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Fossil Group FOSL Wearable Technology — 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 wearable technology — contract liabilities?
Fossil Group (FOSL) reported wearable technology — contract liabilities of $100K in Q1 2026.
How has Fossil Group's wearable technology — contract liabilities changed year-over-year?
Fossil Group's wearable technology — contract liabilities decreased by 80.0% year-over-year, from $500K to $100K.
What is the long-term trend for Fossil Group's wearable technology — contract liabilities?
Over 4 years (2021 to 2025), Fossil Group's wearable technology — contract liabilities has grown at a -45.6% compound annual growth rate (CAGR), from $13.7M to $1.2M.
What does wearable technology — contract liabilities mean?
This metric represents the deferred revenue obligations associated with the wearable technology product category, reflecting payments received from customers for which the performance obligations have not yet been satisfied. It serves as an indicator of future revenue recognition potential and customer demand for connected fashion accessories. Monitoring this balance helps investors assess the timing of revenue realization and the underlying health of the wearable product lifecycle.