Filing Flows › Deckers Outdoor (DECK) › Q1 FY26
Deckers Outdoor (DECK) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jul 31, 2025
Deckers Outdoor (DECK) reported revenue of $965M for the first quarter fiscal 2026 (Q1 FY26), +17% from a year earlier and -6% from the quarter before. Operating margin was 17.1%, net earnings $139M (14.4% of revenue).
Deckers Outdoor, Q1 FY26: revenue $965M (+17% year over year), operating margin 17.1%, net earnings $139M, operating cash flow $36.1M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $965M | -6% | +17% |
| Gross profit | $538M | -7% | +14% |
| Operating profit | $165M | -5% | +24% |
| Net earnings | $139M | -8% | +20% |
| Operating cash flow | $36.1M | — | -68% |
| Free cash flow | $12.2M | — | -86% |
What changed
Revenue was $964.5M in Q1 FY26, up 17% year over year and down 6% from the previous quarter.
Gross margin was 55.8%, down 1.2 points from a year earlier. Operating profit was $165.3M, a 17.1% margin (up 1.0 points year over year). Of the extra revenue versus a year earlier, 23% reached operating profit, above the 16% margin then. Operating expenses grew 11% against revenue growth of 17%. Net earnings were $139.2M, up 20% year over year. The effective tax rate was 24.0%.
Operating cash flow was $36.1M (down 68% year over year), 26% of net earnings. Non-cash charges added back $19.4M of depreciation and amortization and $8.7M of share-based compensation. Working capital and other items used $131.2M. Capital expenditures of $23.9M left free cash flow of $12.2M.
Questions
What was Deckers Outdoor's revenue in the first quarter fiscal 2026?
Deckers Outdoor (DECK) reported revenue of $965M for the first quarter fiscal 2026 (Q1 FY26), +17% from a year earlier and -6% from the quarter before.
Was Deckers Outdoor profitable in the first quarter fiscal 2026?
Operating profit was $165M (17.1% of revenue) and net earnings $139M.
Source: Deckers Outdoor 10-Q on SEC EDGAR.