Birkenstock Holding (BIRK) Research & Development (2022 - 2026)
Birkenstock Holding (BIRK) posted quarterly Research & Development of -$161.9 million for Q1 2026, down 21.69% year-over-year from -$206.8 million in Q1 2025, and down 10.77% quarter-over-quarter from -$146.2 million in Q4 2025.
Birkenstock Holding (BIRK) Research & Development (2022 - 2026) Analysis & Trends
Birkenstock Holding (BIRK) has reported Research & Development for 5 consecutive years, with -$161.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 21.69% year-over-year to -$161.9 million; the TTM figure through Mar 2026 stood at -$675.0 million (down 17.36% YoY), while the FY2025 annual figure was -$623.3 million, down 13.34% from the prior year.
- Research & Development eased to -$161.9 million in Q1 2026 per BIRK's latest filing, from -$146.2 million in the prior quarter.
- Across five years, Research & Development topped out at -$87.9 million in Q4 2022 and bottomed at -$184.3 million in Q2 2025.
- Historically, Research & Development has averaged -$138.9 million across 5 years, with a median of -$146.2 million in 2025.
- Annual changes were most pronounced in 2023 — Research & Development sank 44.17% — and 2024, when it advanced 2.58%.
- Birkenstock Holding's Research & Development stood at -$87.9 million in 2022, then declined by 26.72% to -$111.3 million in 2023, then decreased by 13.4% to -$126.3 million in 2024, then fell by 15.78% to -$146.2 million in 2025, then retreated by 10.77% to -$161.9 million in 2026.
- Business Quant data shows BIRK's Research & Development at -$161.9 million in Q1 2026, -$146.2 million in Q4 2025, and -$182.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 60.32 Bn | 51.30 Bn | 5.39 Bn | - |
| 2 | Deckers Outdoor | 13.39 Bn | 11.48 Bn | - | - |
| 3 | Birkenstock Holding | 7.24 Bn | 6.44 Bn | 493.89 Mn | - |
| 4 | Crocs | 6.47 Bn | 6.30 Bn | 700.71 Mn | - |
| 5 | Steven Madden | 3.36 Bn | 3.26 Bn | 309.66 Mn | - |
| 6 | Wolverine World Wide | 1.70 Bn | 1.54 Bn | 235.30 Mn | - |
| 7 | Weyco | 425.89 Mn | 330.42 Mn | 43.78 Mn | - |
| 8 | Forward Industries | 365.42 Mn | 365.42 Mn | - | - |
| 9 | Rocky Brands | 358.97 Mn | 356.34 Mn | 60.80 Mn | - |
| 10 | Fossil | 329.13 Mn | 250.18 Mn | 130.79 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -161.93 Mn |
| Dec 31, 2025 | -146.18 Mn |
| Sep 30, 2025 | -182.65 Mn |
| Jun 30, 2025 | -184.25 Mn |
| Mar 31, 2025 | -133.06 Mn |
| Dec 31, 2024 | -126.26 Mn |
| Sep 30, 2024 | -155.18 Mn |
| Jun 30, 2024 | -160.66 Mn |
| Mar 31, 2024 | -122.93 Mn |
| Dec 31, 2023 | -111.34 Mn |
| Sep 30, 2023 | -159.29 Mn |
| Jun 30, 2023 | -148.81 Mn |
| Mar 31, 2023 | -93.11 Mn |
| Dec 31, 2022 | -87.86 Mn |
| Sep 30, 2022 | -110.49 Mn |