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Occasion data

What Americans spend on Valentine's Day gifts

We read Valentine's Day as a record-setting gifting occasion in 2026. NRF projected $29.1 billion in total spend, an average shopper budget close to $199.78, and a rising share of gifts going to pets.

U.S. data onlyPrimary sources onlyLast reviewed May 29, 2026

The numbers

Every figure, with the source named.

  1. $29.1B

    Valentine's Day 2026 expected spend

    NRF's 2026 Valentine's Day forecast set a new record at $29.1 billion and pushed the average expected budget to $199.78 per shopper.

    Source: National Retail Federation (Trade body), Valentine's Day 2026. View source

  2. 35%

    Valentine's shoppers buying for pets

    A record 35% of Valentine's Day celebrants planned to buy a gift for a pet in 2026, lifting expected pet-gift spending to $2.1 billion.

    Source: National Retail Federation (Trade body), Valentine's Day 2026. View source

  3. $29.1B

    Valentine's Day 2026 expected spend

    NRF's 2026 Valentine's Day survey projected a new record of $29.1 billion, with 55% of consumers planning to celebrate and $14.5 billion expected for gifts to significant others.

    Source: National Retail Federation (Trade body), Valentine's Day 2026. View source

  4. $2.1B

    Valentine's Day 2026 pet-gift spend

    A record 35% of Valentine's Day 2026 celebrants planned to buy a gift for a pet, lifting expected pet-gift spending to $2.1 billion.

    Source: National Retail Federation (Trade body), Valentine's Day 2026. View source