Filing Flows › Steven Madden (SHOO) › Q3 2026 › vs Q2 2026
Steven Madden (SHOO) Q3 2026 vs Q2 2026 (quarter over quarter)
Steven Madden's revenue rose $107M (+16%) from $666M in Q2 2026 to $773M in Q3 2026. Gross margin 44.6% against 46.5% (-1.9 pts).
Steven Madden, Q3 2026: revenue $773M (+16% year over year), operating margin 9.5%, net earnings $52.4M, operating cash flow $3.5M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 44.6% | 46.5% | -1.9 pts |
| Operating margin | 9.5% | 5.9% | +3.6 pts |
| Net margin | 6.8% | 4.2% | +2.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $773M | $666M | $107M | +16% |
| Gross profit | $344M | $310M | $34.6M | +11% |
| Cost of revenue | $428M | $356M | $72.1M | +20% |
| Operating profit | $73.2M | $39.3M | $33.9M | +86% |
| Operating expenses | $271M | $270M | $706K | +0.3% |
| Pre-tax earnings | $71.4M | $38.1M | $33.3M | +88% |
| Net earnings | $52.4M | $27.7M | $24.7M | +89% |
| Minority interests | $228K | $198K | $30K | +15% |
| Income tax | $18.7M | $10.1M | $8.6M | +85% |
| Operating cash sources | $70.2M | $45.4M | $24.8M | +55% |
| Depreciation & amortization | $9.2M | $9.2M | $7K | +0.1% |
| Share-based compensation | $8.6M | $8.5M | $94K | +1% |
| Working capital & other | $66.7M | −$159M | $226M | — |
| Operating cash flow | $3.5M | $205M | −$201M | -98% |
| Capital expenditures | $14.4M | $8.5M | $5.9M | +69% |
| Negative free cash flow (OCF − capex) | $10.9M | −$196M | $207M | — |
Questions
How much did Steven Madden's revenue grow quarter over quarter in Q3 2026?
Steven Madden's revenue rose $107M (+16%) from $666M in Q2 2026 to $773M in Q3 2026. Gross margin 44.6% against 46.5% (-1.9 pts).