Crocs, Inc. filed its third quarter 2026 earnings press release on October 29, 2026, reporting consolidated revenues of $1,043 million, diluted earnings per share of $4.52, and a raised full-year 2026 revenue growth outlook of approximately 3%.

Key Highlights

  • Consolidated revenues: $1,043 million for Q3 2026, an increase of 4.6% on a reported and constant currency basis compared to the same period last year.
  • Diluted EPS: $4.52, up 67.4% from $2.70 in Q3 2025; adjusted diluted EPS was $3.69, up 26.4% from $2.92.
  • HEYDUDE revenues: Increased 6.1% to $170 million, described by the company as a return to growth.
  • Crocs Brand revenues: Increased 4.4% to $873 million, with international revenues up 11.8% to $434 million.
  • Share repurchases: Approximately 2.0 million shares repurchased for $250.0 million at an average share price of $123.32 during the quarter.
  • Full-year 2026 adjusted diluted EPS guidance raised: Now expected in the range of $14.45 to $14.65, up from the prior guidance range of $13.70 to $14.00.
  • Remaining repurchase authorization: Approximately $1.7 billion available at quarter-end.

Crocs, Inc. Q3 2026 Financial Results: Brand Growth, Margin Expansion, and Raised Outlook

According to the filing, Crocs, Inc. (NASDAQ:CROX) reported third quarter 2026 consolidated revenues of $1,042,583 thousand, compared to $996,301 thousand in the same period of 2025. Gross margin was 66.2% compared to 58.5% in the prior-year quarter, while adjusted gross margin increased 180 basis points to 60.3%. Selling, general, and administrative expenses totaled $398 million, representing 38.2% of revenues, up from 37.7% in Q3 2025. Income from operations reached $291,927 thousand, an increase of 40.6% from $207,660 thousand, with an operating margin of 28.0% compared to 20.8%.

The Crocs Brand generated revenues of $873 million, with direct-to-consumer revenues rising 8.2% to $510 million and wholesale revenues declining 0.5% to $362 million. North America revenues for the Crocs Brand decreased 2.1% to $438 million, while international revenues grew 11.8% to $434 million. The HEYDUDE Brand reported revenues of $170 million, with wholesale revenues increasing 14.0% to $79 million and DTC revenues up 0.1% to $91 million. The company disclosed that this HEYDUDE performance represented a return to growth as previously committed.

On the balance sheet as of September 30, 2026, cash and cash equivalents were $163 million, inventories were $413 million, and total borrowings were $1.29 billion. Capital expenditures for the period were $54 million. For full-year 2026, the company raised its revenue growth outlook to approximately 3% from prior guidance of up 1% to 2%, and increased its adjusted diluted EPS guidance to $14.45 to $14.65. The filing also includes fourth quarter 2026 guidance for revenue growth of approximately 7% to 9% and adjusted diluted EPS in the range of $3.25 to $3.45. The filing notes that all forward-looking statements involve known and unknown risks and uncertainties and are subject to the cautionary language described in the company's most recent Annual Report on Form 10-K.

What Was Disclosed

Crocs, Inc. disclosed Q3 2026 financial results including revenues of $1,043 million, adjusted diluted EPS of $3.69, a $250 million share repurchase, and a raised full-year 2026 adjusted diluted EPS guidance range of $14.45 to $14.65.