Vera Bradley Inc. (VRA) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 26	-$0.11	-$0.3	-172.7%	—	$62.3M	—
Q2 26	-$0.15	-$0.02	+86.7%	—	$70.9M	—
Q1 26	-$0.12	-$0.36	-200.0%	—	$51.7M	—
Q4 25	$0.07	-$0.3	-528.6%	—	$100M	—
Q3 25	$0.06	-$0.27	-550.0%	—	$80.6M	—
Q2 25	$0.17	$0.13	-23.5%	—	$110.8M	—
Q1 25	—	-$0.21	—	—	$80.6M	—
Q4 24	$0.14	$0.11	-21.4%	—	$133.3M	—
Q3 24	$0.09	$0.19	+111.1%	—	$115M	—
Q2 24	$0.12	$0.33	+175.0%	—	$128.2M	—
Q1 24	-$0.2	-$0.09	+55.0%	—	$94.4M	—
Q4 23	$0.15	$0.16	+6.7%	—	$147.1M	—
Q3 23	$0.09	$0.2	+122.2%	—	$124M	—
Q2 23	$0.12	$0.08	-33.3%	—	$130.4M	—
Q1 23	-$0.16	-$0.19	-18.8%	—	$98.5M	—
Q4 22	$0.23	$0.17	-26.1%	—	$149.6M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	-$1.71	—	—	$269.7M	—
FY25	—	-$2.15	—	—	$372M	—
FY24	—	$0.25	—	—	$470.8M	—
FY23	—	-$1.9	—	—	$500M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$485.9M	$454.6M	$416.1M	$495.2M	$468.3M	$540.5M	$500M	$470.8M	$372M	$269.7M
YoY change	-3.31%	-6.44%	-8.48%	+19%	-5.44%	+15.4%	-7.49%	-5.84%	-21%	-27.5%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	485.9M	454.6M	416.1M	495.2M	468.3M	540.5M	500M	470.8M	372M	269.7M
Cost of revenue	209.9M	200.6M	177.5M	223.4M	202.8M	252.5M	261M	214.4M	185.1M	144.6M
Gross profit	276M	254M	238.6M	271.8M	265.5M	287.9M	238.9M	256.4M	186.8M	125M
Gross margin	56.8%	55.9%	57.3%	54.9%	56.7%	53.3%	47.8%	54.5%	50.2%	46.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	249.2M	239.8M	212M	253.4M	252.6M	262M	265M	241.5M	221.2M	157.1M
Operating expenses	247.8M	239M	211.5M	252.3M	252.5M	261M	264.6M	240.5M	220.4M	155.9M
Operating income	28.2M	15M	27.1M	19.5M	13.1M	26.9M	-25.6M	15.9M	-33.5M	-30.9M
Operating margin	5.81%	3.3%	6.51%	3.93%	2.79%	4.98%	-5.12%	3.37%	-9.01%	-11.5%
Non-operating income, net	—	—	—	—	—	—	-69.3M	-5.4M	-8.8M	-1M
Pretax income	28M	15.4M	28.2M	20.6M	11.9M	26.6M	-95M	11.3M	-41.2M	-32.4M
Income tax	8.3M	8.4M	7.5M	5.3M	1.2M	6.4M	-15.6M	3.5M	20.9M	303K
Net income	19.8M	7M	20.8M	15.2M	10.7M	20.2M	-79.4M	7.8M	-62.2M	-47.8M
Net margin	4.07%	1.54%	4.99%	3.08%	2.28%	3.74%	-15.9%	1.66%	-16.7%	-17.7%
EBITDA	47.7M	34.6M	43.6M	65.2M	56.7M	59.8M	77.3M	53.2M	5.6M	-2.9M
EPS	0.54	0.2	0.59	0.47	0.26	0.53	-1.9	0.25	-2.15	-1.71
Diluted EPS	0.53	0.19	0.59	0.47	0.26	0.52	-1.9	0.25	-2.15	-1.71

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	128.2M	115M	133.3M	80.6M	110.8M	80.6M	100M	51.7M	70.9M	62.3M	84.9M	55.7M
Cost of revenue	56.2M	52M	63.6M	38.7M	54.5M	37M	55M	28.9M	35.4M	36.1M	44.3M	26.9M
Gross profit	72M	63M	69.6M	41.9M	56.4M	43.6M	45M	22.8M	35.5M	26.2M	40.6M	28.8M
Gross margin	56.2%	54.8%	52.3%	52%	50.9%	54.1%	45%	44.1%	50.1%	42.1%	47.8%	51.8%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	59.4M	56.4M	67.2M	53.8M	53.6M	54.2M	59.6M	40.8M	40.4M	38.7M	37.2M	34.1M
Operating expenses	59.1M	56.2M	67M	53.3M	53.5M	54.1M	59.4M	40.6M	40.1M	38.4M	36.9M	33.5M
Operating income	12.9M	6.8M	2.6M	-11.4M	2.9M	-10.5M	-14.5M	-17.9M	-4.6M	-12.2M	3.7M	-4.6M
Operating margin	10%	5.9%	1.95%	-14.2%	2.59%	-13%	-14.5%	-34.6%	-6.48%	-19.6%	4.37%	-8.34%
Non-operating income, net	—	—	—	—	—	—	—	—	—	—	—	—
Pretax income	12.9M	7.1M	-2.2M	-10.8M	3.2M	-10.4M	-23.3M	-17.9M	-4.7M	-12.3M	2.5M	-4.7M
Income tax	3.6M	2M	-325K	-2.7M	-2.5M	2.4M	23.7M	407K	-17K	56K	-143K	112K
Net income	9.3M	5.1M	-1.9M	-8.1M	5.7M	-12.8M	-47M	-33.5M	-4.7M	-12.4M	2.7M	-4.8M
Net margin	7.22%	4.45%	-1.39%	-10.1%	5.15%	-15.9%	-47%	-64.8%	-6.59%	-19.9%	3.13%	-8.66%
EBITDA	20.7M	14.6M	16.1M	-4.1M	10M	-2.6M	-6.6M	-10.3M	2.2M	-5.4M	9.6M	2.1M
EPS	0.3	0.17	-0.06	-0.26	0.19	-0.46	-1.69	-1.2	-0.17	-0.44	0.1	-0.17
Diluted EPS	0.3	0.16	-0.06	-0.26	0.19	-0.46	-1.69	-1.2	-0.17	-0.44	0.09	-0.17

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	422.2M	333.7M	315.2M	325.6M	282.1M	276.7M	187.4M	236.8M	108.2M	67M	119.1M
Enterprise value	305.6M	210.8M	182.4M	401.8M	330.5M	287.8M	235.2M	240.5M	167.5M	119M	152.2M
Shares outstanding	36.8M	35.9M	35.2M	34M	33.4M	33.8M	31.5M	30.8M	28.9M	27.9M	27.9M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	21.4	47.6	15.2	21.4	26.4	13.7	—	30.2	—	—	269
P/S	0.87	0.73	0.76	0.66	0.6	0.51	0.37	0.5	0.29	0.25	0.43
P/B	1.49	1.17	1.07	0.98	0.82	0.77	0.72	0.91	0.6	0.51	0.93
EV/EBITDA	6.4	6.1	4.18	6.16	5.83	4.81	3.04	4.52	29.8	-40.8	-104.5
EV/Sales	0.63	0.46	0.44	0.81	0.71	0.53	0.47	0.51	0.45	0.44	0.55
Earnings yield	4.68%	2.1%	6.58%	4.68%	3.79%	7.31%	—	3.31%	—	—	0.37%
FCF yield	10.5%	9.23%	11.2%	2.24%	5.3%	12.4%	-11.6%	18.7%	-22.6%	-19.8%	44.6%
PEG	—	—	—	—	—	—	—	—	—	—	-3.13

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	56.8%	55.9%	57.3%	54.9%	56.7%	53.3%	47.8%	54.5%	50.2%	46.4%	51.8%
Operating margin	5.81%	3.3%	6.51%	3.93%	2.79%	4.98%	-5.12%	3.37%	-9.01%	-11.5%	5.9%
Net margin	4.07%	1.54%	4.99%	3.08%	2.28%	3.74%	-15.9%	1.66%	-16.7%	-17.7%	-3.65%
ROE	6.96%	2.46%	7.04%	4.57%	3.1%	5.64%	-30.3%	3.02%	-34.8%	-36.3%	-7.36%
ROA	5.29%	2%	5.73%	2.85%	2.08%	3.91%	-19.6%	2.06%	-20.3%	-20.4%	-2.14%
ROIC	11.9%	4.2%	12.3%	3.52%	2.99%	5.53%	-8.27%	4.16%	-14.1%	-16.8%	-9.85%
Return on tangible assets	5.29%	2%	5.73%	4.56%	3.23%	5.94%	-21.3%	2.14%	-20.3%	-20.4%	-8.76%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	4.09	6.01	5.8	2.5	3.35	3.58	3.35	3.88	2.84	2.37	2.44
Quick ratio	2.45	3.83	3.69	1.09	1.53	1.72	1.25	1.85	0.95	0.87	0.85
Debt / equity	—	—	0	0.4	0.33	0.28	0.36	0.31	0.5	0.54	0.54
Debt / assets	—	—	0	0.25	0.22	0.19	0.23	0.21	0.29	0.3	0.3
Net debt / EBITDA	—	—	-3.04	1.17	0.85	0.19	0.62	0.07	10.6	-17.8	6.21
Interest coverage	—	—	—	—	10.9	102.3	-167.4	—	—	-69.1	-69.1
Effective tax rate	29.5%	54.4%	26.5%	25.9%	9.89%	24.1%	0%	30.8%	0%	0%	0%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	13.2	12.7	11.8	14.6	14	16	15.9	15.3	12.9	9.66	9.75
EPS (basic)	0.54	0.2	0.59	0.47	0.26	0.53	-1.9	0.25	-2.15	-1.71	-1.71
EPS (diluted)	0.53	0.19	0.59	0.47	0.26	0.52	-1.9	0.25	-2.15	-1.71	-0.36
Book value per share	7.7	7.94	8.37	9.82	10.3	10.6	8.32	8.43	6.18	4.72	4.47
FCF per share	1.21	0.86	1.01	0.22	0.45	1.02	-0.69	1.43	-0.85	-0.48	0.03
Cash per share	3.16	3.42	3.77	1.73	1.96	2.62	1.48	2.51	1.05	0.66	1.19
Capex per share	0.56	0.33	0.23	0.39	0.17	0.16	0.26	0.12	0.36	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	4.27%	2.59%	1.96%	2.69%	1.23%	1.01%	1.65%	0.8%	2.79%	—	—
Capex / operating cash flow	36.4%	29%	18.8%	40.3%	32.9%	15.2%	-9.6%	8.35%	-63.5%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	$128.2M	$115M	$133.3M	$80.6M	$110.8M	$80.6M	$100M	$51.7M	$70.9M	$62.3M	$84.9M	$55.7M
YoY change	-1.69%	-7.3%	-9.4%	-14.6%	-13.5%	-29.9%	-25%	-35.9%	-36.1%	-22.7%	-15.1%	+7.84%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	116.5M	122.9M	132.9M	58.9M	65.5M	88.4M	46.6M	77.3M	30.4M	18.5M
Receivables	23.3M	15.6M	15.6M	24.3M	27.5M	20.7M	22.1M	17.1M	14.8M	17.3M
Inventory	102.3M	87.8M	91.6M	123.6M	141.4M	144.9M	142.3M	118.3M	110M	76M
Total current assets	255.6M	242M	252.5M	218.8M	259.7M	279.3M	226.6M	226M	164.9M	119.7M
Property, plant & equipment	75.7M	60.5M	52.7M	141.6M	106.4M	93.6M	90.4M	74.5M	86.5M	63.4M
Goodwill & intangibles	—	—	0	201.1M	183.1M	177M	31.8M	15.1M	0	—
Total assets	373.5M	350.7M	362.1M	535.1M	513.8M	517.5M	404.5M	380.8M	306.7M	234M
Accounts payable	32.6M	13.5M	14.6M	20.2M	27.1M	30.5M	20.4M	14.2M	19.8M	16.2M
Short-term debt	—	—	—	21.3M	22.3M	18.7M	19.7M	18.5M	19.9M	18.6M
Total current liabilities	62.5M	40.3M	43.6M	87.4M	77.4M	78.1M	67.7M	58.3M	58M	50.5M
Long-term debt	—	—	0	113.8M	91.5M	80.9M	74.7M	62.6M	69.7M	51.9M
Total liabilities	89.7M	65.4M	67.4M	201.2M	169.1M	159.1M	142.4M	120.9M	127.7M	102.4M
Shareholders' equity	283.8M	285.3M	294.7M	333.8M	344.7M	358.4M	262.1M	259.9M	179M	131.6M
Total debt	—	—	0	135.1M	113.9M	99.6M	94.4M	81M	89.6M	70.5M
Net debt	—	—	-113.5M	85.2M	49.7M	11.1M	47.8M	3.7M	59.3M	52M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Cash & short-term investments	48.5M	52.3M	77.3M	55.2M	44.1M	13.7M	30.4M	11.3M	15.2M	10.7M	18.5M	12.5M
Receivables	23.9M	25.6M	17.1M	17.9M	25.1M	24.3M	14.8M	14.6M	17M	19M	17.3M	17.3M
Inventory	139.3M	129.1M	118.3M	125.2M	133M	131.3M	110M	99.2M	96.7M	82.9M	76M	73M
Total current assets	228.6M	221.4M	226M	218.4M	223.5M	184.8M	164.9M	135.5M	140.5M	122.3M	119.7M	111.5M
Property, plant & equipment	126.1M	122.9M	74.5M	117.6M	119.3M	137.6M	86.5M	122.4M	116.2M	116.2M	63.4M	103.4M
Goodwill & intangibles	28.9M	27.5M	15.1M	13.7M	12.5M	12.5M	0	—	—	—	—	—
Total assets	391.5M	382.8M	380.8M	368.7M	379.2M	359M	306.7M	267.9M	266.2M	243.7M	234M	219.2M
Accounts payable	21.6M	12.3M	14.2M	21.7M	37.9M	19.9M	19.8M	23.2M	21.1M	14.7M	16.2M	9.2M
Short-term debt	19.6M	18.7M	18.5M	18.2M	17.7M	21.2M	19.9M	18.6M	17.8M	19.5M	18.6M	18.1M
Total current liabilities	68.2M	57M	58.3M	63M	78.3M	59.8M	58M	59.5M	57.7M	48.6M	50.5M	45M
Long-term debt	66.7M	63.9M	62.6M	59.7M	58.3M	74M	69.7M	62.4M	67.9M	67M	51.9M	47.2M
Total liabilities	135M	121M	120.9M	122.8M	136.7M	133.8M	127.7M	121.9M	125.7M	115.6M	102.4M	92.2M
Shareholders' equity	256.5M	261.9M	259.9M	245.9M	242.5M	225.2M	179M	146M	140.5M	128.1M	131.6M	127M
Total debt	86.3M	82.6M	81M	77.9M	76M	95.1M	89.6M	80.9M	85.7M	86.4M	70.5M	65.3M
Net debt	37.8M	30.3M	3.7M	22.7M	31.8M	81.4M	59.3M	69.6M	70.5M	75.7M	52M	52.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	19.8M	7M	20.8M	15.2M	10.7M	20.2M	-79.4M	7.8M	-62.2M	-47.8M
Depreciation & amortization	19.5M	19.6M	16.5M	45.8M	43.6M	32.9M	33.7M	31.9M	30.3M	28M
Stock-based compensation	4M	3.1M	4.9M	5.9M	5.7M	4.9M	3.2M	2.9M	3.7M	870K
Change in working capital	15.8M	2.7M	2.1M	-39.9M	-46.8M	-21.8M	-25.7M	682K	-8.5M	-13.7M
Operating cash flow	57M	40.6M	43.4M	33.1M	17.5M	35.9M	-85.8M	45.1M	-16.3M	-10M
Capital expenditure	-20.8M	-11.8M	-8.1M	-13.3M	-5.7M	-5.4M	-8.2M	-3.8M	-10.4M	—
Investing cash flow	-50.8M	-51.6M	18M	-70M	17.7M	-4.2M	-8.2M	-13.8M	-10.4M	1.8M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	-25M	-7.9M	-16.1M	-11.3M	-3.1M	-7.7M	-18.1M	-2.2M	-21.8M	0
Financing cash flow	-25.7M	-8.6M	-16.8M	-14.3M	-24.1M	-11.4M	-20.1M	-3.5M	-22.5M	-15.2M
Net change in cash	-19.5M	-19.7M	44.5M	-51.2M	11M	20.3M	-114.2M	27.8M	-49.2M	-23.4M
Free cash flow	44.4M	30.8M	35.4M	7.3M	15M	34.4M	-21.7M	44.2M	-24.5M	-13.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Net income	9.3M	5.1M	-1.9M	-8.1M	5.7M	-12.8M	-47M	-33.5M	-4.7M	-12.4M	2.7M	-4.8M
Depreciation & amortization	7.9M	7.8M	8.1M	7.4M	7.2M	7.9M	7.9M	7.5M	6.8M	6.8M	6.9M	6.7M
Stock-based compensation	910K	764K	577K	804K	572K	893K	1.4M	754K	-783K	-58K	957K	1M
Change in working capital	1.3M	-6.2M	15.8M	-9.9M	-7.9M	-20.5M	29.8M	-10.2M	-7.5M	-405K	4.4M	-9.5M
Operating cash flow	20.4M	8.5M	21.2M	-9.4M	5.2M	-24.7M	12.6M	-35.4M	-5.4M	-4M	17.3M	-5.3M
Capital expenditure	-909K	-819K	-1.2M	-863K	-2.8M	-2.4M	-4.3M	-1.9M	—	—	—	—
Investing cash flow	-909K	-819K	-1.2M	-863K	-2.8M	-2.4M	-4.3M	-968K	134K	0	717K	0
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	-683K	-485K	-292K	-6.3M	-9.5M	-5.3M	-585K	0	0	0	0	—
Financing cash flow	-683K	-515K	-676K	-6.7M	-9.7M	-5.5M	-644K	-5.2M	-29K	-17K	-20M	-412K
Net change in cash	18.8M	7.2M	19.3M	-17M	-7.2M	-32.6M	7.6M	-41.5M	-5.3M	-4M	-2M	-5.7M
Free cash flow	23.8M	4.3M	25.7M	-15.4M	-1.4M	-25M	17.3M	-19.8M	-6.1M	-4.5M	17.1M	-5.6M

Vera Bradley Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement