Birkenstock Holding (BIRK) Change in Working Capital (2023 - 2026)
Birkenstock Holding (BIRK) posted quarterly Change in Working Capital of -$178.4 million for Q1 2026, down 12.87% year-over-year from -$204.7 million in Q1 2025, and down 71.91% quarter-over-quarter from -$103.8 million in Q4 2025.
Birkenstock Holding (BIRK) Change in Working Capital (2023 - 2026) Analysis & Trends
Birkenstock Holding (BIRK) has reported Change in Working Capital for 4 consecutive years, with -$178.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Working Capital fell 12.87% year-over-year to -$178.4 million; the TTM figure through Mar 2026 stood at -$208.8 million (down 108.7% YoY), while the FY2025 annual figure was -$169.9 million, down 77.52% from the prior year.
- Change in Working Capital declined to -$178.4 million in Q1 2026 per BIRK's latest filing, from -$103.8 million in the prior quarter.
- Across five years, Change in Working Capital topped out at $103.9 million in Q2 2024 and bottomed at -$178.4 million in Q1 2026.
- Historically, Change in Working Capital has averaged -$44.3 million across 4 years, with a median of -$72.2 million in 2024.
- Annual changes were most pronounced in 2024 — Change in Working Capital soared 34.81% — and 2025, when it sank 50.26%.
- Birkenstock Holding's Change in Working Capital stood at -$110.8 million in 2023, then jumped by 34.81% to -$72.2 million in 2024, then plunged by 43.63% to -$103.8 million in 2025, then tumbled by 71.91% to -$178.4 million in 2026.
- Business Quant data shows BIRK's Change in Working Capital at -$178.4 million in Q1 2026, -$103.8 million in Q4 2025, and $13.1 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 60.40 Bn | 51.38 Bn | 5.39 Bn | - |
| 2 | Deckers Outdoor | 13.25 Bn | 11.34 Bn | - | - |
| 3 | Birkenstock Holding | 7.23 Bn | 6.43 Bn | 493.89 Mn | - |
| 4 | Crocs | 6.34 Bn | 6.17 Bn | 700.71 Mn | - |
| 5 | Steven Madden | 3.45 Bn | 3.39 Bn | 309.66 Mn | - |
| 6 | Wolverine World Wide | 1.71 Bn | 1.57 Bn | 235.30 Mn | - |
| 7 | Weyco | 432.28 Mn | 336.81 Mn | 43.78 Mn | - |
| 8 | Rocky Brands | 355.90 Mn | 353.27 Mn | 60.80 Mn | - |
| 9 | Fossil | 329.23 Mn | 234.38 Mn | 130.79 Mn | - |
| 10 | Forward Industries | 314.59 Mn | 314.59 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -178.37 Mn |
| Mar 31, 2026 | -178.37 Mn |
| Dec 31, 2025 | -103.76 Mn |
| Dec 31, 2025 | -103.76 Mn |
| Sep 30, 2025 | 13.09 Mn |
| Sep 30, 2025 | 13.09 Mn |
| Jun 30, 2025 | 60.23 Mn |
| Jun 30, 2025 | 60.23 Mn |
| Mar 31, 2025 | -158.03 Mn |
| Mar 31, 2025 | -158.03 Mn |
| Dec 31, 2024 | -72.24 Mn |
| Dec 31, 2024 | -72.24 Mn |
| Sep 30, 2024 | 26.31 Mn |
| Sep 30, 2024 | 26.31 Mn |
| Jun 30, 2024 | 103.91 Mn |
| Jun 30, 2024 | 103.91 Mn |
| Mar 31, 2024 | -114.73 Mn |
| Mar 31, 2024 | -114.73 Mn |
| Dec 31, 2023 | -110.82 Mn |
| Dec 31, 2023 | -110.82 Mn |