Deckers Brands

DECK · Consumer Discretionary · Market cap $13.7B

Q3 FY26 Oct 1 – Dec 31, 2025 reported Feb 3, 2026

Revenue$2B +7% year over year

Gross profit$1.2B

Operating profit$0.6B

Net profit$0.5B 25% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2	100%	+7%
UGG	1.3	65%
HOKA	0.6	30%
Cost of revenue	−0.8	40%
Gross profit	1.2	60% margin	−1pp
SG&A	−0.6	28%	−1pp
Operating profit	0.6	31% margin	+0pp
Tax	−0.1
Net profit	0.5	25%	+0pp

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1	100%	+17%
HOKA	0.7	70%
UGG	0.3	30%
Cost of revenue	−0.4	40%
Gross profit	0.5	56% margin	−1pp
SG&A	−0.4	39%	−2pp
Operating profit	0.2	17% margin	+1pp
Net profit	0.1	14%	+0pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Dec 31, 2024).
Item	Value	Share of revenue	Year over year
Revenue	1.8	100%	+17%
Direct-to-Consumer	1	56%
UGG brand wholesale	0.5	28%
HOKA brand wholesale	0.3	17%
Cost of revenue	−0.7	39%
Gross profit	1.1	60% margin	+2pp
SG&A	−0.5	29%	+2pp
Operating profit	0.6	31% margin	+0pp
Tax	−0.1
Net profit	0.5	25%	+0pp

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Sep 30, 2024).
Item	Value	Share of revenue	Year over year
Revenue	1.3	100%	+20%
UGG brand	0.5	38%
Direct-to-Consumer	0.4	31%
Hoka brand	0.4	31%
Cost of revenue	−0.6	46%
Gross profit	0.7	56% margin	+3pp
SG&A	−0.4	33%	+0pp
Operating profit	0.3	23% margin	+3pp
Tax	−0.1
Net profit	0.2	18%	+2pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q3 FY26	Oct 1 – Dec 31, 2025	Feb 3, 2026	$2B	+7%	30%	$0.5B	25%
Q1 FY26	Apr 1 – Jun 30, 2025	Jul 31, 2025	$1B	+17%	20%	$0.1B	14%
Q3 FY25	Oct 1 – Dec 31, 2024	Feb 3, 2025	$1.8B	+17%	33%	$0.5B	25%
Q2 FY25	Jul 1 – Sep 30, 2024	Oct 31, 2024	$1.3B	+20%	23%	$0.2B	18%