Crocs Inc. (CROX) financial statements: income statement, balance sheet and cash flow
Crocs Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Crocs Inc. reported revenue of $4.0B (-1.5% year on year) and net income of ($81.2M) (-108.5% year on year).
Income statement
Crocs Inc. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Revenues
$4.0B
$4.1B
$4.0B
$3.6B
Cost of sales
$1.7B
$1.7B
$1.8B
$1.7B
Gross profit
$2.4B
$2.4B
$2.2B
$1.9B
Selling, general and administrative expense
$1.5B
$1.4B
$1.2B
$1.0B
Goodwill impairment
$307.0M
—
—
—
Asset impairments
$431.1M
—
$9.3M
$0
Income from operations
$149.5M
$1.0B
$1.0B
$850.8M
Foreign currency gains (losses), net
$9.8M
($6.8M)
($1.2M)
$3.2M
Interest income
$1.8M
$3.5M
$2.4M
$1.0M
Interest expense
($88.3M)
($109.3M)
($161.4M)
($136.2M)
Other income (expense), net
$63.0K
$1.2M
($326.0K)
($338.0K)
Income before income taxes
$73.0M
$910.6M
$876.3M
$718.5M
Income tax expense (benefit)
$154.2M
($39.5M)
$83.7M
$178.3M
Net income (loss)
($81.2M)
$950.1M
$792.6M
$540.2M
Basic (in dollars per share)
-$1.50
$16.00
$12.91
$8.82
Diluted (in dollars per share)
-$1.50
$15.88
$12.79
$8.71
Basic (in shares)
54.2M
59.4M
61.4M
61.2M
Diluted (in shares)
54.2M
59.8M
62.0M
62.0M
Crocs Inc. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Revenues
$1.2B
$921.5M
$996.3M
$1.1B
Cost of sales
$478.8M
$398.5M
$413.3M
$440.5M
Gross profit
$700.7M
$522.9M
$583.0M
$708.8M
Selling, general and administrative expenses
$415.0M
$322.1M
$375.3M
$398.2M
Goodwill impairment
$0
—
$0
—
Asset impairments
$0
—
$0
—
Income (loss) from operations
$285.7M
$200.8M
$207.7M
($427.5M)
Foreign currency (losses) gains, net
($2.3M)
($1.6M)
$3.0M
$434.0K
Interest income
$583.0K
$335.0K
$531.0K
$371.0K
Interest expense
($19.9M)
($20.5M)
($21.7M)
($22.5M)
Other (expense) income, net
($127.0K)
—
($9.0K)
$627.0K
Income (loss) before income taxes
$263.9M
$178.8M
$189.4M
($448.6M)
Income tax expense
$59.0M
$41.3M
$43.6M
$43.7M
Net income (loss)
$204.9M
$137.6M
$145.8M
($492.3M)
Basic (in dollars per share)
$4.17
$2.74
$2.72
-$8.82
Diluted (in dollars per share)
$4.13
$2.71
$2.70
-$8.82
Basic (in shares)
49.1M
50.3M
53.6M
55.8M
Diluted (in shares)
49.6M
50.7M
54.0M
55.8M
Balance sheet
Crocs Inc. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$130.4M
$180.5M
$149.3M
$191.6M
Accounts receivable, net of allowances of $28,136 and $31,579, respectively
$278.2M
$257.7M
$305.7M
$295.6M
Inventories
$368.7M
$356.3M
$385.1M
$471.6M
Income taxes receivable
$32.8M
$4.0M
$4.4M
$14.8M
Other receivables
$22.1M
$22.2M
$21.1M
$18.8M
Prepaid expenses and other assets
$53.8M
$51.6M
$45.1M
$33.6M
Total current assets
$885.9M
$872.3M
$910.7M
$1.0B
Property and equipment, net
$238.2M
$244.3M
$238.3M
$181.5M
Intangible assets, net
$1.3B
$1.8B
$1.8B
$1.8B
Goodwill
$404.7M
$711.5M
$711.6M
$714.8M
Deferred tax assets, net
$935.1M
$872.4M
$668.0M
$528.3M
Restricted cash
$3.6M
$3.2M
$3.8M
$3.3M
Right-of-use assets
$338.7M
$307.2M
$287.4M
$239.9M
Other assets
$44.0M
$24.2M
$31.4M
$7.9M
Total assets
$4.2B
$4.8B
$4.6B
$4.5B
Accounts payable
$266.1M
$264.9M
$261.0M
$230.8M
Accrued expenses and other liabilities
$301.0M
$298.1M
$285.8M
$239.4M
Income taxes payable
$47.3M
$108.7M
$66.0M
$89.2M
Current operating lease liabilities
$85.8M
$68.6M
$62.3M
$57.5M
Total current liabilities
$700.1M
$740.2M
$698.3M
$641.3M
Deferred tax liabilities, net
$882.0K
$4.1M
$12.9M
$302.0M
Long-term income taxes payable
$649.1M
$595.4M
$565.2M
$224.8M
Long-term borrowings
$1.2B
$1.3B
$1.6B
$2.3B
Long-term operating lease liabilities
$297.2M
$283.4M
$269.8M
$215.1M
Other liabilities
$3.3M
$3.9M
$2.8M
$2.6M
Total liabilities
$2.9B
$3.0B
$3.2B
$3.7B
Common stock, par value $0.001 per share, 110.7 million and 110.4 million issued, 50.2 million and 56.5 million shares outstanding, respectively
$111000.00
$110000.00
$110000.00
$110000.00
Treasury stock, at cost, 60.5 million and 53.9 million shares, respectively
-3.0B
-2.5B
-1.9B
—
Additional paid-in capital
$896.6M
$859.9M
$826.7M
$797.6M
Retained earnings
$3.5B
$3.6B
$2.6B
$1.8B
Accumulated other comprehensive loss
($43.7M)
($132.6M)
($95.8M)
($103.5M)
Total stockholders’ equity
$1.3B
$1.8B
$1.5B
$817.9M
Total liabilities and stockholders’ equity
$4.2B
$4.8B
$4.6B
$4.5B
Crocs Inc. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$170.3M
$130.9M
$154.0M
$200.6M
Accounts receivable, net of allowances of $38,848 and $28,136, respectively
$430.3M
$442.3M
$335.3M
$417.4M
Inventories
$389.2M
$397.6M
$397.1M
$405.1M
Income taxes receivable
$4.9M
$2.4M
$6.4M
$6.5M
Other receivables
$22.9M
$25.3M
$17.2M
$22.2M
Prepaid expenses and other assets
$67.0M
$66.7M
$61.2M
$49.9M
Total current assets
$1.1B
$1.1B
$971.2M
$1.1B
Property and equipment, net of accumulated depreciation of $239,780 and $209,873, respectively
$246.1M
$236.9M
$242.1M
$249.1M
Intangible assets, net
$1.3B
$1.3B
$1.3B
$1.3B
Goodwill
$404.6M
$404.7M
$404.7M
$404.7M
Deferred tax assets, net
$911.3M
$920.0M
$964.4M
$972.0M
Restricted cash
$3.6M
$3.5M
$3.6M
$3.6M
Right-of-use assets
$337.5M
$345.1M
$343.1M
$349.3M
Other assets
$50.8M
$47.4M
$40.2M
$34.6M
Total assets
$4.4B
$4.3B
$4.3B
$4.5B
Accounts payable
$262.5M
$242.5M
$217.3M
$263.3M
Accrued expenses and other liabilities
$306.1M
$259.4M
$275.4M
$272.6M
Income taxes payable
$69.3M
$43.8M
$114.7M
$96.0M
Current operating lease liabilities
$90.1M
$88.3M
$84.3M
$82.9M
Total current liabilities
$728.0M
$639.5M
$691.7M
$714.8M
Deferred tax liabilities, net
$861.0K
$902.0K
$1.0M
$1.1M
Long-term income taxes payable
$639.6M
$640.5M
$617.8M
$618.1M
Long-term borrowings
$1.3B
$1.3B
$1.3B
$1.4B
Long-term operating lease liabilities
$291.4M
$301.3M
$303.1M
$311.5M
Other liabilities
$4.1M
$3.5M
$4.5M
$4.7M
Total liabilities
$3.0B
$2.9B
$2.9B
$3.0B
Common stock, par value $0.001 per share, 250.0 million shares authorized, 111.0 million and 110.7 million issued, 48.1 million and 50.2 million outstanding, respectively
$111000.00
$111000.00
$111000.00
$111000.00
Treasury stock, at cost, 62.9 million and 60.5 million shares, respectively
-3.3B
-3.0B
-2.9B
-2.7B
Additional paid-in capital
$921.5M
$907.2M
$888.4M
$879.9M
Retained earnings
$3.8B
$3.6B
$3.4B
$3.2B
Accumulated other comprehensive loss
($63.4M)
($55.4M)
($42.4M)
($35.1M)
Total stockholders’ equity
$1.4B
$1.4B
$1.4B
$1.4B
Total liabilities and stockholders’ equity
$4.4B
$4.3B
$4.3B
$4.5B
Cash flow statement
Crocs Inc. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income (loss)
($81.2M)
$950.1M
$792.6M
$540.2M
Depreciation and amortization
$79.3M
$69.8M
$54.3M
$39.2M
Operating lease cost
$104.3M
$85.1M
$79.5M
$66.0M
Inventory donations
$871.0K
$812.0K
$2.1M
$2.8M
Provision for (recovery of) doubtful accounts, net
($190.0K)
$1.4M
$3.6M
$1.1M
Share-based compensation
$36.7M
$33.1M
$29.1M
$31.3M
Asset impairments
$738.1M
$24.1M
$9.3M
$0
Deferred taxes
$47.1M
($254.5M)
($410.3M)
($4.8M)
Other non-cash items
$5.9M
$13.2M
$3.4M
$9.9M
Accounts receivable, net of allowances
($6.2M)
$42.6M
($13.3M)
($56.8M)
Inventories
($13.8M)
$22.1M
$86.3M
($91.6M)
Prepaid expenses and other assets
($22.3M)
($13.9M)
($31.8M)
($14.4M)
Accounts payable
$709.0K
$4.0M
$37.2M
$41.7M
Accrued expenses and other liabilities
$524.0K
$10.0M
$46.7M
$38.6M
Right-of-use assets and operating lease liabilities
($105.3M)
($88.8M)
($75.1M)
($63.4M)
Income taxes
($74.1M)
$92.5M
$316.5M
$54.2M
Cash provided by operating activities
$710.4M
$992.5M
$930.4M
$603.1M
Purchases of property, equipment, and software
($51.2M)
($69.3M)
($115.6M)
($104.2M)
Cash used in investing activities
($51.2M)
($69.3M)
($115.7M)
($2.2B)
Proceeds from bank borrowings
$819.0M
$102.2M
$257.9M
$2.2B
Repayments of bank borrowings
($947.0M)
($425.4M)
($923.7M)
($575.3M)
Repurchases of common stock, including excise taxes paid
($582.3M)
($552.5M)
($175.0M)
$0
Repurchases of common stock for tax withholding
($4.2M)
($8.2M)
($17.1M)
($11.5M)
Other
$0
$0
($46.0K)
($20.0K)
Cash used in financing activities
($714.6M)
($886.0M)
($859.6M)
$1.5B
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
$5.6M
($6.5M)
$3.1M
($3.8M)
Net change in cash, cash equivalents, and restricted cash
($49.8M)
$30.6M
($41.8M)
($22.0M)
Cash, cash equivalents, and restricted cash — beginning of year
$183.7M
$153.1M
$194.9M
$216.9M
Cash, cash equivalents, and restricted cash — end of year
$133.9M
$183.7M
$153.1M
$194.9M
Cash paid for interest
$77.7M
$99.5M
$151.6M
$127.8M
Cash paid for operating leases
$104.3M
$90.9M
$74.7M
$62.9M
Right-of-use assets obtained in exchange for operating lease liabilities, net of terminations
$107.7M
$92.1M
$120.9M
$137.6M
Accrued purchases of property, equipment, and software
$6.0M
$9.5M
$7.7M
$18.2M
Crocs Inc. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income (loss)
$342.4M
$137.6M
($186.4M)
($332.2M)
Depreciation and amortization
$40.3M
$20.2M
$58.3M
$38.0M
Operating lease cost
$56.6M
$28.1M
$76.6M
$49.7M
Share-based compensation
$24.9M
$10.6M
$28.5M
$20.0M
Asset impairment
$3.3M
$3.3M
$738.1M
$738.1M
Deferred taxes
($53.0K)
$954.0K
$17.1M
$14.0M
Other non-cash items
$8.5M
$4.6M
$6.1M
$8.4M
Accounts receivable
($154.9M)
($165.5M)
($65.1M)
($147.2M)
Inventories
($22.8M)
($31.0M)
($40.2M)
($49.8M)
Prepaid expenses and other assets
($21.3M)
($20.2M)
($17.4M)
($12.2M)
Accounts payable, accrued expenses and other liabilities
$1.6M
($64.6M)
($68.5M)
($26.5M)
Right-of-use assets and operating lease liabilities
($56.8M)
($27.8M)
($77.6M)
($49.8M)
Income taxes
$49.0M
$22.8M
($11.8M)
($32.0M)
Cash provided by operating activities
$270.8M
($80.9M)
$457.9M
$218.6M
Purchases of property, equipment, and software
($38.7M)
($18.0M)
($45.1M)
($31.9M)
Cash used in investing activities
($38.7M)
($18.0M)
($45.1M)
($31.9M)
Proceeds from borrowings
$295.0M
$178.6M
$626.0M
$539.0M
Repayments of borrowings
($223.0M)
($76.0M)
($664.0M)
($514.0M)
Repurchases of common stock, including excise tax
($256.2M)
$0
($402.2M)
($194.1M)
Repurchases of common stock for tax withholding
($3.2M)
($2.5M)
($4.2M)
($4.1M)
Cash used in financing activities
($187.4M)
$100.1M
($444.4M)
($173.2M)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
($4.7M)
($724.0K)
$5.5M
$7.1M
Net change in cash, cash equivalents, and restricted cash
$39.9M
$437.0K
($26.2M)
$20.5M
Cash, cash equivalents, and restricted cash—beginning of period
$133.9M
$133.9M
$183.7M
$183.7M
Cash, cash equivalents, and restricted cash—end of period