Birkenstock Holding (BIRK) Operating Margin (2022 - 2026)

Birkenstock Holding (BIRK) reported Operating Margin of 25.14% for Q1 2026, down 539.0% year-over-year from 5.73% in Q1 2025, and up 28.99% quarter-over-quarter from 19.49% in Q4 2025.

Birkenstock Holding (BIRK) Operating Margin (2022 - 2026) Analysis & Trends

Birkenstock Holding (BIRK) has 5 years of Operating Margin data on file, last reported at 25.14% in Q1 2026.

  • Operating Margin for Q1 2026 came in at 25.14%, down 539.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.88% (down 24.0% YoY), and the FY2025 annual result was 26.2%, up 287.0% from the prior year.
  • Operating Margin climbed to 25.14% in Q1 2026 per BIRK's latest filing, from 19.49% in the prior quarter.
  • Over five years, Operating Margin peaked at 31.18% in Q2 2025 and troughed at 5.73% in Q4 2022.
  • A 5-year average of 21.58% and a median of 24.94% in 2023 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2023 and 2024: Operating Margin tumbled 1993 bps in 2023, then soared 1470 bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 5.73% in 2022, then soared by 105 bps to 11.74% in 2023, then surged by 51 bps to 17.7% in 2024, then grew by 10 bps to 19.49% in 2025, then grew by 29 bps to 25.14% in 2026.
  • Business Quant data shows BIRK's Operating Margin at 25.14% in Q1 2026, 19.49% in Q4 2025, and 21.32% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Birkenstock Holding 102.63 Bn 102.39 Bn 390.51 Mn 25.14%
2 Nike 65.09 Bn 57.03 Bn 4.53 Bn 14.57%
3 Deckers Outdoor 16.02 Bn 13.93 Bn 1.17 Bn 31.38%
4 Crocs 6.13 Bn 6.00 Bn 522.95 Mn 21.80%
5 Steven Madden 3.14 Bn 3.10 Bn 357.42 Mn 15.20%
6 Wolverine World Wide 1.98 Bn 1.79 Bn 243.40 Mn 9.45%
7 On Holding AG 1.66 Bn 264.30 Mn 682.30 Mn 14.11%
8 Forward Industries 381.04 Mn 355.65 Mn 16.85 Mn -2,722.80%
9 Designer Brands 349.93 Mn 299.82 Mn 315.32 Mn 2.71%
10 Weyco 343.83 Mn 246.40 Mn 33.84 Mn -15.95%

Historic Data

Download Data
DateValue
Mar 31, 2026 25.14%
Dec 31, 2025 19.49%
Sep 30, 2025 21.32%
Jun 30, 2025 31.18%
Mar 31, 2025 30.53%
Dec 31, 2024 17.70%
Sep 30, 2024 21.40%
Jun 30, 2024 27.53%
Mar 31, 2024 27.54%
Dec 31, 2023 11.74%
Sep 30, 2023 6.70%
Jun 30, 2023 24.94%
Mar 31, 2023 26.11%
Dec 31, 2022 5.73%
Sep 30, 2022 26.63%