Quarterly ResultMay 13, 2026, 06:12 AM
Birkenstock Q2 Revenue +14% Constant FX; Net Profit -22%
AI Summary
Birkenstock Holding plc reported fiscal second quarter 2026 results with revenue increasing 8% to EUR 618 million, or 14% in constant currency, meeting guidance despite global challenges. However, net profit declined 22% to EUR 82 million, and adjusted EBITDA fell 1% to EUR 198 million, impacted by unfavorable currency translation, US tariffs, and Middle East conflicts. The company confirmed its full-year 2026 guidance, citing strong consumer demand and resilience.
Key Highlights
- Q2 Revenue: EUR 618 million, +8% reported, +14% in constant currency.
- Q2 Net Profit: EUR 82 million, down 22% year-over-year.
- Q2 EPS: EUR 0.45, down 20% from EUR 0.56 in prior year.
- Q2 Adjusted EBITDA: EUR 198 million, down 1% year-over-year.
- Q2 Gross Profit Margin: 53.9%, down 380 basis points.
- Americas revenue: +14% constant currency; EMEA: +11% constant currency; APAC: +30% constant currency.
- Fiscal 2026 Revenue Guidance: 13-15% growth in constant currency confirmed.
- Fiscal 2026 Adjusted EBITDA Margin Guidance: 30.0-30.5% confirmed.