The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income (loss) | -81,198 | 950,071 | 792,566 | 540,159 |
| Depreciation and amortization | 79,282 | 69,840 | 54,304 | 39,229 |
| Operating lease cost | 104,313 | 85,130 | 79,543 | 66,012 |
| Inventory donations | 871 | 812 | 2,078 | 2,770 |
| Provision for (recovery of) doubtful accounts, net | -190 | 1,352 | 3,568 | 1,101 |
| Share-based compensation | 36,701 | 33,053 | 29,072 | 31,303 |
| Loss on disposal of assets | - | -958 | -419 | -9,063 |
| Asset impairments | 738,115 | 24,081 | 9,287 | 0 |
| Deferred taxes | 47,093 | -254,454 | 410,319 | 4,760 |
| Other non-cash items | -5,931 | -13,213 | -3,401 | -9,947 |
| Accrued expenses and other liabilities | - | - | 46,695 | 38,629 |
| Accounts receivable, net of allowances | 6,169 | -42,587 | 13,317 | 56,766 |
| Inventories | 13,842 | -22,055 | -86,350 | 91,614 |
| Prepaid expenses and other assets | 22,317 | 13,892 | 31,839 | 14,435 |
| Accounts payable | 709 | 3,951 | 37,197 | 41,701 |
| Accrued expenses and other liabilities | 524 | 9,971 | - | - |
| Right-of-use assets and operating lease liabilities | -105,293 | -88,772 | -75,107 | -63,355 |
| Income taxes | 74,099 | -92,530 | -316,546 | -54,158 |
| Cash provided by operating activities | 710,431 | 992,486 | 930,444 | 603,142 |
| Purchases of property, equipment, and software | 51,231 | 69,347 | 115,625 | 104,190 |
| Acquisition of heydude, net of cash acquired | - | 0 | 0 | 2,046,881 |
| Other | 0 | 0 | 46 | 20 |
| Cash used in investing activities | -51,231 | -69,347 | -115,671 | -2,151,091 |
| Proceeds from bank borrowings | 819,000 | 102,156 | 257,905 | 2,169,898 |
| Proceeds from notes issuance | - | - | 0 | 0 |
| Deferred debt issuance costs | - | 2,277 | 1,736 | 53,596 |
| Repayments of bank borrowings | 947,000 | 425,405 | 923,703 | 575,285 |
| Repurchases of common stock, including excise taxes paid | 582,320 | 552,451 | 175,019 | 0 |
| Repurchases of common stock for tax withholding | 4,245 | 8,239 | 17,086 | 11,477 |
| Other | 0 | 168 | 0 | 119 |
| Cash used in financing activities | -714,565 | -886,048 | -859,639 | 1,529,659 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 5,598 | -6,510 | 3,078 | -3,750 |
| Net change in cash, cash equivalents, and restricted cash | -49,767 | 30,581 | -41,788 | -22,040 |
| Cash and cash equivalents at beginning of period | 183,678 | - | - | - |
| Cash and cash equivalents at end of period | 133,911 | - | - | - |
Crocs, Inc. (CROX)
Crocs, Inc. (CROX)