Deckers Outdoor Corporation stock research
FY2026 Q4
Deckers Outdoor (DECK) Gross Margin & Quarterly History
Explore Deckers Outdoor Corporation (DECK) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q4
Revenue and gross profit decreased from the previous quarter, while cost of revenue fell proportionally less, resulting in a weaker gross margin. Compared to the same quarter last year, revenue and gross profit were higher, and gross margin improved.
- The relationship between revenue and cost of revenue drove the sequential margin weakness, as the cost of revenue declined more slowly than revenue. The year-over-year margin improvement was supported by a stronger conversion of revenue into gross profit.
- Compared with the immediately preceding quarter, gross margin is lower and weakened. Compared with the same quarter one year earlier, gross margin is higher and improved.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
57.6%
Gross profit
$644.6M
Revenue
$1.1B
Cost of revenue
$474.7M
Quarter-over-quarter change
-2.2 pts
Year-over-year change
+0.8 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2025 | $964.5M | $537.9M | $426.6M | 55.8% |
| Sep 30, 2025 | $1.4B | $803.8M | $627.0M | 56.2% |
| Dec 31, 2025 | $2.0B | $1.2B | $786.2M | 59.8% |
| Mar 31, 2026 | $1.1B | $644.6M | $474.7M | 57.6% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
-2.2 pts
Year-over-year change
Mar 31, 2025
+0.8 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The relationship between revenue and cost of revenue drove the sequential margin weakness, as the cost of revenue declined more slowly than revenue. The year-over-year margin improvement was supported by a stronger conversion of revenue into gross profit.
Compared with the immediately preceding quarter, gross margin is lower and weakened. Compared with the same quarter one year earlier, gross margin is higher and improved.
Monitor the relationship between revenue and cost of revenue changes, as a slower cost decline relative to revenue pressured sequential margin.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Deckers Outdoor Corporation (DECK) | 57.6% |