Flagship explainer

How STEVEN MADDEN, LTD. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$2.5B · 100%Cost of revenue$1.5B · 59%Gross profit$1.0B · 42%Operating income$80.8M · 3%Income before tax$77.7M · 3%Income tax$28.7M · 1%Net income$49M · 2%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$2.5B100%
Cost of revenue$1.5B59%
$1.0B42%
$80.8M3%
Income before tax$77.7M3%
Income tax$28.7M1%
$49M2%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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