Steven Madden, Ltd.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $27.7M | $71.8M | $27.5M | $20.5M | $-39.5M | $40.4M | $39.1M | $55.3M |
| Depreciation & Amortization | $9.2M | $9.4M | $8.3M | $11.2M | $8.7M | $5.3M | $5.3M | $5.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $1.3M | $1.7M | — | $1.8M | $1.5M | $1.0M | — | $1.1M |
| Stock-Based Compensation | $8.5M | $7.3M | $7.5M | $7.5M | $7.5M | $7.2M | $7.0M | $7.0M |
| Net Cash from Operating Activities | $204.6M | $-55.3M | $91.1M | $23.4M | $66.5M | $-18.8M | $103.9M | $444.0K |
| Investing Activities | ||||||||
| Capital Expenditures | $8.5M | $5.9M | $10.3M | $14.8M | $7.7M | $9.8M | $9.3M | $7.4M |
| Business Acquisitions | — | — | $0 | $0 | $371.6M | $0 | $9.7M | $0 |
| Net Cash from Investing Activities | $-9.8M | $-5.9M | $-8.1M | $-15.0M | $-376.9M | $-1.0M | $-22.8M | $-6.5M |
| Financing Activities | ||||||||
| Dividends Paid | $15.4M | $15.3M | $15.3M | $15.3M | $15.2M | $15.2M | $15.2M | $15.2M |
| Stock Repurchases | $985.0K | $7.4M | $5.2M | $169.0K | $428.0K | $7.8M | $2.6M | $20.2M |
| Net Cash from Financing Activities | $-177.9M | $26.4M | $-80.4M | $-11.9M | $275.4M | $-25.9M | $-27.3M | $-35.1M |
| Net Change in Cash | $17.6M | $-35.3M | $3.7M | $-3.0M | $-33.0M | $-45.2M | $50.5M | $-41.0M |
| Free Cash Flow | $196.1M | $-61.2M | $80.8M | $8.6M | $58.8M | $-28.7M | $94.6M | $-6.9M |