Crocs Inc
NASDAQ:CROX
Income Statement
Earnings Waterfall
Crocs Inc
Revenue
|
4B
USD
|
Cost of Revenue
|
-1.8B
USD
|
Gross Profit
|
2.2B
USD
|
Operating Expenses
|
-1.2B
USD
|
Operating Income
|
1B
USD
|
Other Expenses
|
-253.5m
USD
|
Net Income
|
792.6m
USD
|
Income Statement
Crocs Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 193
N/A
|
1 193
+0%
|
1 207
+1%
|
1 220
+1%
|
1 198
-2%
|
1 148
-4%
|
1 117
-3%
|
1 089
-3%
|
1 091
+0%
|
1 108
+2%
|
1 086
-2%
|
1 058
-3%
|
1 036
-2%
|
1 025
-1%
|
1 014
-1%
|
1 012
0%
|
1 024
+1%
|
1 039
+1%
|
1 054
+1%
|
1 071
+2%
|
1 088
+2%
|
1 101
+1%
|
1 132
+3%
|
1 184
+5%
|
1 231
+4%
|
1 216
-1%
|
1 189
-2%
|
1 237
+4%
|
1 386
+12%
|
1 565
+13%
|
1 874
+20%
|
2 138
+14%
|
2 313
+8%
|
2 513
+9%
|
2 837
+13%
|
3 196
+13%
|
3 555
+11%
|
3 779
+6%
|
3 887
+3%
|
3 948
+2%
|
3 962
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(570)
|
(580)
|
(589)
|
(601)
|
(604)
|
(583)
|
(566)
|
(573)
|
(580)
|
(595)
|
(593)
|
(563)
|
(536)
|
(521)
|
(510)
|
(506)
|
(506)
|
(515)
|
(518)
|
(521)
|
(528)
|
(543)
|
(566)
|
(593)
|
(614)
|
(602)
|
(584)
|
(590)
|
(636)
|
(696)
|
(790)
|
(861)
|
(893)
|
(1 022)
|
(1 243)
|
(1 460)
|
(1 695)
|
(1 767)
|
(1 752)
|
(1 772)
|
(1 752)
|
|
Gross Profit |
623
N/A
|
614
-2%
|
617
+1%
|
619
+0%
|
594
-4%
|
566
-5%
|
551
-3%
|
516
-6%
|
511
-1%
|
513
+0%
|
493
-4%
|
494
+0%
|
500
+1%
|
504
+1%
|
505
+0%
|
506
+0%
|
517
+2%
|
524
+1%
|
535
+2%
|
551
+3%
|
560
+2%
|
558
0%
|
566
+1%
|
591
+4%
|
617
+4%
|
614
-1%
|
604
-2%
|
647
+7%
|
750
+16%
|
869
+16%
|
1 084
+25%
|
1 277
+18%
|
1 420
+11%
|
1 492
+5%
|
1 594
+7%
|
1 736
+9%
|
1 860
+7%
|
2 012
+8%
|
2 135
+6%
|
2 176
+2%
|
2 210
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(549)
|
(558)
|
(561)
|
(569)
|
(566)
|
(555)
|
(570)
|
(561)
|
(559)
|
(548)
|
(528)
|
(515)
|
(503)
|
(509)
|
(501)
|
(498)
|
(495)
|
(489)
|
(493)
|
(497)
|
(490)
|
(488)
|
(486)
|
(484)
|
(488)
|
(492)
|
(459)
|
(466)
|
(500)
|
(506)
|
(593)
|
(660)
|
(729)
|
(791)
|
(865)
|
(945)
|
(985)
|
(1 045)
|
(1 098)
|
(1 128)
|
(1 164)
|
|
Selling, General & Administrative |
(541)
|
(550)
|
(545)
|
(544)
|
(518)
|
(516)
|
(541)
|
(534)
|
(517)
|
(520)
|
(501)
|
(489)
|
(464)
|
(479)
|
(471)
|
(470)
|
(455)
|
(469)
|
(480)
|
(490)
|
(452)
|
(485)
|
(483)
|
(482)
|
(457)
|
(492)
|
(459)
|
(466)
|
(470)
|
(506)
|
(593)
|
(660)
|
(694)
|
(791)
|
(845)
|
(924)
|
(958)
|
(1 040)
|
(1 093)
|
(1 123)
|
(1 110)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(21)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
(9)
|
(31)
|
(22)
|
(29)
|
(28)
|
(28)
|
(28)
|
(27)
|
(27)
|
(27)
|
(27)
|
(27)
|
(26)
|
(26)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
(32)
|
|
Other Operating Expenses |
(8)
|
(8)
|
(17)
|
(17)
|
0
|
(17)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(2)
|
0
|
0
|
(20)
|
(13)
|
(7)
|
0
|
(3)
|
(3)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(20)
|
(21)
|
0
|
(5)
|
(5)
|
(5)
|
0
|
|
Operating Income |
74
N/A
|
55
-25%
|
56
+1%
|
50
-11%
|
29
-43%
|
11
-62%
|
(19)
N/A
|
(45)
-136%
|
(48)
-6%
|
(35)
+27%
|
(35)
N/A
|
(21)
+40%
|
(3)
+85%
|
(5)
-55%
|
4
N/A
|
8
+98%
|
23
+186%
|
34
+52%
|
43
+24%
|
54
+27%
|
70
+29%
|
70
0%
|
80
+15%
|
106
+32%
|
129
+21%
|
122
-6%
|
145
+19%
|
182
+25%
|
250
+38%
|
363
+45%
|
491
+35%
|
617
+26%
|
691
+12%
|
701
+1%
|
730
+4%
|
791
+8%
|
876
+11%
|
967
+10%
|
1 038
+7%
|
1 047
+1%
|
1 046
0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(1)
|
(1)
|
(3)
|
(3)
|
(5)
|
(7)
|
(3)
|
(3)
|
(1)
|
1
|
(1)
|
1
|
1
|
2
|
2
|
2
|
(2)
|
(5)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(10)
|
(13)
|
(21)
|
(38)
|
(67)
|
(96)
|
(132)
|
(156)
|
(164)
|
(170)
|
(160)
|
|
Non-Reccuring Items |
(11)
|
(13)
|
(22)
|
(33)
|
(33)
|
(35)
|
(30)
|
(26)
|
(24)
|
(21)
|
(16)
|
(11)
|
(3)
|
0
|
0
|
0
|
(5)
|
(7)
|
(7)
|
(8)
|
(7)
|
0
|
0
|
0
|
(0)
|
(5)
|
(20)
|
(24)
|
(36)
|
(45)
|
(35)
|
(30)
|
(8)
|
(24)
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(9)
|
|
Total Other Income |
0
|
0
|
0
|
1
|
0
|
(0)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
0
|
(1)
|
1
|
1
|
1
|
1
|
(0)
|
(0)
|
2
|
1
|
1
|
1
|
(0)
|
0
|
1
|
1
|
(0)
|
|
Pre-Tax Income |
60
N/A
|
39
-34%
|
32
-20%
|
14
-56%
|
(9)
N/A
|
(25)
-195%
|
(51)
-104%
|
(74)
-45%
|
(75)
-1%
|
(60)
+20%
|
(57)
+4%
|
(34)
+41%
|
(7)
+79%
|
(4)
+39%
|
7
N/A
|
9
+36%
|
18
+102%
|
30
+62%
|
37
+26%
|
49
+32%
|
65
+32%
|
68
+5%
|
76
+11%
|
99
+31%
|
119
+20%
|
108
-10%
|
118
+9%
|
150
+27%
|
207
+38%
|
311
+50%
|
447
+44%
|
574
+29%
|
664
+16%
|
640
-4%
|
664
+4%
|
696
+5%
|
719
+3%
|
811
+13%
|
874
+8%
|
878
+0%
|
876
0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(50)
|
(49)
|
(53)
|
(33)
|
4
|
9
|
25
|
8
|
(9)
|
(11)
|
(12)
|
(12)
|
(9)
|
(11)
|
(16)
|
(15)
|
(7)
|
(13)
|
(9)
|
(12)
|
(15)
|
(10)
|
(12)
|
(10)
|
0
|
(2)
|
6
|
(0)
|
106
|
89
|
216
|
180
|
62
|
60
|
(123)
|
(139)
|
(178)
|
(194)
|
(205)
|
(201)
|
(84)
|
|
Income from Continuing Operations |
11
|
(9)
|
(22)
|
(19)
|
(5)
|
(16)
|
(26)
|
(66)
|
(83)
|
(71)
|
(69)
|
(46)
|
(17)
|
(16)
|
(9)
|
(6)
|
11
|
16
|
29
|
38
|
50
|
59
|
64
|
89
|
120
|
106
|
123
|
150
|
313
|
400
|
663
|
754
|
726
|
700
|
542
|
557
|
540
|
617
|
669
|
677
|
793
|
|
Net Income (Common) |
10
N/A
|
(13)
N/A
|
(31)
-142%
|
(34)
-9%
|
(19)
+44%
|
(31)
-61%
|
(38)
-23%
|
(76)
-101%
|
(98)
-29%
|
(87)
+12%
|
(86)
+1%
|
(63)
+26%
|
(32)
+50%
|
(31)
+2%
|
(26)
+16%
|
(23)
+12%
|
(5)
+77%
|
(1)
+83%
|
16
N/A
|
25
+55%
|
(69)
N/A
|
(55)
+21%
|
(48)
+12%
|
(19)
+60%
|
120
N/A
|
106
-11%
|
123
+16%
|
150
+21%
|
313
+109%
|
400
+28%
|
663
+66%
|
754
+14%
|
726
-4%
|
700
-4%
|
542
-23%
|
557
+3%
|
540
-3%
|
617
+14%
|
669
+8%
|
677
+1%
|
793
+17%
|
|
EPS (Diluted) |
0.11
N/A
|
-0.15
N/A
|
-0.37
-147%
|
-0.38
-3%
|
-0.22
+42%
|
-0.4
-82%
|
-0.51
-28%
|
-1.01
-98%
|
-1.3
-29%
|
-1.18
+9%
|
-1.14
+3%
|
-0.87
+24%
|
-0.43
+51%
|
-0.43
N/A
|
-0.36
+16%
|
-0.32
+11%
|
-0.06
+81%
|
-0.01
+83%
|
0.23
N/A
|
0.35
+52%
|
-1.01
N/A
|
-0.73
+28%
|
-0.67
+8%
|
-0.27
+60%
|
1.66
N/A
|
1.53
-8%
|
1.81
+18%
|
2.18
+20%
|
4.56
+109%
|
5.99
+31%
|
10.25
+71%
|
11.91
+16%
|
11.39
-4%
|
11.49
+1%
|
8.7
-24%
|
8.93
+3%
|
8.71
-2%
|
9.85
+13%
|
10.7
+9%
|
10.98
+3%
|
12.79
+16%
|