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Clarus (CLAR) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Clarus (CLAR) Q3 2026 earnings results →
Q3 2026 Revenue up 3% year over year to $71.2M · 5¢ of every $1 of revenue kept as net profit · operating margin 4.7%
Clarus made $71.2M in Q3 2026 (+3% Y/Y). Operating margin 4.7%, net earnings $3.3M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $71.2M in Q3 2026, up 3% year over year and up 27% from the previous quarter.
Gross margin was 41.0%, up 5.9 points from Q3 2025. Operating profit was $3.3M, a 4.7% margin (up 9.0 points year over year). Operating expenses fell 6% while revenue rose 3%. Net earnings were $3.3M. The effective tax rate was 11.5%.
Operating cash flow was −$6.2M. Non-cash charges added back $2.8M of depreciation and amortization and $38K of share-based compensation. Working capital and other items used $12.3M. Capital expenditures of $1.2M exceeded it, leaving free cash flow of −$7.4M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 5, 2026 | $71.2M | +3% | 4.7% | $3.3M | −$6.2M |
| Q2 2026 | 10-Q | Aug 6, 2026 | $56.2M | +2% | 8.1% | $4.7M | $1.7M |
| Q1 2026 | 10-Q | May 7, 2026 | $61.9M | +2% | -9.8% | −$3.3M | −$4.1M |
| Q4 2025 | 10-K | Mar 5, 2026 | $65.4M | -8% | -59.6% | −$31.3M | $12.5M |
| Q3 2025 | 10-Q | Nov 6, 2025 | $69.3M | +3% | -4.4% | −$1.6M | −$5.7M |
| Q2 2025 | 10-Q | Jul 31, 2025 | $55.2M | -2% | -19.7% | −$8.4M | −$9.4M |
| Q1 2025 | 10-Q | May 8, 2025 | $60.4M | -13% | -11.2% | −$5.2M | −$2.1M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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Customers and suppliers named in filings
Sells to
- Recreational Equipment Inc — 10% of its revenue · Stated in 10-K (XBRL) · source
About Clarus
Headquartered in Salt Lake City, Utah, Clarus Corporation (which may be referred to herein as the “Company,” “Clarus,” “we,” “our” or “us”) is a global leading designer, developer, manufacturer and distributor of best-in-class outdoor equipment and lifestyle products focused on the outdoor enthusiast markets. Each of our brands has a long history of continuous product innovation for core and everyday users alike. The Company’s products are principally sold globally under the Black Diamond®, Rhino-Rack®, MAXTRAX®, TRED Outdoors®, and RockyMounts® brand names through outdoor specialty and online retailers, our own websites, distributors and original equipment manufacturers. We believe that our portfolio of iconic brands is well-positioned for sustainable, long-term growth underpinned by industry trends across the outdoor and adventure sport end markets.
In its own words, from its 10-K, filed Mar 5, 2026.
Clarus against its Sporting & Athletic Goods, NEC peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +3% against the peers' median +2%. Operating margin: 4.7% against the peers' median 10.2%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| CLAR Clarus | Q3 2026 | $71.2M | +3% | 4.7% |
| GOLF Acushnet Holdings | Q3 2026 | $649M | -1% | 12.4% |
| PTON Peloton Interactive | Q1 FY27 | $559M | +2% | 20.8% |
| YETI Yeti Holdings | Q2 2026 | $484M | +8% | 19.3% |
| CALY Callaway Golf | Q3 2026 | $437M | -6% | 10.2% |
| JOUT Johnson Outdoors | Q3 FY26 | $190M | +5% | 9.7% |
| SBDS Solo Brands | Q2 2026 | $88.5M | -4% | 4.0% |
| ESCA Escalade | Q3 2026 | $65.6M | -3% | 13.2% |
| AOUT American Outdoor Brands | Q1 FY27 | $37.3M | +25% | -5.7% |
Source: Clarus 10-Q on SEC EDGAR · CIK 913277 · Sporting & Athletic Goods, NEC
Guidance and outlook
13F: who owns CLAR and who is buying
More on CLAR
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results