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Crocs, Inc.

CROX · Materials

Last earnings Oct 29, 2026

Key results

To Growth With revenuequarter

6%

Returns To Growth With Revenues Up 6%

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Revenuequarter

4%

The Crocs Brand delivered a record third quarter with revenues up 4%, led by double-digit international revenue growth and continued momentum across our product diversification strategy.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

HEYDUDE revenuequarter

6%

HEYDUDE revenues grew 6%, marking an important milestone as we delivered on our commitment stated earlier in the year to return the brand to growth.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Consolidated revenuequarter

$1,043 million

Third Quarter 2026 Operating Results (Compared to the Same Period Last Year) Consolidated revenues were $1,043 million, an increase of 4.6% on a reported and constant currency basis.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Direct-to-consumer ( DTC ) revenues grew 6.9% on a reported and constant currency basis.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Wholesale revenuequarter

1.8%

Wholesale revenues grew 1.8%, or 1.9% on a constant currency basis.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Gross marginquarter

66.2%

Gross margin was 66.2% compared to 58.5%.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Adjusted gross marginquarter

60.3%

Adjusted gross margin increased 180 basis points to 60.3% compared to 58.5%.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

AI analysis

Q3 2026 · reported Oct 29, 2026

Based on: Earnings release + parent 8-K — transcript not held

Consolidated revenue · Q3 2026
$1,043M
EX-99 · Oct 29, 2026
Gross margin · Q3 2026
66.2%
EX-99 · Oct 29, 2026
Adjusted gross margin · Q3 2026
60.3%
+0.9 pts vs prior quarter computed from stated figures
EX-99 · Oct 29, 2026

Headline figures

MetricQ3 2026Prior qtrYear ago
To Growth With revenue6%——
Revenue4%$1,179 million—
HEYDUDE revenue6%——
Consolidated revenue$1,043 million$1,179 million—
Wholesale revenue1.8%7.2%—
Gross margin66.2%59.4%—
Adjusted gross margin60.3%59.4%—

EX-99 · Oct 29, 2026

Guidance · company-stated

Direction: Raised

Revenue

“Reports Strong Third Quarter 2026 Results Raises Full-Year 2026 Outlook Full-Year 2026 Outlook Raised On Both The Top- And Bottom-Line Third Consecutive FY26 Raise HEYDUDE Brand Returns To Growth With Revenues Up 6% To Prior Year Repurchased Approximately 2.”

Revenue

“As a result, we are raising our full-year 2026 enterprise revenue growth outlook to approximately 3%, said Andrew Rees, Chief Executive Officer.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Gross margin66.2%
Adjusted gross margin60.3%

Capital allocation

To Growth With revenue6%

Reports Strong Third Quarter 2026 Results Raises Full-Year 2026 Outlook Full-Year 2026 Outlook Raised On Both The Top- And Bottom-Line Third Consecutive FY26 Raise HEYDUDE Brand Returns To Growth With Revenues Up 6% To Prior Year Repurchased Approximately 2.0 Million Shares In Third Quarter Representing $250 Million in Buyback ___________________________________________________________________________ BROOMFIELD, COLORADO October 29, 2026 Crocs, Inc.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

These results reflect strong execution against our strategic priorities and reinforce our confidence in the trajectory of both brands

Based on: Earnings release + parent 8-K — transcript not held

Guidance & outlook

Direction: Raised

Revenue: “Reports Strong Third Quarter 2026 Results Raises Full-Year 2026 Outlook Full-Year 2026 Outlook Raised On Both The Top- And Bottom-Line Third Consecutive FY26 Raise HEYDUDE Brand Returns To Growth With Revenues Up 6% To Prior Year Repurchased Approximately 2.”

Revenue: “As a result, we are raising our full-year 2026 enterprise revenue growth outlook to approximately 3%, said Andrew Rees, Chief Executive Officer.”

Revenue — Raised (“Raises”)
“Reports Strong Third Quarter 2026 Results Raises Full-Year 2026 Outlook Full-Year 2026 Outlook Raised On Both The Top- And Bottom-Line Third Consecutive FY26 Raise HEYDUDE Brand Returns To Growth With Revenues Up 6% To Prior Year Repurchased Approximately 2.”

Revenue — Raised (“raising”)
“As a result, we are raising our full-year 2026 enterprise revenue growth outlook to approximately 3%, said Andrew Rees, Chief Executive Officer.”

Classified from the release's primary full-year outlook statement.

Capital allocation

Reports Strong Third Quarter 2026 Results Raises Full-Year 2026 Outlook Full-Year 2026 Outlook Raised On Both The Top- And Bottom-Line Third Consecutive FY26 Raise HEYDUDE Brand Returns To Growth With Revenues Up 6% To Prior Year Repurchased Approximately 2.0 Million Shares In Third Quarter Representing $250 Million in Buyback ___________________________________________________________________________ BROOMFIELD, COLORADO October 29, 2026 Crocs, Inc.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

During the quarter, we returned $250 million to shareholders through share repurchases while continuing to strengthen our balance sheet through debt paydown.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

During the quarter, we repurchased approximately 2.0 million shares for $250.0 million at the average share price of $123.32.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

At quarter-end, approximately $1.7 billion of share repurchase authorization remained available for future repurchases.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Adjusted diluted earnings per share guidance does not assume any impact from potential future share repurchases.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

These statements include, but are not limited to, statements regarding our financial condition, brand and liquidity outlook, and expectations regarding our future financial results, share repurchases, our strategy, plans, objectives, expectations (financial or otherwise) and intentions, growth potential, statements regarding future financial outlook and future profitability, cash flows, and brand strength, anticipated product portfolio and our ability to deliver sustained, highly profitable growth and create significant shareholder value.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Strategy & priorities

We delivered a strong third quarter with growth across brands, channels and geographies, while expanding margins year over year through disciplined execution of our brand strategies.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

The Crocs Brand delivered a record third quarter with revenues up 4%, led by double-digit international revenue growth and continued momentum across our product diversification strategy.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

These results reflect strong execution against our strategic priorities and reinforce our confidence in the trajectory of both brands.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

A non-GAAP net benefit of $40 million primarily associated with tariff refunds and our cost reduction initiatives.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Adjusted operating margin to expand modestly from 22.5%, up from our previous guidance of expansion from 22.3%.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Risks & headwinds

A non-GAAP net benefit of $40 million primarily associated with tariff refunds and our cost reduction initiatives.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Non-GAAP gross margin reconciliation by brand Crocs Brand Three Months Ended September 30, Nine Months Ended September 30, 2026 2025 2026 2025 GAAP Crocs Brand gross margin 68.6 % 61.8 % 63.7% 62.3 % Non-GAAP adjustments IEEPA tariff refunds (1) (5.3) % % (1.7) % % Distributor takeback costs (2) % % 0.1 % % Distribution centers (3) 0.1 % % 0.1 % % Other less than 0.1% % less than 0.1% % Non-GAAP Crocs Brand gross margin 63.4 % 61.8 % 62.2 % 62.3 % (1) These refunds, resulting from the February 20, 2026, United States Supreme Court Ruling, are non-recurring.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

9 HEYDUDE Brand Three Months Ended September 30, Nine Months Ended September 30, 2026 2025 2026 2025 GAAP HEYDUDE Brand gross margin 55.1 % 42.3 % 47.4 % 46.6 % Non-GAAP adjustments IEEPA tariff refunds (1) (10.6) % % (3.6) % % Distribution centers (2) 1.3 % % 0.8 % % Non-GAAP HEYDUDE Brand gross margin 45.8 % 42.3 % 44.6 % 46.6 % (1) These refunds, resulting from the February 20, 2026, United States Supreme Court Ruling, are non-recurring.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

(3) Relates to interest on IEEPA tariff refunds received during the three months ended September 30, 2026.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

This estimate does not include the receipt of potential IEEPA tariff refunds, as we are not able to predict the timing quarter-by-quarter.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

We plan to recognize IEEPA tariff refunds when they are realized or considered realizable, in accordance with the gain contingency model.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

What changed vs prior quarter

Guidance direction — prior quarter: Raised; this quarter: Raised

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Revenue — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Consolidated revenue — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Crocs, Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Rio Tinto (RIO) MaterialsCemex Sab De Cv (CX) MaterialsWheaton Precious Metals (WPM) MaterialsNucor (NUE) MaterialsFranco-Nevada (FNV) MaterialsKinross Gold (KGC) MaterialsBarrick Mining (B) MaterialsCarpenter Technology (CRS) Materials
Documents

Filings

32 documents

Earnings releases

12 documents

Presentations

0 documents

No presentations for Crocs, Inc. are held in this edition of the library.

Transcripts

0 documents

No transcripts for Crocs, Inc. are held in this edition of the library.

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