Steven Madden SHOO Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Direct-to-Consumer | $206.01M— | —— | —— | —— | $112.06M— | |
| Licensing | $3.44M— | —— | $3.68M+26.3% | $2.91M+35.2% | $2.15M— | |
| Wholesale Accessories/Apparel | $164.78M— | —— | $176.15M+25.4% | $140.45M-1.9% | $143.17M— | |
| Wholesale Footwear | $278.87M— | —— | $266.54M+21.1% | $220.14M-25.7% | $296.15M— | |
| Operating income (loss) by Business | ||||||
| Direct-to-Consumer | -$1.58M— | —— | —— | —— | -$6.23M— | |
| Licensing | $3.18M— | —— | $3.46M+46.7% | $2.36M+29.2% | $1.83M— | |
| Wholesale Accessories/Apparel | $43.95M— | —— | $15.6M+164% | $5.91M-73.6% | $22.41M— | |
| Wholesale Footwear | $80.38M— | —— | $40.11M+61.1% | $24.91M-60.5% | $63.09M— | |
| Gross Profit by Business | ||||||
| Direct-to-Consumer | $135.8M— | —— | —— | —— | $67.38M— | |
| Licensing | $3.44M— | —— | $3.68M+26.3% | $2.91M+35.2% | $2.15M— | |
| Wholesale Accessories/Apparel | $82.17M— | —— | $52.97M+33.1% | $39.81M-17.1% | $48.05M— | |
| Wholesale Footwear | $136.01M— | —— | $91.68M+33.9% | $68.49M-37.0% | $108.69M— | |
| Less: Other segment items by Business | ||||||
| Direct-to-Consumer | $102.66M— | —— | —— | —— | $55.75M— | |
| Licensing | $26K— | —— | -$25K-108% | $314K+471% | $55K— | |
| Wholesale Accessories/Apparel | $21.83M— | —— | $21.86M+25.2% | $17.47M+2.7% | $17.01M— | |
| Wholesale Footwear | $34.46M— | —— | $33.42M+30.7% | $25.57M-10.9% | $28.69M— | |
| Less: Salaries and related expense by Business | ||||||
| Direct-to-Consumer | $34.73M— | —— | —— | —— | $17.86M— | |
| Licensing | $233K— | —— | $242K+1.3% | $239K-12.1% | $272K— | |
| Wholesale Accessories/Apparel | $16.01M— | —— | $15.5M+10.6% | $14.02M+6.8% | $13.12M— | |
| Wholesale Footwear | $21.17M— | —— | $18.15M+0.8% | $18.01M+6.5% | $16.92M— | |
| Cost of sales (exclusive of depreciation and amortization) by Business | ||||||
| Direct-to-Consumer | $70.21M— | —— | —— | —— | $44.69M— | |
| Licensing | $0— | —— | $0— | $0— | $0— | |
| Wholesale Accessories/Apparel | $82.61M— | —— | $123.19M+22.4% | $100.64M+5.8% | $95.12M— | |
| Wholesale Footwear | $142.86M— | —— | $174.86M+15.3% | $151.65M-19.1% | $187.45M— | |
| Goodwill, Foreign Currency Translation, Gain (Loss) by Business | ||||||
| Direct-to-Consumer | -$915K-338% | $384.25K0.0% | $384.25K0.0% | $384.25K0.0% | $384.25K+212% | |
| Wholesale Accessories/Apparel | -$126K-1,675% | $8K+367% | -$3K+25.0% | -$4K— | $0— | |
| Wholesale Footwear | -$323K-188% | $369K+379% | $77K-88.2% | $653K+610% | $92K+117% | |
| Goodwill by Business | ||||||
| Direct-to-Consumer | $67.71M-0.3% | $67.93M— | —— | —— | —— | |
| Wholesale Accessories/Apparel | $82.19M0.0% | $82.21M-2.4% | $84.21M+0.8% | $83.55M+10.3% | $75.76M+0.2% | |
| Wholesale Footwear | $104.26M-0.1% | $104.38M-3.5% | $108.12M+1.4% | $106.62M+18.0% | $90.37M+0.4% | |
| Goodwill, Measurement Period Adjustment by Business | ||||||
| Direct-to-Consumer | $700K— | —— | —— | —— | —— | |
| Wholesale Accessories/Apparel | $100K— | —— | —— | —— | —— | |
| Wholesale Footwear | $200K— | —— | —— | —— | —— | |
| Revenue by Geography | ||||||
| Domestic | $425.13M-5.0% | $447.29M+8.6% | $411.99M+11.9% | $368.07M-18.3% | $450.73M-4.5% | |
| Geographical | $57.15M-26.0% | $77.28M+23.7% | $62.45M-15.9% | $74.22M-13.0% | $85.28M-1.8% | |
| International | $227.96M-25.6% | $306.42M+19.7% | $255.88M+34.0% | $190.93M+85.7% | $102.8M-6.7% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Steven Madden break its business down?
- Steven Madden (SHOO) reports revenue by business across 4 parts — Direct-to-Consumer, Licensing, Wholesale Accessories/Apparel and Wholesale Footwear. Each is extracted from the segment footnotes and tracked over time.
- Where does Steven Madden's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Steven Madden's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.