The financials
Steven Madden, Ltd. by the numbers
Steven Madden, Ltd. (SHOO) reported revenue of $653M in Q1 2026 (quarter ended Mar 31, 2026), up 18% from the same quarter a year earlier. That came with a gross margin of 55% and net income of $72M (11% of revenue). For the full year FY2025, revenue was $2.53B (+11% year on year) and net income $49M. Its largest segment in Jun 2026 was Direct To Consumer at $255M, 38% of the disclosed total, just ahead of Wholesale Footwear at 36%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $653M | $554M | +18% |
| Gross profit | $357M | $226M | +58% |
| Operating income | $99M | $53M | +85% |
| Net income | $72M | $40M | +78% |
| Diluted EPS | $1.00 | $0.57 | +75% |
| Operating | Revenue | Share |
|---|---|---|
| Direct To Consumer | $255M | 38% |
| Wholesale Footwear | $240M | 36% |
| Wholesale Accessories Apparel | $167M | 25% |
| Licensing | $3.0M | 0.4% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Jun 2026Total $665.9M (+2.0%)
Direct To Consumer grew +31% year on yearLicensing +1.4% year on year
Segment Latestquarter on quarteryear on year
- Direct To Consumer$255.4M$255.4MQoQ +24%year on year +31%+24%+31%
- Wholesale Footwear$240.0M$240.0MQoQ -14%year on year +9.0%-14%+9.0%
- Wholesale Accessories Apparel$167.5M$167.5MQoQ +1.6%year on year +19%+1.6%+19%
- Licensing$3.0M$3.0MQoQ -14%year on year +1.4%-14%+1.4%
Consumer Cyclical
Ranks #193 of 249 by Smart Score