VRA Vera Bradley, Inc.

Overview and Growth

In fiscal 2026, Vera Bradley, Inc. recorded $269.65M of revenue, net loss of $47.84M, and an operating cash outflow of $9.97M. The $269.65M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Revenue was 15.4% below fiscal 2025 revenue of $318.80M, marking a top-line contraction. Diluted earnings per share were -$1.71, translating the period’s attributable earnings into the amount reported for each diluted share. The company employed $234.00M of total assets, the balance-sheet base supporting its current operating and cash-flow results. The revenue-to-assets relationship was 1.15x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

After reported cost of revenue, the company retained $125.04M as gross profit before recognizing operating expenses and other items. The gross-profit relationship equaled 46.4% of revenue, quantifying the portion retained before operating expenses were recognized. The company recorded an operating loss of $31.91M after the reported operating expense base. The operating loss equaled 11.8% of revenue, showing the scale of the operating deficit relative to sales. The company ended the period with a net loss of $47.84M, extending the operating result through all remaining items. The net loss equaled 17.7% of revenue, showing the bottom-line deficit relative to the company’s sales base. EBITDA was negative $24.15M, showing a deficit before interest, taxes, depreciation, and amortization. The company reported a pretax loss of $32.37M, before the effect of income taxes. The pretax loss equaled 12.0% of revenue, measuring the pre-tax deficit against sales. The company recognized $303.00K of income tax for the period, completing the transition from pretax income to net income. The loss-to-equity relationship was 36.3%, placing the bottom-line deficit against shareholder capital. The net loss equaled 20.4% of period-end assets, showing the deficit relative to the asset base. Compared with a $62.19M net loss in fiscal 2025, the current loss improved to $47.84M.

Liquidity and Capital Structure

Total assets were $234.00M, supported by $102.37M of liabilities and $131.64M of shareholder equity. The near-term balance sheet paired $119.72M of current assets with $50.45M of current liabilities at the reporting date. At 2.37x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Cash and equivalents totaled $18.51M, identifying the most liquid reported component available within the broader current-asset balance. Measured only with cash and equivalents, coverage of current liabilities was 36.7%, excluding receivables and other current assets. Book equity represented 56.3% of total assets, quantifying the balance-sheet share supported by shareholder capital. The liabilities-to-assets relationship was 43.7%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 7.9%, comparing reported cash and equivalents with the full positive asset balance. Compared with $306.69M in fiscal 2025, the current asset base moved 23.7% and finished lower. Book equity was 26.4% lower than fiscal 2025 equity of $178.96M, showing how shareholder capital changed year over year. Compared with $30.37M in fiscal 2025, the current cash balance moved 39.0% and finished lower.

Cash Flow and Earnings Quality

Cash flow from operations was an outflow of $9.97M, showing that operations absorbed cash during the period. Capital expenditures used $3.29M in addition to the operating cash outflow, increasing the total cash consumed by operations and investment during the period. Negative free cash flow was $13.26M, leaving a cash deficit after capital spending and reducing financial flexibility. Free-cash-flow margin was -4.9%, reflecting a cash deficit equal to 4.9% of revenue after capital spending. Relative to total assets, the post-investment cash deficit measured 5.7%.

Based on the annual report for the fiscal year ending Jan 31, 2026. Analysis generated Oct 21, 2026.