How does V.F. (VFC) make money?

V.F. (VFC) generates revenue primarily from Outdoor, which accounted for 67.8% of total revenue in TTM through Q1 2026. The company reported $9.61B in revenue and converted 2.7% of it into net profit, equivalent to roughly $254.92M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of V.F. (VFC)?

V.F. (VFC) reported a gross profit margin of 54.5% in TTM through Q1 2026, equivalent to $5.24B in gross profit on $9.61B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of V.F. (VFC)?

V.F. (VFC) reported an operating profit margin of 6% in TTM through Q1 2026, equivalent to $576.57M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of V.F. (VFC)?

V.F. (VFC) reported a net profit margin of 2.7% in TTM through Q1 2026, equivalent to $254.92M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is V.F. (VFC) profitable?

Yes. V.F. (VFC) reported $254.92M in net income for TTM through Q1 2026, with a net profit margin of 2.7%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does V.F. (VFC) spend on capital expenditures?

V.F. (VFC) spent $148.66M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 1.5% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does V.F. (VFC) generate?

V.F. (VFC) generated $510.01M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 5.3%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of V.F. (VFC)?

V.F. (VFC) had an effective tax rate of 25.3% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of V.F. (VFC)?

V.F. (VFC) reports revenue across 2 reportable product segments, led by Outdoor at 67.8% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does V.F. (VFC) generate most of its revenue?

UNITED STATES is the largest geographic market for V.F. (VFC), accounting for 50.3% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How V.F. Makes Money: 2026 Visual Revenue Map

V.F. (VFC) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 28, 2026 (reported May 20, 2026).

V.F. (VFC) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for V.F. (VFC) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Outdoor	$6.52B	67.8%
Active	$3.09B	32.2%
Total	$9.61B	100%

Outdoor$6.52B
Active$3.09B
Total$9.61B

V.F. (VFC) Revenue by Geography — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for V.F. (VFC), TTM through Q1 2026
Region	Revenue (USD)	% of total
UNITED STATES	$4.83B	50.3%
Europe	$3.37B	35.1%
Asia Pacific	$1.40B	14.6%
Total	$9.61B	100%

UNITED STATES
Europe
Asia Pacific
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, V.F. (VFC) reports revenue across 2 operating segments; the largest segment was Outdoor at 67.8%, followed by Active (32.2%). Separately, by end-market geography, UNITED STATES accounted for 50.3% of revenue, followed by Europe (35.1%) and Asia Pacific (14.6%).

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