Crocs

Crocs (CROX) Q2 2026 Earnings

Reported Jul 30, 2026 at 7:02 AM ET · SEC Source

Q2 26 EPS

$4.55

BEAT +4.65%

Est. $4.35

Q2 26 Revenue

$1.18B

BEAT +2.67%

Est. $1.15B

vs S&P Since Q2 26

-5.8%

TRAILING MARKET

CROX -1.6% vs S&P +4.2%

Market Reaction

Did CROX Beat Earnings? Q2 2026 Results

Crocs, Inc. Posted a strong second quarter for fiscal 2026, beating Wall Street expectations on both the top and bottom lines and extending its consensus EPS beat streak to five consecutive quarters. Adjusted diluted EPS came in at $4.55, ahead of th… Read more Crocs, Inc. Posted a strong second quarter for fiscal 2026, beating Wall Street expectations on both the top and bottom lines and extending its consensus EPS beat streak to five consecutive quarters. Adjusted diluted EPS came in at $4.55, ahead of the $4.35 consensus estimate by 4.65%, while revenue of $1.18 billion topped the $1.15 billion forecast by 2.67% and grew 2.6% year over year. The clearest driver of the quarter's strength was the Crocs Brand itself, which crossed $1.00 billion in quarterly revenue for the first time on a reported basis, rising 4.3% as international sales climbed 7.8% to $541.70 million. Direct-to-consumer was a standout across both brands, with consolidated DTC revenues growing 12.0%, partly offsetting a 17.2% wholesale decline within the HEYDUDE segment, where revenues fell 5.7% to $179.03 million. With momentum building, management raised full-year 2026 revenue growth guidance to approximately 1% to 2% and lifted adjusted diluted EPS guidance to a range of $13.70 to $14.00, reflecting growing confidence in the Crocs Brand's trajectory even as HEYDUDE works through its recovery.

Key Takeaways

  • Broad consumer demand across both brands
  • Healthy direct-to-consumer growth of 12.0% consolidated
  • Strong consumer response to new product innovation
  • Crocs Brand international revenues grew 7.8%
  • Crocs Brand surpassed $1 billion in quarterly revenue

CROX Forward Guidance & Outlook

For full year 2026, the company raised guidance: revenues expected to grow approximately 1% to 2% (up from prior guidance of down 1% to up 1%), with Crocs Brand up approximately 2% to 3% and HEYDUDE Brand down approximately 4% to 2%. Adjusted diluted EPS guidance raised to $13.70 to $14.00 (from $13.20 to $13.75). Adjusted operating margin expected to expand modestly from 22.3%. GAAP effective tax rate approximately 23% and adjusted effective tax rate approximately 18%. Capital expenditures of $70 million to $80 million. For Q3 2026, revenues expected approximately flat year-over-year, with Crocs Brand up approximately 1% and HEYDUDE Brand down approximately 3% to flat. Q3 adjusted operating margin expected approximately 21.5% and adjusted diluted EPS of $3.20 to $3.30.

24/7 Wall St

CROX YoY Financials

Q2 2026 vs Q2 2025, source: SEC Filings

24/7 Wall St

CROX Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q2 26
24/7 Wall St

CROX Revenue by Geography

With YoY comparisons, source: SEC Filings

Q1 25 Q2 26

“We are pleased to have delivered a stronger-than-expected second quarter, highlighted by record enterprise revenue, including the Crocs Brand surpassing $1 billion in quarterly revenue for the first time ever. Our results reflect broad consumer demand across both brands, healthy direct-to-consumer growth, and strong consumer response to new product innovation. Based on our strong first half performance, we are again raising our full-year top- and bottom-line guidance.”

— Andrew Rees, Q2 2026 Earnings Press Release