Steven Madden SHOO Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Direct-to-Consumer | $206.01M+83.8% | —— | —— | —— | $112.06M— | |
| Licensing | $3.44M+59.7% | —— | $3.68M+4.9% | $2.91M+57.8% | $2.15M+18.6% | |
| Wholesale Accessories/Apparel | $164.78M+15.1% | —— | $176.15M-10.3% | $140.45M-5.3% | $143.17M+0.4% | |
| Wholesale Footwear | $278.87M-5.8% | —— | $266.54M-10.9% | $220.14M-7.1% | $296.15M+0.2% | |
| Operating income (loss) by Business | ||||||
| Direct-to-Consumer | -$1.58M+74.6% | —— | —— | —— | -$6.23M— | |
| Licensing | $3.18M+74.1% | —— | $3.46M+7.1% | $2.36M+70.5% | $1.83M+38.9% | |
| Wholesale Accessories/Apparel | $43.95M+96.1% | —— | $15.6M-49.1% | $5.91M-62.0% | $22.41M+23.3% | |
| Wholesale Footwear | $80.38M+27.4% | —— | $40.11M-37.6% | $24.91M-36.0% | $63.09M0.0% | |
| Gross Profit by Business | ||||||
| Direct-to-Consumer | $135.8M+102% | —— | —— | —— | $67.38M— | |
| Licensing | $3.44M+59.7% | —— | $3.68M+4.9% | $2.91M+57.8% | $2.15M+18.6% | |
| Wholesale Accessories/Apparel | $82.17M+71.0% | —— | $52.97M-18.5% | $39.81M-17.8% | $48.05M+6.4% | |
| Wholesale Footwear | $136.01M+25.1% | —— | $91.68M-17.2% | $68.49M-13.4% | $108.69M+0.4% | |
| Less: Other segment items by Business | ||||||
| Direct-to-Consumer | $102.66M+84.2% | —— | —— | —— | $55.75M— | |
| Licensing | $26K-52.7% | —— | -$25K-13.6% | $314K+97.5% | $55K-69.3% | |
| Wholesale Accessories/Apparel | $21.83M+28.3% | —— | $21.86M+49.5% | $17.47M+32.6% | $17.01M+30.3% | |
| Wholesale Footwear | $34.46M+20.1% | —— | $33.42M+16.6% | $25.57M+13.4% | $28.69M— | |
| Less: Salaries and related expense by Business | ||||||
| Direct-to-Consumer | $34.73M+94.5% | —— | —— | —— | $17.86M— | |
| Licensing | $233K-14.3% | —— | $242K-19.1% | $239K-21.1% | $272K-15.3% | |
| Wholesale Accessories/Apparel | $16.01M+22.1% | —— | $15.5M+13.8% | $14.02M+6.4% | $13.12M+6.9% | |
| Wholesale Footwear | $21.17M+25.2% | —— | $18.15M+1.6% | $18.01M+2.2% | $16.92M— | |
| Cost of sales (exclusive of depreciation and amortization) by Business | ||||||
| Direct-to-Consumer | $70.21M+57.1% | —— | —— | —— | $44.69M— | |
| Licensing | $0— | —— | $0— | $0— | $0— | |
| Wholesale Accessories/Apparel | $82.61M-13.2% | —— | $123.19M-6.3% | $100.64M+0.8% | $95.12M-2.4% | |
| Wholesale Footwear | $142.86M-23.8% | —— | $174.86M-7.3% | $151.65M-4.0% | $187.45M— | |
| Goodwill, Foreign Currency Translation, Gain (Loss) by Business | ||||||
| Direct-to-Consumer | -$915K-338% | $384.25K+212% | $384.25K+212% | $384.25K+212% | $384.25K+212% | |
| Wholesale Accessories/Apparel | -$126K— | $8K— | -$3K— | -$4K— | $0— | |
| Wholesale Footwear | -$323K-451% | $369K+170% | $77K+121% | $653K+580% | $92K-34.8% | |
| Goodwill by Business | ||||||
| Direct-to-Consumer | $67.71M— | $67.93M+274% | —— | —— | —— | |
| Wholesale Accessories/Apparel | $82.19M+8.5% | $82.21M+8.8% | $84.21M+13.4% | $83.55M+12.5% | $75.76M+2.0% | |
| Wholesale Footwear | $104.26M+15.4% | $104.38M+16.0% | $108.12M+19.4% | $106.62M+17.3% | $90.37M-0.5% | |
| Goodwill, Measurement Period Adjustment by Business | ||||||
| Direct-to-Consumer | $700K— | —— | —— | —— | —— | |
| Wholesale Accessories/Apparel | $100K— | —— | —— | —— | —— | |
| Wholesale Footwear | $200K— | —— | —— | —— | —— | |
| Revenue by Geography | ||||||
| Domestic | $425.13M-5.7% | $447.29M-5.3% | $411.99M-18.1% | $368.07M-14.1% | $450.73M-0.9% | |
| Geographical | $57.15M-33.0% | $77.28M-11.0% | $62.45M-18.9% | $74.22M-13.4% | $85.28M+3.4% | |
| International | $227.96M+122% | $306.42M+178% | $255.88M+111% | $190.93M+101% | $102.8M+5.3% |
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.