Wholesale Footwear was Steven Madden’s largest revenue line in fiscal 2025, bringing in $1.04B of $2.53B (41%).
| Operating Activities | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Wholesale Footwear | $1.19B | $1.05B | $1.06B | $1.04B | |||||||||||||
| Direct-To-Consumer | $521.73M | $506.49M | $550.15M | $845.67M | |||||||||||||
| Wholesale Accessories/Apparel | $394.68M | $416.53M | $662.67M | $640.66M | |||||||||||||
| Wholesale Accessories | — | — | — | — | |||||||||||||
| Retail | — | — | — | — | |||||||||||||
| Licensing | $9.80M | $10.11M | $10.66M | $12.59M | |||||||||||||
| First Cost | $916.00K | — | — | — | |||||||||||||
| Total | $2.12B | $1.98B | $2.28B | $2.53B |
Steven Madden brought in $2.53B from its four revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 11.0% from $2.28B in fiscal 2024. Wholesale Footwear was the largest at $1.04B (40.9%), ahead of Direct-To-Consumer at $845.67M (33.4%) and Wholesale Accessories/Apparel at $640.66M (25.3%). The remaining revenue line, Licensing, brought in $12.59M.
Compared with fiscal 2024, Direct-To-Consumer grew fastest, up 53.7% to $845.67M, while Wholesale Accessories/Apparel fell the most, down 3.3% to $640.66M.
Steven Madden stopped reporting First Cost as a separate revenue line after fiscal 2022, when it brought in $916.00K.
Domestic was Steven Madden’s largest region in fiscal 2025, bringing in $1.68B of $2.53B (66%).
| Geography | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Domestic | $1.77B | $1.60B | $1.86B | $1.68B | ||||||||||
| International | $349.30M | $380.48M | $424.20M | $856.03M | ||||||||||
| Domestic (Non-Us Title) | — | — | — | — | ||||||||||
| Total | $2.12B | $1.98B | $2.28B | $2.53B |
Steven Madden brought in $2.53B from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 11.0% from $2.28B in fiscal 2024. Domestic was the largest at $1.68B (66.2%), ahead of International at $856.03M (33.8%).
Compared with fiscal 2024, International grew 101.8% to $856.03M, while Domestic fell 9.7% to $1.68B. From fiscal 2022 to 2025, combined revenue from these regions grew from $2.12B to $2.53B, a compound annual growth rate of 6.1%. Domestic's share of the total fell from 83.5% to 66.2%.
Steven Madden (SHOO) reports its revenue by operating activities and by geography. In fiscal 2025, Wholesale Footwear was its largest revenue line, bringing in $1.04B (40.9% of the total), followed by Direct-To-Consumer at $845.67M (33.4%).
Wholesale Footwear was Steven Madden's largest revenue line in fiscal 2025, bringing in $1.04B, or 40.9% of the $2.53B total across its four revenue lines.
Domestic was Steven Madden's largest region in fiscal 2025, bringing in $1.68B, or 66.2% of the $2.53B total across its two regions.
Among Steven Madden's revenue lines that make up at least 2% of revenue, Direct-To-Consumer grew fastest in fiscal 2025, up 53.7% from $550.15M to $845.67M.
Every figure comes from Steven Madden's annual financial filings, as reported. Each line keeps the name Steven Madden gives it, and years follow its fiscal calendar.
Steven Madden's revenue by operating activities goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.