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Mar 31

Deckers Q4 2025 Earnings Report

Deckers reported financial results for the fourth fiscal quarter and full fiscal year ended March 31, 2025.

Key Takeaways

Deckers Brands delivered a strong fourth fiscal quarter and full fiscal year 2025, with significant revenue growth driven by the HOKA and UGG brands. The company achieved record earnings per share and maintained a strong balance sheet, despite navigating near-term uncertainty related to the global trade environment.

Net sales for the fourth fiscal quarter increased to $1,021.8 million.

Net income for the fourth fiscal quarter was $151.4 million.

Diluted EPS for the fourth fiscal quarter was $1.00.

The company ended the fiscal year with $1,889.2 million in cash and cash equivalents.

Total Revenue
$1.02B
Previous year: $960M
+6.5%
EPS
$1
Previous year: $0.83
+20.5%
Gross Profit
$580M
Previous year: $539M
+7.5%
Cash and Equivalents
$1.89B
Previous year: $1.5B
+25.8%
Total Assets
$3.57B
Previous year: $3.14B
+13.9%

Deckers

Deckers

Deckers Revenue by Segment

Forward Guidance

Deckers provides guidance for the first fiscal quarter of 2026, but not for the full fiscal year due to macroeconomic uncertainty related to evolving global trade policies.

Positive Outlook

  • Continued confidence in the opportunities ahead for HOKA and UGG.
  • HOKA and UGG are viewed as industry leaders with iconic and innovative products.
  • Strong balance sheet positions the company well to manage near-term challenges.
  • Company remains capable of returning value to shareholders.
  • Increased share repurchase authorization to $2.5 billion.

Challenges Ahead

  • Macroeconomic uncertainty related to evolving global trade policies.
  • Company will not be providing full year guidance for fiscal year 2026 at this time.
  • Outlook is subject to significant risks and uncertainties.
  • Potential impact from changes in macroeconomic conditions.
  • Potential impact from geopolitical tensions and supply chain disruption.

Revenue & Expenses

Visualization of income flow from segment revenue to net income