Movado Group Inc income statement
In fiscal 2026, Movado Group Inc reported revenue of $671m, up 2.7% on the year before, operating income of $29.8m (a 4.4% margin) and net income of $26.6m, or $1.17 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Jan 2010 | 2011Jan 2011 | 2012Jan 2012 | 2013Jan 2013 | 2014Jan 2014 | 2015Jan 2015 | 2016Jan 2016 | 2017Jan 2017 | 2018Jan 2018 | 2019Jan 2019 | 2020Jan 2020 | 2021Jan 2021 | 2022Jan 2022 | 2023Jan 2023 | 2024Jan 2024 | 2025Jan 2025 | 2026Jan 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 350 | 382 | 468 | 269 | 339 | 587 | 595 | 553 | 568 | 680 | 701 | 506 | 732 | 744 | 664 | 653 | 671 | 690 |
| Cost of revenue | — | — | — | — | — | — | — | 258 | 270 | 310 | 326 | 236 | 313 | 315 | 300 | 300 | 308 | 303 |
| Gross profit | 166 | 183 | 256 | 278 | 305 | 310 | 317 | 295 | 298 | 369 | 375 | 270 | 419 | 429 | 364 | 353 | 364 | 387 |
| Selling, general and administrative | 187 | 195 | 223 | 229 | 238 | 238 | 247 | 241 | 255 | 307 | 332 | 257 | 302 | 314 | 316 | 333 | 334 | 340 |
| Operating income | −22 | −12 | 34 | 49 | 68 | 71 | 70 | 54 | 43 | 62 | 43 | −142 | 117 | 116 | 48 | 20 | 30 | 47 |
| Interest expense | 5 | 2 | 1 | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 0 | 0 | 1 | 0 |
| Income before tax | −26 | −14 | 33 | 49 | 69 | 71 | 69 | 51 | 42 | 62 | 58 | −142 | 117 | 117 | 54 | 27 | 34 | 52 |
| Income tax | 14 | 9 | 1 | −9 | 17 | 19 | 23 | 16 | 57 | 0 | 15 | −31 | 25 | 24 | 12 | 7 | 7 | 10 |
| Net income | −55 | −47 | 32 | 57 | 51 | 52 | 45 | 35 | −15 | 62 | 43 | −112 | 92 | 90 | 41 | 18 | 27 | 41 |
| Diluted EPS | −$2.23 | −$1.91 | $1.27 | $2.22 | $1.97 | $2.02 | $1.90 | $1.51 | −$0.66 | $2.61 | $1.83 | −$4.80 | $3.87 | $3.94 | $1.83 | $0.81 | $1.17 | $1.81 |
| Diluted shares (average) | 25m | 25m | 25m | 26m | 26m | 26m | 24m | 23m | 23m | 24m | 23m | 23m | 24m | 23m | 23m | 23m | 23m | 23m |
| EBITDA | −6 | 2 | 45 | 60 | 80 | 84 | 83 | 65 | 57 | 76 | 59 | −128 | 130 | 126 | 58 | 29 | 39 | 57 |
| Quarter | 2025 Q3Oct 2024 | 2025 Q4Jan 2025 | 2026 Q1Apr 2025 | 2026 Q2Jul 2025 | 2026 Q3Oct 2025 | 2026 Q4Jan 2026 | 2027 Q1Apr 2026 | 2027 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 181 | 181 | 132 | 162 | 186 | 192 | 142 | 170 |
| Cost of revenue | 84 | 83 | 60 | 74 | 85 | 88 | 61 | 69 |
| Gross profit | 97 | 98 | 71 | 88 | 101 | 104 | 82 | 101 |
| Selling, general and administrative | 91 | 89 | 71 | 84 | 89 | 90 | 75 | 86 |
| Operating income | 6 | 9 | 0 | 4 | 12 | 14 | 7 | 15 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | 7 | 11 | 2 | 5 | 13 | 14 | 9 | 16 |
| Income tax | 2 | 2 | 1 | 2 | 3 | 2 | 2 | 4 |
| Net income | 5 | 8 | 1 | 3 | 10 | 13 | 7 | 12 |
| Diluted EPS | $0.21 | $0.36 | $0.06 | $0.13 | $0.42 | $0.55 | $0.30 | $0.53 |
| EBITDA | 8 | 12 | 3 | 6 | 14 | 16 | 9 | 17 |
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