Birkenstock's third quarter 2026 revenue grew 15% in constant currency, beating expansion estimates.

Birkenstock reported third quarter 2026 revenue of €719.5 million, representing a 13% increase on a reported basis and 15% in constant currency. While revenue growth remained robust across all regions, net profit declined 15% to €109.6 million, impacted by non-recurring costs associated with debt refinancing and an accelerated share repurchase program.

Key Highlights

• Revenue grew 13% to €719.5 million, with the APAC region leading growth at 18% (23% in constant currency).
• Adjusted EBITDA rose 11% to €242.5 million, though Adjusted EBITDA margin contracted 70 bps to 33.7% due to U.S. tariffs and currency headwinds.
• Completed a €230 million accelerated share repurchase during the quarter, reducing the total outstanding share count by approximately 6 million shares.