戴克斯户外 2025年度报告

FORM 10-K (Mark One)☒Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Fiscal Year Ended March 31, 2026 ☐Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period fromto DECKERS OUTDOOR CORPORATION 95-3015862 Delaware (I.R.S. Employer Identification No.) (State or other jurisdiction of incorporation or organization) 250 Coromar Drive, Goleta, California 93117(Address of principal executive offices) (Zip Code) (805) 967-7611(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Trading Symbol(s)Name of each exchange on which registeredDECKNew York Stock Exchange Title of each classCommon Stock, par value $0.01 per share Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the SecuritiesAct.Yes☒No☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) ofthe Act. Yes☐No☒ Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) ofthe Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrantwas required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or forsuch shorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-acceleratedfiler, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Non-accelerated filer☐ Accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extendedtransition period for complying with any new or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessmentof the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act(15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financialstatements of the registrant included in the filing reflect the correction of an error to previously issued financialstatements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis ofincentive-based compensation received by any of the registrant’s executive officers during the relevant recoveryperiod pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).Yes☐No☒ At September30, 2025, the last business day of the registrant’s most recently completed second fiscal quarter, theaggregatemarket value of the voting and non-voting stock held by the non-affiliates of the registrant wasapproximately $14,764,483,936, based on the number of shares held by non-affiliates of the registrant as of thatdate, and the last reported sale price of the registrant’s common stock, par value $0.01 per share, on the New YorkStock Exchange on that date, which was $101.37. This calculation does not reflect a determination that persons areaffiliates for any other purposes. As of the close of business on May1, 2026, the number of outstanding shares of the registrant’s common stock, parvalue $0.01 per share, was 138,880,957. DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant’s definitive Proxy Statement on Schedule 14A relating to the registrant’s 2026 annualmeeting of stockholders, to be filed with the Securities and Exchange Commission within 120 days after the end ofthe fiscal year covered by this Annual Report on Form 10-K, are incorporated by reference in Part III within thisAnnual Report on Form 10-K. DECKERS OUTDOOR CORPORATION AND SUBSIDIARIESTABLE OF CONTENTS Cautionary Note Regarding Forward-Looking Statements2 PART I Item1.BusinessItem1A.Risk FactorsItem1B.Unresolved Staff CommentsItem 1C.CybersecurityItem2.PropertiesItem3.Legal ProceedingsItem4.Mine Safety Disclosures PageItem6.[Reserved]*Item7.Management’s Discussion and Analysis of Financial Condition and Results of Operations32Item7A.Quantitative and Qualitative Disclosures about