Q1 26 EPS
$2.99
BEAT +7.78%
Est. $2.77
Q1 26 Revenue
$921.5M
BEAT +2.29%
Est. $900.9M
vs S&P Since Q1 26
+19.4%
BEATING MARKET
CROX +27.4% vs S&P +8.0%
Market Reaction
Did CROX Beat Earnings? Q1 2026 Results
Crocs, Inc. Delivered a stronger-than-expected first quarter for fiscal 2026, beating Wall Street on both the top and bottom lines despite a modest year-over-year revenue decline, extending its streak of consensus EPS beats to four consecutive quarte… Read more Crocs, Inc. Delivered a stronger-than-expected first quarter for fiscal 2026, beating Wall Street on both the top and bottom lines despite a modest year-over-year revenue decline, extending its streak of consensus EPS beats to four consecutive quarters. Adjusted diluted EPS of $2.99 cleared the $2.74 consensus estimate by 7.78%, while revenue of $921.46 million topped expectations by 2.29%, even as total sales slipped 1.7% from a year ago. The central drag remains the HEYDUDE brand, where wholesale revenue plunged 24.7% as the company continues rationalizing distribution, pulling segment revenue down 12.3% to $154.04 million. The core Crocs brand provided meaningful offset, growing 0.8% to $767.42 million on the strength of a 12.9% surge in direct-to-consumer sales and 7.2% international revenue growth, countering a 6.1% decline in North America. With investor attention already focused on margin pressures heading into the report, management's decision to raise full-year adjusted EPS guidance to $13.20 to $13.75, up from $12.88 to $13.35, offered a constructive signal on the company's confidence in its cost reduction trajectory.
Key Takeaways
- • Broad consumer relevance for both Crocs and HEYDUDE brands
- • Direct-to-consumer channel growth of 12.1% overall (10.2% constant currency)
- • Crocs Brand international revenue growth of 7.2% (2.3% constant currency)
- • Crocs Brand DTC growth of 12.9%, with international DTC up 31.2%
- • HEYDUDE DTC growth of 8.6% partially offsetting wholesale declines
- • Consistent brand storytelling and product innovation
CROX YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
CROX Revenue by Segment
With YoY comparisons, source: SEC Filings
CROX Revenue by Geography
With YoY comparisons, source: SEC Filings
“We are pleased to have started the year with better-than-expected results, fueled by broad consumer relevance for both of our brands and disciplined execution against our strategy. We delivered enterprise revenue of over $900 million including growth in our direct-to-consumer channels for both brands. We are encouraged by strong consumer response to product newness across categories, supported by our high pace of innovation and consistent brand storytelling.”
— Andrew Rees, Q1 2026 Earnings Press Release
CROX Earnings Trends
CROX vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
CROX EPS Trend
Earnings per share: estimate vs actual
CROX Revenue Trend
Quarterly revenue: estimate vs actual
CROX Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $4.35 | $4.55 | +4.65% | $1.18B | +2.67% |
| Q1 26 BEAT | $2.77 | $2.99 | +7.78% | $921.5M | +2.29% |
| Q4 25 BEAT FY | $1.91 | $2.29 | +19.67% | $957.6M | +4.42% |
| FY Full Year | $12.14 | $12.51 | +3.06% | $4.04B | +1.01% |
| Q3 25 BEAT | $2.36 | $2.92 | +23.71% | $996.3M | +3.62% |
| Q2 25 BEAT | $4.02 | $4.23 | +5.26% | $1.15B | +0.58% |
| Q1 25 BEAT | $2.49 | $3.00 | +20.56% | $937.3M | +3.24% |