Birkenstock Holding (BIRK) Operating Margin (2021 - 2026)
Birkenstock Holding's (BIRK) quarterly Operating Margin came in at 28.22% in Q2 2026, down 296.0% year-over-year from 14.4% in Q2 2025, and up 12.25% quarter-over-quarter from 25.14% in Q1 2026.
Analysis
Birkenstock Holding (BIRK) Operating Margin (2021 - 2026) Analysis & Trends
Birkenstock Holding (BIRK) has reported Operating Margin for 6 consecutive years, with 28.22% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin fell 296.0% year-over-year to 28.22% in Q2 2026; TTM through Jun 2026 was 24.23%, a 220.0% decrease from a year earlier, with the FY2025 full-year figure at 26.2%, up 287.0% from the prior year.
- Operating Margin was 28.22% for Q2 2026 at Birkenstock Holding, up from 25.14% 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 21.99% and a median of 25.04% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin jumped 2335 bps in 2022 and plunged 1993 bps in 2023, its largest moves.
- Over 5 years, Operating Margin stood at 5.73% in 2022, then surged by 105 bps to 11.74% in 2023, then jumped by 51 bps to 17.7% in 2024, then climbed by 10 bps to 19.49% in 2025, then jumped by 45 bps to 28.22% in 2026.
- The last three Operating Margin figures came in at 28.22% (Q2 2026), 25.14% (Q1 2026), and 19.49% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 56.96 Bn | 47.94 Bn | 5.39 Bn | 11.95% |
| 2 | Deckers Outdoor | 12.21 Bn | 10.30 Bn | - | - |
| 3 | Birkenstock Holding | 6.25 Bn | 5.45 Bn | 493.89 Mn | 28.22% |
| 4 | Crocs | 5.65 Bn | 5.48 Bn | 700.71 Mn | 24.22% |
| 5 | Steven Madden | 3.20 Bn | 3.13 Bn | 309.66 Mn | 5.90% |
| 6 | Wolverine World Wide | 1.70 Bn | 1.57 Bn | 235.30 Mn | 9.34% |
| 7 | Weyco | 433.33 Mn | 337.86 Mn | 43.78 Mn | 27.36% |
| 8 | Caleres | 418.19 Mn | 387.75 Mn | 315.47 Mn | 3.58% |
| 9 | Rocky Brands | 330.52 Mn | 327.89 Mn | 60.80 Mn | 16.63% |
| 10 | Smartbird | 29.76 Mn | -8.13 Mn | 6.19 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.22% |
| 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% |
| Sep 30, 2021 | 3.28% |
| Apr 30, 2021 | 24.33% |