Steven Madden Ltd (SHOO) financials
Steven Madden revenue and earnings by year
Steven Madden's revenue was $2.53 billion in the fiscal year to December 31, 2025, up 11.0% from the year before. Net income was $44.7 million, 1.8% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 6.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.53 | 2.28 | 1.98 | 2.12 | 1.87 | 1.20 | 1.79 | 1.68 | 1.57 | 1.40 |
| Revenue growth | 11.0% | 15.2% | -6.6% | 13.7% | 55.3% | -32.8% | 6.5% | 7.1% | 12.0% | — |
| Gross profit | 1.05 | 0.94 | 0.83 | 0.87 | 0.77 | 0.46 | 0.69 | 0.64 | 0.60 | 0.52 |
| Gross margin | 41.4% | 41.0% | 42.0% | 41.2% | 41.1% | 38.7% | 38.4% | 38.2% | 38.2% | 37.3% |
| Operating income | 0.08 | 0.22 | 0.21 | 0.28 | 0.24 | -0.03 | 0.18 | 0.17 | 0.17 | 0.17 |
| Operating margin | 3.2% | 9.9% | 10.8% | 13.3% | 13.1% | -2.6% | 9.9% | 10.3% | 10.8% | 12.1% |
| Net income | 0.04 | 0.17 | 0.17 | 0.22 | 0.19 | -0.02 | 0.14 | 0.13 | 0.12 | 0.12 |
| Net margin | 1.8% | 7.4% | 8.7% | 10.2% | 10.2% | -1.5% | 7.9% | 7.7% | 7.5% | 8.6% |
| Diluted EPS | $0.63 | $2.35 | $2.30 | $2.77 | $2.34 | -$0.24 | $1.69 | $1.49 | $1.36 | $1.35 |
| Free cash flow | 0.12 | 0.17 | 0.21 | 0.25 | 0.15 | 0.04 | 0.22 | 0.14 | 0.14 | 0.14 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open SHOO in Markets.
How Steven Madden makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Direct To Consumer | $255M | 38.4% |
| Wholesale Footwear | $240M | 36.0% |
| Wholesale Accessories Apparel | $167M | 25.1% |
| Licensing | $2.95M | 0.4% |
See also: SHOO valuation and P/E history · SHOO returns
No forecast, no recommendation. This page describes Steven Madden Ltd from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.