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The company’s consolidated revenue increased 4.6 per cent year on year (YoY) to $1.04 billion in the third quarter (Q3) ended September 30, 2026. Net income rose 48.7 per cent to $216.8 million, while income from operations climbed 40.6 per cent to $291.9 million. Diluted earnings per share (EPS) increased to $4.52 from $2.70, and adjusted diluted EPS rose 26.4 per cent to $3.69 from $2.92.<\/p>\n
Crocs has lifted its FY26 revenue growth outlook to about 3 per cent and adjusted diluted earnings per share guidance to $14.45-$14.65 after robust Q3 execution.
\nThird-quarter revenue rose 4.6 per cent to $1.04 billion and net income increased 48.7 per cent to $216.8 million.
\nHeyDude revenue climbed 6.1 per cent, returning to growth, while Crocs Brand international sales rose 11.8 per cent. <\/p>\n
\u201cWe delivered a strong third quarter with growth across brands, channels and geographies, while expanding margins year over year through disciplined execution of our brand strategies. The Crocs Brand delivered a record third quarter with revenues up 4 per cent, led by double-digit international revenue growth and continued momentum across our product diversification strategy. HeyDude revenues grew 6 per cent, marking an important milestone as we delivered on our commitment stated earlier in the year to return the brand to growth,\u201d said Andrew Rees, chief executive officer, Crocs, Inc.<\/em><\/strong><\/p>\n Crocs Brand revenue rose 4.4 per cent to $872.7 million. Direct-to-consumer (DTC) revenue grew 8.2 per cent to $510.4 million, offsetting a 0.5 per cent decline in wholesale revenue to $362.4 million,\u00a0Crocs said in a press release.<\/p>\n International Crocs Brand revenue increased 11.8 per cent to $434.4 million, supported by a 24.1 per cent rise in international DTC sales to $209.2 million. North American revenue, however, declined 2.1 per cent to $438.4 million, with wholesale sales down 4.9 per cent and DTC revenue lower by 0.7 per cent.<\/p>\n HeyDude revenue increased 6.1 per cent to $169.9 million, with wholesale revenue advancing 14 per cent to $79.1 million. Its DTC revenue was broadly flat, rising 0.1 per cent to $90.8 million.<\/p>\n The gross margin expanded to 66.2 per cent from 58.5 per cent a year earlier, while adjusted gross margin increased 180 basis points to 60.3 per cent. The reported gross margin included tariff refunds, while the adjusted measure excluded these and other specified items.<\/p>\n Operating margin improved to 28 per cent from 20.8 per cent, and adjusted operating margin rose to 22.3 per cent from 20.8 per cent. Selling, general and administrative expenses increased 6 per cent to $397.8 million, representing 38.2 per cent of revenue. Quarterly free cash flow grew to $275.5 million from $226.2 million.<\/p>\n For FY26, Crocs now expects revenue to increase approximately 3 per cent from FY25, compared with its prior forecast of growth of 1-2 per cent. It expects Crocs Brand revenue to rise about 4 per cent, up from previous guidance of 2-3 per cent growth, while HeyDude revenue is forecast to be broadly flat, improving from an earlier outlook of a 4 per cent decline to 2 per cent growth.<\/p>\n The company expects adjusted operating margin to expand modestly from 22.5 per cent, compared with prior guidance for expansion from 22.3 per cent. Adjusted diluted EPS is forecast at $14.45-$14.65, up from the earlier range of $13.70-$14.00, while capital expenditure is projected at $70-$80 million.<\/p>\n For the fourth quarter (Q4), Crocs expects consolidated revenue growth of approximately 7-9 per cent, with Crocs Brand growth of 6-8 per cent and HeyDude growth of 10-12 per cent. Adjusted operating margin is expected at approximately 20.5 per cent and adjusted diluted EPS at $3.25-$3.45.<\/p>\n
<\/p>\n Fibre2Fashion News Desk (SG)<\/p>\n
\n <\/p><\/div>\n\tInternational growth supports Crocs Brand performance<\/h3>\n
\tMargins and cash generation strengthen<\/h3>\n
\tCrocs lifts FY26 revenue and earnings outlook<\/h3>\n