Filing Flows › Columbia Sportswear (COLM) › Q3 2026
Columbia Sportswear (COLM) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Columbia Sportswear (COLM) reported revenue of $963M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +57% from the quarter before. Operating margin was 11.4%, net earnings $84.7M (8.8% of revenue).
Columbia Sportswear, Q3 2026: revenue $963M (+2% year over year), operating margin 11.4%, net earnings $84.7M, operating cash flow −$318M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $963M | +57% | +2% |
| Gross profit | $479M | +34% | +2% |
| Operating profit | $110M | +255% | +63% |
| Net earnings | $84.7M | +219% | +63% |
| Operating cash flow | −$318M | -377% | — |
What changed
Revenue was $962.6M in Q3 2026, up 2% year over year and up 57% from the previous quarter. Apparel, Accessories and Equipment was the largest line at 77% of revenue. Apparel, Accessories and Equipment added $9.6M year over year (up 1%), 50% of the total change.
Gross margin was 49.8%, down 0.2 points from Q3 2025. Operating profit was $109.6M, a 11.4% margin (up 4.2 points year over year). Of the extra revenue versus Q3 2025, 220% reached operating profit, above the 7% margin then. Operating expenses fell 9% while revenue rose 2%. Net earnings were $84.7M, up 63% year over year. The effective tax rate was 24.0%.
Operating cash flow was −$318.0M. Non-cash charges added back $13.6M of depreciation and amortization and $6.9M of share-based compensation. Working capital and other items used $423.2M. Capital expenditures of $15.0M exceeded it, leaving free cash flow of −$333.0M.
Questions
What was Columbia Sportswear's revenue in the third quarter 2026?
Columbia Sportswear (COLM) reported revenue of $963M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +57% from the quarter before.
Was Columbia Sportswear profitable in the third quarter 2026?
Operating profit was $110M (11.4% of revenue) and net earnings $84.7M.