Filing Flows › Academy Sports & Outdoors (ASO) › Q4 FY26
Academy Sports & Outdoors (ASO) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Mar 17, 2026
Academy Sports & Outdoors (ASO) reported revenue of $1.7B for the fourth quarter fiscal 2026 (Q4 FY26), +2% from a year earlier and +24% from the quarter before. Operating margin was 9.9%, net earnings $134M (7.8% of revenue).
Academy Sports & Outdoors, Q4 FY26: revenue $1.7B (+2% year over year), operating margin 9.9%, net earnings $134M, operating cash flow $150M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | +24% | +2% |
| Gross profit | $577M | +17% | +7% |
| Operating profit | $170M | +69% | +10% |
| Net earnings | $134M | +87% | 0% |
| Operating cash flow | $150M | +205% | +7% |
| Free cash flow | $107M | — | +40% |
What changed
Revenue was $1.7B in Q4 FY26, up 2% year over year and up 24% from the previous quarter.
Gross margin was 33.6%, up 1.3 points from Q4 FY25. Operating profit was $0.17B, a 9.9% margin (up 0.7 points year over year). Of the extra revenue versus Q4 FY25, 37% reached operating profit, above the 9% margin then. Operating expenses grew 5% against revenue growth of 2%. Net earnings were $0.13B, roughly flat year over year. The effective tax rate was 18.6%.
Operating cash flow was $0.15B (up 7% year over year), 112% of net earnings. Non-cash charges added back $0.03B of depreciation. Working capital and other items used $0.01B. Capital expenditures of $0.04B left free cash flow of $0.11B.
Questions
What was Academy Sports & Outdoors' revenue in the fourth quarter fiscal 2026?
Academy Sports & Outdoors (ASO) reported revenue of $1.7B for the fourth quarter fiscal 2026 (Q4 FY26), +2% from a year earlier and +24% from the quarter before.
Was Academy Sports & Outdoors profitable in the fourth quarter fiscal 2026?
Operating profit was $170M (9.9% of revenue) and net earnings $134M.