Birkenstock Holding plc (BIRK) Releases Q4 2025 Earnings: Strong Revenue & EPS Beat; Net Income Down, Cash Shrinks

Birkenstock Holding plc (BIRK) — Q4 2025 Highlights

Total revenues of $617.7 million, up 21.7% year‑over‑year and comfortably above the consensus revenue estimate of $533.1 million (beat by $84.6 million, ~15.9% above estimate).

Gross profit of $359.1 million, up 20.0% year‑over‑year, with cost of sales at $258.5 million (+24.1% YoY).

Operating profit of $131.7 million, up 21.2% year‑over‑year.

Net income attributable to common shareholders of $110.2 million, down 10.0% year‑over‑year despite top‑line growth.

Diluted earnings per share of $0.60, up 92.4% year‑over‑year and ahead of the EPS estimate of $0.37 (beat by $0.23, ~63.9% above estimate).

Cash from operating activities of $180.2 million, an increase of 13.5% year‑over‑year.

Purchases of property, plant and equipment (capex) totaled $26.6 million (cash outflow), up 49.9% year‑over‑year.

Cash and cash equivalents were $308.6 million, down 22.1% year‑over‑year.

Total liabilities stood at $2.7 billion, up 6.5% year‑over‑year.

Profitability metrics show healthy margins: gross margin roughly 58.2%, operating margin about 21.3%, and net margin near 17.8% for the quarter (calculated from reported figures).

Overall takeaway: Birkenstock (BIRK) delivered strong revenue and EPS beats for Q4 2025, with robust top‑line growth and margin expansion, while reported net income declined and cash on hand fell versus the prior year.

Birkenstock Holding plc Hedge Fund Activity

We have seen 141 institutional investors add shares of Birkenstock Holding plc stock to their portfolio, and 163 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PRICE T ROWE ASSOCIATES INC /MD/ added 2,782,873 shares (+1960.8%) to their portfolio in Q3 2025, for an estimated $125,925,003
BALYASNY ASSET MANAGEMENT L.P. removed 2,507,150 shares (-83.8%) from their portfolio in Q3 2025, for an estimated $113,448,537
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 2,259,427 shares (+27.0%) to their portfolio in Q3 2025, for an estimated $102,239,071
CITADEL ADVISORS LLC removed 1,901,429 shares (-55.0%) from their portfolio in Q3 2025, for an estimated $86,039,662
BAMCO INC /NY/ added 1,876,398 shares (+41.9%) to their portfolio in Q3 2025, for an estimated $84,907,009
GREENVALE CAPITAL LLP removed 1,350,000 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $61,087,500
NORGES BANK removed 1,063,264 shares (-45.7%) from their portfolio in Q2 2025, for an estimated $52,291,323

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Birkenstock Holding plc Analyst Ratings

Wall Street analysts have issued reports on $BIRK in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

BTIG issued a "Buy" rating on 12/15/2025
Guggenheim issued a "Buy" rating on 12/10/2025
Telsey Advisory Group issued a "Outperform" rating on 09/26/2025
UBS issued a "Buy" rating on 08/05/2025
Goldman Sachs issued a "Buy" rating on 07/24/2025

To track analyst ratings and price targets for Birkenstock Holding plc, check out Quiver Quantitative's $BIRK forecast page.

Birkenstock Holding plc Price Targets

Multiple analysts have issued price targets for $BIRK recently. We have seen 6 analysts offer price targets for $BIRK in the last 6 months, with a median target of $68.0.

Here are some recent targets:

Janine Stichter from BTIG set a target price of $72.0 on 12/15/2025
Dana Telsey from Telsey Advisory Group set a target price of $70.0 on 12/12/2025
Simeon Siegel from Guggenheim set a target price of $60.0 on 12/10/2025
Matthew Boss from JP Morgan set a target price of $66.0 on 09/19/2025
Jay Sole from UBS set a target price of $77.0 on 08/05/2025
Louise Singlehurst from Goldman Sachs set a target price of $60.0 on 07/24/2025