Filing Flows › Columbia Sportswear (COLM) › Q4 2025
Columbia Sportswear (COLM) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 25, 2026
Columbia Sportswear (COLM) reported revenue of $1.1B for the fourth quarter 2025 (Q4 2025), -2% from a year earlier and +13% from the quarter before. Operating margin was 10.9%, net earnings $93.2M (8.7% of revenue).
Columbia Sportswear, Q4 2025: revenue $1.1B (-2% year over year), operating margin 10.9%, net earnings $93.2M, operating cash flow $616M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +13% | -2% |
| Gross profit | $552M | +17% | -2% |
| Operating profit | $117M | +73% | -15% |
| Net earnings | $93.2M | +79% | -9% |
| Operating cash flow | $616M | — | +9% |
| Free cash flow | $597M | — | +9% |
What changed
Revenue was $1.1B in Q4 2025, down 2% year over year and up 13% from the previous quarter. Apparel, Accessories and Equipment was the largest line at 80% of revenue.
Gross margin was 51.6%, up 0.4 points from a year earlier. Operating profit was $0.12B, a 10.9% margin (down 1.6 points year over year). Operating expenses grew 3% against a revenue fall of 2%. Net earnings were $0.09B, down 9% year over year. The effective tax rate was 22.6%.
Operating cash flow was $0.62B (up 9% year over year), 662% of net earnings. Non-cash charges added back $0.01B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.50B. Capital expenditures of $0.02B left free cash flow of $0.60B.
Questions
What was Columbia Sportswear's revenue in the fourth quarter 2025?
Columbia Sportswear (COLM) reported revenue of $1.1B for the fourth quarter 2025 (Q4 2025), -2% from a year earlier and +13% from the quarter before.
Was Columbia Sportswear profitable in the fourth quarter 2025?
Operating profit was $117M (10.9% of revenue) and net earnings $93.2M.