Quarterly ResultApr 30, 2026, 02:38 PM
CROX Q1 Revenue $921.5M, Net Income $137.6M, EPS $2.71
AI Summary
Crocs, Inc. reported Q1 2026 revenues of $921.5 million, a 1.7% decrease from Q1 2025. Net income fell 14.1% to $137.6 million, with diluted EPS at $2.71, down 4.2%. The Crocs Brand saw a slight revenue increase, while the HEYDUDE Brand experienced a significant decline. The company also recognized a $3.3 million impairment charge for certain HEYDUDE retail stores.
Key Highlights
- Q1 2026 revenues decreased 1.7% to $921.5 million from $937.3 million in Q1 2025.
- Q1 2026 net income decreased 14.1% to $137.6 million from $160.1 million in Q1 2025.
- Q1 2026 diluted EPS was $2.71, down from $2.83 in Q1 2025.
- Crocs Brand revenue increased 0.8% to $767.4 million in Q1 2026.
- HEYDUDE Brand revenue decreased 12.4% to $154.0 million in Q1 2026.
- Cash used in operating activities was $(80.9) million in Q1 2026, compared to $(67.2) million in Q1 2025.
- Remaining share repurchase authorization of $746.8 million as of March 31, 2026.
- Recognized $3.3 million leasehold improvement asset impairment for HEYDUDE retail stores.
Price Impact
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