Filing Flows › Crocs (CROX) › Q2 2026 › vs Q1 2026
Crocs (CROX) Q2 2026 vs Q1 2026 (quarter over quarter)
Crocs's revenue rose $258M (+28%) from $921M in Q1 2026 to $1.2B in Q2 2026. The biggest changes: Crocs Brand +$233M (+30%); HEYDUDE Brand +$25.0M (+16%). Gross margin 59.4% against 56.8% (+2.7 pts).
Crocs, Q2 2026: revenue $1.2B (+3% year over year), operating margin 24.2%, net earnings $205M, operating cash flow $352M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 59.4% | 56.8% | +2.7 pts |
| Operating margin | 24.2% | 21.8% | +2.4 pts |
| Net margin | 17.4% | 14.9% | +2.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Crocs Brand | $1.0B | $767M | $233M | +30% |
| HEYDUDE Brand | $179M | $154M | $25.0M | +16% |
| Revenue | $1.2B | $921M | $258M | +28% |
| Gross profit | $701M | $523M | $178M | +34% |
| Cost of revenue | $479M | $399M | $80.2M | +20% |
| Operating profit | $286M | $201M | $84.8M | +42% |
| Operating expenses | $415M | $322M | $92.9M | +29% |
| Pre-tax earnings | $264M | $179M | $85.1M | +48% |
| Other expense, net | $21.8M | $22.0M | −$245K | -1% |
| Net earnings | $205M | $138M | $67.3M | +49% |
| Income tax | $59.0M | $41.3M | $17.7M | +43% |
| Depreciation & amortization | $20.0M | $20.2M | −$194K | -1% |
| Share-based compensation | $14.2M | $10.6M | $3.6M | +34% |
| Working capital & other | $113M | −$249M | $362M | — |
| Operating cash flow | $352M | −$80.9M | $433M | — |
Questions
How much did Crocs's revenue grow quarter over quarter in Q2 2026?
Crocs's revenue rose $258M (+28%) from $921M in Q1 2026 to $1.2B in Q2 2026.
What drove Crocs's revenue change in Q2 2026?
Crocs Brand +$233M (+30%); HEYDUDE Brand +$25.0M (+16%).