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Fossil Group FOSL Gift Cards — Contract Liabilities

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Other financials

Income statement

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Revenue$224.8M-3.7%
Gross profit$134.7M-5.8%
Operating income$12.0M+279%
Net income-$677.0K+96.2%
EPS (diluted)-$0.01+97.0%

Balance sheet

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Cash & equivalents$84.2M+3.6%
Total debt$334.1M+3.7%
Total equity$99.1M-29.5%
Total assets$654.5M-4.6%

Cash flow

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Operating cash flow-$21.8M+63.9%
CapEx$949.0K+233%
Free cash flow-$22.7M+62.5%

Valuation

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Market cap$244.68M+215%
Enterprise value$494.68M+82.0%
P/S0.3×+0.2×

Profitability

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Gross margin55.7%+1.7pp
Operating margin-0.1%-0.1pp
Net margin-6.1%-1.5pp
FCF margin-7.8%-13.0pp

Returns & leverage

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Return on equity-50.6%-3.0pp
Debt / equity3.4×+1.1×
Current ratio1.7×-0.1×

Where this comes from

Reported directly by Fossil Group in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The official record: Fossil Group’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fossil Group's gift cards — contract liabilities?
Fossil Group (FOSL) reported gift cards — contract liabilities of $1.4M in Q1 2026.
How has Fossil Group's gift cards — contract liabilities changed year-over-year?
Fossil Group's gift cards — contract liabilities decreased by 26.3% year-over-year, from $1.9M to $1.4M.
What is the long-term trend for Fossil Group's gift cards — contract liabilities?
Over 4 years (2021 to 2025), Fossil Group's gift cards — contract liabilities has grown at a -17.5% compound annual growth rate (CAGR), from $15.1M to $7M.
What does gift cards — contract liabilities mean?
This metric represents the outstanding balance of unredeemed gift cards issued by the company, which are recorded as deferred revenue or contract liabilities. It reflects the obligation to provide future goods or services to customers who have purchased stored-value cards but have not yet utilized them. Monitoring this balance provides insight into future revenue potential and customer engagement levels within the retail fashion accessories segment.