CROX · Crocs, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $921.46M | - | $996.30M | $1.15B | $937.33M | - | $1.06B | $1.11B | $938.63M | - |
| Cost of Revenue | $398.51M | - | $413.29M | $440.54M | $395.78M | - | $428.86M | $429.59M | $416.56M | - |
| Gross Profit | $522.95M | - | $583.01M | $708.84M | $541.55M | - | $633.34M | $681.92M | $522.08M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $322.10M | - | $375.35M | $398.24M | $318.57M | - | $363.51M | $356.18M | $295.65M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $20.24M | - | $20.33M | $19.47M | $18.54M | - | $18.18M | $17.54M | $16.16M | - |
| Operating Income | $200.84M | - | $207.66M | ($427.52M) | $222.97M | - | $269.83M | $325.74M | $226.43M | - |
| Interest Expense | $20.46M | - | $21.71M | $22.52M | $30.56M | - | $26.20M | $29.16M | $30.56M | - |
| Income Tax | $41.29M | - | $43.61M | $43.67M | $44.84M | - | $45.10M | $67.52M | $41.58M | - |
| Net Income | $137.56M | - | $145.82M | ($492.28M) | $160.10M | - | $199.80M | $228.91M | $152.45M | - |
| EPS - Basic | $2.74 | - | $2.72 | ($8.82) | $2.85 | - | $3.38 | $3.79 | $2.52 | - |
| EPS - Diluted | $2.71 | - | $2.70 | ($8.82) | $2.83 | - | $3.36 | $3.77 | $2.50 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $130.88M | $130.35M | $153.97M | $200.61M | $166.46M | $180.49M | $186.12M | $167.73M | $159.29M | $149.29M |
| Accounts Receivable | $442.32M | $278.19M | $335.32M | $417.43M | $445.70M | $257.66M | $361.65M | $420.20M | $481.52M | $305.75M |
| Inventory | $397.56M | $368.69M | $397.07M | $405.14M | $391.30M | $356.25M | $367.19M | $376.60M | $391.95M | $385.05M |
| Accounts Payable | $242.47M | $266.09M | $217.27M | $263.34M | $244.88M | $264.90M | $240.89M | $244.85M | $236.29M | $260.98M |
| Current Assets | $1.07B | $885.88M | $971.19M | $1.10B | $1.07B | $872.27M | $990.42M | $1.03B | $1.11B | $910.70M |
| Total Assets | $4.34B | $4.17B | $4.30B | $4.45B | $5.07B | $4.81B | $4.71B | $4.72B | $4.80B | $4.64B |
| Current Liabilities | $639.52M | $700.13M | $691.74M | $714.85M | $705.20M | $740.21M | $692.53M | $686.42M | $628.56M | $698.30M |
| Long-term Debt | $1.33B | $1.23B | $1.32B | $1.38B | $1.48B | $1.35B | $1.42B | $1.53B | $1.73B | $1.64B |
| Total Liabilities | $2.92B | $2.88B | $2.94B | $3.03B | $3.10B | $2.98B | $2.99B | $3.07B | $3.20B | $3.19B |
| Stockholders' Equity | $1.43B | $1.29B | $1.36B | $1.42B | $1.97B | $1.84B | $1.73B | $1.65B | $1.60B | $1.45B |
| Retained Earnings | $3.62B | $3.48B | $3.38B | $3.23B | $3.72B | $3.56B | $3.19B | $2.99B | $2.76B | $2.61B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($80.93M) | - | - | - | ($67.23M) | - | - | - | ($27.57M) | - |
| Investing Cash Flow | ($18.00M) | - | - | - | ($15.38M) | - | - | - | ($15.75M) | - |
| Financing Cash Flow | $100.09M | - | - | - | $65.82M | - | - | - | $54.83M | - |
| CapEx | $18.00M | - | - | - | $15.38M | - | - | - | $15.75M | - |
| Free Cash Flow | ($98.93M) | - | - | - | ($82.61M) | - | - | - | ($43.32M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 56.8% | - | 58.5% | 61.7% | 57.8% | - | 59.6% | 61.4% | 55.6% | - |
| Operating margin | 21.8% | - | 20.8% | -37.2% | 23.8% | - | 25.4% | 29.3% | 24.1% | - |
| EBITDA margin | 24.0% | - | 22.9% | -35.5% | 25.8% | - | 27.1% | 30.9% | 25.8% | - |
| Net margin | 14.9% | - | 14.6% | -42.8% | 17.1% | - | 18.8% | 20.6% | 16.2% | - |
| Free cash flow margin | -10.7% | - | - | - | -8.8% | - | - | - | -4.6% | - |
| FCF / Net income | -0.72 | - | - | - | -0.52 | - | - | - | -0.28 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 35.0% | - | 37.7% | 34.6% | 34.0% | - | 34.2% | 32.0% | 31.5% | - |
| Effective tax rate | 23.1% | - | 23.0% | - | 21.9% | - | 18.4% | 22.8% | 21.4% | - |
| Return on assets | 3.2% | - | 3.4% | -11.1% | 3.2% | - | 4.2% | 4.8% | 3.2% | - |
| Return on equity | 9.6% | - | 10.7% | -34.6% | 8.1% | - | 11.6% | 13.8% | 9.5% | - |
| Return on invested capital | 5.6% | - | 6.0% | -12.1% | 5.0% | - | 7.0% | 7.9% | 5.4% | - |
| Liquidity | ||||||||||
| Current ratio | 1.67 | 1.27 | 1.40 | 1.54 | 1.52 | 1.18 | 1.43 | 1.50 | 1.76 | 1.30 |
| Quick ratio | 1.04 | 0.74 | 0.83 | 0.97 | 0.97 | 0.70 | 0.90 | 0.95 | 1.14 | 0.75 |
| Cash ratio | 0.20 | 0.19 | 0.22 | 0.28 | 0.24 | 0.24 | 0.27 | 0.24 | 0.25 | 0.21 |
| Leverage | ||||||||||
| Debt / Equity | 0.93 | 0.95 | 0.97 | 0.97 | 0.75 | 0.74 | 0.82 | 0.93 | 1.08 | 1.13 |
| Debt / Assets | 0.31 | 0.29 | 0.31 | 0.31 | 0.29 | 0.28 | 0.30 | 0.32 | 0.36 | 0.35 |
| Debt / EBITDA | 6.02 | - | 5.78 | - | 6.14 | - | 4.94 | 4.46 | 7.12 | - |
| Interest coverage | 9.8x | - | 9.6x | -19.0x | 7.3x | - | 10.3x | 11.2x | 7.4x | - |
| Equity multiplier | 3.04 | 3.23 | 3.15 | 3.13 | 2.57 | 2.62 | 2.73 | 2.85 | 3.00 | 3.19 |
| Liabilities / Assets | 0.67 | 0.69 | 0.68 | 0.68 | 0.61 | 0.62 | 0.63 | 0.65 | 0.67 | 0.69 |
| Efficiency | ||||||||||
| Asset turnover | 0.21 | - | 0.23 | 0.26 | 0.19 | - | 0.23 | 0.24 | 0.20 | - |
| Inventory turnover | 1.00 | - | 1.04 | 1.09 | 1.01 | - | 1.17 | 1.14 | 1.06 | - |
| Days sales outstanding | 175d | - | 123d | 133d | 174d | - | 124d | 138d | 187d | - |
| Days inventory outstanding | 364d | - | 351d | 336d | 361d | - | 313d | 320d | 343d | - |
| Days payable outstanding | 222d | - | 192d | 218d | 226d | - | 205d | 208d | 207d | - |
| Cash conversion cycle | 317d | - | 282d | 250d | 309d | - | 232d | 250d | 324d | - |
| Valuation | ||||||||||
| P / E | 30.6x | - | 30.9x | - | 37.5x | - | 43.1x | 38.7x | 57.5x | - |
| P / B | 2.9x | - | 3.3x | 4.0x | 3.0x | - | 5.0x | 5.4x | 5.5x | - |
| P / S | 4.6x | - | 4.5x | 4.9x | 6.4x | - | 8.1x | 8.0x | 9.4x | - |
| EV / EBITDA | 24.5x | - | 24.9x | - | 30.3x | - | 34.2x | 29.8x | 42.7x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -1.7% | - | -6.2% | 3.4% | -0.1% | - | 1.6% | 3.6% | 6.2% | - |
| Revenue CAGR (3y) | 1.4% | - | 0.4% | 6.0% | 12.4% | - | 19.3% | 20.2% | 26.8% | - |
| Revenue CAGR (5y) | 14.9% | - | 22.5% | 28.2% | 27.2% | - | 27.7% | 25.4% | 26.0% | - |
| Gross profit growth (YoY) | -3.4% | - | -7.9% | 3.9% | 3.7% | - | 8.9% | 9.8% | 9.6% | - |
| Operating income growth (YoY) | -9.9% | - | -23.0% | - | -1.5% | - | -1.5% | 2.3% | -3.6% | - |
| Net income growth (YoY) | -14.1% | - | -27.0% | - | 5.0% | - | 12.9% | 7.8% | 1.9% | - |
| EPS growth (YoY) | -4.2% | - | -19.6% | - | 13.2% | - | 17.1% | 11.2% | 4.6% | - |
| EPS CAGR (3y) | 4.3% | - | -0.2% | - | 33.5% | - | 11.6% | -8.6% | 19.4% | - |
| EPS CAGR (5y) | 13.0% | - | 24.3% | - | 77.6% | - | 45.8% | 47.0% | 49.9% | - |
| FCF growth (YoY) | -19.8% | - | - | - | -90.7% | - | - | - | -145.5% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -27.5% | -29.5% | -21.0% | -14.0% | 23.3% | 26.3% | 43.7% | 39.0% | 64.9% | 77.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$3.66B totalCrocs Brand Segment$3.33B · 90.8%
HEYDUDEBrand Segment$336.32M · 9.2%
Geographic
$5.64B totalUS$2.26B · 40.1%
Non Us$1.78B · 31.6%
International$1.01B · 18.0%
North America$584.68M · 10.4%
Peer comparison
Same SIC group: Rubber & Plastics Footwear
Comparing Crocs against the 3 most active filers in the same SIC group.