Crocs Q3 2025 Earnings: Revenue Beats Expectations at $996M, EPS Falls Short

Crocs Inc reported Q3 2025 revenues of $996M, beating estimates, but down 6.2% YoY. DTC revenues grew 1.6%, while wholesale revenues declined 14.7%. Gross margin decreased to 58.5%, and income from operations fell 23% to $208M. The company repurchased 2.4M shares for $203M and paid down $63M in debt. Despite challenges, Crocs Inc is focused on innovation and operational efficiency to drive shareholder value.