Crocs Q1 Revenue at $921.5M, EPS Beats Estimates; Raises 2026 Guidance
Crocs reported Q1 revenue of $921.5 million and adjusted EPS of $2.99, surpassing consensus forecasts and prior-year results. The company’s debt-to-equity ratio is 0.28 and current ratio is 1.67, and it raised full-year adjusted EPS guidance to $13.20–$13.75.
1. Q1 Financial Results
On April 30, Crocs reported Q1 revenue of $921.5 million, exceeding the $900.9 million consensus, and delivered adjusted EPS of $2.99 versus analysts’ estimate of $2.78 and prior-year $3.00 per share.
2. Sales Channel Performance
Direct-to-Consumer sales rose 12.1% year-over-year, driving overall growth, while wholesale revenues declined 9.9%, reflecting a strategic shift toward higher-margin channels.
3. Balance Sheet Strength
The company’s debt-to-equity ratio stands at 0.28 and its current ratio at 1.67, underscoring strong liquidity and a solid balance sheet position to fund growth initiatives.
4. Full-Year Guidance Increase
Management raised full-year 2026 adjusted earnings guidance to $13.20–$13.75 per share, signaling confidence in sustained DTC momentum and overall sales performance.