Filing Flows › Steven Madden (SHOO) › Q2 2026
Steven Madden (SHOO) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 31, 2026
Steven Madden (SHOO) reported revenue of $666M for the second quarter 2026 (Q2 2026), +19% from a year earlier and +2% from the quarter before. Operating margin was 5.9%, net earnings $27.7M (4.2% of revenue).
Steven Madden, Q2 2026: revenue $666M (+19% year over year), operating margin 5.9%, net earnings $27.7M, operating cash flow $205M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $666M | +2% | +19% |
| Gross profit | $310M | -13% | +37% |
| Operating profit | $39.3M | -60% | — |
| Net earnings | $27.7M | -61% | — |
| Operating cash flow | $205M | — | +208% |
| Free cash flow | $196M | — | +233% |
What changed
Revenue was $665.9M in Q2 2026, up 19% year over year and up 2% from the previous quarter.
Gross margin was 46.5%, up 6.1 points from Q2 2025. Operating profit was $39.3M, a 5.9% margin (up 13.1 points year over year). Operating expenses grew 2% against revenue growth of 19%. Net earnings were $27.7M. The effective tax rate was 26.6%.
Operating cash flow was $204.6M (up 208% year over year), 733% of net earnings. Non-cash charges added back $9.2M of depreciation and amortization and $8.5M of share-based compensation. Working capital and other items added $159.0M. Capital expenditures of $8.5M left free cash flow of $196.1M.
Questions
What was Steven Madden's revenue in the second quarter 2026?
Steven Madden (SHOO) reported revenue of $666M for the second quarter 2026 (Q2 2026), +19% from a year earlier and +2% from the quarter before.
Was Steven Madden profitable in the second quarter 2026?
Operating profit was $39.3M (5.9% of revenue) and net earnings $27.7M.
Source: Steven Madden 10-Q on SEC EDGAR.