Crocs, Inc. (CROX) Income Statement
CROX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCROX revenue and net income
Where CROX's revenue goes
2025Each bar shows an amount and its share of revenue. CROX kept −2.0% of revenue as net income.
CROX profit margins
CROX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −1.5% | +4.4% | +23.9% | +14.0% |
| Gross profit | −2.2% | +8.2% | +25.7% | +16.5% |
| Operating income | −85.4% | −44.0% | −6.9% | — |
| Net income | −108.5% | — | — | — |
| EPS (diluted) | −5.4% | +4.5% | +31.0% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CROX quarterly EPS vs estimates
Crocs beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 29, 2026 (estimate $3.30).
CROX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.04B | $4.10B | $3.96B | $3.55B | $2.31B | $1.39B | $1.23B | $1.09B | $1.02B | $1.04B |
| Cost of revenue | $1.68B | $1.69B | $1.78B | $1.69B | $893.2M | $636.0M | $613.5M | $528.1M | $506.3M | $536.1M |
| Gross profit | $2.36B | $2.41B | $2.18B | $1.86B | $1.42B | $749.9M | $617.1M | $560.2M | $517.2M | $500.2M |
| Research & development | $29.6M | $25.6M | $21.4M | $18.7M | $13.7M | $10.2M | $11.8M | $14.1M | $13.4M | $11.9M |
| Sales, general & admin | $1.44B | $1.29B | $1.11B | $929.2M | $715.9M | $535.8M | $457.6M | $447.8M | $494.6M | $463.6M |
| Total operating expenses | $2.21B | $1.39B | $1.13B | $1.01B | $737.2M | $535.8M | $488.4M | $497.2M | $494.6M | $503.2M |
| Operating income | $149.5M | $1.02B | $1.05B | $850.8M | $683.1M | $214.1M | $128.6M | $62.9M | $17.3M | −$6.2M |
| Interest income | $1.8M | $3.5M | $2.0M | $1.0M | $775,000 | $215,000 | $601,000 | $1.3M | $870,000 | $692,000 |
| Interest expense | $88.3M | $109.3M | $161.4M | $136.2M | $21.6M | $6.7M | $8.6M | $955,000 | $869,000 | $836,000 |
| Income before taxes | $73.0M | $910.6M | $876.3M | $718.5M | $663.8M | $207.0M | $119.3M | $65.2M | $18.2M | −$7.2M |
| Income taxes | $154.2M | −$39.5M | $83.7M | $178.3M | −$61.8M | −$105.9M | −$175,000 | $14.7M | $7.9M | $9.3M |
| Net income | −$81.2M | $950.1M | $792.6M | $540.2M | $725.7M | $312.9M | $119.5M | $50.4M | $10.2M | −$16.5M |
| EBITDA | $240.5M | $1.09B | $1.09B | $893.9M | $717.5M | $241.3M | $152.2M | $95.4M | $52.2M | $27.7M |
| EPS (diluted) | $12.44 | $13.15 | $12.03 | $10.91 | $8.34 | $3.23 | $1.64 | −$0.89 | $0.09 | −$0.41 |
| Gross margin | 58.3% | 58.8% | 55.0% | 52.3% | 61.4% | 54.1% | 50.1% | 51.5% | 50.5% | 48.3% |
| Operating margin | 3.7% | 24.9% | 26.4% | 23.9% | 29.5% | 15.4% | 10.5% | 5.8% | 1.7% | −0.6% |
| Net margin | −2.0% | 23.2% | 20.0% | 15.2% | 31.4% | 22.6% | 9.7% | 4.6% | 1.0% | −1.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.18B | $921.5M | $957.6M | $996.3M | $1.15B | $937.3M | $989.8M | $1.06B | $1.11B | $938.6M | $960.1M | $1.05B |
| Cost of revenue | $478.8M | $398.5M | $434.0M | $413.3M | $440.5M | $395.8M | $416.8M | $428.9M | $429.6M | $416.6M | $429.4M | $464.1M |
| Gross profit | $700.7M | $522.9M | $523.7M | $583.0M | $708.8M | $541.5M | $572.9M | $633.3M | $681.9M | $522.1M | $530.7M | $581.6M |
| Research & development | — | — | — | — | — | — | $25.6M | — | — | — | $21.4M | — |
| Sales, general & admin | $415.0M | $322.1M | $377.3M | $375.3M | $398.2M | $318.6M | $77.9M | $363.5M | $356.2M | $295.6M | $59.7M | $307.8M |
| Total operating expenses | $415.0M | $322.1M | $377.3M | $375.3M | $1.14B | $318.6M | $373.0M | $363.5M | $356.2M | $295.6M | $321.2M | $307.8M |
| Operating income | $285.7M | $200.8M | $146.4M | $207.7M | −$427.5M | $223.0M | $199.9M | $269.8M | $325.7M | $226.4M | $209.5M | $273.9M |
| Interest income | $583,000 | $335,000 | $609,000 | $531,000 | $371,000 | $333,000 | $576,000 | $1.4M | $1.1M | $416,000 | $1.2M | $506,000 |
| Interest expense | $60.8M | $20.5M | $21.3M | $21.7M | $22.5M | $22.8M | $23.3M | $26.2M | $29.2M | $30.6M | $36.4M | $39.2M |
| Income before taxes | $263.9M | $178.8M | $127.2M | $189.4M | −$448.6M | $204.9M | $175.2M | $244.9M | $296.4M | $194.0M | $173.9M | $233.4M |
| Income taxes | $59.0M | $41.3M | $22.1M | $43.6M | $43.7M | $44.8M | −$193.7M | $45.1M | $67.5M | $41.6M | −$79.7M | $56.4M |
| Net income | $204.9M | $137.6M | $105.2M | $145.8M | −$492.3M | $160.1M | $368.9M | $199.8M | $228.9M | $152.5M | $253.6M | $177.0M |
| EBITDA | $307.3M | $219.5M | $169.4M | $231.5M | −$406.6M | $246.2M | $216.5M | $289.3M | $343.1M | $240.8M | $224.1M | $287.4M |
| EPS (diluted) | $4.55 | $2.99 | $2.29 | $2.92 | $4.23 | $3.00 | $2.52 | $3.60 | $4.01 | $3.02 | $2.58 | $3.25 |
| Gross margin | 59.4% | 56.8% | 54.7% | 58.5% | 61.7% | 57.8% | 57.9% | 59.6% | 61.4% | 55.6% | 55.3% | 55.6% |
| Operating margin | 24.2% | 21.8% | 15.3% | 20.8% | −37.2% | 23.8% | 20.2% | 25.4% | 29.3% | 24.1% | 21.8% | 26.2% |
| Net margin | 17.4% | 14.9% | 11.0% | 14.6% | −42.8% | 17.1% | 37.3% | 18.8% | 20.6% | 16.2% | 26.4% | 16.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CROX's financial statements (latest annual report filed February 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CROX financial results
In fiscal year 2025 (ended December 31, 2025), Crocs reported revenue of $4.0 billion, down 1.5% from the year before. It had a net loss of $81.2 million, a net profit margin of −2.0%. Diluted earnings per share came to $12.44. Over five years revenue grew at an average rate of 23.9% a year.
See the CROX stock overview for the latest quote and news, or the CROX chart for price history and technical indicators.
CROX income statement FAQ
What is Crocs's annual revenue?
Crocs reported total revenue of $4.0 billion for fiscal year 2025, which ended on December 31, 2025. That was down 1.5% from $4.1 billion the previous year.
Is Crocs profitable?
No. Crocs reported a net loss of $81.2 million in fiscal 2025, a net profit margin of −2.0%; its operating margin was 3.7%.
What is Crocs's gross margin?
Crocs's gross margin was 58.3% in fiscal 2025: for every $100 of revenue, Crocs kept $58 after the direct cost of its products and services.
How much does Crocs spend on research and development?
Crocs spent $29.6 million on research and development in fiscal 2025, 0.7% of revenue.
How fast is Crocs growing?
Revenue grew 23.9% a year on average over the last five fiscal years, from $1.4 billion to $4.0 billion.
What are Crocs's earnings per share?
Crocs earned $12.44 per diluted share in fiscal 2025, compared with $13.15 a year earlier.
When will Crocs report its next earnings?
Crocs is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens.
When does Crocs's fiscal year end?
Crocs's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 12, 2026.