Quarterly ResultJul 30, 2026, 12:31 PM
Crocs Q2 Net Income $204.9M, EPS $4.13; Revenue $1.18B
AI Summary
Crocs, Inc. reported a strong financial turnaround for the second quarter and first half of 2026. The company posted Q2 net income of $204.9 million, or $4.13 diluted EPS, a significant improvement from a net loss in the prior year, primarily due to the absence of large impairment charges. Revenues for the quarter increased by 2.6% to $1.18 billion. For the first half of 2026, net income reached $342.4 million, with cash from operating activities growing by 23.8% to $270.8 million. The company also repurchased $256.2 million in common stock during the first half and anticipates recognizing approximately $20 million in IEEPA tariff refunds in Q3 2026.
Key Highlights
- Q2 2026 Net Income: $204.9 million, a significant turnaround from $(492.3) million loss in Q2 2025.
- Q2 2026 Diluted EPS: $4.13, compared to $(8.82) in Q2 2025.
- Q2 2026 Revenues: $1.18 billion, a 2.6% increase year-over-year.
- H1 2026 Net Income: $342.4 million, a significant turnaround from $(332.2) million loss in H1 2025.
- H1 2026 Cash provided by operating activities: $270.8 million, up 23.8% YoY.
- H1 2026 Common stock repurchases: $256.2 million.
- No goodwill or intangible asset impairment charges recorded in Q2 2026.
- Expected $20 million IEEPA tariff refunds to be recognized in Q3 2026.
Price Impact
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