Loading...
•
Dec 31, 2025
Deckers Q3 2026 Earnings Report
Deckers Brands reported record revenue and earnings per share for the third fiscal quarter ended December 31, 2025, driven by strong global demand for UGG and HOKA.
Key Takeaways
Deckers Brands achieved record revenue of $1.96 billion and diluted EPS of $3.33 in the third fiscal quarter of 2026, representing increases of 7.1% and 11% respectively, compared to the same period last year. This growth was primarily fueled by the strong performance of the UGG and HOKA brands, with HOKA sales increasing by 18.5% and UGG sales by 4.9%. The company also raised its full fiscal year 2026 guidance for HOKA and UGG revenue, diluted EPS, and share repurchases.
Third quarter FY 2026 revenue increased 7.1% to a record $1.96 billion.
Third quarter FY 2026 diluted EPS increased 11% to a record $3.33.
HOKA® brand net sales increased 18.5% to $628.9 million.
UGG® brand net sales increased 4.9% to $1.305 billion.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Deckers Brands has updated its financial outlook for the full fiscal year ending March 31, 2026, expecting net sales in the range of $5.400 billion to $5.425 billion, with HOKA and UGG revenue projected to increase by mid-teens and mid-single-digits percentages, respectively. Diluted EPS is now expected to be in the range of $6.80 to $6.85, and share repurchases are anticipated to exceed $1.0 billion.
Positive Outlook
- Net sales are now expected to be in the range of $5.400 billion to $5.425 billion.
- HOKA revenue is expected to increase by a mid-teens percentage versus last year.
- UGG revenue is expected to increase by a mid-single-digit percentage versus last year.
- Diluted earnings per share is now expected to be in the range of $6.80 to $6.85.
- Share repurchases are expected to exceed $1.0 billion dollars.
Challenges Ahead
- Gross margin is now expected to be approximately 57%.
- SG&A expenses as a percentage of net sales are still expected to be approximately 34.5%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...