Filing Flows › Academy Sports & Outdoors (ASO) › Q1 FY27 › vs Q4 FY26
Academy Sports & Outdoors (ASO) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Academy Sports & Outdoors's revenue fell $276M (-16%) from $1.7B in Q4 FY26 to $1.4B in Q1 FY27. Gross margin 33.2% against 33.6% (-0.3 pts).
Academy Sports & Outdoors, Q1 FY27: revenue $1.4B (+7% year over year), operating margin 5.2%, net earnings $52.7M, operating cash flow $161M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 33.2% | 33.6% | -0.3 pts |
| Operating margin | 5.2% | 9.9% | -4.7 pts |
| Net margin | 3.7% | 7.8% | -4.1 pts |
| Free cash flow margin | 8.4% | 6.2% | +2.2 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $1.4B | $1.7B | −$276M | -16% |
| Gross profit | $479M | $577M | −$97.3M | -17% |
| Cost of revenue | $963M | $1.1B | −$179M | -16% |
| Operating profit | $74.7M | $170M | −$95.5M | -56% |
| Operating expenses | $405M | $406M | −$1.8M | -0.4% |
| Pre-tax earnings | $68.9M | $164M | −$95.3M | -58% |
| Other expense, net | $5.8M | $6.0M | −$211K | -4% |
| Net earnings | $52.7M | $134M | −$81.0M | -61% |
| Income tax | $16.2M | $30.5M | −$14.3M | -47% |
| Depreciation & amortization | $30.8M | $30.8M | −$34K | -0.1% |
| Share-based compensation | $11.1M | $0 | $11.1M | — |
| Working capital & other | $66.0M | −$14.7M | $80.8M | — |
| Operating cash flow | $161M | $150M | $10.9M | +7% |
| Free cash flow (OCF − capex) | $122M | $107M | $14.5M | +14% |
| Capital expenditures | $38.9M | $42.5M | −$3.6M | -8% |
Questions
How much did Academy Sports & Outdoors's revenue grow quarter over quarter in Q1 FY27?
Academy Sports & Outdoors's revenue fell $276M (-16%) from $1.7B in Q4 FY26 to $1.4B in Q1 FY27. Gross margin 33.2% against 33.6% (-0.3 pts).