Fossil Group, Inc.FOSLEarnings & Financial Report
Fossil Group, Inc., is an American fashion design and manufacturer founded in 1984 by Tom Kartsotis and based in Richardson, Texas. Their brands include Fossil, Relic, Michele Watch, Skagen Denmark, WSI, and Zodiac Watches. Fossil also makes licensed accessories for brands such as BMW, Puma, Emporio Armani, Michael Kors, DKNY, Diesel, Kate Spade New York, Tory Burch, Chaps, and Armani Exchange.
Revenue
$344.1M
Gross Profit
$161.7M
Operating Profit
$-46.4M
Net Profit
$-60.8M
Gross Margin
47.0%
Operating Margin
-13.5%
Net Margin
-17.7%
YoY Growth
-7.3%
EPS
$-1.16
Fossil Group, Inc. Q3 FY2023 Financial Summary
Fossil Group, Inc. reported revenue of $344.1M (down 7.3% YoY) for Q3 FY2023, with a net profit of $-60.8M (down 221.1% YoY) (-17.7% margin). Cost of goods sold was $182.5M, operating expenses totaled $208.1M.
Key Financial Metrics
| Total Revenue | $344.1M |
|---|---|
| Net Profit | $-60.8M |
| Gross Margin | 47.0% |
| Operating Margin | -13.5% |
| Report Period | Q3 FY2023 |
Fossil Group, Inc. Annual Revenue by Year
Fossil Group, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $1.1B).
| Year | Annual Revenue |
|---|---|
| 2024 | $1.1B |
Fossil Group, Inc. Quarterly Revenue & Net Profit History
Fossil Group, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $270.2M | -21.1% | $-40.0M | -14.8% |
| Q2 FY2025 | $220.4M | -23.4% | $-2.1M | -1.0% |
| Q1 FY2025 | $233.3M | -10.3% | $-17.9M | -7.7% |
| Q4 FY2024 | $342.3M | — | $-11.2M | -3.3% |
| Q3 FY2024 | $287.8M | -16.4% | $-31.9M | -11.1% |
| Q2 FY2024 | $260.0M | -20.0% | $-38.8M | -14.9% |
| Q1 FY2024 | $254.9M | — | $-24.3M | -9.5% |
| Q3 FY2023 | $344.1M | -7.3% | $-60.8M | -17.7% |
Income Statement
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $344.1M | $254.9M | $260.0M | $287.8M | $342.3M | $233.3M | $220.4M | $270.2M |
| YoY Growth | -7.3% | N/A | -20.0% | -16.4% | N/A | -10.3% | -23.4% | -21.1% |
Balance Sheet
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.06B | $891.0M | $785.7M | $812.4M | $763.6M | $686.0M | $704.5M | $701.0M |
| Liabilities | $782.1M | $661.9M | $596.0M | $648.0M | $614.9M | $545.4M | $554.2M | $588.4M |
| Equity | $281.1M | $229.1M | $189.6M | $164.4M | $148.7M | $140.6M | $150.3M | $112.6M |
Cash Flow
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-22.1M | $622000 | $38.4M | $-22.8M | $30.5M | $-60.4M | $9.4M | $-22.2M |