VNCE (VNCE) financial statements
VNCE reported revenue of $300M in fiscal 2026, up 1.3% a year over 9 years.
Net income was $6M and the operating margin 3.1%, against -24.1% in 2017.
Free cash flow was -$1M.
The diluted share count rose 182% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from VNCE's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $268M | $273M | $362M | $375M | $220M | $323M | $357M | $293M | $293M | $300M |
| Cost of revenue | $145M | $151M | $192M | $197M | $131M | $176M | $219M | $160M | $148M | $151M |
| Gross profit | $123M | $122M | $169M | $178M | $89M | $147M | $138M | $133M | $145M | $149M |
| Selling, general and admin | $134M | $140M | $164M | $179M | $123M | $146M | $161M | $134M | $138M | $140M |
| Operating income | -$65M | -$18M | $5M | -$20M | -$61M | $483,000 | -$25M | $32M | -$17M | $9M |
| Interest expense | $4M | $6M | $7M | $5M | $5M | $9M | $10M | $11M | $7M | $3M |
| Pre-tax income | -$69M | $58M | -$2M | $30M | -$64M | -$8M | -$35M | $21M | -$23M | $7M |
| Income tax | $94M | -$572,000 | $156,000 | $98,000 | $2M | $5M | $3M | -$3M | -$4M | $3M |
| Net income | -$163M | $59M | -$2M | $30M | -$66M | -$13M | -$38M | $25M | -$19M | $6M |
| EPS (diluted) | -$35.04 | $7.70 | -$0.17 | $2.55 | -$5.58 | -$1.07 | -$3.14 | $2.04 | -$1.51 | $0.49 |
| Diluted shares | 5M | 8M | 12M | 12M | 12M | 12M | 12M | 12M | 13M | 13M |
| Gross margin | 45.8% | 44.7% | 46.8% | 47.6% | 40.3% | 45.4% | 38.6% | 45.5% | 49.5% | 49.7% |
| Operating margin | -24.1% | -6.7% | 1.5% | -5.4% | -27.8% | 0.1% | -7.1% | 10.8% | -5.9% | 3.1% |
| Net margin | -60.6% | 21.5% | -0.5% | 8.1% | -29.9% | -3.9% | -10.7% | 8.7% | -6.5% | 2.1% |
Balance sheet
Fiscal years, from VNCE's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $21M | $5M | $118,000 | $466,000 | $4M | $1M | $1M | $357,000 | $607,000 | $498,000 |
| Receivables | $10M | $21M | $38M | $41M | $32M | $30M | $21M | $21M | $33M | $30M |
| Inventory | $39M | $49M | $72M | $66M | $68M | $79M | $90M | $59M | $59M | $66M |
| Total current assets | $75M | $82M | $120M | $114M | $111M | $115M | $115M | $85M | $97M | $101M |
| Property, plant and equipment | $43M | $32M | $29M | $25M | $18M | $17M | $10M | $7M | $7M | $8M |
| Goodwill | $41M | $41M | $44M | $41M | $32M | $32M | $32M | $32M | $0 | $0 |
| Total assets | $239M | $235M | $297M | $362M | $333M | $337M | $303M | $225M | $223M | $225M |
| Total current liabilities | $50M | $45M | $79M | $90M | $82M | $92M | $93M | $61M | $74M | $68M |
| Long-term debt | $48M | $41M | $42M | $49M | $84M | $89M | $108M | $44M | $19M | $19M |
| Total liabilities | $253M | $135M | $198M | $232M | $267M | $281M | $283M | $178M | $181M | $175M |
| Shareholders' equity | -$14M | $100M | $99M | $131M | $66M | $56M | $20M | $47M | $42M | $50M |
| Net debt | $27M | $43M | $45M | $51M | $81M | $90M | $110M | $44M | $19M | $19M |
Cash flow
Fiscal years, from VNCE's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$30M | -$40M | $3M | $17M | -$25M | -$221,000 | -$19M | $2M | $22M | $3M |
| Capital spending | $14M | $3M | $4M | $5M | $3M | $5M | $3M | $1M | $4M | $4M |
| Free cash flow | -$44M | -$44M | -$1M | $12M | -$29M | -$5M | -$22M | $180,000 | $18M | -$1M |
| Stock-based compensation | $1M | $1M | $1M | $2M | $1M | $2M | $2M | $2M | $2M | $426,000 |
| Net borrowing | — | -$12M | -$6M | -$3M | — | $10M | -$6M | -$29M | -$15M | $0 |
| Free cash flow margin | -16.4% | -16.1% | -0.3% | 3.3% | -13.0% | -1.6% | -6.2% | 0.1% | 6.1% | -0.4% |
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Open VNCE in InvestinglyQuestions
What was VNCE's revenue in 2026?
$300M in fiscal 2026, from its 10-K filing.
How much free cash flow does VNCE generate?
-$1M in fiscal 2026 (operating cash flow minus capital spending).
From VNCE's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.