Filing Flows › Steven Madden (SHOO) › Q2 2025
Steven Madden (SHOO) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Steven Madden (SHOO) reported revenue of $559M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +1% from the quarter before. Operating margin was -7.2%, net loss $38.7M (6.9% of revenue).
Steven Madden, Q2 2025: revenue $559M (+7% year over year), operating margin -7.2%, net loss $38.7M, operating cash flow $66.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $559M | +1% | +7% |
| Operating profit | −$40.3M | -175% | — |
| Net earnings | −$38.7M | -196% | — |
| Operating cash flow | $66.5M | — | -39% |
| Free cash flow | $58.8M | — | -44% |
What changed
Revenue was $559.0M in Q2 2025, up 7% year over year and up 1% from the previous quarter.
Gross margin was 40.4%, down 1.0 points from a year earlier. Operating costs exceeded revenue by $40.3M, an operating margin of -7.2%. Operating expenses grew 56% against revenue growth of 7%. The quarter ended with a net loss of $38.7M, after a profit of $41.3M the previous quarter.
Operating cash flow was $66.5M (down 39% year over year). Non-cash charges added back $8.7M of depreciation and amortization and $7.5M of share-based compensation. Working capital and other items added $89.0M. Capital expenditures of $7.7M left free cash flow of $58.8M.
Questions
What was Steven Madden's revenue in the second quarter 2025?
Steven Madden (SHOO) reported revenue of $559M for the second quarter 2025 (Q2 2025), +7% from a year earlier and +1% from the quarter before.
Was Steven Madden profitable in the second quarter 2025?
Operating loss was $40.3M (-7.2% of revenue) and net loss $38.7M.
Source: Steven Madden 10-Q on SEC EDGAR.