VERA BRADLEY, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $269.7M | $318.8M | $383.7M | $500.0M | $540.5M | $468.3M | $495.2M | $416.1M |
| Cost of Revenue | $144.6M | $160.0M | $179.7M | $261.0M | $252.5M | $202.8M | $223.4M | $177.5M |
| Gross Profit | $125.0M | $158.8M | $204.0M | $238.9M | $287.9M | $265.5M | $271.8M | $238.6M |
| Gross Margin | 46.4% | 49.8% | 53.2% | 47.8% | 53.3% | 56.7% | 54.9% | 57.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $158.1M | $188.5M | $193.2M | $265.0M | $262.0M | $252.6M | $253.4M | $212.0M |
| Operating Income | $-31.9M | $-28.8M | $11.6M | $-94.9M | $26.9M | $13.1M | $19.5M | $27.1M |
| Operating Margin | -11.8% | -9.0% | 3.0% | -19.0% | 5.0% | 2.8% | 3.9% | 6.5% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-32.4M | $-28.0M | $12.3M | $-95.0M | $26.6M | $11.9M | $20.6M | $28.2M |
| Income Tax Expense | $303.0K | $5.3M | $3.7M | $-15.6M | $6.4M | $1.2M | $5.3M | $7.5M |
| Net Income | $-47.8M | $-62.2M | $7.8M | $-59.7M | $17.8M | $8.7M | $16.0M | $20.8M |
| Net Margin | -17.7% | -19.5% | 2.0% | -11.9% | 3.3% | 1.9% | 3.2% | 5.0% |
| EPS (Basic) | $-1.71 | $-2.15 | $0.25 | $-1.90 | $0.53 | $0.26 | $0.47 | $0.59 |
| EPS (Diluted) | $-1.71 | $-2.15 | $0.25 | $-1.90 | $0.52 | $0.26 | $0.47 | $0.59 |
| Shares Outstanding (Basic) | 27.9M | 28.9M | 30.8M | 31.5M | 33.8M | 33.4M | 34.0M | 35.2M |
| Shares Outstanding (Diluted) | 27.9M | 28.9M | 31.3M | 31.5M | 34.4M | 33.9M | 34.3M | 35.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |