Steven Madden (SHOO) Gross Margin (2010 - 2026)
Steven Madden (SHOO) posted quarterly Gross Margin of 46.5% for Q2 2026, up 607.0% year-over-year from 6.58% in Q2 2025, and down 15.02% on a QoQ basis from 54.73% in Q1 2026.
Steven Madden (SHOO) Gross Margin (2010 - 2026) Analysis & Trends
Steven Madden has reported Gross Margin for 17 years, with the latest figure at 46.5% in Q2 2026.
- Gross Margin for Q2 2026 came in at 46.5%, up 607.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 46.13% (up 529.0% YoY), and the FY2025 annual result was 41.41%, up 37.0% from the prior year.
- Gross Margin declined to 46.5% in Q2 2026, from 54.73% in the prior quarter.
- Over five years, Gross Margin peaked at 54.73% in Q1 2026 and troughed at 40.43% in Q4 2024.
- A 5-year average of 42.42% and a median of 41.5% in 2024 frame the typical range for Gross Margin.
- The widest annual swing landed in 2022, when Gross Margin plunged 203 bps; it then jumped 1385 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 42.22% in 2022, then declined by 2 bps to 41.34% in 2023, then decreased by 2 bps to 40.43% in 2024, then climbed by 5 bps to 42.43% in 2025, then increased by 10 bps to 46.5% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 46.5% in Q2 2026, 54.73% in Q1 2026, and 42.43% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 60.63 Bn | 51.60 Bn | 5.39 Bn | 49.15% |
| 2 | Deckers Outdoor | 13.33 Bn | 11.43 Bn | - | - |
| 3 | Birkenstock Holding | 7.60 Bn | 6.80 Bn | 493.89 Mn | 59.05% |
| 4 | Crocs | 6.44 Bn | 6.27 Bn | 700.71 Mn | 59.41% |
| 5 | Steven Madden | 3.37 Bn | 3.28 Bn | 309.66 Mn | 46.50% |
| 6 | Wolverine World Wide | 1.62 Bn | 1.46 Bn | 235.30 Mn | 46.47% |
| 7 | Weyco | 425.23 Mn | 329.76 Mn | 43.78 Mn | 70.37% |
| 8 | Forward Industries | 355.01 Mn | 355.01 Mn | - | - |
| 9 | Rocky Brands | 354.31 Mn | 351.69 Mn | 60.80 Mn | 51.37% |
| 10 | Designer Brands | 311.24 Mn | 261.14 Mn | 315.32 Mn | 45.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 46.50% |
| Mar 31, 2026 | 55.02% |
| Dec 31, 2025 | 43.15% |
| Sep 30, 2025 | 41.53% |
| Jun 30, 2025 | 40.65% |
| Mar 31, 2025 | 41.04% |
| Dec 31, 2024 | 41.19% |
| Sep 30, 2024 | 41.78% |
| Jun 30, 2024 | 41.62% |
| Mar 31, 2024 | 40.83% |
| Dec 31, 2023 | 41.34% |
| Sep 30, 2023 | 42.31% |
| Jun 30, 2023 | 42.64% |
| Mar 31, 2023 | 42.25% |
| Dec 31, 2022 | 42.22% |
| Sep 30, 2022 | 41.49% |
| Jun 30, 2022 | 40.70% |
| Mar 31, 2022 | 40.89% |
| Dec 31, 2021 | 40.58% |
| Sep 30, 2021 | 41.90% |