Filing Flows › Academy Sports & Outdoors (ASO) › Q2 FY27 › vs Q2 FY26
Academy Sports & Outdoors (ASO) Q2 FY27 vs Q2 FY26 (year over year)
Academy Sports & Outdoors's revenue rose $47.4M (+3%) from $1.6B in Q2 FY26 to $1.6B in Q2 FY27. The biggest changes: Total merchandise sales +$40.5M (+3%); Other sales +$7.0M (+103%). Gross margin 40.4% against 36.0% (+4.4 pts).
Academy Sports & Outdoors, Q2 FY27: revenue $1.6B (+3% year over year), operating margin 15.0%, net earnings $138M, operating cash flow $188M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 40.4% | 36.0% | +4.4 pts |
| Operating margin | 15.0% | 10.8% | +4.2 pts |
| Net margin | 8.4% | 7.8% | +0.5 pts |
| Free cash flow margin | 7.0% | 1.4% | +5.7 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Outdoors | $469M | $449M | $19.7M | +4% |
| Apparel | $452M | $451M | $736K | +0.2% |
| Sports and recreation | $393M | $370M | $23.4M | +6% |
| Footwear | $320M | $323M | −$3.3M | -1% |
| Total merchandise sales | $1.6B | $1.6B | $40.5M | +3% |
| Other sales | $13.7M | $6.7M | $7.0M | +103% |
| Revenue | $1.6B | $1.6B | $47.4M | +3% |
| Gross profit | $666M | $577M | $89.2M | +15% |
| Cost of revenue | $981M | $1.0B | −$41.7M | -4% |
| Operating profit | $246M | $172M | $74.0M | +43% |
| Operating expenses | $420M | $404M | $15.2M | +4% |
| Pre-tax earnings | $178M | $165M | $13.6M | +8% |
| Other expense, net | $68.0M | $7.5M | $60.4M | +800% |
| Net earnings | $138M | $125M | $12.5M | +10% |
| Income tax | $40.5M | $39.4M | $1.1M | +3% |
| Depreciation & amortization | $30.4M | $31.0M | −$573K | -2% |
| Share-based compensation | $9.3M | $7.6M | $1.7M | +23% |
| Working capital & other | $10.8M | −$85.5M | $96.2M | — |
| Operating cash flow | $188M | $78.6M | $110M | +140% |
| Adjusted Free Cash Flow (company-reported) | $116M | $21.7M | $94.3M | +435% |
| Net cash used in investing activities | $72.5M | $56.9M | $15.6M | +27% |
Questions
How much did Academy Sports & Outdoors's revenue grow year over year in Q2 FY27?
Academy Sports & Outdoors's revenue rose $47.4M (+3%) from $1.6B in Q2 FY26 to $1.6B in Q2 FY27.
What drove Academy Sports & Outdoors's revenue change in Q2 FY27?
Total merchandise sales +$40.5M (+3%); Other sales +$7.0M (+103%).