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Nasdaq · Consumer Discretionary

Academy Sports & Outdoors, Inc. (ASO)

As-reported financials and SEC filings for Academy Sports & Outdoors, Inc. The latest annual period is FY2025. The latest reported quarter is Q1 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Academy Sports & Outdoors, Inc.

Academy Sports & Outdoors, Inc. operates as a full-line sporting goods and outdoor recreation retailer in the United States. The company offers a broad assortment of products including outdoor gear, sports and recreation equipment, apparel, and footwear through both national brands and private label brands. It serves a diverse customer base primarily in the southern U.S. with 322 stores across 21 states and an omnichannel shopping experience including buy-online-pickup-in-store options.

Snapshot

Revenue
$6.05B
Revenue growth (YoY)
2.0%
Net income
$376.8M
Diluted EPS
$5.54
Gross margin
34.8%
Operating margin
8.5%
Net margin
6.2%
FCF margin
3.7%
ROE
17.4%
net income / fiscal-year-end equity
P/E
7.7×
trailing when available, otherwise FY EPS
Market cap
$2.66B
Long-term debt / equity
0.22×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended January 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Academy Sports & Outdoors

  • Revenue grew 2.0% to $6.1B in FY2025, after a 3.7% decline the year before.
  • Operating margin is 8.5% in FY2025, -4.9 pp against 13.4% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $1.4B, up 6.7% from Q1 FY2025.
  • Free cash flow was $222M in FY2025, 3.7% of revenue.
  • Net income fell 10.0% to $377M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Academy Sports & Outdoors’s fundamentals sit among the 403 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin34.8%
49th percentile of 275
Operating margin8.5%
69th percentile of 348
Net margin6.2%
70th percentile of 377
FCF margin3.7%
47th percentile of 351
Revenue growth (YoY)+2.0%
43rd percentile of 394
ROE17.4%
73rd percentile of 343
P/E7.7×
12th percentile of 249
Long-term debt / equity0.22×
28th percentile of 234
Short interest7.00d
80th percentile of 401

Academy Sports & Outdoors’s P/E of 7.7 ranks in the 12th percentile of the 249 peers with a meaningful P/E.

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $57,600. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+7 quant / multi-strat
Initiated / added
7
4 new, 3 added
Reduced / exited
3
2 trimmed, 1 exited
Combined position
$48.2M
reported long value
InvestorAs ofPosition valueSharesChange
Point72 Asset ManagementquantQ2 2026$14.7M311.5KAdded
Renaissance TechnologiesquantQ2 2026$12.8M270.6KNew
Bridgewater AssociatesQ2 2026$8.8M185.8KAdded
AQR Capital ManagementquantQ2 2026$4.5M95.0KReduced
Millennium ManagementquantQ2 2026$3.3M70.8KNew
Citadel AdvisorsquantQ2 2026$2.2M45.9KReduced
Two Sigma InvestmentsquantQ2 2026$818,03517.4KNew
D. E. ShawquantQ2 2026$747,48215.9KNew
Gotham Asset ManagementQ2 2026$439,0169.3KAdded

No longer held by: Maverick Capital (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
1
$58K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-16
filed 2026-07-17
Tweedy Jeffrey C.DirectorSell1.2K$48.00$58K
2026-04-16
filed 2026-04-17
Tweedy Jeffrey C.DirectorSell4.0K$60.00$240K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
7.6M
settled 2026-08-14
Change vs prior
-2.6%
vs previous settlement
Days to cover
7.00
at avg daily volume
Avg daily volume
1.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-147.6M-2.6%7.00
2026-07-317.8M+0.8%6.65
2026-07-157.7M-8.3%5.16
2026-06-308.4M+5.6%4.51
2026-06-158.0M+19.9%4.24
2026-05-296.7M-0.3%5.25
2026-05-156.7M-12.5%5.25
2026-04-307.6M+14.3%7.03

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$6.05B$5.93B$6.16B$6.40B$6.77B
Gross profit$2.11B$2.01B$2.11B$2.21B$2.35B
Operating income$512.2M$538.6M$677.9M$846.5M$907.9M
Net income$376.8M$418.4M$519.2M$628.0M$671.4M
Diluted EPS$5.54$5.73$6.70$7.49$7.12

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$434.8M$528.1M$535.8M$552.0M$673.3M
Capital expenditure$212.7M$199.6M$207.8M$108.3M$75.8M
Free cash flow$222.1M$328.5M$328.0M$443.7M$597.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$1.44B6.7%$52.7M$0.80
Q4 FY2025$1.72B2.5%$133.7M$1.97
Q3 FY2025$1.38B3.0%$71.6M$1.05
Q2 FY2025$1.60B3.3%$125.4M$1.85
Q1 FY2025$1.35B-0.9%$46.1M$0.68
Q4 FY2024$1.68B-6.6%$133.6M$1.88
Q3 FY2024$1.34B-3.9%$65.8M$0.92
Q2 FY2024$1.55B-2.2%$142.6M$1.95

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorConsumer Discretionary
SIC industryRetail-Miscellaneous Shopping Goods Stores
Latest annual periodFY2025 (ended January 31, 2026)
Latest reported quarterQ1 FY2026 (ended May 2, 2026)
Oldest indexed filing2020
SEC CIK1817358

Selected SEC filings

10-Q2026-06-10
View on EDGAR →
8-K2026-06-09
View on EDGAR →
8-K2026-06-04
View on EDGAR →
8-K2026-05-14
View on EDGAR →
8-K2026-05-04
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.