Deckers Outdoor (DECK) Operating Expenses (2009 - 2025)
Deckers Outdoor's Operating Expenses was $556.99 million in fiscal Q3 2026 (quarter ended Dec 31, 2025), up 4.0% from $535.35 million a year earlier and up 16.7% from the prior quarter.
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Analysis
Deckers Outdoor (DECK) Operating Expenses (2009 - 2025) Analysis & Trends
On a trailing twelve-month basis, Deckers Outdoor's Operating Expenses was $1.81 billion through Dec 31, 2025, up 6.9% year-over-year; for FY2025 (ended Mar 31, 2025), it was $1.71 billion, up 17.1% from FY2024.
- Operating Expenses has now increased for seven consecutive fiscal years, with a five-year compound annual growth rate of 17.4% (FY2020 to FY2025).
- In earlier fiscal years, Operating Expenses was $1.46 billion in FY2024 (+24.3%), $1.17 billion in FY2023 (+12.4%), $1.04 billion in FY2022 (+19.9%) and $869.89 million in FY2021 (+13.6%).
- The fiscal Q3 2026 figure marks the highest quarterly Operating Expenses in data going back to fiscal Q2 2015.
- Compared with a year earlier, Operating Expenses has increased for 22 straight quarters, with growth averaging 16.4% over the last eight quarters.
- Across the past five years, year-over-year growth in Operating Expenses ran from 2.7% in fiscal Q4 2025 to 38.4% in fiscal Q4 2021.
- Per Business Quant data, DECK's Operating Expenses in the three fiscal quarters before Q3 2026 was $477.3 million (Q2 2026), $372.62 million (Q1 2026) and $405.84 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 53.94 Bn | 19.93 Bn | 5.39 Bn | 4.08 Bn |
| 2 | Tapestry | 22.74 Bn | 18.69 Bn | 1.56 Bn | 1.12 Bn |
| 3 | Ralph Lauren | 21.47 Bn | 13.57 Bn | 1.44 Bn | 1.10 Bn |
| 4 | Deckers Outdoor | 11.15 Bn | 4.02 Bn | - | - |
| 5 | Lululemon Athletica | 10.72 Bn | 4.97 Bn | 1.46 Bn | 1.01 Bn |
| 6 | Levi Strauss | 7.64 Bn | 4.29 Bn | 979.10 Mn | 856.90 Mn |
| 7 | Gildan Activewear | 6.52 Bn | 5.51 Bn | 459.76 Mn | 283.86 Mn |
| 8 | Birkenstock Holding | 6.06 Bn | 4.37 Bn | 493.89 Mn | -37.80 Mn |
| 9 | Crocs | 5.89 Bn | 5.30 Bn | 700.71 Mn | 415.03 Mn |
| 10 | V F | 5.67 Bn | 2.29 Bn | 917.04 Mn | 1.75 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 556.99 Mn |
| Sep 30, 2025 | 477.30 Mn |
| Jun 30, 2025 | 372.62 Mn |
| Mar 31, 2025 | 405.84 Mn |
| Dec 31, 2024 | 535.35 Mn |
| Sep 30, 2024 | 428.19 Mn |
| Jun 30, 2024 | 337.19 Mn |
| Mar 31, 2024 | 395.21 Mn |
| Dec 31, 2023 | 428.67 Mn |
| Sep 30, 2023 | 358.40 Mn |
| Jun 30, 2023 | 275.69 Mn |
| Mar 31, 2023 | 290.25 Mn |
| Dec 31, 2022 | 349.87 Mn |
| Sep 30, 2022 | 294.09 Mn |
| Jun 30, 2022 | 238.41 Mn |
| Mar 31, 2022 | 277.44 Mn |
| Dec 31, 2021 | 327.83 Mn |
| Sep 30, 2021 | 238.91 Mn |
| Jun 30, 2021 | 198.67 Mn |
| Mar 31, 2021 | 244.01 Mn |
API Access
Deckers Outdoor Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=DECK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "DECK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=DECK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();