NYSE$AS

Amer Sports Inc · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Amer Sports Inc reported strong Q2 2026 results with 32% revenue growth and raised full-year guidance.

Amer Sports delivered robust second quarter 2026 performance, with revenue rising 32% year-over-year to $1.633 billion. All segments achieved double-digit growth, gross margin expanded significantly, and the company raised its full-year revenue, margin, and EPS outlook amid continued momentum.

  • Revenue increased 32% to $1,633 million (30% constant currency), exceeding expectations.
  • Gross margin rose 710 bps to 65.6%, with adjusted operating margin up 730 bps to 12.8%.
  • Net income attributable to equity holders reached $107 million ($0.18 EPS); adjusted net income $127 million ($0.22 adjusted EPS).
  • Company raised full-year 2026 revenue, margin, and EPS guidance due to broad-based momentum across segments and regions.

Headline financials

Total Revenue

$1.63B

Previous: $1.24B+32.1%
EPS (adj)

$0.22

Previous: $0.06+266.7%
Gross Margin

65.6%

Previous: 58.5%+12.1%
Adjusted Operating Margin

12.8%

Previous: 5.5%+132.7%
Adjusted EBITDA

$312M

No prior period
Net Income

$107M

Previous: $18.2M+487.9%
Operating Income

$192M

Previous: $43.7M+339.4%
Cash & Equivalents

$720M

No prior period

Revenue & EPS history

Amer Sports Inc · Revenue · Quarterly

$1.63B

Q2 2026+32.1%vs Q2 2025
Beat estimate in 4 of 8 quarters(50%)
ActualEstimate

Forward guidance

Raised full-year 2026 revenue, margin, and EPS guidance on strong momentum.

Tailwinds

  • Broad-based double-digit growth across all segments, regions, and channels.
  • Continued premium sports and outdoor market strength.
  • Strong DTC and omni-channel performance.

Historical earnings impact

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

Avg. return before/after earnings

Based on 7 quarterly earnings reports

Historical avg

+0.7%

Avg return

Earnings day

+6.6%

Avg return

5 days after

+7.8%

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
Q2 2026
Q1 2026+1.9%+6.2%+11.0%
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

Discussion

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