Amer Sports, Inc. (AS) Income Statement
AS FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsAS revenue and net income
Where AS's revenue goes
FY2025Each bar shows an amount and its share of revenue. AS kept 6.5% of revenue as net income.
AS profit margins
AS growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +26.7% | +22.5% | +21.8% | — |
| Gross profit | +31.8% | +28.4% | +26.9% | — |
| Operating income | +44.4% | +137.7% | +40.3% | — |
| Net income | +488.7% | — | — | — |
| EPS (diluted) | +418.8% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
AS quarterly EPS vs estimates
Amer Sports beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 17, 2026 (estimate $0.34).
AS income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | $6.57B | $5.18B | $4.40B | $3.57B | $3.07B | $2.45B |
| Cost of revenue | $2.78B | $2.31B | $2.09B | $1.79B | $1.56B | $1.30B |
| Gross profit | $3.78B | $2.87B | $2.31B | $1.79B | $1.51B | $1.15B |
| Sales, general & admin | $3.10B | $2.43B | $1.98B | $1.52B | $1.33B | $1.01B |
| Total operating expenses | $3.10B | $2.40B | $2.01B | $1.74B | $1.32B | $1.02B |
| Operating income | $679.7M | $470.8M | $302.5M | $50.6M | $186.9M | $125.1M |
| Interest income | $6.4M | $8.8M | $10.5M | $9.5M | $1.6M | $1.0M |
| Interest expense | $97.7M | $230.8M | $401.7M | $248.9M | $278.6M | $272.4M |
| Income before taxes | $624.5M | $161.2M | −$104.6M | −$182.6M | −$89.8M | −$147.4M |
| Income taxes | $184.1M | $82.8M | $104.2M | $48.3M | $34.7M | $26.2M |
| Net income | $427.4M | $72.6M | −$208.6M | −$252.7M | −$126.3M | −$237.2M |
| EBITDA | $1.11B | $653.8M | $518.0M | $258.3M | $381.6M | $342.7M |
| EPS (diluted) | $0.83 | $0.16 | −$0.43 | −$0.52 | — | — |
| Gross margin | 57.6% | 55.4% | 52.5% | 50.0% | 49.1% | 47.0% |
| Operating margin | 10.4% | 9.1% | 6.9% | 1.4% | 6.1% | 5.1% |
| Net margin | 6.5% | 1.4% | −4.7% | −7.1% | −4.1% | −9.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.63B | $1.95B | $2.10B | $1.76B | $1.24B | $1.47B | $1.64B | $1.35B | $1.00B | $1.19B | $1.31B | $1.15B |
| Cost of revenue | $561.0M | $780.1M | $889.0M | $758.1M | $513.4M | $621.4M | $718.0M | $606.5M | $442.5M | $544.4M | $631.8M | $564.9M |
| Gross profit | $1.07B | $1.17B | $1.21B | $998.2M | $722.9M | $851.1M | $917.5M | $747.3M | $558.9M | $648.1M | $683.3M | $588.2M |
| Sales, general & admin | $909.2M | $856.2M | $988.3M | $776.6M | $697.8M | $641.9M | $494.3M | $165.1M | $329.2M | $534.2M | $633.5M | $488.1M |
| Total operating expenses | $901.8M | $852.1M | $988.3M | $782.3M | $679.2M | $636.9M | $723.9M | $570.6M | $567.4M | $539.1M | $623.3M | $483.5M |
| Operating income | $169.8M | $313.3M | $223.8M | $215.9M | $43.7M | $214.2M | $193.6M | $176.7M | −$8.5M | $109.0M | $59.9M | $104.7M |
| Interest income | $5.4M | $2.7M | $2.0M | $1.5M | $1.4M | $1.5M | $2.5M | $1.1M | $2.5M | $2.7M | $6.0M | $1.4M |
| Interest expense | $20.0M | $24.9M | $20.1M | $25.6M | $30.0M | $22.0M | $64.1M | $48.9M | $47.7M | $68.3M | $105.1M | $109.4M |
| Income before taxes | $160.8M | $240.6M | $207.4M | $197.7M | $21.8M | $197.6M | $70.9M | $128.9M | −$53.7M | $15.1M | −$55.1M | −$3.3M |
| Income taxes | $43.0M | $70.5M | $73.9M | $51.3M | −$600,000 | $59.5M | $53.8M | $72.7M | −$51.9M | $8.2M | $39.8M | $32.6M |
| Net income | $107.2M | $164.6M | $131.5M | $143.1M | $18.2M | $134.6M | $15.4M | $55.8M | −$3.7M | $5.1M | −$93.0M | −$37.7M |
| EBITDA | $282.3M | $368.1M | $333.8M | $342.1M | $133.2M | $256.2M | $188.1M | $244.2M | $51.7M | $145.9M | $120.8M | $160.2M |
| EPS (diluted) | $0.22 | $0.38 | $0.31 | $0.33 | $0.06 | $0.27 | $0.17 | $0.14 | $0.05 | $0.08 | −$0.11 | — |
| Gross margin | 65.6% | 59.9% | 57.7% | 56.8% | 58.5% | 57.8% | 56.1% | 55.2% | 55.8% | 54.3% | 52.0% | 51.0% |
| Operating margin | 10.4% | 16.1% | 10.7% | 12.3% | 3.5% | 14.5% | 11.8% | 13.1% | −0.8% | 9.1% | 4.6% | 9.1% |
| Net margin | 6.6% | 8.5% | 6.3% | 8.1% | 1.5% | 9.1% | 0.9% | 4.1% | −0.4% | 0.4% | −7.1% | −3.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AS's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AS financial results
In fiscal year 2025 (ended September 30, 2025), Amer Sports reported revenue of $6.6 billion, up 26.7% from the year before. It had net income of $427.4 million (up 488.7%), a net profit margin of 6.5%. Diluted earnings per share came to $0.83. Over five years revenue grew at an average rate of 21.8% a year.
See the AS stock overview for the latest quote and news, or the AS chart for price history and technical indicators.
AS income statement FAQ
What is Amer Sports's annual revenue?
Amer Sports reported total revenue of $6.6 billion for fiscal year 2025, which ended on September 30, 2025. That was up 26.7% from $5.2 billion the previous year.
Is Amer Sports profitable?
Yes. Amer Sports reported net income of $427.4 million in fiscal 2025, a net profit margin of 6.5%; its operating margin was 10.4%.
What is Amer Sports's gross margin?
Amer Sports's gross margin was 57.6% in fiscal 2025: for every $100 of revenue, Amer Sports kept $58 after the direct cost of its products and services.
How fast is Amer Sports growing?
Revenue grew 21.8% a year on average over the last five fiscal years, from $2.4 billion to $6.6 billion.
What are Amer Sports's earnings per share?
Amer Sports earned $0.83 per diluted share in fiscal 2025, compared with $0.16 a year earlier.
When will Amer Sports report its next earnings?
Amer Sports is expected to report results for the quarter ending September 30, 2026 on November 17, 2026 before the market opens.
When does Amer Sports's fiscal year end?
Amer Sports's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on February 26, 2026.