Filing Flows › Columbia Sportswear (COLM) › Q1 2025
Columbia Sportswear (COLM) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Columbia Sportswear (COLM) reported revenue of $778M for the first quarter 2025 (Q1 2025), +1% from a year earlier and -29% from the quarter before. Operating margin was 6.0%, net earnings $42.2M (5.4% of revenue).
Columbia Sportswear, Q1 2025: revenue $778M (+1% year over year), operating margin 6.0%, net earnings $42.2M, operating cash flow −$32.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $778M | -29% | +1% |
| Gross profit | $396M | -29% | +2% |
| Operating profit | $46.5M | -66% | +4% |
| Net earnings | $42.2M | -59% | -0.1% |
| Operating cash flow | −$32.0M | — | — |
What changed
Revenue was $778.5M in Q1 2025, up 1% year over year and down 29% from the previous quarter. Apparel, Accessories and Equipment was the largest line at 81% of revenue. Apparel, Accessories and Equipment added $9.8M year over year (up 2%), 115% of the total change. Footwear declined 1%.
Gross margin was 50.9%, up 0.3 points from a year earlier. Operating profit was $46.5M, a 6.0% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 22% reached operating profit, above the 6% margin then. Operating expenses grew 1% against revenue growth of 1%. Net earnings were $42.2M, roughly flat year over year. The effective tax rate was 23.0%.
Operating cash flow was −$32.0M. Non-cash charges added back $13.5M of depreciation and amortization and $5.2M of share-based compensation. Working capital and other items used $93.0M. Capital expenditures of $15.6M exceeded it, leaving free cash flow of −$47.6M.
Questions
What was Columbia Sportswear's revenue in the first quarter 2025?
Columbia Sportswear (COLM) reported revenue of $778M for the first quarter 2025 (Q1 2025), +1% from a year earlier and -29% from the quarter before.
Was Columbia Sportswear profitable in the first quarter 2025?
Operating profit was $46.5M (6.0% of revenue) and net earnings $42.2M.