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Deckers Outdoor (DECK) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed Feb 3, 2026

Deckers Outdoor (DECK) reported revenue of $2.0B for the third quarter fiscal 2026 (Q3 FY26), +7% from a year earlier and +37% from the quarter before. Operating margin was 31.4%, net earnings $481M (24.6% of revenue).

Revenue$2.0B
Year over year+7%
Quarter over quarter+37%
Operating margin31.4%
Net earnings$481M

Deckers Outdoor, Q3 FY26: revenue $2.0B (+7% year over year), operating margin 31.4%, net earnings $481M, operating cash flow $1.0B. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$2.0B+37%+7%
Gross profit$1.2B+46%+6%
Operating profit$614M+88%+8%
Net earnings$481M+79%+5%
Operating cash flow$1.0B129×-5%
Free cash flow$1.0B—-5%

What changed

Revenue was $2.0B in Q3 FY26, up 7% year over year and up 37% from the previous quarter.

Gross margin was 59.8%, down 0.5 points from a year earlier. Operating profit was $0.61B, a 31.4% margin (up 0.3 points year over year). Of the extra revenue versus a year earlier, 36% reached operating profit, above the 31% margin then. Operating expenses grew 4% against revenue growth of 7%. Net earnings were $0.48B, up 5% year over year. The effective tax rate was 23.3%.

Operating cash flow was $1.0B (down 5% year over year), 217% 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 added $0.53B. Capital expenditures of $0.02B left free cash flow of $1.0B.

Questions

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

Deckers Outdoor (DECK) reported revenue of $2.0B for the third quarter fiscal 2026 (Q3 FY26), +7% from a year earlier and +37% from the quarter before.

Was Deckers Outdoor profitable in the third quarter fiscal 2026?

Operating profit was $614M (31.4% of revenue) and net earnings $481M.

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Source: Deckers Outdoor 10-Q on SEC EDGAR.