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
$287.8M
Gross Profit
$142.2M
Operating Profit
$-24.5M
Net Profit
$-31.9M
Gross Margin
49.4%
Operating Margin
-8.5%
Net Margin
-11.1%
YoY Growth
-16.4%
EPS
$-0.60
Fossil Group, Inc. Q3 FY2024 Financial Summary
Fossil Group, Inc. reported revenue of $287.8M (down 16.4% YoY) for Q3 FY2024, with a net profit of $-31.9M (up 47.5% YoY) (-11.1% margin). Cost of goods sold was $145.6M, operating expenses totaled $166.7M.
Key Financial Metrics
| Total Revenue | $287.8M |
|---|---|
| Net Profit | $-31.9M |
| Gross Margin | 49.4% |
| Operating Margin | -8.5% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Fossil Group, Inc. Q3 FY2024 revenue of $287.8M breaks down across 7 segments, led by Transferred At Point In Time at $121.2M (42.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Transferred At Point In Time | $121.2M | 42.1% |
| Traditional Watches | $93.9M | 32.6% |
| Other | $45.2M | 15.7% |
| Leathers | $14.2M | 4.9% |
| Jewelry | $7.3M | 2.5% |
| Smartwatches | $4.0M | 1.4% |
| Products Other | $1.9M | 0.7% |
Fossil Group, Inc. Revenue by Segment — Quarterly Trend
Fossil Group, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Transferred At Point In Time and Traditional Watches) has evolved quarter over quarter.
| Segment | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|
| Transferred At Point In Time | $109.7M | $95.7M | $97.7M | $164.1M |
| Traditional Watches | $91.3M | — | $78.0M | $128.2M |
| Other | $50.8M | $28.9M | $37.9M | $13.9M |
| Leathers | $9.5M | $10.7M | $9.7M | $20.8M |
| Jewelry | $4.0M | $4.5M | $5.4M | $9.4M |
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 |