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Zumiez ZUMZ Gift Cards — Deferred Revenue

Other product segments

STASH Loyalty Program
$900K-18.2%

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Other financials

Income statement

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Revenue$193.3M+4.9%
Gross profit$61.3M+10.9%
Operating income-$15.2M+23.6%
Net income-$13.3M+7.4%
EPS (diluted)-$0.82-3.8%

Balance sheet

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Cash & equivalents$66.9M+7.0%
Total debt$203.8M+1.0%
Total equity$305.9M+2.5%
Total assets$618.7M+3.3%

Cash flow

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Operating cash flow-$28.1M-27.2%
CapEx$1.7M-23.1%
Free cash flow-$29.8M-22.6%

Valuation

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Market cap$329.51M+30.9%
Enterprise value$466.43M+19.3%
P/E22.8×
P/S0.4×+0.1×

Profitability

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Gross margin36.1%+1.9pp
Operating margin2.3%+2.1pp
Net margin1.5%
FCF margin0.3%

Returns & leverage

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Return on equity4.8%
Debt / equity0.7×0.0×
Current ratio1.9×0.0×

Where this comes from

Reported directly by Zumiez in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The source filing: Zumiez’s 10-Q, filed June 4, 2026.

Filed
Jun 4, 2026, 4:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-257341

Our contract liabilities include deferred revenue related to our STASH customer loyalty program and gift cards. The current liability for gift cards was $3.2 million and $4.2 million at May 2, 2026 and January 31, 2026, respectively. The deferred revenue related to our customer loyalty program was $0.9 million and $1.0 million at May 2, 2026 and January 31, 2026, respectively.

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FAQ

What is Zumiez's gift cards — deferred revenue?
Zumiez (ZUMZ) reported gift cards — deferred revenue of $3.2M in Q1 2026.
How has Zumiez's gift cards — deferred revenue changed year-over-year?
Zumiez's gift cards — deferred revenue increased by 10.3% year-over-year, from $2.9M to $3.2M.
What is the long-term trend for Zumiez's gift cards — deferred revenue?
Over 4 years (2021 to 2025), Zumiez's gift cards — deferred revenue has grown at a -7.1% compound annual growth rate (CAGR), from $16.5M to $12.3M.
What does gift cards — deferred revenue mean?
This metric represents the outstanding balance of unredeemed gift cards issued to customers, which constitutes a performance obligation for the company. It reflects the deferred revenue associated with future merchandise purchases that customers are expected to make using these stored-value instruments. Monitoring this liability provides insight into customer loyalty, future sales potential, and the velocity at which prepaid funds are converted into actual retail transactions.

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