Filing Flows › Fossil Group (FOSL) › Q1 2026
Fossil Group (FOSL) Q1 2026 earnings results (first quarter 2026)
10-K filed Mar 12, 2026
Fossil Group (FOSL) reported revenue of $281M for the first quarter 2026 (Q1 2026), -18% from a year earlier and +4% from the quarter before. Operating margin was 0.3%, net loss $17.8M (6.4% of revenue).
Fossil Group, Q1 2026: revenue $281M (-18% year over year), operating margin 0.3%, net loss $17.8M, operating cash flow $15.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $281M | +4% | -18% |
| Operating profit | $860K | — | — |
| Net earnings | −$17.8M | — | — |
| Operating cash flow | $15.2M | — | -50% |
| Free cash flow | $14.1M | — | -51% |
What changed
Revenue was $280.5M in Q1 2026, down 18% year over year and up 4% from the previous quarter. Traditional watches was the largest line at 82% of revenue.
Gross margin was 57.4%, up 3.5 points from Q4 2024. Operating profit was $860K, a 0.3% margin (up 5.1 points year over year). Operating expenses fell 20% while revenue fell 18%. The quarter ended with a net loss of $17.8M, narrower than the previous quarter's $40.0M loss.
Operating cash flow was $15.2M (down 50% year over year). Non-cash charges added back $3.3M of depreciation and amortization and $543K of share-based compensation. Working capital and other items added $29.2M. Capital expenditures of $1.1M left free cash flow of $14.1M.
Questions
What was Fossil Group's revenue in the first quarter 2026?
Fossil Group (FOSL) reported revenue of $281M for the first quarter 2026 (Q1 2026), -18% from a year earlier and +4% from the quarter before.
Was Fossil Group profitable in the first quarter 2026?
Operating profit was $860K (0.3% of revenue) and net loss $17.8M.
Source: Fossil Group 10-K on SEC EDGAR.