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Deckers Brands（DECK）与闪迪（SNDK）财务数据对比。点击上方公司名可切换其他公司
闪迪的季度营收约是Deckers Brands的1.5倍（$3.0B vs $2.0B），闪迪净利率更高（26.5% vs 24.6%，领先2.0%），闪迪同比增速更快（78.5% vs 7.1%），Deckers Brands自由现金流更多（$1.0B vs $980.0M）
Deckers Brands是1973年成立的美国鞋履设计与分销企业，总部位于加利福尼亚州戈利塔，由道格·奥托与卡尔·F·洛普克共同创立。公司旗下拥有UGG、Teva、Hoka等全球知名鞋履品牌，产品覆盖休闲、户外等多个领域，销往世界多地。
闪迪是总部位于美国加利福尼亚州米尔皮塔斯的跨国计算机科技企业，主要设计生产闪存相关产品，涵盖存储卡、U盘、固态硬盘等品类。公司1988年由伊莱·哈拉里、桑贾伊·梅洛特拉、袁志坤共同创立，最初名为SunDisk，现品牌名取自创始人桑贾伊的名字与disk的组合。
DECK vs SNDK — 直观对比
营收规模更大
SNDK
是对方的1.5倍
$2.0B
营收增速更快
SNDK
高出71.3%
7.1%
净利率更高
SNDK
高出2.0%
24.6%
自由现金流更多
DECK
多$40.3M
$980.0M
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $3.0B |
| 净利润 | $481.1M | $803.0M |
| 毛利率 | 59.8% | 50.9% |
| 营业利润率 | 31.4% | 35.2% |
| 净利率 | 24.6% | 26.5% |
| 营收同比 | 7.1% | 78.5% |
| 净利润同比 | 5.3% | 141.5% |
| 每股收益（稀释后） | $3.33 | $5.15 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收DECKSNDK
| Q1 26 | — | $3.0B | ||
| Q4 25 | $2.0B | $2.3B | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $964.5M | $1.9B | ||
| Q1 25 | $1.0B | $1.7B | ||
| Q4 24 | $1.8B | $1.9B | ||
| Q3 24 | $1.3B | $1.9B | ||
| Q2 24 | $825.3M | — |
净利润DECKSNDK
| Q1 26 | — | $803.0M | ||
| Q4 25 | $481.1M | $112.0M | ||
| Q3 25 | $268.2M | — | ||
| Q2 25 | $139.2M | $-23.0M | ||
| Q1 25 | $151.4M | $-1.9B | ||
| Q4 24 | $456.7M | $104.0M | ||
| Q3 24 | $242.3M | $211.0M | ||
| Q2 24 | $115.6M | — |
毛利率DECKSNDK
| Q1 26 | — | 50.9% | ||
| Q4 25 | 59.8% | 29.8% | ||
| Q3 25 | 56.2% | — | ||
| Q2 25 | 55.8% | 26.2% | ||
| Q1 25 | 56.7% | 22.5% | ||
| Q4 24 | 60.3% | 32.3% | ||
| Q3 24 | 55.9% | 38.6% | ||
| Q2 24 | 56.9% | — |
营业利润率DECKSNDK
| Q1 26 | — | 35.2% | ||
| Q4 25 | 31.4% | 7.6% | ||
| Q3 25 | 22.8% | — | ||
| Q2 25 | 17.1% | 0.9% | ||
| Q1 25 | 17.0% | -111.0% | ||
| Q4 24 | 31.0% | 10.4% | ||
| Q3 24 | 23.3% | 15.5% | ||
| Q2 24 | 16.1% | — |
净利率DECKSNDK
| Q1 26 | — | 26.5% | ||
| Q4 25 | 24.6% | 4.9% | ||
| Q3 25 | 18.7% | — | ||
| Q2 25 | 14.4% | -1.2% | ||
| Q1 25 | 14.8% | -114.0% | ||
| Q4 24 | 25.0% | 5.5% | ||
| Q3 24 | 18.5% | 11.2% | ||
| Q2 24 | 14.0% | — |
每股收益（稀释后）DECKSNDK
| Q1 26 | — | $5.15 | ||
| Q4 25 | $3.33 | $0.75 | ||
| Q3 25 | $1.82 | — | ||
| Q2 25 | $0.93 | $-0.17 | ||
| Q1 25 | $-2.78 | $-13.33 | ||
| Q4 24 | $3.00 | $0.72 | ||
| Q3 24 | $1.59 | $1.46 | ||
| Q2 24 | $4.52 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $2.1B | $1.5B |
| 总债务越低越好 | — | $603.0M |
| 股东权益账面价值 | $2.6B | $10.2B |
| 总资产 | $4.1B | $13.0B |
| 负债/权益比越低杠杆越低 | — | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资DECKSNDK
| Q1 26 | — | $1.5B | ||
| Q4 25 | $2.1B | $1.4B | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.9B | $1.5B | ||
| Q4 24 | $2.2B | $804.0M | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.4B | — |
总债务DECKSNDK
| Q1 26 | — | $603.0M | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益DECKSNDK
| Q1 26 | — | $10.2B | ||
| Q4 25 | $2.6B | $9.4B | ||
| Q3 25 | $2.5B | — | ||
| Q2 25 | $2.5B | $9.2B | ||
| Q1 25 | $2.5B | $9.2B | ||
| Q4 24 | $2.6B | $12.0B | ||
| Q3 24 | $2.2B | $12.1B | ||
| Q2 24 | $2.1B | — |
总资产DECKSNDK
| Q1 26 | — | $13.0B | ||
| Q4 25 | $4.1B | $12.7B | ||
| Q3 25 | $3.8B | — | ||
| Q2 25 | $3.8B | $13.0B | ||
| Q1 25 | $3.6B | $13.0B | ||
| Q4 24 | $4.0B | $14.2B | ||
| Q3 24 | $3.4B | — | ||
| Q2 24 | $3.3B | — |
负债/权益比DECKSNDK
| Q1 26 | — | 0.06× | ||
| Q4 25 | — | 0.14× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.20× | ||
| Q1 25 | — | 0.21× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $1.0B | $1.0B |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $980.0M |
| 自由现金流率自由现金流/营收 | 52.1% | 32.4% |
| 资本支出强度资本支出/营收 | 1.1% | 1.3% |
| 现金转化率经营现金流/净利润 | 2.17× | 1.27× |
| 过去12个月自由现金流最近4个季度 | $929.1M | — |
8季度趋势，按日历期对齐
经营现金流DECKSNDK
| Q1 26 | — | $1.0B | ||
| Q4 25 | $1.0B | $488.0M | ||
| Q3 25 | $8.1M | — | ||
| Q2 25 | $36.1M | — | ||
| Q1 25 | $-73.0M | $26.0M | ||
| Q4 24 | $1.1B | $95.0M | ||
| Q3 24 | $-90.5M | $-131.0M | ||
| Q2 24 | $112.7M | — |
自由现金流DECKSNDK
| Q1 26 | — | $980.0M | ||
| Q4 25 | $1.0B | $438.0M | ||
| Q3 25 | $-13.9M | — | ||
| Q2 25 | $12.2M | — | ||
| Q1 25 | $-89.4M | $-18.0M | ||
| Q4 24 | $1.1B | $47.0M | ||
| Q3 24 | $-113.4M | $-198.0M | ||
| Q2 24 | $90.1M | — |
自由现金流率DECKSNDK
| Q1 26 | — | 32.4% | ||
| Q4 25 | 52.1% | 19.0% | ||
| Q3 25 | -1.0% | — | ||
| Q2 25 | 1.3% | — | ||
| Q1 25 | -8.8% | -1.1% | ||
| Q4 24 | 58.6% | 2.5% | ||
| Q3 24 | -8.6% | -10.5% | ||
| Q2 24 | 10.9% | — |
资本支出强度DECKSNDK
| Q1 26 | — | 1.3% | ||
| Q4 25 | 1.1% | 2.2% | ||
| Q3 25 | 1.5% | — | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | 1.6% | 2.6% | ||
| Q4 24 | 1.3% | 2.6% | ||
| Q3 24 | 1.7% | 3.6% | ||
| Q2 24 | 2.7% | — |
现金转化率DECKSNDK
| Q1 26 | — | 1.27× | ||
| Q4 25 | 2.17× | 4.36× | ||
| Q3 25 | 0.03× | — | ||
| Q2 25 | 0.26× | — | ||
| Q1 25 | -0.48× | — | ||
| Q4 24 | 2.40× | 0.91× | ||
| Q3 24 | -0.37× | -0.62× | ||
| Q2 24 | 0.97× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
DECK
| UGG Brand Segment | $1.3B | 67% |
| Hoka Brand Segment | $628.9M | 32% |
| Other Brands Segment | $23.2M | 1% |
SNDK
| Edge | $1.7B | 55% |
| Consumer | $907.0M | 30% |
| Datacenter | $440.0M | 15% |
