Bradley's fiscal year end?
Vera Bradley's fiscal year ends in February. The latest annual report covers the year ended February 28, 2026 and was filed on March 27, 2026.