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Deckers Outdoor (DECK) Q2 FY26 earnings results (second quarter fiscal 2026)

10-Q filed Oct 31, 2025

Deckers Outdoor (DECK) reported revenue of $1.4B for the second quarter fiscal 2026 (Q2 FY26), +9% from a year earlier and +48% from the quarter before. Operating margin was 22.8%, net earnings $268M (18.7% of revenue).

Revenue$1.4B
Year over year+9%
Quarter over quarter+48%
Operating margin22.8%
Net earnings$268M

Deckers Outdoor, Q2 FY26: revenue $1.4B (+9% year over year), operating margin 22.8%, net earnings $268M, operating cash flow $8.1M. The chart follows the revenue to costs, profit and cash.

Q2 FY26AmountQ/QY/Y
Revenue$1.4B+48%+9%
Gross profit$804M+49%+10%
Operating profit$327M+98%+7%
Net earnings$268M+93%+11%
Operating cash flow$8.1M-78%—

What changed

Revenue was $1.4B in Q2 FY26, up 9% year over year and up 48% from the previous quarter.

Gross margin was 56.2%, up 0.3 points from a year earlier. Operating profit was $0.33B, a 22.8% margin (down 0.4 points year over year). Of the extra revenue versus a year earlier, 18% reached operating profit, below the 23% margin then. Operating expenses grew 11% against revenue growth of 9%. Net earnings were $0.27B, up 11% year over year. The effective tax rate was 21.7%.

Operating cash flow was $0.01B, 3% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.29B. Capital expenditures of $0.02B exceeded it, leaving free cash flow of −$0.01B.

Questions

What was Deckers Outdoor's revenue in the second quarter fiscal 2026?

Deckers Outdoor (DECK) reported revenue of $1.4B for the second quarter fiscal 2026 (Q2 FY26), +9% from a year earlier and +48% from the quarter before.

Was Deckers Outdoor profitable in the second quarter fiscal 2026?

Operating profit was $327M (22.8% of revenue) and net earnings $268M.

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Source: Deckers Outdoor 10-Q on SEC EDGAR.