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Zumiez (ZUMZ) earnings and revenue breakdown

Latest: Q2 FY27 · 10-Q filed Sep 10, 2026 · Zumiez (ZUMZ) Q2 FY27 earnings results →

Q2 FY27 Revenue down 2% year over year to $209M · 1¢ of every $1 of revenue lost · operating margin -0.6%

Zumiez made $209M in Q2 FY27 (-2% Y/Y). Operating margin -0.6%, net loss $2.7M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Sep 10, 2026.

Revenue$209M
Year over year-2%
Operating margin-0.6%
Net earnings−$2.7M
Operating cash flow$819K

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $209.0M in Q2 FY27, down 2% year over year and up 8% from the previous quarter.

Gross margin was 35.3%, down 0.1 points from Q2 FY26. Operating costs exceeded revenue by $1.3M, an operating margin of -0.6%. Operating expenses fell 1% while revenue fell 2%. The quarter ended with a net loss of $2.7M, narrower than the previous quarter's $13.3M loss.

Operating cash flow was $819K (down 93% year over year). Non-cash charges added back $4.7M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $3.1M. Capital expenditures of $3.2M exceeded it, leaving free cash flow of −$2.4M.

Quarterly history

Zumiez revenue by quarterZumiez revenue by quarter$279MQ4 FY25$184MQ1 FY26$214MQ2 FY26$239MQ3 FY26$291MQ4 FY26$193MQ1 FY27$209MQ2 FY27
Zumiez net earnings by quarterZumiez net earnings by quarter$14.8MQ4 FY25−$14.3MQ1 FY26−$1.0MQ2 FY26$9.2MQ3 FY26$19.6MQ4 FY26−$13.3MQ1 FY27−$2.7MQ2 FY27
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 FY2710-QSep 10, 2026$209M-2%-0.6%−$2.7M$819K
Q1 FY2710-QJun 4, 2026$193M+5%-7.9%−$13.3M−$28.1M
Q4 FY2610-KMar 12, 2026$291M+4%8.6%$19.6M$57.7M
Q3 FY2610-QDec 4, 2025$239M+8%4.9%$9.2M$5.3M
Q2 FY2610-QSep 4, 2025$214M+2%0.0%−$1.0M$12.6M
Q1 FY2610-QJun 5, 2025$184M+4%-10.8%−$14.3M−$22.1M
Q4 FY2510-KMar 13, 2025$279M-0.9%7.2%$14.8M$54.7M

Charts

Zumiez: revenue growth, year over year and quarter over quarterZumiez: revenue growth, year over year and quarter over quarterY/YQ/Q-1%Q4 FY25+4%-34%Q1 FY26+2%+16%Q2 FY26+8%+12%Q3 FY26+4%+22%Q4 FY26+5%-34%Q1 FY27-2%+8%Q2 FY27
Latest (Q2 FY27): Y/Y -2%, Q/Q +8%.
Zumiez: where the cash came from (+) and went (−), TTM to Q2 FY27Zumiez: where the cash came from (+) and went (−), TTM to Q2 FY27Operating cash flow$35.7MBuybacks−$34.5MCash drawn (+) / kept (−)$28.3MOther investing−$19.2MCapital spending−$10.6MShares issued$758KExchange rates−$374K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Zumiez: profit against cash, quarter by quarterZumiez: profit against cash, quarter by quarterNet incomeOperating cash flow$1.2M−$18.6MQ3 FY25$14.8M$54.7MQ4 FY25−$14.3M−$22.1MQ1 FY26−$1.0M$12.6MQ2 FY26$9.2M$5.3MQ3 FY26$19.6M$57.7MQ4 FY26−$13.3M−$28.1MQ1 FY27−$2.7M$819KQ2 FY27
Latest (Q2 FY27): Net income −$2.7M, Operating cash flow $819K.
Zumiez: diluted shares by fiscal yearZumiez: diluted shares by fiscal year25MFY2125MFY2219MFY2319MFY2419MFY2517MFY26
-32.1% since FY21: buybacks shrank the count.
Zumiez in its industry: growth against margin (7 companies, SIC 5600)Zumiez in its industry: growth against margin (7 companies, SIC 5600)revenue growth, year over year →↑ operating marginmedian -2%median 5%CURVCTRNTLYSDLTHVNCEDBGIZUMZ (-2%, -1%)
Retail-Apparel & Accessory Stores; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Zumiez

Zumiez Inc., including its wholly-owned subsidiaries, is a leading specialty retailer of apparel, footwear, accessories and hardgoods for young men and women who want to express their individuality through the fashion, music, art and culture of action sports, streetwear and other unique lifestyles. Zumiez Inc. was formed in August 1978 and is a Washington State corporation. We operate under the names Zumiez, Blue Tomato and Fast Times. We operate ecommerce websites at zumiez.com, zumiez.ca, blue-tomato.com and fasttimes.com.au. At January 31, 2026, we operated 719 stores; 561 in the United States (“U.S.”), 45 in Canada, 85 in Europe and 28 in Australia.

In its own words, from its 10-K, filed Mar 12, 2026.

Zumiez against its Retail-Apparel & Accessory Stores peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -2% against the peers' median -2%. Operating margin: -0.6% against the peers' median 5.0%.

CompanyQuarterRevenueY/YOp. margin
ZUMZ ZumiezQ2 FY27$209M-2%-0.6%
CURV Torrid HoldingsQ2 FY27$232M-12%6.3%
CTRN Citi TrendsQ2 FY27$212M+11%-0.8%
TLYS Tilly'sQ2 FY27$164M+8%5.0%
DLTH Duluth HoldingsQ2 FY27$121M-8%15.5%
VNCE Vince HoldingQ2 FY27$81.8M+12%16.6%
DBGI Digital Brands GroupQ2 2026$1.2M-46%-618.6%

Source: Zumiez 10-Q on SEC EDGAR · CIK 1318008 · Retail-Apparel & Accessory Stores

13F: who owns ZUMZ and who is buying

Largest holders of ZUMZ (13F)Largest holders of ZUMZ (13F)BlackRock$34.5MVanguard Group$26.7MDimensional Fund Advisors LP$18.7MGoldman Sachs Group$14.4MAcadian Asset Management LLC$12.4MVanguard Capital Management LLC$10.3MArrowstreet Capital, Limited Part…$7.8MVanguard Portfolio Management LLC$6.8MAmeriprise Financial$6.6MGeode Capital Management, LLC$6.4M
Funds' net buying of ZUMZ by quarter (13F)Funds' net buying of ZUMZ by quarter (13F)−$26.9M2024-09−$191K2024-12−$5.1M2025-03−$17.1M2025-06−$19.0M2025-09$6.8M2025-12$2.9M2026-03−$8.7M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on ZUMZ

History

Every quarter: Q2 FY27 results · Q1 FY27 results · Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results

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