Filing Flows › Steven Madden (SHOO) › Q2 2026 › vs Q1 2026
Steven Madden (SHOO) Q2 2026 vs Q1 2026 (quarter over quarter)
Steven Madden's revenue rose $12.8M (+2%) from $653M in Q1 2026 to $666M in Q2 2026. Gross margin 46.5% against 54.7% (-8.2 pts).
Steven Madden, Q2 2026: revenue $666M (+19% year over year), operating margin 5.9%, net earnings $27.7M, operating cash flow $205M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 46.5% | 54.7% | -8.2 pts |
| Operating margin | 5.9% | 15.1% | -9.2 pts |
| Net margin | 4.2% | 11.0% | -6.8 pts |
| Free cash flow margin | 29.4% | -9.4% | +38.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $666M | $653M | $12.8M | +2% |
| Gross profit | $310M | $357M | −$47.8M | -13% |
| Cost of revenue | $356M | $296M | $60.5M | +20% |
| Operating profit | $39.3M | $98.7M | −$59.4M | -60% |
| Operating expenses | $270M | $259M | $11.7M | +5% |
| Pre-tax earnings | $38.1M | $95.1M | −$57.1M | -60% |
| Net earnings | $27.7M | $71.8M | −$44.1M | -61% |
| Minority interests | $198K | −$179K | $377K | — |
| Income tax | $10.1M | $23.5M | −$13.4M | -57% |
| Depreciation & amortization | $9.2M | $9.4M | −$152K | -2% |
| Share-based compensation | $8.5M | $7.3M | $1.2M | +16% |
| Working capital & other | $159M | −$144M | $303M | — |
| Operating cash flow | $205M | −$55.3M | $260M | — |
| Free cash flow (OCF − capex) | $196M | −$61.2M | $257M | — |
| Capital expenditures | $8.5M | $5.9M | $2.6M | +44% |
Questions
How much did Steven Madden's revenue grow quarter over quarter in Q2 2026?
Steven Madden's revenue rose $12.8M (+2%) from $653M in Q1 2026 to $666M in Q2 2026. Gross margin 46.5% against 54.7% (-8.2 pts).