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| Date | Value |
|---|---|
| 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% |