This page shows Deckers Outdoor Corp (DECK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Margin expansion and lean working capital let Deckers turn rapid sales growth into abundant cash without balance-sheet strain.
Over the last two years, revenue climbed37.4% while inventory and receivables together actually slipped about0.8% , which means growth did not require much extra cash to sit in stock or customer credit. Paired with capex of just$86.2M in FY2025 against operating cash flow of$1.04B , the business is scaling with working-capital discipline and low reinvestment needs, not with heavier balance-sheet commitments.
Cash of
Gross margin moved from
Financial Health Signals
Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Deckers Outdoor Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Deckers Outdoor Corp has an operating margin of 23.1%, meaning the company retains $23 of operating profit per $100 of revenue. This strong profitability earns a score of 73/100, reflecting efficient cost management and pricing power. This is down from 23.6% the prior year.
Deckers Outdoor Corp's revenue grew 9.8% year-over-year to $5.5B, a solid pace of expansion. This earns a growth score of 55/100.
Deckers Outdoor Corp carries a low D/E ratio of 0.48, meaning only $0.48 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 92/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.54, Deckers Outdoor Corp holds $3.54 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 69/100.
Deckers Outdoor Corp converts 20.1% of revenue into free cash flow ($1.1B). This strong cash generation earns a score of 75/100.
Deckers Outdoor Corp earns a strong 41.0% return on equity (ROE), meaning it generates $41 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 98/100. This is up from 38.4% the prior year.
Deckers Outdoor Corp scores 11.49, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($14.6B) relative to total liabilities ($1.2B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Deckers Outdoor Corp passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Deckers Outdoor Corp generates $1.15 in operating cash flow ($1.2B OCF vs $1.0B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Deckers Outdoor Corp earns $499.2 in operating income for every $1 of interest expense ($1.3B vs $2.5M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Deckers Outdoor Corp generated $5.5B in revenue in fiscal year 2026. This represents an increase of 9.8% from the prior year.
Deckers Outdoor Corp's EBITDA was $1.3B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 7.2% from the prior year.
Deckers Outdoor Corp reported $1.0B in net income in fiscal year 2026. This represents an increase of 6.0% from the prior year.
Deckers Outdoor Corp earned $7.02 per diluted share (EPS) in fiscal year 2026. This represents an increase of 10.9% from the prior year.
Cash & Balance Sheet
Deckers Outdoor Corp generated $1.1B in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 14.5% from the prior year.
Deckers Outdoor Corp held $1.9B in cash against $0 in long-term debt as of fiscal year 2026.
Deckers Outdoor Corp had 139M shares outstanding in fiscal year 2026. This represents a decrease of 7.1% from the prior year.
Margins & Returns
Deckers Outdoor Corp's gross margin was 57.7% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 0.2 percentage points from the prior year.
Deckers Outdoor Corp's operating margin was 23.1% in fiscal year 2026, reflecting core business profitability. This is down 0.6 percentage points from the prior year.
Deckers Outdoor Corp's net profit margin was 18.7% in fiscal year 2026, showing the share of revenue converted to profit. This is down 0.7 percentage points from the prior year.
Deckers Outdoor Corp's ROE was 41.0% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 2.5 percentage points from the prior year.
Capital Allocation
Deckers Outdoor Corp invested $68.9M in research and development in fiscal year 2026. This represents an increase of 21.6% from the prior year.
Deckers Outdoor Corp spent $1.1B on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 89.6% from the prior year.
Deckers Outdoor Corp invested $84.6M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 1.8% from the prior year.
DECK Income Statement
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0B+36.8% | $1.4B+48.3% | $964.5M-5.6% | $1.0B-44.1% | $1.8B+39.3% | $1.3B+58.9% | $825.3M-14.0% | $959.8M |
| Cost of Revenue | $786.2M+25.4% | $627.0M+47.0% | $426.6M-3.5% | $442.0M-39.0% | $724.5M+25.3% | $578.0M+62.7% | $355.3M | N/A |
| Gross Profit | $1.2B+45.7% | $803.8M+49.4% | $537.9M-7.2% | $579.8M-47.4% | $1.1B+50.4% | $733.3M+56.0% | $470.0M-12.9% | $539.5M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $557.0M+16.7% | $477.3M+28.1% | $372.6M-8.2% | $405.8M-24.2% | $535.3M+25.0% | $428.2M+27.0% | $337.2M | N/A |
| Operating Income | $614.4M+88.2% | $326.5M+97.5% | $165.3M-5.0% | $173.9M-69.3% | $567.3M+85.9% | $305.1M+129.7% | $132.8M-7.9% | $144.3M |
| Interest Expense | $1.1M+105.2% | $521K-44.3% | $935K+29.0% | $725K+18.9% | $610K-47.0% | $1.2M+11.6% | $1.0M | N/A |
| Income Tax | $145.8M+96.4% | $74.2M+69.2% | $43.9M+10.0% | $39.9M-68.6% | $127.2M+66.1% | $76.6M+128.4% | $33.5M | N/A |
| Net Income | $481.1M+79.4% | $268.2M+92.6% | $139.2M-8.1% | $151.4M-66.8% | $456.7M+88.5% | $242.3M+109.6% | $115.6M-9.3% | $127.5M |
| EPS (Diluted) | $3.33+83.0% | $1.82+95.7% | $0.93 | N/A | $3.00+88.7% | $1.59 | $0.75-84.8% | $4.95 |
DECK Balance Sheet
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.1B+8.4% | $3.8B-1.4% | $3.8B+7.5% | $3.6B-9.9% | $4.0B+16.7% | $3.4B+2.8% | $3.3B+5.4% | $3.1B |
| Current Assets | $3.3B+10.5% | $3.0B-3.4% | $3.1B+7.5% | $2.9B-12.6% | $3.3B+21.2% | $2.7B+3.4% | $2.6B+6.9% | $2.4B |
| Cash & Equivalents | $2.1B+47.5% | $1.4B-17.8% | $1.7B-8.9% | $1.9B-15.7% | $2.2B+82.8% | $1.2B-14.8% | $1.4B-4.2% | $1.5B |
| Inventory | $633.5M-24.2% | $835.6M-1.6% | $849.4M+71.5% | $495.2M-14.1% | $576.7M-25.9% | $777.9M+3.3% | $753.3M+58.8% | $474.3M |
| Accounts Receivable | $344.3M-36.1% | $538.8M+43.1% | $376.5M+13.1% | $332.9M+9.8% | $303.1M-43.6% | $537.1M+77.2% | $303.1M+2.2% | $296.6M |
| Goodwill | $14.0M0.0% | $14.0M0.0% | $14.0M0.0% | $14.0M0.0% | $14.0M0.0% | $14.0M0.0% | $14.0M0.0% | $14.0M |
| Total Liabilities | $1.5B+13.2% | $1.3B-3.9% | $1.4B+29.8% | $1.1B-20.7% | $1.3B+13.5% | $1.2B-4.6% | $1.2B+19.8% | $1.0B |
| Current Liabilities | $1.1B+18.6% | $968.8M-7.5% | $1.0B+36.0% | $769.9M-25.5% | $1.0B+18.0% | $875.6M-4.0% | $912.5M+26.7% | $720.0M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $2.6B+5.8% | $2.5B-0.1% | $2.5B-1.8% | $2.5B-4.5% | $2.6B+18.3% | $2.2B+7.2% | $2.1B-1.6% | $2.1B |
| Retained Earnings | $2.4B+5.8% | $2.2B-0.7% | $2.3B-2.0% | $2.3B-4.8% | $2.4B+20.4% | $2.0B+7.4% | $1.9B-2.0% | $1.9B |
DECK Cash Flow Statement
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.0B+12783.4% | $8.1M-77.6% | $36.1M+149.5% | -$73.0M-106.7% | $1.1B+1309.7% | -$90.5M-180.4% | $112.7M+492.9% | -$28.7M |
| Capital Expenditures | $21.6M-1.8% | $22.0M-8.1% | $23.9M+45.6% | $16.4M-32.5% | $24.4M+6.6% | $22.8M+1.4% | $22.5M+47.3% | $15.3M |
| Free Cash Flow | $1.0B+7431.7% | -$13.9M-214.0% | $12.2M+113.6% | -$89.4M-108.4% | $1.1B+1044.5% | -$113.4M-225.8% | $90.1M+305.0% | -$44.0M |
| Investing Cash Flow | -$21.6M+1.8% | -$22.0M+8.0% | -$23.9M-45.5% | -$16.4M+31.8% | -$24.1M-102.3% | -$11.9M+47.1% | -$22.5M-47.3% | -$15.3M |
| Financing Cash Flow | -$348.9M-19.4% | -$292.2M-59.5% | -$183.2M+30.8% | -$264.7M-433.4% | -$49.6M+56.9% | -$115.2M+24.2% | -$151.9M-49.5% | -$101.6M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $348.5M+23.6% | $282.0M+54.1% | $183.0M-31.2% | $266.0M+494.8% | $44.7M-57.1% | $104.3M-31.4% | $152.0M+45.7% | $104.3M |
DECK Financial Ratios
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 59.8%+3.7pp | 56.2%+0.4pp | 55.8%-1.0pp | 56.7%-3.6pp | 60.4%+4.4pp | 55.9%-1.0pp | 57.0%+0.7pp | 56.2% |
| Operating Margin | 31.4%+8.6pp | 22.8%+5.7pp | 17.1%+0.1pp | 17.0%-14.0pp | 31.1%+7.8pp | 23.3%+7.2pp | 16.1%+1.1pp | 15.0% |
| Net Margin | 24.6%+5.8pp | 18.7%+4.3pp | 14.4%-0.4pp | 14.8%-10.2pp | 25.0%+6.5pp | 18.5%+4.5pp | 14.0%+0.7pp | 13.3% |
| Return on Equity | 18.4%+7.6pp | 10.9%+5.2pp | 5.6%-0.4pp | 6.0%-11.3pp | 17.4%+6.5pp | 10.9%+5.3pp | 5.6%-0.5pp | 6.0% |
| Return on Assets | 11.7%+4.6pp | 7.1%+3.5pp | 3.6%-0.6pp | 4.2%-7.3pp | 11.5%+4.4pp | 7.1%+3.6pp | 3.5%-0.6pp | 4.1% |
| Current Ratio | 2.86-0.2 | 3.07+0.1 | 2.94-0.8 | 3.72+0.5 | 3.17+0.1 | 3.08+0.2 | 2.86-0.5 | 3.39 |
| Debt-to-Equity | 0.57+0.0 | 0.53-0.0 | 0.56+0.1 | 0.42-0.1 | 0.51-0.0 | 0.53-0.1 | 0.59+0.1 | 0.49 |
| FCF Margin | 52.1%+53.1pp | -1.0%-2.2pp | 1.3%+10.0pp | -8.8%-67.4pp | 58.6%+67.3pp | -8.6%-19.6pp | 10.9%+15.5pp | -4.6% |
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Frequently Asked Questions
What is Deckers Outdoor Corp's annual revenue?
Deckers Outdoor Corp (DECK) reported $5.5B in total revenue for fiscal year 2026. This represents a 9.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Deckers Outdoor Corp's revenue growing?
Deckers Outdoor Corp (DECK) revenue grew by 9.8% year-over-year, from $5.0B to $5.5B in fiscal year 2026.
Is Deckers Outdoor Corp profitable?
Yes, Deckers Outdoor Corp (DECK) reported a net income of $1.0B in fiscal year 2026, with a net profit margin of 18.7%.
What is Deckers Outdoor Corp's EBITDA?
Deckers Outdoor Corp (DECK) had EBITDA of $1.3B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Deckers Outdoor Corp's gross margin?
Deckers Outdoor Corp (DECK) had a gross margin of 57.7% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Deckers Outdoor Corp's operating margin?
Deckers Outdoor Corp (DECK) had an operating margin of 23.1% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Deckers Outdoor Corp's net profit margin?
Deckers Outdoor Corp (DECK) had a net profit margin of 18.7% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Deckers Outdoor Corp's return on equity (ROE)?
Deckers Outdoor Corp (DECK) has a return on equity of 41.0% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Deckers Outdoor Corp's free cash flow?
Deckers Outdoor Corp (DECK) generated $1.1B in free cash flow during fiscal year 2026. This represents a 14.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Deckers Outdoor Corp's operating cash flow?
Deckers Outdoor Corp (DECK) generated $1.2B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Deckers Outdoor Corp's total assets?
Deckers Outdoor Corp (DECK) had $3.7B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Deckers Outdoor Corp's capital expenditures?
Deckers Outdoor Corp (DECK) invested $84.6M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Deckers Outdoor Corp spend on research and development?
Deckers Outdoor Corp (DECK) invested $68.9M in research and development during fiscal year 2026.
What is Deckers Outdoor Corp's current ratio?
Deckers Outdoor Corp (DECK) had a current ratio of 3.54 as of fiscal year 2026, which is generally considered healthy.
What is Deckers Outdoor Corp's debt-to-equity ratio?
Deckers Outdoor Corp (DECK) had a debt-to-equity ratio of 0.48 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Deckers Outdoor Corp's return on assets (ROA)?
Deckers Outdoor Corp (DECK) had a return on assets of 27.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Deckers Outdoor Corp's Altman Z-Score?
Deckers Outdoor Corp (DECK) has an Altman Z-Score of 11.49, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Deckers Outdoor Corp's Piotroski F-Score?
Deckers Outdoor Corp (DECK) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Deckers Outdoor Corp's earnings high quality?
Deckers Outdoor Corp (DECK) has an earnings quality ratio of 1.15x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Deckers Outdoor Corp cover its interest payments?
Deckers Outdoor Corp (DECK) has an interest coverage ratio of 499.2x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Deckers Outdoor Corp?
Deckers Outdoor Corp (DECK) scores 77 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.