NYSE$AS

Amer Sports Inc · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Amer Sports Q1 2026: $1.95B revenue (+32%), Arc'teryx-led growth across all segments

Amer Sports, Inc. reported Q1 2026 results for the quarter ended March 31, 2026, with revenue rising 32.1% to $1,945.5 million driven by broad-based growth across Technical Apparel, Outdoor Performance, and Ball & Racquet Sports. Net income attributable to equity holders increased to $164.6 million (8.5% margin) from $134.6 million a year ago, while adjusted EBITDA grew 44.4% to $432.4 million (22.2% margin). Direct-to-consumer revenue surged 44.6% and Greater China led regional growth at 44.5%. Gross margin expanded to 59.9% from 57.8%, reflecting favorable channel, region, product and brand mix.

  • Q1 revenue was $1,945.5 million (+32.1% YoY); constant-currency revenue rose 26.2%.
  • Net income attributable to equity holders was $164.6 million; diluted EPS was $0.29.
  • Adjusted EBITDA grew to $432.4 million (22.2% margin); adjusted net income was $218.0 million.
  • Technical Apparel revenue rose to $885.0 million; Outdoor Performance to $713.6 million; Ball & Racquet Sports to $346.9 million.
  • DTC revenue increased 44.6% to $1,001.5 million; Greater China revenue grew 44.5% to $644.5 million.

Headline financials

Total Revenue

$1.95B

Previous: $1.47B+32.1%
EPS (adj)

$0.29

Previous: $0.27+7.4%
Direct-to-Consumer Revenue

$1B

No prior period
Adjusted EBITDA

$432M

No prior period
Gross Margin

59.9%

Previous: 57.8%+3.6%
Net Income

$165M

Previous: $138M+19.2%
Operating Income

$321M

Previous: $214M+49.9%
Gross Profit

$1.17B

Previous: $851M+36.9%

Revenue & EPS history

Amer Sports Inc · Revenue · Quarterly

$1.95B

Q1 2026+32.1%vs Q1 2025
Beat estimate in 3 of 7 quarters(43%)
ActualEstimate

Revenue by segment

Amer Sports Inc · $1.95B total across 3 segments · Q1 2026

  • Technical Apparel
    $885M+33.3%
  • Outdoor Performance
    $714M+42.2%
  • Ball & Racquet Sports (Wilson portfolio)
    $347M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 7 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.7%

Avg return

Earnings day

+6.7%

Avg return

5 days after

+7.4%

Avg return

30 days after

56%

5 / 9 earnings

Positive

+14.6%

Q2 2024

Best reaction

-12.6%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.9%
Q4 2025-3.2%-6.2%-21.4%
Q3 2025+8.4%+10.7%+24.1%
Q2 2025-4.9%+10.6%+1.0%
Q1 2025+0.8%+18.0%+15.3%
Q3 2024+7.3%+24.4%+40.7%
Q2 2024+14.6%+14.3%+21.7%
Q1 2024-6.4%-7.5%-11.6%
Q4 2023-12.6%-10.7%-10.6%
Q3 2023
Q2 2023
Q1 2023
Q4 2022
Q3 2022

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