Third‑Quarter 2025 Results for Crocs, Inc.
Crocs, Inc. (NASDAQ: CROX) reported its third‑quarter 2025 financial results on October 30, 2025. The company posted a net earnings of $145.8 million, equivalent to $2.70 per diluted share on a GAAP basis. Adjusted earnings, excluding non‑recurring costs, rose to $2.92 per share, surpassing the consensus estimate of $2.39 per share from five analysts.
Revenue for the quarter amounted to $996.3 million, exceeding the consensus estimate of $968.1 million from four analysts. The growth in sales was driven by a 6 % increase in wholesale revenues and a strong performance in direct‑to‑consumer channels. International sales contributed significantly, with the Heydude brand showing robust momentum.
Cash Flow and Share‑Repurchase Activity
Crocs generated strong cash flow during the quarter, which the company used to:
- Repurchase 2.4 million shares of its outstanding stock.
- Pay down $63 million of debt.
These actions align with the company’s value‑creation model, which focuses on disciplined brand strategy execution, product and go‑to‑market innovation, and financial discipline.
Market Context
As of October 28, 2025, Crocs’ share price closed at $84.69. The stock has traded within a 52‑week range of $73.76 to $122.84. The company’s market capitalization stands at $4.81 billion, and its price‑earnings ratio is 21.04.
The latest earnings announcement was covered by multiple outlets, including Grafa.com, PRNewswire, and Finviz.com, which provided analyst expectations and market insights for the quarter.
Summary
Crocs, Inc. delivered a third‑quarter performance that surpassed analyst expectations in both earnings and revenue. The company’s focus on international expansion, direct‑to‑consumer growth, and financial prudence—evidenced by share repurchases and debt reduction—reinforces its position within the consumer discretionary sector.
