Filing Flows › Crocs (CROX) › Q3 2026 › vs Q3 2025
Crocs (CROX) Q3 2026 vs Q3 2025 (year over year)
Crocs's revenue rose $46.3M (+5%) from $996M in Q3 2025 to $1.0B in Q3 2026. The biggest changes: Crocs Brand +$36.5M (+4%); HEYDUDE Brand +$9.8M (+6%). Gross margin 66.2% against 58.5% (+7.6 pts).
Crocs, Q3 2026: revenue $1.0B (+5% year over year), operating margin 28.0%, net earnings $217M, operating cash flow $290M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 66.2% | 58.5% | +7.6 pts |
| Operating margin | 28.0% | 20.8% | +7.2 pts |
| Net margin | 20.8% | 14.6% | +6.2 pts |
| Free cash flow margin | 26.4% | 22.7% | +3.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Crocs Brand | $873M | $836M | $36.5M | +4% |
| HEYDUDE Brand | $170M | $160M | $9.8M | +6% |
| Revenue | $1.0B | $996M | $46.3M | +5% |
| Gross profit | $690M | $583M | $107M | +18% |
| Cost of revenue | $353M | $413M | −$60.4M | -15% |
| Operating profit | $292M | $208M | $84.3M | +41% |
| Operating expenses | $398M | $375M | $22.5M | +6% |
| Pre-tax earnings | $277M | $189M | $88.0M | +46% |
| Other expense, net | $14.5M | $18.2M | −$3.7M | -21% |
| Net earnings | $217M | $146M | $70.9M | +49% |
| Income tax | $60.7M | $43.6M | $17.1M | +39% |
| Depreciation & amortization | $20.6M | $20.3M | $263K | +1% |
| Share-based compensation | $11.6M | $8.5M | $3.2M | +37% |
| Working capital & other | $41.4M | $64.7M | −$23.3M | -36% |
| Operating cash flow | $290M | $239M | $51.1M | +21% |
| Free cash flow (company-reported) | $276M | $226M | $49.4M | +22% |
| Purchases of property, equipment, and software | $14.9M | $13.2M | $1.7M | +13% |
Questions
How much did Crocs's revenue grow year over year in Q3 2026?
Crocs's revenue rose $46.3M (+5%) from $996M in Q3 2025 to $1.0B in Q3 2026.
What drove Crocs's revenue change in Q3 2026?
Crocs Brand +$36.5M (+4%); HEYDUDE Brand +$9.8M (+6%).