Birkenstock Holding plc (BIRK) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 26, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 6-K for Q1 FY2026, filed Feb 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BIRK SEC filings page.
Birkenstock Holding plc (BIRK) reported $2.5B in revenue over the twelve months to Dec 31, 2025, up 22.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Birkenstock Holding plc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Birkenstock Holding plc has an operating margin of 26.2%, meaning the company retains $26 of operating profit per $100 of revenue. This strong profitability earns a score of 85/100, reflecting efficient cost management and pricing power. This is up from 23.3% the prior year.
Birkenstock Holding plc's revenue surged 22.4% year-over-year to $2.5B, reflecting rapid business expansion. This strong growth earns a score of 86/100.
Birkenstock Holding plc has a moderate D/E ratio of 0.41. This balance of debt and equity financing earns a leverage score of 64/100.
With a current ratio of 2.81, Birkenstock Holding plc holds $2.81 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 75/100.
Birkenstock Holding plc converts 14.7% of revenue into free cash flow ($360.9M). This strong cash generation earns a score of 81/100.
Birkenstock Holding plc earns a strong 12.8% return on equity (ROE), meaning it generates $13 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 68/100. This is up from 7.3% the prior year.
Birkenstock Holding plc scores 2.45, placing it in the grey zone between 1.81 and 2.99. The largest contribution to the score comes from a market capitalization of $5.4B against total liabilities of $2.6B. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Birkenstock Holding plc passes 8 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Birkenstock Holding plc generates $1.10 in operating cash flow ($451.0M OCF vs $408.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Birkenstock Holding plc earns $6.91 in operating income for every $1 of interest expense ($644.9M vs $93.4M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Birkenstock Holding plc generated $471.7M in revenue in Q1 2026. This represents an increase of 26.0% from the same quarter a year earlier. Against the prior quarter it is down 23.6%.
Birkenstock Holding plc reported $59.3M in net income in Q1 2026. This represents an increase of 184.9% from the same quarter a year earlier. Against the prior quarter it is down 46.1%.
Birkenstock Holding plc earned $0.32 per diluted share (EPS) in Q1 2026. This represents an increase of 178.2% from the same quarter a year earlier. Against the prior quarter it is down 47.1%.
Not reported for Q1 2026.
Cash & Balance Sheet
Birkenstock Holding plc recorded an outflow of $76.8M in free cash flow in Q1 2026, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 149.9%.
Birkenstock Holding plc held $269.0M in cash against $1.3B in long-term debt as of Q1 2026.
Not reported for Q1 2026.
Margins & Returns
Birkenstock Holding plc's gross margin was 55.7% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is down 4.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.4 percentage points.
Birkenstock Holding plc's operating margin was 19.5% in Q1 2026, reflecting core business profitability. This is up 1.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.8 percentage points.
Birkenstock Holding plc's net profit margin was 12.6% in Q1 2026, showing the share of revenue converted to profit. This is up 7.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 5.2 percentage points.
Birkenstock Holding plc's quarterly ROE was 1.8% in Q1 2026: one quarter's net income over shareholder equity, not annualized. This is up 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.6 percentage points.
Capital Allocation
Birkenstock Holding plc invested $43.6M in capex in Q1 2026, funding long-term assets and infrastructure. This represents an increase of 187.4% from the same quarter a year earlier. Against the prior quarter it is up 64.1%.
Not reported for Q1 2026.
Not reported for Q1 2026.
BIRK Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'266-K | Q4'2520-F | Q3'256-K | Q2'256-K | Q1'256-K | Q4'2420-F | Q3'246-K | Q2'246-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $471.7M+26.0% | $617.7M+21.6% | $747.4M+23.6% | $620.0M+19.4% | $374.4M+11.7% | $507.9M+28.1% | $604.9M+17.1% | $519.3M+20.7% |
| Cost of Revenue | $208.8M+40.4% | $258.5M+24.0% | $295.4M+20.5% | $262.1M+15.6% | $148.7M+13.9% | $208.5M+52.0% | $245.1M+23.9% | $226.7M+30.1% |
| Gross Profit | $262.8M+16.5% | $359.1M+19.9% | $452.1M+25.6% | $358.0M+22.3% | $225.7M+10.4% | $299.5M+15.5% | $359.8M+12.8% | $292.6M+14.3% |
| Operating Income | $91.9M+38.7% | $131.7M+21.1% | $233.0M+39.9% | $189.3M+32.4% | $66.3M+68.4% | $108.7M+309.0% | $166.5M+29.2% | $143.0M+27.3% |
| EBITDA | N/A | N/A | N/A | N/A | N/A | N/A | $193.1M+27.0% | N/A |
| Interest Expense | $10.7M-58.1% | $12.8M-40.6% | $21.5M-54.9% | $27.7M-6.4% | $25.6M-35.7% | $21.5M-20.9% | $47.7M+63.8% | $29.6M-8.1% |
| Income Tax | $21.9M+10.4% | $8.8M-69.5% | $59.4M+52.9% | $48.1M+33.3% | $19.8M+168.3% | $28.7M-2.1% | $38.8M+26.0% | $36.1M+36.3% |
| Net Income | $59.3M+184.9% | $110.2M+88.4% | $152.1M+90.3% | $113.5M+46.8% | $20.8Mn/m | $58.5Mn/m | $79.9M+16.0% | $77.3M+44.0% |
| EPS (Basic) | $0.32+178.2% | $0.60+91.8% | $0.81+89.6% | $0.60+47.4% | $0.11n/m | $0.31n/m | $0.43+12.1% | $0.41+39.7% |
| EPS (Diluted) | $0.32+178.2% | $0.60+91.8% | $0.81+89.6% | $0.60+47.4% | $0.11n/m | $0.31n/m | $0.43+12.1% | $0.41+39.7% |
| Diluted Shares (Avg) | 184M-2.1% | N/A | 186M-0.7% | 188M0.0% | 188M+0.5% | N/A | 188M+2.8% | 188M+2.8% |
Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses.
BIRK Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'266-K | Q4'2520-F | Q3'256-K | Q2'256-K | Q1'256-K | Q4'2420-F | Q3'246-K | Q2'246-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.8B+12.1% | $5.8B+6.5% | $5.8B+6.9% | $5.4B+3.7% | $5.2B+0.4% | $5.4B+6.6% | $5.4B | $5.2B |
| Current Assets | $1.5B+21.5% | $1.5B+15.4% | $1.5B+9.1% | $1.3B+16.2% | $1.2B+15.5% | $1.3B+13.4% | $1.4B | $1.2B |
| Cash & Equivalents | $269.0M-13.0% | $386.2M-2.6% | $308.2M-28.8% | $254.1M+34.0% | $309.1M+65.0% | $396.6M+8.8% | $433.1M+36.9% | $189.6M+1.6% |
| Inventory | $976.3M+31.1% | $826.6M+18.7% | $791.5M+19.4% | $755.5M+7.6% | $744.8M+4.5% | $696.3M+10.6% | $663.1M | $702.5M |
| Accounts Receivable | $138.4M+67.6% | $188.0M+47.6% | $284.9M+32.0% | $268.5M+24.3% | $82.6M-6.1% | $127.4M+31.2% | $215.8M | $216.0M |
| Goodwill | $1.8B+6.6% | $1.8B+2.4% | $1.8B+5.3% | $1.7B0.0% | $1.7B-4.0% | $1.7B+2.7% | $1.7B | $1.7B |
| Total Liabilities | $2.6B+9.4% | $2.6B+3.4% | $2.7B+4.1% | $2.4B-2.6% | $2.3B-4.1% | $2.5B-1.9% | $2.6B | $2.5B |
| Current Liabilities | $466.7M+10.2% | $532.4M+6.7% | $532.6M+14.3% | $441.0M+9.1% | $423.5M+20.1% | $499.2M+24.6% | $466.1M | $404.4M |
| Non-Current Liabilities | $2.1B+9.2% | $2.1B+2.6% | $2.1B+1.9% | $2.0B-4.9% | $1.9B-8.2% | $2.0B-6.8% | $2.1B | $2.1B |
| Long-Term Debt | $1.3B+8.5% | $1.3B+1.5% | $1.4B-3.3% | $1.3B-9.8% | $1.2B-14.6% | $1.3B-32.1% | $1.4B | $1.4B |
| Total Equity | $3.3B+14.3% | $3.2B+9.2% | $3.1B+10.0% | $3.0B+9.9% | $2.8B+5.0% | $2.9B+15.1% | $2.8B+8.7% | $2.7B+9.6% |
| Retained Earnings | $958.2M+111.5% | $898.8M+93.1% | $791.0M+102.3% | $586.0M+87.0% | $453.1M+87.2% | $465.4M+94.6% | $391.1M | $313.4M |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
BIRK Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'266-K | Q4'2520-F | Q3'256-K | Q2'256-K | Q1'256-K | Q4'2420-F | Q3'246-K | Q2'246-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$33.2Mn/m | $180.2M+13.4% | $306.8M+1.7% | -$19.7M-136.6% | -$12.1Mn/m | $158.9M+27.5% | $301.6M+16.6% | $53.9M-13.4% |
| Depreciation & Amortization | N/A | N/A | N/A | N/A | N/A | N/A | $26.6M+14.6% | N/A |
| Capital Expenditures | $43.6M+187.4% | $26.6M+49.8% | $24.2M+54.7% | $20.4M+12.4% | $15.2M-24.3% | $17.7M-30.2% | $15.6M-48.6% | $18.2M-32.1% |
| Free Cash Flow | -$76.8Mn/m | $153.7M+8.8% | $282.6M-1.2% | -$40.1M-212.3% | -$27.2Mn/m | $141.2M+42.3% | $286.0M+25.3% | $35.8M+0.7% |
| Investing Cash Flow | -$45.3Mn/m | -$25.7Mn/m | -$24.8Mn/m | -$22.7Mn/m | -$15.5Mn/m | -$17.1Mn/m | -$18.4Mn/m | -$19.0Mn/m |
| Financing Cash Flow | -$38.5Mn/m | -$75.2Mn/m | -$247.3Mn/m | -$24.8Mn/m | -$34.1Mn/m | -$192.9Mn/m | -$38.4Mn/m | -$28.4Mn/m |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
BIRK Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'266-K | Q4'2520-F | Q3'256-K | Q2'256-K | Q1'256-K | Q4'2420-F | Q3'246-K | Q2'246-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 55.7%-4.6pp | 58.1%-0.8pp | 60.5%+1.0pp | 57.7%+1.4pp | 60.3%-0.7pp | 59.0%-6.4pp | 59.5%-2.2pp | 56.4%-3.1pp |
| Operating Margin | 19.5%+1.8pp | 21.3%-0.1pp | 31.2%+3.7pp | 30.5%+3.0pp | 17.7%+6.0pp | 21.4%+14.7pp | 27.5%+2.6pp | 27.5%+1.4pp |
| Net Margin | 12.6%+7.0pp | 17.8%+6.3pp | 20.3%+7.1pp | 18.3%+3.4pp | 5.6%+7.9pp | 11.5%+19.1pp | 13.2%-0.1pp | 14.9%+2.4pp |
| Return on Equity | 1.8%+1.1pp | 3.5%+1.5pp | 4.9%+2.1pp | 3.8%+0.9pp | 0.7%+1.0pp | 2.0%+3.2pp | 2.8%+0.2pp | 2.8%+0.7pp |
| Return on Assets | 1.0%+0.6pp | 1.9%+0.8pp | 2.6%+1.1pp | 2.1%+0.6pp | 0.4%+0.5pp | 1.1%+1.7pp | 1.5% | 1.5% |
| Current Ratio | 3.13+0.3x | 2.81+0.2x | 2.78-0.1x | 3.06+0.2x | 2.84-0.1x | 2.60-0.3x | 2.91 | 2.87 |
| Debt-to-Equity | 0.410.0x | 0.410.0x | 0.44-0.1x | 0.42-0.1x | 0.43-0.1x | 0.45-0.3x | 0.50 | 0.51 |
| Liabilities-to-Equity | 0.790.0x | 0.820.0x | 0.860.0x | 0.80-0.1x | 0.82-0.1x | 0.86-0.2x | 0.91 | 0.90 |
| Asset Turnover | 0.080.0x | 0.110.0x | 0.130.0x | 0.110.0x | 0.070.0x | 0.090.0x | 0.11 | 0.10 |
| FCF Margin | -16.3%-9.0pp | 24.9%-2.9pp | 37.8%-9.5pp | -6.5%-13.4pp | -7.3%+13.7pp | 27.8%+2.7pp | 47.3%+3.1pp | 6.9%-1.4pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Birkenstock Holding plc BIRK | FY2025 | $2.5B | $408.8M | 16.6% | $5.4B | 77/100 |
| Crocs, Inc. CROX | FY2025 | $4.0B | -$81.2M | -2.0% | $5.7B | 51/100 |
| Steven Madden Ltd SHOO | FY2025 | $2.5B | $44.7M | 1.8% | $3.1B | 59/100 |
| Wolverine World Wide, Inc. WWW | FY2025 | $1.9B | $95.8M | 5.1% | $1.7B | 36/100 |
Where Birkenstock Holding plc Ranks
Frequently Asked Questions
What is Birkenstock Holding plc's annual revenue?
Birkenstock Holding plc (BIRK) reported $2.5B in total revenue for fiscal year 2025. This represents a 22.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Birkenstock Holding plc's revenue growing?
Birkenstock Holding plc (BIRK) revenue grew by 22.4% year-over-year, from $2.0B to $2.5B in fiscal year 2025.
Is Birkenstock Holding plc profitable?
Yes, Birkenstock Holding plc (BIRK) reported a net income of $435.1M over the trailing 12 months to December 31, 2025. In fiscal year 2025 it reported a net income of $408.8M, with a net profit margin of 16.6%.
How much debt does Birkenstock Holding plc have?
As of fiscal year 2025, Birkenstock Holding plc (BIRK) had $386.2M in cash and equivalents against $1.3B in long-term debt.
What is Birkenstock Holding plc's gross margin?
Birkenstock Holding plc (BIRK) had a gross margin of 59.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Birkenstock Holding plc's operating margin?
Birkenstock Holding plc (BIRK) had an operating margin of 26.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Birkenstock Holding plc's net profit margin?
Birkenstock Holding plc (BIRK) had a net profit margin of 16.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Birkenstock Holding plc's return on equity (ROE)?
Birkenstock Holding plc (BIRK) has a return on equity of 12.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Birkenstock Holding plc's free cash flow?
Birkenstock Holding plc (BIRK) generated $360.9M in free cash flow during fiscal year 2025. This represents a -10.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Birkenstock Holding plc's operating cash flow?
Birkenstock Holding plc (BIRK) generated $451.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Birkenstock Holding plc's total assets?
Birkenstock Holding plc (BIRK) had $5.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Birkenstock Holding plc's capital expenditures?
Birkenstock Holding plc (BIRK) invested $90.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Birkenstock Holding plc's current ratio?
Birkenstock Holding plc (BIRK) had a current ratio of 2.81 as of fiscal year 2025, which is generally considered healthy.
What is Birkenstock Holding plc's debt-to-equity ratio?
Birkenstock Holding plc (BIRK) had a debt-to-equity ratio of 0.41 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Birkenstock Holding plc's liabilities-to-equity ratio?
Birkenstock Holding plc (BIRK) had a liabilities-to-equity ratio of 0.82 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Birkenstock Holding plc's return on assets (ROA)?
Birkenstock Holding plc (BIRK) had a return on assets of 7.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Birkenstock Holding plc's P/E ratio?
Birkenstock Holding plc (BIRK) trades at 12.4x earnings, its market capitalization divided by $435.1M net income, trailing 12 months to December 31, 2025. The market capitalization is $5.4B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Birkenstock Holding plc's price-to-sales ratio?
Birkenstock Holding plc (BIRK) trades at 2.2x sales, its market capitalization divided by $2.5B revenue, trailing 12 months to December 31, 2025. The market capitalization is $5.4B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Birkenstock Holding plc's Altman Z-Score?
Birkenstock Holding plc (BIRK) has an Altman Z-Score of 2.45, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Birkenstock Holding plc's Piotroski F-Score?
Birkenstock Holding plc (BIRK) has a Piotroski F-Score of 8 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Birkenstock Holding plc's earnings high quality?
Birkenstock Holding plc (BIRK) has an earnings quality ratio of 1.10x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Birkenstock Holding plc cover its interest payments?
Birkenstock Holding plc (BIRK) has an interest coverage ratio of 6.91x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Birkenstock Holding plc?
Birkenstock Holding plc (BIRK) scores 77 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.