Movado Group, Inc. (MOV) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 142.4M | 191.58M | 187.03M | 162.53M | 131.87M | 181.23M | 180.92M | 156.8M | 134.28M | 179.62M | 187.69M | 160.39M | 144.91M | 194.27M | 211.4M | 182.8M | 163.42M | 205.97M | 217.75M | 173.87M |
| Revenue Growth % | 7.99% | 5.71% | 3.38% | 3.65% | -1.79% | 0.9% | -3.6% | -2.24% | -7.33% | -7.54% | -11.22% | -12.26% | -11.33% | -5.68% | -2.92% | 5.14% | 21.24% | 15.5% | 28.19% | 96.38% |
| Cost of Goods Sold | 60.81M | 87.95M | 85.08M | 74.26M | 60.42M | 83.14M | 83.89M | 71.75M | 61.46M | 82.84M | 85.36M | 71.1M | 62.9M | 85.02M | 90.37M | 75.88M | 66.74M | 85.14M | 92.17M | 75.42M |
| COGS % of Revenue | 42.7% | 45.91% | 45.49% | 45.69% | 45.82% | 45.87% | 46.37% | 45.76% | 45.77% | 46.12% | 45.48% | 44.33% | 43.41% | 43.76% | 42.75% | 41.51% | 40.84% | 41.33% | 42.33% | 43.38% |
| Gross Profit | 81.59M | 103.63M | 101.96M | 88.27M | 71.45M | 98.09M | 97.03M | 85.05M | 72.82M | 96.78M | 102.33M | 89.29M | 82M | 109.26M | 121.03M | 106.93M | 96.69M | 120.84M | 125.57M | 98.45M |
| Gross Margin % | 57.3% | 54.09% | 54.51% | 54.31% | 54.18% | 54.13% | 53.63% | 54.24% | 54.23% | 53.88% | 54.52% | 55.67% | 56.59% | 56.24% | 57.25% | 58.49% | 59.16% | 58.67% | 57.67% | 56.62% |
| Gross Profit Growth % | 14.2% | 5.65% | 5.08% | 3.78% | -1.88% | 1.36% | -5.18% | -4.74% | -11.2% | -11.42% | -15.45% | -16.5% | -15.19% | -9.58% | -3.62% | 8.61% | 30.3% | 19.88% | 35.82% | 117.07% |
| Operating Expenses | 74.58M | 89.83M | 89.33M | 82.66M | 70.46M | 90.52M | 90.6M | 82.61M | 70.8M | 83.31M | 81.64M | 79.64M | 71.1M | 83.12M | 82.76M | 76.27M | 71.39M | 82.64M | 84.17M | 73.82M |
| OpEx % of Revenue | 52.37% | 46.89% | 47.76% | 50.86% | 53.43% | 49.95% | 50.07% | 52.68% | 52.73% | 46.38% | 43.5% | 49.65% | 49.07% | 42.79% | 39.15% | 41.72% | 43.68% | 40.12% | 38.66% | 42.46% |
| Selling, General & Admin | 74.58M | 89.83M | 89.33M | 82.66M | 70.46M | 90.52M | 90.6M | 82.61M | 70.8M | 83.31M | 81.64M | 79.64M | 71.1M | 83.12M | 82.76M | 76.27M | 71.39M | 82.64M | 84.17M | 73.82M |
| SG&A % of Revenue | 52.37% | 46.89% | 47.76% | 50.86% | 53.43% | 49.95% | 50.07% | 52.68% | 52.73% | 46.38% | 43.5% | 49.65% | 49.07% | 42.79% | 39.15% | 41.72% | 43.68% | 40.12% | 38.66% | 42.46% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 422K | 199K | 83K | 87K | 86K | 257K |
| Operating Income | 7.01M | 13.81M | 12.63M | 5.61M | 991K | 7.58M | 6.43M | 2.44M | 2.02M | 13.47M | 20.69M | 9.65M | 10.9M | 26.13M | 38.27M | 30.66M | 25.29M | 38.2M | 41.4M | 24.63M |
| Operating Margin % | 4.93% | 7.21% | 6.75% | 3.45% | 0.75% | 4.18% | 3.56% | 1.56% | 1.5% | 7.5% | 11.02% | 6.02% | 7.52% | 13.45% | 18.1% | 16.77% | 15.48% | 18.55% | 19.01% | 14.17% |
| Operating Income Growth % | 607.87% | 82.23% | 96.25% | 129.61% | -50.89% | -43.74% | -68.91% | -74.69% | -81.48% | -48.47% | -45.93% | -68.53% | -56.91% | -31.59% | -7.56% | 24.45% | 90.81% | 47.57% | 79.49% | 376.28% |
| EBITDA | 9.33M | 16.18M | 15.01M | 7.98M | 3.27M | 9.93M | 8.81M | 4.74M | 4.31M | 15.83M | 22.93M | 12.13M | 13.46M | 28.72M | 40.85M | 33.36M | 28.23M | 41.26M | 44.52M | 27.74M |
| EBITDA Margin % | 6.55% | 8.45% | 8.02% | 4.91% | 2.48% | 5.48% | 4.87% | 3.02% | 3.21% | 8.81% | 12.22% | 7.56% | 9.29% | 14.78% | 19.33% | 18.25% | 17.27% | 20.03% | 20.45% | 15.96% |
| EBITDA Growth % | 185.14% | 63% | 70.32% | 68.58% | -24.04% | -37.29% | -61.58% | -60.96% | -68% | -44.88% | -43.87% | -63.64% | -52.33% | -30.39% | -8.24% | 20.25% | 71.81% | 40.1% | 68.56% | 595.32% |
| D&A (Non-Cash Add-back) | 2.31M | 2.38M | 2.38M | 2.38M | 2.28M | 2.35M | 2.38M | 2.29M | 2.29M | 2.37M | 2.24M | 2.48M | 2.56M | 2.59M | 2.58M | 2.7M | 2.93M | 3.06M | 3.12M | 3.11M |
| EBIT | 7.01M | 13.81M | 12.63M | 5.61M | 991K | 7.58M | 6.43M | 2.44M | 2.02M | 15.27M | 22.32M | 11.19M | 11.92M | 27.5M | 38.69M | 30.86M | 25.38M | 38.29M | 41.49M | 24.89M |
| Net Interest Income | -102K | -150K | 0 | 0 | 0 | -117K | 0 | 0 | 0 | -136K | -135K | -113K | -113K | -162K | -143K | -101K | -112K | -106K | -133K | -174K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 102K | 150K | 0 | 0 | 0 | 117K | 0 | 0 | 0 | 136K | 135K | 113K | 113K | 162K | 143K | 101K | 112K | 106K | 133K | 174K |
| Other Income/Expense | 1.86M | 574K | 311K | -508K | 949K | 3.08M | 978K | 1.97M | 2.15M | 1.66M | 1.5M | 1.42M | 912K | 1.2M | 279K | 98K | -29K | -19K | -47K | 83K |
| Pretax Income | 8.87M | 14.38M | 12.94M | 5.1M | 1.94M | 10.66M | 7.41M | 4.41M | 4.17M | 15.13M | 22.19M | 11.07M | 11.81M | 27.34M | 38.55M | 30.75M | 25.27M | 38.18M | 41.36M | 24.72M |
| Pretax Margin % | 6.23% | 7.51% | 6.92% | 3.14% | 1.47% | 5.88% | 4.1% | 2.81% | 3.11% | 8.42% | 11.82% | 6.9% | 8.15% | 14.07% | 18.24% | 16.82% | 15.46% | 18.54% | 18.99% | 14.21% |
| Income Tax | 1.95M | 1.59M | 3.27M | 1.96M | 660K | 2.2M | 2.37M | 843K | 2.03M | 2.72M | 4.52M | 2.88M | 2.53M | 4.01M | 8.44M | 6.42M | 6.01M | 6.57M | 9.56M | 5.32M |
| Effective Tax Rate % | 21.95% | 11.06% | 25.32% | 38.46% | 34.02% | 20.65% | 31.91% | 19.12% | 48.73% | 18% | 20.37% | 26.06% | 21.45% | 14.68% | 21.89% | 20.87% | 23.79% | 17.2% | 23.12% | 21.5% |
| Net Income | 6.93M | 12.56M | 9.58M | 2.99M | 1.42M | 8.05M | 4.83M | 3.47M | 2.02M | 12.14M | 17.39M | 8.05M | 9.13M | 22.73M | 29.29M | 24M | 18.51M | 31.38M | 31.41M | 19.41M |
| Net Margin % | 4.87% | 6.56% | 5.12% | 1.84% | 1.08% | 4.44% | 2.67% | 2.21% | 1.5% | 6.76% | 9.26% | 5.02% | 6.3% | 11.7% | 13.85% | 13.13% | 11.33% | 15.23% | 14.42% | 11.16% |
| Net Income Growth % | 388.03% | 56% | 98.53% | -13.92% | -29.53% | -33.69% | -72.24% | -56.9% | -77.93% | -46.56% | -40.62% | -66.47% | -50.69% | -27.57% | -6.75% | 23.66% | 96.76% | 3.67% | 111.84% | 393.42% |
| Net Income (Continuing) | 6.93M | 12.79M | 9.66M | 3.14M | 1.28M | 8.46M | 5.05M | 3.57M | 2.14M | 12.41M | 17.67M | 8.19M | 9.28M | 23.32M | 30.11M | 24.34M | 19.25M | 31.61M | 31.8M | 19.4M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1.45M | 1.42M | 2.44M | 2.32M | 2.17M | 2.25M | 2.84M | 2.46M | 2.31M | 2.16M | 2.48M | 3.11M | 2.94M | 2.94M | 5.53M | 5.02M | 4.82M | 4.28M | 5.21M | 4.83M |
| EPS (Diluted) | 0.30 | 0.55 | 0.42 | 0.13 | 0.06 | 0.36 | 0.22 | 0.16 | 0.13 | 0.53 | 0.77 | 0.36 | 0.40 | 1.00 | 1.28 | 1.05 | 0.79 | 1.34 | 1.33 | 0.82 |
| EPS Growth % | 400% | 52.78% | 90.91% | -18.75% | -53.85% | -32.08% | -71.43% | -55.56% | -67.5% | -47% | -39.84% | -65.71% | -49.37% | -25.37% | -3.76% | 28.05% | 97.5% | 3.88% | 111.11% | 392.86% |
| EPS (Basic) | 0.30 | 0.55 | 0.43 | 0.13 | 0.06 | 0.36 | 0.23 | 0.17 | 0.13 | 0.55 | 0.78 | 0.36 | 0.41 | 1.03 | 1.31 | 1.06 | 0.82 | 1.38 | 1.36 | 0.84 |
| Diluted Shares Outstanding | 22.83M | 22.91M | 22.5M | 22.57M | 22.5M | 22.53M | 22.56M | 22.66M | 22.67M | 22.71M | 22.68M | 22.62M | 22.67M | 22.71M | 22.79M | 22.97M | 23.4M | 23.63M | 23.6M | 23.74M |
| Basic Shares Outstanding | 22.83M | 22.91M | 22.5M | 22.29M | 22.27M | 22.15M | 22.28M | 22.3M | 22.25M | 22.16M | 22.21M | 22.23M | 22.23M | 22.14M | 22.38M | 22.56M | 22.62M | 22.89M | 23.09M | 23.07M |
| Dividend Payout Ratio | 111.73% | 61.66% | 80.86% | 521% | - | 96.24% | 161.01% | 224.1% | 385.76% | 63.79% | 44.56% | 96.27% | 327.57% | 34.16% | 26.64% | 32.73% | 42.89% | 18.32% | 14.67% | 23.99% |