STEVEN MADDEN, LTD.SHOOEarnings & Financial Report
Steven Madden, Ltd. is a publicly traded company that designs and markets shoes and fashion accessories. Based in Long Island City, New York, the company's brands include Dolce Vita, Betsey Johnson, Blondo, BB Dakota and Mad Love. Steve Madden is also a licensee of various brands, including Anne Klein and Superga.
Revenue
$664.2M
Gross Profit
$277.4M
Operating Profit
$31.4M
Net Profit
$20.5M
Gross Margin
41.8%
Operating Margin
4.7%
Net Margin
3.1%
YoY Growth
6.9%
EPS
$0.29
STEVEN MADDEN, LTD. Q3 FY2025 Financial Summary
STEVEN MADDEN, LTD. reported revenue of $664.2M (up 6.9% YoY) for Q3 FY2025, with a net profit of $20.5M (down 62.9% YoY) (3.1% margin). Cost of goods sold was $386.8M, operating expenses totaled $246.0M.
Key Financial Metrics
| Total Revenue | $664.2M |
|---|---|
| Net Profit | $20.5M |
| Gross Margin | 41.8% |
| Operating Margin | 4.7% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
STEVEN MADDEN, LTD. Q3 FY2025 revenue of $664.2M breaks down across 4 segments, led by Wholesale Footwear at $266.5M (40.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Wholesale Footwear | $266.5M | 40.1% |
| Retail Segment | $221.5M | 33.3% |
| Wholesale Accessories Apparel | $176.2M | 26.5% |
| Licensing | $3.7M | 0.6% |
STEVEN MADDEN, LTD. Revenue by Segment — Quarterly Trend
STEVEN MADDEN, LTD. revenue by segment across the last 4 reported quarters, showing how each business line (such as Wholesale Footwear and Retail Segment) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Wholesale Footwear | — | $266.5M | $220.1M | $296.1M |
| Retail Segment | — | $221.5M | $195.5M | $112.1M |
| Wholesale Accessories Apparel | — | $176.2M | $140.4M | $143.2M |
| Licensing | — | $3.7M | $2.9M | $2.2M |
STEVEN MADDEN, LTD. Annual Revenue by Year
STEVEN MADDEN, LTD. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.5B |
| 2024 | $2.3B |
| 2023 | $2.0B |
| 2022 | $2.1B |
STEVEN MADDEN, LTD. Quarterly Revenue & Net Profit History
STEVEN MADDEN, LTD. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $749.8M | +29.5% | $24.7M | 3.3% |
| Q3 FY2025 | $664.2M | +6.9% | $20.5M | 3.1% |
| Q2 FY2025 | $556.1M | +6.6% | $-38.7M | -7.0% |
| Q1 FY2025 | $551.4M | +0.1% | $41.3M | 7.5% |
| Q4 FY2024 | $578.8M | +11.9% | $37.8M | 6.5% |
| Q3 FY2024 | $621.2M | +13.0% | $55.3M | 8.9% |
| Q2 FY2024 | $521.7M | +17.8% | $36.9M | 7.1% |
| Q1 FY2024 | $550.6M | +19.2% | $44.6M | 8.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $550.6M | $521.7M | $621.2M | $578.8M | $551.4M | $556.1M | $664.2M | $749.8M |
| YoY Growth | 19.2% | 17.8% | 13.0% | 11.9% | 0.1% | 6.6% | 6.9% | 29.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.30B | $1.38B | $1.46B | $1.41B | $1.43B | $1.90B | $2.00B | $1.91B |
| Liabilities | $460.5M | $542.7M | $597.1M | $535.8M | $523.5M | $1.03B | $1.11B | $1.01B |
| Equity | $825.2M | $808.3M | $833.9M | $847.7M | $875.3M | $833.2M | $850.8M | $866.4M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-15.7M | $109.5M | $444000 | $103.9M | $-18.8M | $66.5M | $23.4M | $91.1M |