Movado Group (MOV) Financial Statements & Analysis

Movado Group (MOV) Income Statement

Movado Group reported revenue of $671.31M in fiscal 2026 (fiscal year ended Jan 31, 2026), up 2.7% from $653.38M a year earlier. Net income was $26.55M, up 44.6% year over year, a net margin of 4.0%. Gross margin was 54.2% and operating margin 4.4%. In the most recent quarter, Q2 fiscal 2027 (ended Jul 31, 2026), revenue was $169.75M, up 4.9% from the same quarter a year earlier.

Movado Group Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Movado Group, Inc. income statement - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Jan 2026	Jan 2025	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017
Revenue & Gross Profit
Revenue	671.31	653.38	672.60	744.21	732.39	506.40	700.97	679.57	567.95	552.75
Cost of Revenue	307.71	300.24	302.21	315.08	313.33	235.90	326.08	310.21	269.88	257.94
Gross Profit	363.60	353.14	370.39	429.13	419.07	270.50	374.89	369.36	298.08	294.82
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	332.00	327.99	315.69	313.08	301.57	256.71	331.90	293.66	242.59	239.04
Operating Expenses	333.77	333.13	315.69	313.54	301.57	256.71	331.90	307.16	254.88	240.84
Operating Income	29.83	20.02	54.71	115.59	117.49	14.18	42.99	62.20	43.20	53.98
Other Income/Expense
Interest Income	0.00	6.59	0.00	1.65	0.00	0.05	0.09	0.31	0.45	0.22
Interest Expense	0.51	-0.49	0.50	-0.52	0.69	1.96	0.93	0.77	1.51	1.46
Other Income/Expense	4.53	6.64	5.50	1.55	-0.16	-0.26	14.51	-0.46	-1.06	-2.53
Income
Income Before Tax	34.36	26.65	60.20	117.14	117.33	-142.38	57.50	61.73	42.14	51.45
Income Tax Expense	7.49	7.44	12.66	24.26	24.77	-31.19	15.12	0.16	57.37	16.32
Net Income	26.55	18.36	46.71	90.38	91.60	-111.19	42.70	61.62	-15.23	35.06
Net Income - Continuous Operations	26.55	19.21	46.71	92.88	91.60	-111.19	42.70	61.62	-15.23	35.06
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-
EBITDA	39.42	32.47	70.34	125.31	130.48	-126.31	74.81	76.67	57.11	64.43
EBIT	31.61	25.15	48.56	116.00	117.81	26.76	-	-	-	-
Depreciation & Amortization	9.42	7.31	9.64	9.31	12.46	14.11	16.38	14.17	13.46	11.51
Earnings Per Share
Basic EPS	1.00	1.00	2.00	4.00	4.00	-5.00	2.00	3.00	-1.00	2.00
Diluted EPS	1.00	1.00	2.00	4.00	4.00	-5.00	2.00	3.00	-1.00	2.00
Basic Shares Outstanding	22.24	22.27	22.22	22.50	23.19	23.24	23.12	23.02	23.07	23.22
Diluted Shares Outstanding	22.61	22.60	22.64	22.96	23.68	23.24	23.30	23.60	23.07	23.27

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Frequently Asked Questions About Movado Group Financial Statements

What was Movado Group's revenue in fiscal 2026?

Movado Group reported revenue of $671.31M in fiscal 2026 (fiscal year ended Jan 31, 2026). That was up 2.7% from $653.38M a year earlier.

Is Movado Group profitable?

Yes. Movado Group earned net income of $26.55M in fiscal 2026, a net margin of 4.0%. In fiscal 2025 it earned $18.36M.

What is Movado Group's operating margin?

Movado Group's operating income was $29.83M on revenue of $671.31M in fiscal 2026, an operating margin of 4.4%, compared with 3.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition