NYSE$DECK
Deckers Outdoor Corp · Q3 2025 earnings
Q3 2025 earnings · · After market close · Investor relations
Briefing
Deckers reported record quarterly revenue, gross margin, and earnings, driven by UGG and HOKA brands.
Deckers Brands reported exceptional third-quarter results with a 17% increase in revenue to a record $1.83 billion and a 19% increase in diluted EPS to a record $3.00. The company has raised its full-year revenue growth guidance to approximately 15% and diluted EPS guidance to a range of $5.75-$5.80.
- Third quarter revenue increased 17% to a record $1.83 billion.
- Third quarter diluted EPS increased 19% to a record $3.00.
- Full year revenue growth guidance raised to approximately 15%.
- Full year diluted EPS guidance raised to range of $5.75-$5.80.
Headline financials
Revenue & EPS history
Deckers · Revenue · Quarterly
$1.83B
Revenue by segment
Deckers · $2.24B total across 5 segments · Q4 2027
- HOKA$671M—30.0%
- Wholesale$655M—29.3%
- Direct-to-Consumer$464M—20.7%
- UGG$409M—18.3%
- Other brands$39.5M—1.8%
Forward guidance
The Company’s full fiscal year 2025 outlook is forward-looking in nature, reflecting our expectations as of January 30, 2025, and is subject to significant risks and uncertainties that limit our ability to accurately forecast results. Net sales are now expected to increase approximately 15% to $4.9 billion. Diluted earnings per share is now expected to be in the range of $5.75 to $5.80.
Tailwinds
- Net sales are now expected to increase approximately 15% to $4.9 billion.
- Gross margin is now expected to be at or slightly better than 57%.
- SG&A expenses as a percentage of net sales are still expected to be approximately 35%.
- Operating margin is now expected to be approximately 22%.
- Diluted earnings per share is now expected to be in the range of $5.75 to $5.80.
Headwinds
- Foreign currency fluctuations.
- Changes in economic conditions, including consumer confidence, discretionary spending, and inflationary pressures.
- Supply chain disruptions.
- Geopolitical tensions.
- Effective tax rate is expected to be approximately 23.5%.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2025
+0.7%
Avg return
Earnings day
+2.8%
Avg return
5 days after
+5.4%
Avg return
30 days after
54%
38 / 71 earnings
Positive
+21.1%
Q3 2013
Best reaction
-23.3%
Q1 2012
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2027 | +2.5% | +9.7% | +4.8% | |
| Q3 2026 | +6.7% | +12.4% | +17.4% | |
| Q2 2026 | -15.2% | -18.2% | -17.0% | |
| Q1 2026 | +11.3% | +5.4% | +4.0% | |
| Q4 2025 | -19.9% | -17.3% | -19.4% | |
| Q3 2025 | -20.5% | -22.7% | -37.5% | |
| Q2 2025 | +11.4% | +12.3% | +27.3% | |
| Q1 2025 | +5.8% | +7.7% | +15.2% | |
| Q4 2024 | +15.7% | +20.9% | +9.8% | |
| Q3 2024 | +17.0% | +9.5% | +19.8% | |
| Q2 2024 | +17.0% | +21.3% | +29.4% | |
| Q1 2024 | -4.3% | -2.8% | -6.5% | |
| Q4 2023 | +5.6% | +11.1% | +14.9% | |
| Q3 2023 | -3.3% | -2.5% | +0.0% | |
| Q2 2023 | -4.4% | +0.4% | +5.5% | |
| Q1 2023 | +11.3% | +9.3% | +16.7% | |
| Q4 2022 | +12.3% | +6.0% | +10.1% | |
| Q3 2022 | -8.1% | -9.2% | -25.7% | |
| Q2 2022 | +5.1% | +5.1% | +10.2% | |
| Q1 2022 | +1.6% | +6.4% | +4.7% | |
| Q4 2021 | +3.9% | +3.8% | +0.7% | |
| Q3 2021 | +2.3% | +5.1% | +2.2% | |
| Q2 2021 | +1.3% | +0.6% | +4.0% | |
| Q1 2021 | -4.4% | -6.1% | -3.9% | |
| Q4 2020 | +10.3% | +10.8% | +20.6% | |
| Q3 2020 | +8.1% | +7.4% | -1.6% | |
| Q2 2020 | -2.2% | -2.9% | +3.4% | |
| Q1 2020 | -10.9% | -13.1% | -23.9% | |
| Q4 2019 | +2.2% | +0.5% | +16.9% | |
| Q3 2019 | +11.6% | +9.6% | +16.3% | |
| Q2 2019 | +8.4% | +20.9% | +15.1% | |
| Q1 2019 | -6.4% | -4.9% | -0.5% | |
| Q4 2018 | +4.4% | +4.5% | +15.9% | |
| Q3 2018 | +9.2% | +10.8% | +11.9% | |
| Q2 2018 | +5.5% | -0.6% | +7.6% | |
| Q1 2018 | +2.6% | +3.1% | -0.4% | |
| Q4 2017 | +15.7% | +16.9% | +16.0% | |
| Q3 2017 | -18.0% | -20.9% | -3.7% | |
| Q2 2017 | +5.2% | -1.0% | +23.6% | |
| Q1 2017 | +3.6% | -2.0% | +5.1% | |
| Q4 2016 | +8.7% | +7.4% | +14.2% | |
| Q3 2016 | -4.6% | — | — | |
| Q2 2016 | +6.7% | — | — | |
| Q1 2016 | +4.9% | — | — | |
| Q4 2015 | -4.8% | — | — | |
| Q3 2015 | -18.9% | — | — | |
| Q3 2014 | -2.7% | — | — | |
| Q2 2015 | -9.6% | — | — | |
| Q2 2014 | -0.2% | — | — | |
| Q1 2015 | +6.5% | — | — | |
| Q4 2014 | +5.6% | — | — | |
| Q1 2014 | +2.7% | — | — | |
| Q4 2013 | -9.7% | — | — | |
| Q3 2013 | +21.1% | — | — | |
| Q2 2013 | -7.5% | — | — | |
| Q1 2013 | -8.1% | — | — | |
| Q4 2012 | +15.5% | — | — | |
| Q3 2012 | -20.7% | — | — | |
| Q2 2012 | +9.7% | — | — | |
| Q1 2012 | -23.3% | — | — | |
| Q4 2011 | +4.0% | — | — | |
| Q3 2011 | -8.3% | — | — | |
| Q2 2011 | -6.2% | — | — | |
| Q1 2010 | -0.1% | — | — | |
| Q1 2011 | -0.1% | — | — | |
| Q4 2008 | -4.1% | — | — | |
| Q3 2009 | -1.5% | — | — | |
| Q3 2010 | -1.5% | — | — | |
| Q4 2009 | -1.9% | — | — | |
| Q2 2009 | -1.9% | — | — | |
| Q2 2010 | -1.9% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro