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Earnings analysis · 10-Q

DECK earnings analysis

Filed October 29, 2026 · Our reading of the company's report

The latest report

Deckers reported $1.481 billion of revenue and $2.03 of EPS based on the supplied earnings data, but the provided 10-Q extract does not include the financial statements or MD&A needed to assess revenue growth, margins,…

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Deckers reported $1.481 billion of revenue and $2.03 of EPS based on the supplied earnings data, but the provided 10-Q extract does not include the financial statements or MD&A needed to assess revenue growth, margins, cash flow, working capital, or segment trends. The filing shows substantial repurchases of $299,277 during the quarter and $15,000 after quarter-end, while management reported effective disclosure controls. No material changes to the prior annual-report risk factors were disclosed, and no quantitative guidance appears in the supplied 10-Q text.

Read the original on SEC.gov

Gross and operating margin

How much of each revenue dollar the business keeps.

60% Gross margin Operating margin Feb 2023 May 2026

One point per quarterly or annual filing. Both margins are shares of that report's revenue.

How we read each report

Our analysis across the last few reports.

Read as bullish Read as bearish Feb 2023 Oct 2026

Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.

Reported figures

Earnings per share
$2.03

What stood out

  • Revenue and EPS reported

    Reported revenue was $1.481 billion and EPS was $2.03 for the period based on the supplied earnings data; the 10-Q extract does not provide the comparable income-statement tables needed to calculate margin trends.

  • Material share repurchases

    Deckers repurchased 3,195,823 shares during the three months ended September 30, 2026 for $299,277, leaving $4,412,139 available under the authorization.

  • Buybacks continued after quarter-end

    The company repurchased an additional 187,375 shares for $15,000 from September 30 through October 8, 2026; $4,397,139 remained authorized as of October 8.

  • Disclosure controls effective

    Management concluded that disclosure controls were effective at a reasonable assurance level as of September 30, 2026.

  • Credit agreement amended

    A First Amendment to the Credit Agreement was dated August 27, 2026 and filed as Exhibit 10.1, indicating an update to the company’s credit arrangements during the quarter.

What to watch

  • No new risk-factor disclosure

    The filing states there were no material changes to the risks and uncertainties in the 2026 Annual Report during the three months ended September 30, 2026; therefore, no new risk-factor change was identified in the supplied filing text.

  • Ongoing legal proceedings

    The company states that ordinary-course legal matters can adversely affect it through legal costs and diversion of management time and resources, even though it currently believes outcomes will not have a material adverse effect.

  • Market-risk exposure persists

    The filing identifies commodity prices, foreign-currency exchange rates, inflation, interest rates, and credit risks as exposures; it states there have been no material changes, but these risks remain relevant to results and financial position.

  • Discretionary capital allocation

    The company repurchased $299,277 of stock during the quarter and had $4,412,139 remaining authorization at September 30, 2026; repurchases are discretionary and may be suspended, creating potential variability in capital returns.

Management's outlook

The supplied 10-Q extract does not include MD&A or a quantitative outlook. Prior company guidance was disclosed in the October 22, 2026 8-K rather than this filing.

Earlier filings 4

10-K · May 22, 2026

Deckers Outdoor Corporation reported FY 2026 revenue of $5.47 billion, a 9.8% increase driven by strong sales from the HOKA and UGG brands. EPS rose to $7.02, up 10.9% from the previous year. The company continues to…

10-Q · February 3, 2026

Deckers reported third-quarter net sales of $1,957,549 (thousands), up $130,384 (7.1%) from $1,827,165 (thousands) a year ago, with income from operations of $614,366 (thousands) and diluted EPS of $3.33. The company…

10-Q · October 31, 2025

Deckers reported quarterly net sales of $1,430,840,000 and diluted EPS of $1.82 for the three months ended September 30, 2025, beating the prior-year quarter and consensus. Gross profit was $803,822,000 and income from…

10-Q · July 31, 2025

Deckers reported Q1 (fiscal quarter ended June 30, 2025) net sales of $964,538,000 and diluted EPS of $0.93, both improving versus the year-ago quarter. Gross profit was $537,906,000 (55.8% gross margin) while operating…

This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.