Filing Flows

Filing Flows › Johnson Outdoors (JOUT) › How it makes money

How Johnson Outdoors (JOUT) makes money

Johnson Outdoors (JOUT) made $189M of revenue in the third quarter fiscal 2026 (Q3 FY26), +5% from a year earlier. Fishing brought in $150M (79%); Diving brought in $23.3M (12%); Camping & Watercraft Recreation brought in $16.4M (9%). Of every dollar of revenue, 45¢ was left as gross profit, 10¢ was left as operating profit, 8¢ was left as net earnings.

Drawing the Sankey…

Johnson Outdoors revenue by segment, Q3 FY26Johnson Outdoors revenue by segment, Q3 FY26Fishing$150MDiving$23.3MCamping & Watercraft Recreation$16.4M
Johnson Outdoors: revenue by line, Q1 FY26 to Q3 FY26Johnson Outdoors: revenue by line, Q1 FY26 to Q3 FY26FishingDivingCamping & Watercraft …Fishing: $150M latest$150MDiving: $23.3M latest$23.3MCamping & Watercraft Recreation: $16.4M latest$16.4MQ1 FY26Q2 FY26Q3 FY26
The mix barely moved between Q1 FY26 and Q3 FY26.
Johnson Outdoors revenue by quarterJohnson Outdoors revenue by quarter$106MQ4 FY24$168MQ2 FY25$181MQ3 FY25$136MQ4 FY25$141MQ1 FY26$194MQ2 FY26$190MQ3 FY26
Johnson Outdoors: where each dollar of revenue goesJohnson Outdoors: where each dollar of revenue goesCost of revenue55¢Gross profit45¢Operating expenses36¢Operating profit10¢Income tax4¢Net earnings8¢Operating cash flow41¢Free cash flow38¢

Revenue by segment, Q3 FY26

SegmentRevenueShareQ/QY/Y
Fishing$150M79.0%-6%+7%
Diving$23.3M12.3%+35%+10%
Camping & Watercraft Recreation$16.4M8.7%-9%-13%

Where each dollar of revenue goes

LineQ3 FY26% of revenue
Revenue$189M100.0%
Cost of revenue$104M54.9%
Gross profit$85.9M45.4%
Operating expenses$67.6M35.7%
Operating profit$18.3M9.7%
Income tax$8.3M4.4%
Net earnings$14.9M7.9%
Operating cash flow$77.7M41.1%
Free cash flow$71.8M38.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 FY26$190M+5%
Q2 FY26$194M+16%
Q1 FY26$141M+31%
Q4 FY25$136M+28%
Q3 FY25$181M+5%
Q2 FY25$168M-4%
Q4 FY24$106M+10%

From Johnson Outdoors' 10-Q filed Aug 7, 2026 (on EDGAR).

Questions

How does Johnson Outdoors make money?

Johnson Outdoors (JOUT) made $189M of revenue in the third quarter fiscal 2026 (Q3 FY26), +5% from a year earlier. Fishing brought in $150M (79%); Diving brought in $23.3M (12%); Camping & Watercraft Recreation brought in $16.4M (9%). Of every dollar of revenue, 45¢ was left as gross profit, 10¢ was left as operating profit, 8¢ was left as net earnings.

What is Johnson Outdoors' biggest business?

Fishing: $150M in the third quarter fiscal 2026, 79% of revenue, +7% from a year earlier.

What is Johnson Outdoors' profit margin?

Net earnings were $14.9M, 7.9% of revenue, in the third quarter fiscal 2026; the operating margin was 9.7%.

Open the interactive view →

Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.