Movado Group, Inc. (MOV) Income Statement
MOV FY2026 at a glance
Fiscal year ended January 31, 2026 · U.S. dollarsMOV revenue and net income
Where MOV's revenue goes
FY2026Each bar shows an amount and its share of revenue. MOV kept 4.0% of revenue as net income.
MOV profit margins
MOV growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.7% | −3.7% | +5.8% | +1.2% |
| Gross profit | +3.0% | −5.7% | +6.1% | +1.4% |
| Operating income | +49.0% | −37.2% | +16.0% | −8.2% |
| Net income | +44.6% | −34.5% | — | −5.2% |
| EPS (diluted) | +35.6% | −34.7% | +5.3% | −5.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MOV quarterly EPS vs estimates
Movado beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: November 24, 2026 (estimate $0.55).
MOV income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $671.3M | $653.4M | $672.6M | $751.9M | $732.4M | $506.4M | $701.0M | $679.6M | $568.0M | $552.8M |
| Cost of revenue | $307.7M | $300.2M | $302.2M | $318.0M | $313.3M | $235.9M | $326.1M | $310.2M | $269.9M | $257.9M |
| Gross profit | $363.6M | $353.1M | $370.4M | $433.9M | $419.1M | $270.5M | $374.9M | $369.4M | $298.1M | $294.8M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $333.8M | $333.1M | $315.7M | $313.5M | $301.6M | $256.7M | $331.9M | $293.7M | $242.6M | $239.0M |
| Total operating expenses | $333.8M | $333.1M | $315.7M | $313.5M | $301.6M | $256.7M | $331.9M | $307.2M | $254.9M | $240.8M |
| Operating income | $29.8M | $20.0M | $54.7M | $120.4M | $117.5M | $14.2M | $43.0M | $62.2M | $43.2M | $54.0M |
| Interest income | $507,000 | $489,000 | $497,000 | $518,000 | $688,000 | $45,000 | $86,000 | $307,000 | $452,000 | $219,000 |
| Interest expense | $507,000 | $489,000 | $497,000 | $518,000 | $688,000 | $2.0M | $930,000 | $771,000 | $1.5M | $1.5M |
| Income before taxes | $34.4M | $26.7M | $60.2M | $121.9M | $117.3M | −$142.4M | $57.5M | $61.7M | $42.1M | $51.5M |
| Income taxes | $7.5M | $7.4M | $12.7M | $24.9M | $24.8M | −$31.2M | $15.1M | $162,000 | $57.4M | $16.3M |
| Net income | $26.6M | $18.4M | $46.7M | $94.5M | $91.6M | −$111.2M | $42.7M | $61.6M | −$15.2M | $35.1M |
| EBITDA | $44.3M | $36.5M | $70.3M | $133.2M | $130.5M | −$126.3M | $74.8M | $76.7M | $57.1M | $64.4M |
| EPS (diluted) | $1.18 | $0.87 | $2.13 | $4.23 | $3.96 | $0.91 | $1.68 | $2.67 | $2.00 | $1.59 |
| Gross margin | 54.2% | 54.0% | 55.1% | 57.7% | 57.2% | 53.4% | 53.5% | 54.4% | 52.5% | 53.3% |
| Operating margin | 4.4% | 3.1% | 8.1% | 16.0% | 16.0% | 2.8% | 6.1% | 9.2% | 7.6% | 9.8% |
| Net margin | 4.0% | 2.8% | 6.9% | 12.6% | 12.5% | −22.0% | 6.1% | 9.1% | −2.7% | 6.3% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $169.8M | $142.4M | $191.6M | $186.1M | $161.8M | $131.9M | $174.7M | $180.5M | $157.0M | $134.4M | $179.6M | $187.7M |
| Cost of revenue | $68.9M | $60.8M | $87.9M | $85.1M | $74.3M | $60.4M | $81.8M | $83.9M | $71.7M | $61.5M | $82.8M | $85.4M |
| Gross profit | $100.8M | $81.6M | $103.6M | $101.1M | $87.6M | $71.5M | $92.9M | $96.6M | $85.3M | $72.9M | $96.8M | $102.3M |
| Sales, general & admin | $85.9M | $74.6M | $89.8M | $89.3M | $83.6M | $71.1M | $62.5M | $91.8M | $83.3M | $72.2M | $45.8M | $81.6M |
| Total operating expenses | $85.9M | $74.6M | $89.8M | $89.3M | $83.6M | $70.5M | $85.7M | $90.6M | $82.6M | $70.8M | $83.3M | $81.6M |
| Operating income | $14.9M | $7.0M | $13.8M | $11.7M | $4.0M | $991,000 | $7.1M | $6.0M | $2.6M | $2.1M | $13.5M | $20.7M |
| Interest income | — | — | $150,000 | $136,000 | $110,000 | $111,000 | $117,000 | $144,000 | — | — | — | — |
| Interest expense | $108,000 | $102,000 | $150,000 | $136,000 | $110,000 | $111,000 | $117,000 | $144,000 | $110,000 | $118,000 | $136,000 | $135,000 |
| Income before taxes | $16.0M | $8.9M | $14.4M | $12.9M | $5.1M | $1.9M | $8.6M | $7.4M | $4.4M | $4.2M | $15.1M | $22.2M |
| Income taxes | $3.5M | $1.9M | $1.6M | $3.3M | $2.0M | $660,000 | $1.7M | $2.4M | $843,000 | $2.0M | $2.7M | $4.5M |
| Net income | $12.3M | $6.9M | $12.6M | $9.6M | $3.0M | $1.4M | $6.7M | $4.8M | $3.5M | $2.0M | $12.1M | $17.4M |
| EBITDA | $17.1M | $11.3M | $16.9M | $15.5M | $7.6M | $3.3M | $11.0M | $9.9M | $6.8M | $6.6M | $17.6M | $24.6M |
| EPS (diluted) | $0.54 | $0.32 | $0.57 | $0.42 | $0.13 | $0.06 | $0.36 | $0.22 | $0.16 | $0.13 | $0.55 | $0.77 |
| Gross margin | 59.4% | 57.3% | 54.1% | 54.3% | 54.1% | 54.2% | 53.2% | 53.5% | 54.3% | 54.3% | 53.9% | 54.5% |
| Operating margin | 8.8% | 4.9% | 7.2% | 6.3% | 2.5% | 0.8% | 4.1% | 3.3% | 1.7% | 1.6% | 7.5% | 11.0% |
| Net margin | 7.2% | 4.9% | 6.6% | 5.1% | 1.8% | 1.1% | 3.8% | 2.7% | 2.2% | 1.5% | 6.8% | 9.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MOV's financial statements (latest annual report filed March 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MOV financial results
In fiscal year 2026 (ended January 31, 2026), Movado reported revenue of $671.3 million, up 2.7% from the year before. It had net income of $26.6 million (up 44.6%), a net profit margin of 4.0%. Diluted earnings per share came to $1.18. Over five years revenue grew at an average rate of 5.8% a year.
See the MOV stock overview for the latest quote and news, or the MOV chart for price history and technical indicators.
MOV income statement FAQ
What is Movado's annual revenue?
Movado reported total revenue of $671.3 million for fiscal year 2026, which ended on January 31, 2026. That was up 2.7% from $653.4 million the previous year.
Is Movado profitable?
Yes. Movado reported net income of $26.6 million in fiscal 2026, a net profit margin of 4.0%; its operating margin was 4.4%.
What is Movado's gross margin?
Movado's gross margin was 54.2% in fiscal 2026: for every $100 of revenue, Movado kept $54 after the direct cost of its products and services.
How fast is Movado growing?
Revenue grew 5.8% a year on average over the last five fiscal years, from $506.4 million to $671.3 million.
What are Movado's earnings per share?
Movado earned $1.18 per diluted share in fiscal 2026, compared with $0.87 a year earlier.
When will Movado report its next earnings?
Movado is expected to report results for the quarter ending October 31, 2026 on November 24, 2026 before the market opens.
When does Movado's fiscal year end?
Movado's fiscal year ends in January. The latest annual report covers the year ended January 31, 2026 and was filed on March 19, 2026.