BIRK FY 2025 Earnings Report — Birkenstock Holding plc Revenue & Financial Results | Market Cap Arena

Birkenstock Holding plcBIRK

FY 2025 Earnings

Reported December 18, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$2.5B	—	$2.1B	—	16.2%
Op. Income	$643M	—	$492M	—	30.5%
Gross Margin	59.1%	—	58.8%	—	0.3pp
Net Margin	16.6%	—	10.6%	—	6.0pp
EPS (Diluted)	$2.19	—	$1.19	—	83.3%
Free Cash Flow	$337M	—	$415M	—	-18.7%

Revenue Flow

Item	Amount
REVENUE	$2.5B
Cost of Revenue	$1.0B
GROSS PROFIT	$1.4B
R&D Expenses	$0
Selling & Marketing	$442M
General & Administrative	$268M
SG&A Expenses	$710M
Other Expenses	$97M
Operating Expenses	$807M
Cost & Expenses	$1.8B
OPERATING INCOME	$643M
Interest Income	$8M
Interest Expense	$88M
Other Income/Expenses	-$93M
INCOME BEFORE TAX	$549M
Income Tax Expense	$142M
Net Income from Continuing Ops	$407M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$407M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$407M
D&A	$133M
EBIT	$638M
EBITDA	$771M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.5B
Cost of Revenue	$1.0B
GROSS PROFIT	$1.4B
R&D Expenses	$0
Selling & Marketing	$442M
General & Administrative	$268M
SG&A Expenses	$710M
Other Expenses	$97M
Operating Expenses	$807M
Cost & Expenses	$1.8B
OPERATING INCOME	$643M
Interest Income	$8M
Interest Expense	$88M
Other Income/Expenses	-$93M
INCOME BEFORE TAX	$549M
Income Tax Expense	$142M
Net Income from Continuing Ops	$407M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$407M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$407M
D&A	$133M
EBIT	$638M
EBITDA	$771M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$407M
Depreciation & Amortization	$133M
Stock-Based Compensation	$0
Deferred Income Tax	$142M
Other Non-Cash Items	-$66M
Change in Working Capital	-$180M
OPERATING CASH FLOW	$436M
Capital Expenditure	-$99M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$19M
NET CASH FROM INVESTING	-$109M
Net Debt Issuance	-$65M
Common Stock Repurchased	-$228M
Common Dividends Paid	$0
Other Financing Activities	-$67M
NET CASH FROM FINANCING	-$359M
FREE CASH FLOW	$337M
Net Change in Cash	-$12M

Balance Sheet

Item	Amount
Cash & Equivalents	$385M
Short-Term Investments	$14M
Net Receivables	$221M
Inventory	$824M
Other Current Assets	$23M
TOTAL CURRENT ASSETS	$1.5B
PP&E (Net)	$628M
Goodwill	$1.8B
Intangible Assets	$1.8B
Long-Term Investments	$0
Tax Assets	$14M
Other Non-Current Assets	$33M
TOTAL NON-CURRENT ASSETS	$4.3B
TOTAL ASSETS	$5.8B
Account Payables	$84M
Short-Term Debt	$20M
Deferred Revenue	$7M
Other Current Liabilities	$113M
TOTAL CURRENT LIABILITIES	$530M
Long-Term Debt	$1.3B
Deferred Revenue NC	$16M
Deferred Tax Liabilities	$191M
Other Non-Current Liabilities	$397M
TOTAL NON-CURRENT LIABILITIES	$2.1B
TOTAL LIABILITIES	$2.6B
Common Stock	$0
Additional Paid-In Capital	$2.3B
Retained Earnings	$895M
Treasury Stock	$0
Accum. Other Comp. Income	-$41M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.2B
Minority Interest	$0
TOTAL EQUITY	$3.2B
TOTAL LIABILITIES & EQUITY	$5.8B
Total Debt	$1.5B
Net Debt	$1.1B