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Deckers Brands（DECK）与Atlassian Corp（TEAM）财务数据对比。点击上方公司名可切换其他公司
Deckers Brands的季度营收约是Atlassian Corp的1.1倍（$2.0B vs $1.8B），Deckers Brands净利率更高（24.6% vs -5.5%，领先30.1%），Atlassian Corp同比增速更快（31.7% vs 7.1%），Deckers Brands自由现金流更多（$1.0B vs $561.3M），过去两年Deckers Brands的营收复合增速更高（42.8% vs 22.6%）
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。
Dragoneer投资集团是总部位于美国加利福尼亚州旧金山的专业投资机构，专注于全球科技领域的投资布局，业务覆盖公开股票市场与私募股权市场，在全球科技投资赛道拥有丰富的运作经验和行业资源。
DECK vs TEAM — 直观对比
营收规模更大
DECK
是对方的1.1倍
$1.8B
营收增速更快
TEAM
高出24.6%
7.1%
净利率更高
DECK
高出30.1%
-5.5%
自由现金流更多
DECK
多$459.0M
$561.3M
两年增速更快
DECK
近两年复合增速
22.6%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.8B |
| 净利润 | $481.1M | $-98.4M |
| 毛利率 | 59.8% | 85.3% |
| 营业利润率 | 31.4% | 11.6% |
| 净利率 | 24.6% | -5.5% |
| 营收同比 | 7.1% | 31.7% |
| 净利润同比 | 5.3% | -39.0% |
| 每股收益（稀释后） | $3.33 | $-0.38 |
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DECKTEAM
| Q1 26 | — | $1.8B | ||
| Q4 25 | $2.0B | $1.6B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $964.5M | $1.4B | ||
| Q1 25 | $1.0B | $1.4B | ||
| Q4 24 | $1.8B | $1.3B | ||
| Q3 24 | $1.3B | $1.2B | ||
| Q2 24 | $825.3M | — |
净利润DECKTEAM
| Q1 26 | — | $-98.4M | ||
| Q4 25 | $481.1M | $-42.6M | ||
| Q3 25 | $268.2M | $-51.9M | ||
| Q2 25 | $139.2M | $-23.9M | ||
| Q1 25 | $151.4M | $-70.8M | ||
| Q4 24 | $456.7M | $-38.2M | ||
| Q3 24 | $242.3M | $-123.8M | ||
| Q2 24 | $115.6M | — |
毛利率DECKTEAM
| Q1 26 | — | 85.3% | ||
| Q4 25 | 59.8% | 85.0% | ||
| Q3 25 | 56.2% | 82.0% | ||
| Q2 25 | 55.8% | 83.1% | ||
| Q1 25 | 56.7% | 83.8% | ||
| Q4 24 | 60.3% | 82.7% | ||
| Q3 24 | 55.9% | 81.7% | ||
| Q2 24 | 56.9% | — |
营业利润率DECKTEAM
| Q1 26 | — | 11.6% | ||
| Q4 25 | 31.4% | -3.0% | ||
| Q3 25 | 22.8% | -6.7% | ||
| Q2 25 | 17.1% | -2.1% | ||
| Q1 25 | 17.0% | -0.9% | ||
| Q4 24 | 31.0% | -4.5% | ||
| Q3 24 | 23.3% | -2.7% | ||
| Q2 24 | 16.1% | — |
净利率DECKTEAM
| Q1 26 | — | -5.5% | ||
| Q4 25 | 24.6% | -2.7% | ||
| Q3 25 | 18.7% | -3.6% | ||
| Q2 25 | 14.4% | -1.7% | ||
| Q1 25 | 14.8% | -5.2% | ||
| Q4 24 | 25.0% | -3.0% | ||
| Q3 24 | 18.5% | -10.4% | ||
| Q2 24 | 14.0% | — |
每股收益（稀释后）DECKTEAM
| Q1 26 | — | $-0.38 | ||
| Q4 25 | $3.33 | $-0.16 | ||
| Q3 25 | $1.82 | $-0.20 | ||
| Q2 25 | $0.93 | $-0.08 | ||
| Q1 25 | $-2.78 | $-0.27 | ||
| Q4 24 | $3.00 | $-0.15 | ||
| Q3 24 | $1.59 | $-0.48 | ||
| 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 | $1.1B |
| 总债务越低越好 | — | $989.1M |
| 股东权益账面价值 | $2.6B | $879.0M |
| 总资产 | $4.1B | $5.7B |
| 负债/权益比越低杠杆越低 | — | 1.13× |
8季度趋势，按日历期对齐
现金及短期投资DECKTEAM
| Q1 26 | — | $1.1B | ||
| Q4 25 | $2.1B | $1.6B | ||
| Q3 25 | $1.4B | $2.8B | ||
| Q2 25 | $1.7B | $2.9B | ||
| Q1 25 | $1.9B | $3.0B | ||
| Q4 24 | $2.2B | $2.5B | ||
| Q3 24 | $1.2B | $2.2B | ||
| Q2 24 | $1.4B | — |
总债务DECKTEAM
| Q1 26 | — | $989.1M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益DECKTEAM
| Q1 26 | — | $879.0M | ||
| Q4 25 | $2.6B | $1.6B | ||
| Q3 25 | $2.5B | $1.4B | ||
| Q2 25 | $2.5B | $1.3B | ||
| Q1 25 | $2.5B | $1.4B | ||
| Q4 24 | $2.6B | $1.2B | ||
| Q3 24 | $2.2B | $1.0B | ||
| Q2 24 | $2.1B | — |
总资产DECKTEAM
| Q1 26 | — | $5.7B | ||
| Q4 25 | $4.1B | $6.2B | ||
| Q3 25 | $3.8B | $5.7B | ||
| Q2 25 | $3.8B | $6.0B | ||
| Q1 25 | $3.6B | $5.9B | ||
| Q4 24 | $4.0B | $5.4B | ||
| Q3 24 | $3.4B | $5.0B | ||
| Q2 24 | $3.3B | — |
负债/权益比DECKTEAM
| Q1 26 | — | 1.13× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| 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 | $567.5M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $561.3M |
| 自由现金流率自由现金流/营收 | 52.1% | 31.4% |
| 资本支出强度资本支出/营收 | 1.1% | 0.3% |
| 现金转化率经营现金流/净利润 | 2.17× | — |
| 过去12个月自由现金流最近4个季度 | $929.1M | $1.2B |
8季度趋势，按日历期对齐
经营现金流DECKTEAM
| Q1 26 | — | $567.5M | ||
| Q4 25 | $1.0B | $177.8M | ||
| Q3 25 | $8.1M | $128.7M | ||
| Q2 25 | $36.1M | $375.3M | ||
| Q1 25 | $-73.0M | $652.7M | ||
| Q4 24 | $1.1B | $351.9M | ||
| Q3 24 | $-90.5M | $80.5M | ||
| Q2 24 | $112.7M | — |
自由现金流DECKTEAM
| Q1 26 | — | $561.3M | ||
| Q4 25 | $1.0B | $168.5M | ||
| Q3 25 | $-13.9M | $114.6M | ||
| Q2 25 | $12.2M | $360.3M | ||
| Q1 25 | $-89.4M | $638.3M | ||
| Q4 24 | $1.1B | $342.6M | ||
| Q3 24 | $-113.4M | $74.3M | ||
| Q2 24 | $90.1M | — |
自由现金流率DECKTEAM
| Q1 26 | — | 31.4% | ||
| Q4 25 | 52.1% | 10.6% | ||
| Q3 25 | -1.0% | 8.0% | ||
| Q2 25 | 1.3% | 26.0% | ||
| Q1 25 | -8.8% | 47.0% | ||
| Q4 24 | 58.6% | 26.6% | ||
| Q3 24 | -8.6% | 6.3% | ||
| Q2 24 | 10.9% | — |
资本支出强度DECKTEAM
| Q1 26 | — | 0.3% | ||
| Q4 25 | 1.1% | 0.6% | ||
| Q3 25 | 1.5% | 1.0% | ||
| Q2 25 | 2.5% | 1.1% | ||
| Q1 25 | 1.6% | 1.1% | ||
| Q4 24 | 1.3% | 0.7% | ||
| Q3 24 | 1.7% | 0.5% | ||
| Q2 24 | 2.7% | — |
现金转化率DECKTEAM
| Q1 26 | — | — | ||
| Q4 25 | 2.17× | — | ||
| Q3 25 | 0.03× | — | ||
| Q2 25 | 0.26× | — | ||
| Q1 25 | -0.48× | — | ||
| Q4 24 | 2.40× | — | ||
| Q3 24 | -0.37× | — | ||
| 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% |
TEAM
| Cloud | $1.1B | 63% |
| Data Center | $560.7M | 31% |
| Marketplace and other (1) | $93.8M | 5% |
