The financials
Steven Madden, Ltd. by the numbers
Steven Madden, Ltd. (SHOO) reported revenue of $653M in Q1 2026 (quarter ended March 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 2026-Q1 was Wholesale Footwear at $279M, 43% of the disclosed total, just ahead of Direct To Consumer at 32%.
| 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 |
|---|---|---|
| Wholesale Footwear | $279M | 43% |
| Direct To Consumer | $206M | 32% |
| Wholesale Accessories Apparel | $165M | 25% |
| Licensing | $3.4M | 0.5% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $653.1M (-2.2%)
Direct To Consumer grew +84% year on yearWholesale Footwear -5.8% year on year
Segment Latestquarter on quarteryear on year
- Wholesale Footwear$278.9M$278.9MQoQ +4.6%year on year -5.8%+4.6%-5.8%
- Direct To Consumer$206.0M$206.0MQoQ -year on year +84%-+84%
- Wholesale Accessories Apparel$164.8M$164.8MQoQ -6.5%year on year +15%-6.5%+15%
- Licensing$3.4M$3.4MQoQ -6.5%year on year +60%-6.5%+60%
- Retail--QoQ -year on year ---
Footwear & Accessories
Ranks #4 of 7 by Smart Score