Birkenstock Holding (BIRK) Company Report

Analyst Coverage

Research analysts who have asked questions during Birkenstock Holding earnings calls.

Laurent Vasilescu

BNP Paribas S.A.

5 questions for BIRK

Also covers: AS, CLAR, COLM +9 more

Mark Altschwager

Robert W. Baird & Co.

5 questions for BIRK

Also covers: BBWI, BURL, ELF +11 more

Matthew Boss

JPMorgan Chase & Co.

5 questions for BIRK

Also covers: , AEO, ANF +38 more

Paul Lejuez

Citigroup

5 questions for BIRK

Also covers: , ACI, AEO +36 more

Adrien Duverger

Goldman Sachs

4 questions for BIRK

Also covers: ZGN

Dana Telsey

Telsey Advisory Group

4 questions for BIRK

Also covers: , AEO, AKA +44 more

Jay Sole

UBS

4 questions for BIRK

Also covers: , AEO, AS +27 more

Lorraine Hutchinson

Bank of America

4 questions for BIRK

Also covers: AS, BBWI, BURL +18 more

Michael Binetti

Evercore ISI

4 questions for BIRK

Also covers: , AS, FL +16 more

Anna Andreeva

Piper Sandler

3 questions for BIRK

Also covers: AS, CHWY, CROX +9 more

Erwan Rambourg

HSBC

3 questions for BIRK

Also covers: SMSEY

Janine Stichter

BTIG

3 questions for BIRK

Also covers: AEO, ANF, BOOT +13 more

Randal Konik

Jefferies LLC

3 questions for BIRK

Also covers: AKA, BOWL, EWCZ +11 more

Samuel Poser

Williams Trading, LLC

3 questions for BIRK

Also covers: BOOT, CROX, DECK +5 more

Simeon Siegel

BMO Capital Markets

3 questions for BIRK

Also covers: AEO, BBWI, COOK +16 more

Edouard Aubin

Morgan Stanley

2 questions for BIRK

Also covers: CFRUY, DUFRY, PPRUY

Jim Duffy

Stifel Financial Corp.

2 questions for BIRK

Also covers: CLAR, COLM, CROX +9 more

Peter McGoldrick

Stifel

2 questions for BIRK

Also covers: CLAR, COLM, FOXF +9 more

Sam Poser

Williams Trading LLC

2 questions for BIRK

Also covers: BOOT, CROX, DECK +4 more

Donna Telsey

Telsey Advisory Group

1 question for BIRK

Janine Hoffman Stichter

Stifel

1 question for BIRK

Also covers: , FL, JILL +6 more

Louise Singlehurst

Goldman Sachs

1 question for BIRK

Also covers: CFRUY, PPRUY, ZGN

Luca Solca

Sanford C. Bernstein & Co., LLC

1 question for BIRK

Also covers: CFRUY, PPRUY

Randy Konik

Jefferies

1 question for BIRK

Also covers: MANU, SIG, SN

Sharon Zackfia

William Blair & Company

1 question for BIRK

Also covers: BJRI, BROS, CAKE +16 more

Latest news

Recent press releases and 8-K filings for BIRK.

Birkenstock Reports Preliminary Q1 Revenue

BIRK

Earnings

Guidance Update

Demand Weakening

Birkenstock Holding plc announced preliminary fiscal first-quarter revenue of €402 million for the period ended December 31, reflecting 11.1% reported growth and 17.8–18% constant currency growth.
This preliminary revenue figure missed street expectations of €403.3 million by approximately €1.3 million.
Shares traded lower in premarket, following a 28% decline in 2025, as investors remain cautious due to prior guidance for a slower growth pace in fiscal 2026.
The company will publish full first-quarter results on February 12.

4 days ago

Bloomberg

Birkenstock Announces Preliminary Q1 2026 Revenue

BIRK

Earnings

Guidance Update

Birkenstock Holding plc announced preliminary fiscal first quarter (ended December 31, 2025) revenue of €402 million.
This represents year-over-year growth of 11.1% on a reported basis and 17.8% in constant currency.
The company plans to report its full fiscal first quarter financial results on Thursday, February 12, 2026, before the US market open, and will host a conference call and live webcast on the same day.

4 days ago

6-K

Birkenstock (BIRK) Reports Strong FY 2025 Results and Provides FY 2026 Guidance

BIRK

Earnings

Guidance Update

Share Buyback

Birkenstock (BIRK) reported strong fiscal year 2025 results, with revenue reaching €2.1 billion, an 18% increase in constant currency, and adjusted EBITDA of €667 million, up 20% year-over-year, achieving an adjusted EBITDA margin of 31.8%.
For Q4 2025, revenue was €526 million, growing 20% in constant currency, and adjusted EPS was $0.51, a 76% increase from the prior year.
The company provided fiscal year 2026 guidance, targeting constant currency revenue growth of 13%-15%, leading to reported revenue of €2.3-€2.35 billion.
Fiscal year 2026 guidance includes an expected adjusted EBITDA of at least €700 million, with an adjusted EBITDA margin of 30%-30.5%, and adjusted EPS of €1.90-€2.05. These figures incorporate significant headwinds from FX and tariffs, which are expected to impact gross margin and EBITDA margin by 200 basis points combined.
Growth in 2026 is primarily limited by production capacity constraints, not consumer demand, with plans to open 40 new retail stores and execute $200 million in share repurchases.

Dec 18, 2025, 1:00 PM

Transcript

Birkenstock Reports Strong FY 2025 Results, Provides FY 2026 Guidance

BIRK

Earnings

Guidance Update

Share Buyback

Birkenstock reported fiscal year 2025 revenue of EUR 2.1 billion, an 18% increase in constant currency, surpassing its guidance, and achieved an adjusted EBITDA margin of 31.8%.
For fiscal year 2026, the company forecasts constant currency revenue growth of 13%-15%, translating to reported revenue of EUR 2.3-EUR 2.35 billion, with an expected adjusted EBITDA margin of 30%-30.5%.
The company's growth is primarily limited by production capacity, with unit growth targeted at approximately 10%, and it anticipates significant headwinds from FX and tariffs impacting margins in fiscal 2026.
Birkenstock plans to repurchase $200 million in shares during fiscal 2026 and continues to invest in expanding its production capacity and retail footprint, aiming to open about 40 new stores.

Dec 18, 2025, 1:00 PM

Transcript

BIRKENSTOCK Reports Strong FY25 Financial Results and Provides FY26 Guidance

BIRK

Earnings

Guidance Update

Revenue Acceleration/Inflection

For fiscal year 2025, BIRKENSTOCK reported revenue of €2,097 million, an increase of 16% (or 18% at constant currency) compared to FY24.
Adjusted EBITDA for FY25 reached €667 million, up 20% from FY24, with the margin improving by 100 basis points to 31.8%.
Adjusted Earnings Per Share (EPS) for FY25 increased by 45% to €1.85.
For fiscal year 2026, the company projects revenue growth of 13-15% at constant currencies, with reported revenue expected to be between €2,300 million and €2,350 million.
FY26 guidance also includes an adjusted EBITDA margin of 30.0-30.5% and adjusted EPS between €1.90 and €2.05.

Dec 18, 2025, 1:00 PM

Presentation

Birkenstock Holding plc Reports Fiscal 2025 Results and Sets Fiscal 2026 Targets

BIRK

Earnings

Guidance Update

Share Buyback

Birkenstock Holding plc reported fiscal 2025 revenue of EUR 2.1 billion, an increase of 16% on a reported basis and 18% in constant currency, exceeding its guidance. Net profit for the fiscal year was EUR 348 million, up 82%, with EPS of EUR 1.87, up 83%. Adjusted EBITDA increased 20% year-over-year to EUR 667 million, achieving an Adjusted EBITDA margin of 31.8%.
For fiscal year 2026, the company forecasts reported revenue in the range of EUR 2.30-2.35 billion, representing 10-12% growth, and constant currency revenue growth of 13-15%. Adjusted EBITDA is projected to be at least EUR 700 million, implying an Adjusted EBITDA margin of 30.0-30.5%. Adjusted EPS is anticipated to be in the range of EUR 1.90-2.05.
The company repurchased and cancelled 3.9 million shares for EUR 176 million on May 30, 2025. Birkenstock intends to repurchase shares for a total consideration of USD 200 million during fiscal 2026.
Net leverage declined to 1.5x as of September 30, 2025, down from 1.8x a year ago, with a targeted net leverage ratio of 1.3-1.4x by September 30, 2026.

Dec 18, 2025, 11:01 AM

6-K

Birkenstock Announces Acquisition of Birkenstock Australia

BIRK

M&A

New Projects/Investments

Birkenstock Holding plc has signed a definitive agreement to acquire its long-standing distributor, Birkenstock Australia Pty. Ltd..
The acquisition aims to unlock growth potential in one of Birkenstock's largest markets in the APAC region and ensure a seamless succession for the founders.
Birkenstock Australia reported an annual revenue of AUD 88.6 million for the LTM period ended June 30, 2025, and has approximately 60 employees.
The transaction is expected to close by the end of October 2025.

Oct 15, 2025, 9:25 PM

6-K

Birkenstock Holding plc Updates Fiscal 2025 Revenue Guidance and Announces Production Facility Acquisition

BIRK

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Birkenstock Holding plc anticipates fiscal 2025 revenues of at least €2.09 billion, exceeding its previous guidance, representing reported growth of 15.9% and constant currency growth of 17.5%.
The company has reaffirmed its Adjusted EBITDA guidance for the full fiscal year 2025, expecting it to be in the range of 31.3%-31.8%.
BIRKENSTOCK announced the acquisition of a production facility near Dresden, Germany, for a net purchase price of €18 million, which is projected to be operational by the end of fiscal 2027 and will expand manufacturing capacity.

Sep 25, 2025, 10:02 AM

6-K

Birkenstock Raises Fiscal 2025 Sales Outlook and Acquires Production Facility

BIRK

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Birkenstock has raised its fiscal 2025 revenue outlook to at least €2.09 billion ($2.45 billion), reflecting 17.5% growth at constant currency rates, surpassing its previous forecast range of 15%-17%.
The company anticipates fourth-quarter revenues of at least €520 million and projects adjusted EBITDA growth for fiscal 2025 to be between 31.3% and 31.8%.
Birkenstock acquired a production facility near Dresden, Germany, for €18 million to enhance manufacturing capacity, with operations expected to begin by the end of fiscal 2027.