Amer Sports Inc · Q3 2025 earnings

Briefing

Amer Sports Q3 revenue up 30% to $1.76B; Arc'teryx and Greater China lead segment growth

Amer Sports reported Q3 2025 revenue of $1,756.3 million, up 29.7% year over year (28.5% on a constant-currency basis), driven by broad-based growth across Technical Apparel, Outdoor Performance, and Ball & Racquet Sports. Net income attributable to equity holders was $143.1 million with net income margin of 8.1%, up from $55.8 million and 4.1% in Q3 2024. Adjusted EBITDA grew to $353.2 million (20.1% margin) and adjusted net income attributable to equity holders was $185.4 million. Diluted EPS was $0.25 versus $0.11 a year ago. Technical Apparel revenue was $683.3 million (+31.4%), Outdoor Performance was $723.5 million (+35.6%), and Ball & Racquet Sports was $349.5 million (+16.4%). Greater China revenue surged 47.5% to $461.5 million. The filing included management's discussion and analysis as Exhibit 99.1 with unaudited interim financial statements in Exhibit 99.2.

• Q3 revenue was $1,756.3 million (+29.7% YoY); constant-currency revenue grew 28.5%.
• Net income attributable to equity holders was $143.1 million; diluted EPS was $0.25 versus $0.11.
• Adjusted EBITDA was $353.2 million (20.1% margin); adjusted net income was $185.4 million.
• Technical Apparel revenue rose to $683.3 million; Greater China revenue jumped 47.5% to $461.5 million.
• Americas revenue was $574.2 million (+17.7%); EMEA grew 23.3% to $528.5 million.

Headline financials

Revenue & EPS history