Fossil Group, Inc. income statement FOSL

In fiscal 2025, which ended Jan 3, 2026, Fossil Group, Inc. reported revenue of $1.0 billion, down 12.3% from the year before. It recorded a net loss of $77.8 million. The operating loss came to $19.1 million, an operating margin of -1.9%. Diluted earnings per share were -$1.45. Over the twelve months ended Apr 4, 2026, revenue was $995.9 million and the net loss was $60.7 million. Across the 10 fiscal years shown, revenue shrank from $3.0 billion in fiscal 2016 to $1.0 billion in fiscal 2025, about 11.6% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line
FY 2026
Apr 4, 2026
FY 2025
Jan 3, 2026
FY 2024
Dec 28, 2024
FY 2023
Dec 30, 2023
FY 2022
Dec 31, 2022
FY 2021
Jan 1, 2022
FY 2020
Jan 2, 2021
FY 2019
Dec 28, 2019
FY 2018
Dec 29, 2018
FY 2017
Dec 30, 2017
FY 2016
Dec 31, 2016
Revenue
996
-11.4%
1,004
-12.3%
1,145
-18.9%
1,412
-16.1%
1,682
-10.0%
1,870
+15.9%
1,613
-27.3%
2,218
-12.7%
2,541
-8.8%
2,788
-8.4%
3,042
-5.8%
Cost of revenue
441
-14.7%
441
-19.5%
548
-25.2%
733
-14.0%
852
-5.7%
904
+7.2%
843
-24.6%
1,118
-6.9%
1,201
-15.9%
1,429
-2.4%
1,464
-0.8%
Gross profit
555
-8.5%
563
-5.7%
597
-12.1%
680
-18.2%
831
-14.0%
966
+25.4%
770
-29.9%
1,099
-18.0%
1,340
-1.4%
1,359
-13.9%
1,578
-10.0%
Research and development
—
0
0
-100.0%
19
-33.3%
29
+7.0%
27
+5.0%
26
-20.1%
32
-15.2%
38
-10.7%
43
+10.9%
39
Selling, general and administrative
527
-15.1%
540
-15.4%
639
-17.8%
777
-5.6%
824
-2.2%
843
+0.9%
835
-22.2%
1,073
-12.4%
1,225
-7.8%
1,328
-6.7%
1,423
-0.4%
Restructuring and impairment
27
-59.1%
41
-32.1%
60
+38.1%
43
+607.1%
6
-72.0%
22
-40.0%
37
+23.2%
30
-36.4%
47
-3.2%
48
+73.4%
28
+13.8%
Operating income
-0
+99.7%
-19
+81.6%
-104
+27.3%
-143
-9609.7%
-1
-101.6%
93
+168.5%
-135
-376.8%
-28
-145.3%
63
+114.8%
-424
-433.7%
127
-56.3%
Interest expense
24
20
+6.5%
19
—
—
—
—
—
—
—
—
Other non-operating income (expense)
-6
-164.0%
-10
-314.3%
5
-43.8%
9
+711.9%
-1
+90.2%
-14
-200.3%
-5
-117.9%
27
+71110.5%
-0
-100.3%
14
-2.3%
14
-65.2%
Pretax income
-31
+70.1%
-50
+57.9%
-118
+24.4%
-156
-605.7%
-22
-141.7%
53
+130.8%
-172
-448.9%
-31
-255.3%
20
+104.4%
-454
-497.0%
114
-63.3%
Income tax
30
+1409.6%
28
+338.3%
-12
-2358.0%
1
-97.6%
21
-19.0%
26
+134.8%
-76
-507.1%
19
-11.5%
21
+6.6%
20
-31.0%
29
-64.9%
Net income
-61
+39.2%
-78
+26.8%
-106
+32.2%
-157
-259.9%
-44
-263.5%
27
+127.8%
-96
-91.8%
-50
-5231.8%
-1
+99.8%
-474
-653.2%
86
-62.8%
Net income to common
-62
+35.9%
-78
+23.7%
-103
+34.6%
-157
-255.7%
-44
-273.6%
25
+126.5%
-96
-83.5%
-52
-1405.6%
-3
+99.3%
-478
-706.3%
79
-64.3%
Basic EPS
-1.11
+38.4%
-1.45
+25.3%
-1.94
+35.3%
-3.00
-252.9%
-0.85
-273.5%
0.49
+126.1%
-1.88
-80.8%
-1.04
-1385.7%
-0.07
+99.3%
-9.87
-701.8%
1.64
-63.7%
Diluted EPS
-1.11
+38.4%
-1.45
+25.3%
-1.94
+35.3%
-3.00
-252.9%
-0.85
-277.1%
0.48
+125.5%
-1.88
-80.8%
-1.04
-1385.7%
-0.07
+99.3%
-9.87
-705.5%
1.63
-63.9%
Weighted average shares, basic
55
+4.2%
54
+2.1%
53
+1.3%
52
+0.9%
52
-0.2%
52
+1.7%
51
+1.8%
50
+2.1%
49
+1.5%
48
+0.7%
48
-1.4%
Weighted average shares, diluted
55
+4.2%
54
+2.1%
53
+1.3%
52
+0.9%
52
-1.8%
53
+3.2%
51
+1.8%
50
+2.1%
49
+1.5%
48
+0.3%
48
-1.2%
Other measures
Depreciation and amortization
12
13
-18.5%
16
-35.6%
24
+7.9%
23
-22.3%
29
-31.1%
42
-20.9%
53
-20.3%
67
-17.8%
82
-10.8%
91
+7.3%
EBITDA
12
-6
+92.9%
-88
+25.6%
-119
-660.5%
21
-82.6%
122
+230.8%
-93
-471.4%
25
-80.7%
130
+137.9%
-343
-256.7%
219
-41.9%
Interest coverage
-0.01x
-0.94x
-5.47x
—
—
—
—
—
—
—
—
Margins
Gross margin
55.72%
56.07%
52.15%
48.12%
49.37%
51.68%
47.75%
49.58%
52.73%
48.74%
51.87%
Operating margin
-0.03%
-1.90%
-9.08%
-10.13%
-0.09%
4.95%
-8.39%
-1.28%
2.47%
-15.22%
4.18%
Pretax margin
-3.06%
-4.95%
-10.31%
-11.05%
-1.32%
2.84%
-10.66%
-1.41%
0.79%
-16.27%
3.76%
Profit margin
-6.09%
-7.75%
-9.28%
-11.09%
-2.59%
1.42%
-5.95%
-2.26%
-0.04%
-16.98%
2.81%
EBITDA margin
1.16%
-0.62%
-7.70%
-8.40%
1.26%
6.51%
-5.77%
1.13%
5.11%
-12.29%
7.19%
Effective tax rate
—
—
—
—
—
49.81%
—
—
104.65%
—
25.11%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Watches, Clocks, Clockwork Operated Devices/Parts (SIC 3873)
Listed as
FOSL (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Richardson, TX
SEC filer status
Accelerated filer, Smaller reporting company
SEC CIK
883569
Former names
FOSSIL INC (until May 24, 2013); FOSSIL INCORPORATED (until Feb 14, 1994)

Source: SEC EDGAR filings. This is company-reported data, not investment advice.