Filing Flows

Filing Flows › Steven Madden (SHOO) › Q2 2026 › vs Q2 2025

Steven Madden (SHOO) Q2 2026 vs Q2 2025 (year over year)

Steven Madden's revenue rose $107M (+19%) from $559M in Q2 2025 to $666M in Q2 2026. Gross margin 46.5% against 40.4% (+6.1 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 Q2 2025, the increases inside each band.

Steven Madden: what changed, Q2 2026 vs Q2 2025Steven Madden: what changed, Q2 2026 vs Q2 2025Operating cash flow$138MFree cash flow (OCF − capex)$137MGross profit$83.6MOperating profit$79.6MPre-tax earnings$72.9MWorking capital & other$69.5MNet earnings$67.2MCost of revenue$23.2MIncome tax$6.2MOperating expenses$4.1M

Margins

Q2 2026Q2 2025Change
Gross margin46.5%40.4%+6.1 pts
Operating margin5.9%-7.2%+13.1 pts
Net margin4.2%-7.1%+11.2 pts
Free cash flow margin29.4%10.5%+18.9 pts

Every line

LineQ2 2026Q2 2025Change%
Revenue$666M$559M$107M+19%
Gross profit$310M$226M$83.6M+37%
Cost of revenue$356M$333M$23.2M+7%
Operating profit$39.3M−$40.3M$79.6M—
Operating expenses$270M$266M$4.1M+2%
Pre-tax earnings$38.1M−$34.8M$72.9M—
Net earnings$27.7M−$39.5M$67.2M—
Minority interests$198K$765K−$567K-74%
Income tax$10.1M$3.9M$6.2M+159%
Depreciation & amortization$9.2M$8.7M$532K+6%
Share-based compensation$8.5M$7.5M$927K+12%
Working capital & other$159M$89.7M$69.5M+77%
Operating cash flow$205M$66.5M$138M+208%
Free cash flow (OCF − capex)$196M$58.8M$137M+233%
Capital expenditures$8.5M$7.7M$841K+11%

Questions

How much did Steven Madden's revenue grow year over year in Q2 2026?

Steven Madden's revenue rose $107M (+19%) from $559M in Q2 2025 to $666M in Q2 2026. Gross margin 46.5% against 40.4% (+6.1 pts).

Q2 2026 results → · Compare in the interactive Sankey →