Amer Sports Q4 2025 Earnings Call Highlights
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy AS?
Source: seekingalpha
- Significant Revenue Growth: Amer Sports achieved a 27% revenue increase in Q4 2025, reaching $6.6 billion, primarily driven by strong performances from the Arc'teryx and Salomon brands, showcasing the company's competitiveness in high-growth markets.
- Margin Expansion: Although the adjusted operating margin declined from 13.6% last year to 12.5%, the adjusted gross margin increased by 140 basis points to 57.8% in Q4, reflecting effective strategies in cost control and product pricing.
- Optimistic Outlook: Management anticipates overall revenue growth between 16% and 18% for 2026, with an expected adjusted gross margin of approximately 59%, demonstrating confidence in future market demand and commitment to ongoing investments.
- Increased Capital Expenditure: Amer Sports plans to raise capital expenditures to approximately $400 million in 2026, primarily for IT infrastructure and retail expansion, indicating the company's commitment to investing in long-term growth opportunities.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy AS?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on AS
Wall Street analysts forecast AS stock price to rise
13 Analyst Rating
12 Buy
1 Hold
0 Sell
Strong Buy
Current: 40.490
Low
39.80
Averages
47.06
High
58.00
Current: 40.490
Low
39.80
Averages
47.06
High
58.00
About AS
Amer Sports Inc is a Finland-based global group of sports and outdoor brands such as Arcteryx, Salomon, Wilson, Peak Performance, Atomic, Armada, ATEC, DeMarini, EvoShield and ENVE. The Company develops, manufactures, and markets sports and fitness equipment. Its products include sports equipment for tennis, badminton, soccer, baseball, basketball, golf, American football, alpine skiing, fitness training, cycling, running, hiking, snowboarding, cross-country skiing and diving. It also offers fitness equipment through factory outlets, and e-commerce companies through trade customers in sporting goods chains, mass merchants, specialty retailers, fitness clubs, and distributors. The Company operates worldwide.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Amer Sports Q4 2025 Earnings Call Highlights
- Significant Revenue Growth: Amer Sports achieved a 27% revenue increase in Q4 2025, reaching $6.6 billion, primarily driven by strong performances from the Arc'teryx and Salomon brands, showcasing the company's competitiveness in high-growth markets.
- Margin Expansion: Although the adjusted operating margin declined from 13.6% last year to 12.5%, the adjusted gross margin increased by 140 basis points to 57.8% in Q4, reflecting effective strategies in cost control and product pricing.
- Optimistic Outlook: Management anticipates overall revenue growth between 16% and 18% for 2026, with an expected adjusted gross margin of approximately 59%, demonstrating confidence in future market demand and commitment to ongoing investments.
- Increased Capital Expenditure: Amer Sports plans to raise capital expenditures to approximately $400 million in 2026, primarily for IT infrastructure and retail expansion, indicating the company's commitment to investing in long-term growth opportunities.
See More
U.S. Markets Rose on Tuesday, with Keysight Technologies Driving Gains
- U.S. Stock Market Performance: U.S. stock indexes experienced gains on Tuesday, with the S&P 500 rising by 1.04%.
- Index Movements: The Dow Jones Industrial Average increased by 0.77%, while the Nasdaq Composite saw a rise of 0.76%.
See More
Amer Sports Profit Outlook Falls Short of Expectations
- Performance Exceeds Expectations: Amer Sports reported fourth-quarter sales of $2.1 billion, exceeding estimates by $110 million, driven by strong performances from the Arc’teryx and Salomon brands, with outdoor sales reaching $764.1 million, surpassing the $737.5 million forecast, indicating robust market competitiveness.
- Profitability Improvement: Adjusted net income nearly doubled to $176 million, with earnings per share at $0.31, exceeding expectations by 3 cents, while adjusted gross margin increased to 57.8%, reflecting significant enhancements in cost control and profitability.
- Cautious Future Outlook: Despite anticipating revenue growth of 22% to 24% for the current quarter, translating to $1.7978 billion to $1.827 billion, the projected operating margin of 14% to 14.5% falls short of the 16.2% estimate, indicating uncertainty in future profitability.
- Annual Forecast Downgrade: Amer Sports expects full-year revenue growth of 16% to 18%, reaching $7.617 billion to $7.742 billion, which, while above the $7.492 billion estimate, includes an earnings per share forecast of $1.10 to $1.15, below the consensus estimate of $1.17, potentially impacting investor confidence.
See More
S&P 500 Futures Rise in Pre-Market Trading; Evolution Metals, Techs, and Keysight Technologies Take the Lead
Market Opening: U.S. stock markets are set to open in two hours.
Evolution Metals & Technologies Corp. Performance: EMAT saw a significant increase of 21.9% in pre-market trading.
Keysight Technologies Inc. Performance: KEYS experienced a rise of 15.2% in pre-market trading.
Overall Market Sentiment: The pre-market gains indicate positive investor sentiment ahead of the market opening.
See More
Amer Sports Reports Strong 2025 Results with 27% Revenue Growth
- Significant Revenue Growth: Amer Sports achieved $6.566 billion in revenue for 2025, reflecting a 27% year-over-year increase, underscoring strong demand in technical apparel and outdoor performance, thereby solidifying its market position.
- Strong Q4 Performance: The fourth quarter of 2025 saw revenues of $2.101 billion, up 28% year-over-year, exceeding expectations and reflecting double-digit growth across all regions and product lines, particularly a 34% increase in technical apparel.
- Margin Improvement: The gross margin for 2025 increased by 220 basis points to 57.6%, with adjusted gross margin rising to 58.0%, indicating successful strategies in cost control and product pricing.
- Leadership Change: Carrie Ask has been appointed as the new President and CEO of Wilson, expected to bring fresh leadership and market strategies that will further drive brand development.
See More
Amer Sports Q4 Earnings Exceed Expectations
- Strong Earnings Report: Amer Sports reported a Q4 Non-GAAP EPS of $0.31, beating expectations by $0.03, with revenue reaching $2.1 billion, a 28% year-over-year increase that exceeded forecasts by $110 million, indicating robust market performance.
- Technical Apparel Surge: The Technical Apparel segment saw a 34% revenue increase to $1.0 billion, also up 34% on a constant currency basis, reflecting a 16% omni-channel growth, demonstrating sustained consumer demand for high-performance products.
- Positive Future Outlook: Amer Sports projects overall revenue growth of 16% to 18% for 2026, benefiting from a 200 basis point positive impact from current exchange rates, with an expected gross margin of approximately 59%, showcasing the company's confidence in future market conditions.
- Optimistic Q1 Guidance: The company anticipates a revenue growth of 22% to 24% for Q1 2026, also benefiting from currency fluctuations, with expected EPS ranging from $0.28 to $0.30, despite a market consensus of $0.33, highlighting the company's potential in a rapidly growing environment.
See More
Amer Sports Q4 2025 Earnings Call Highlights
- Significant Revenue Growth: Amer Sports achieved a 27% revenue increase in Q4 2025, reaching $6.6 billion, primarily driven by strong performances from the Arc'teryx and Salomon brands, showcasing the company's competitiveness in high-growth markets.
- Margin Expansion: Although the adjusted operating margin declined from 13.6% last year to 12.5%, the adjusted gross margin increased by 140 basis points to 57.8% in Q4, reflecting effective strategies in cost control and product pricing.
- Optimistic Outlook: Management anticipates overall revenue growth between 16% and 18% for 2026, with an expected adjusted gross margin of approximately 59%, demonstrating confidence in future market demand and commitment to ongoing investments.
- Increased Capital Expenditure: Amer Sports plans to raise capital expenditures to approximately $400 million in 2026, primarily for IT infrastructure and retail expansion, indicating the company's commitment to investing in long-term growth opportunities.
See More
U.S. Markets Rose on Tuesday, with Keysight Technologies Driving Gains
- U.S. Stock Market Performance: U.S. stock indexes experienced gains on Tuesday, with the S&P 500 rising by 1.04%.
- Index Movements: The Dow Jones Industrial Average increased by 0.77%, while the Nasdaq Composite saw a rise of 0.76%.
See More
Amer Sports Profit Outlook Falls Short of Expectations
- Performance Exceeds Expectations: Amer Sports reported fourth-quarter sales of $2.1 billion, exceeding estimates by $110 million, driven by strong performances from the Arc’teryx and Salomon brands, with outdoor sales reaching $764.1 million, surpassing the $737.5 million forecast, indicating robust market competitiveness.
- Profitability Improvement: Adjusted net income nearly doubled to $176 million, with earnings per share at $0.31, exceeding expectations by 3 cents, while adjusted gross margin increased to 57.8%, reflecting significant enhancements in cost control and profitability.
- Cautious Future Outlook: Despite anticipating revenue growth of 22% to 24% for the current quarter, translating to $1.7978 billion to $1.827 billion, the projected operating margin of 14% to 14.5% falls short of the 16.2% estimate, indicating uncertainty in future profitability.
- Annual Forecast Downgrade: Amer Sports expects full-year revenue growth of 16% to 18%, reaching $7.617 billion to $7.742 billion, which, while above the $7.492 billion estimate, includes an earnings per share forecast of $1.10 to $1.15, below the consensus estimate of $1.17, potentially impacting investor confidence.
See More
S&P 500 Futures Rise in Pre-Market Trading; Evolution Metals, Techs, and Keysight Technologies Take the Lead
Market Opening: U.S. stock markets are set to open in two hours.
Evolution Metals & Technologies Corp. Performance: EMAT saw a significant increase of 21.9% in pre-market trading.
Keysight Technologies Inc. Performance: KEYS experienced a rise of 15.2% in pre-market trading.
Overall Market Sentiment: The pre-market gains indicate positive investor sentiment ahead of the market opening.
See More
Amer Sports Reports Strong 2025 Results with 27% Revenue Growth
- Significant Revenue Growth: Amer Sports achieved $6.566 billion in revenue for 2025, reflecting a 27% year-over-year increase, underscoring strong demand in technical apparel and outdoor performance, thereby solidifying its market position.
- Strong Q4 Performance: The fourth quarter of 2025 saw revenues of $2.101 billion, up 28% year-over-year, exceeding expectations and reflecting double-digit growth across all regions and product lines, particularly a 34% increase in technical apparel.
- Margin Improvement: The gross margin for 2025 increased by 220 basis points to 57.6%, with adjusted gross margin rising to 58.0%, indicating successful strategies in cost control and product pricing.
- Leadership Change: Carrie Ask has been appointed as the new President and CEO of Wilson, expected to bring fresh leadership and market strategies that will further drive brand development.
See More
Amer Sports Q4 Earnings Exceed Expectations
- Strong Earnings Report: Amer Sports reported a Q4 Non-GAAP EPS of $0.31, beating expectations by $0.03, with revenue reaching $2.1 billion, a 28% year-over-year increase that exceeded forecasts by $110 million, indicating robust market performance.
- Technical Apparel Surge: The Technical Apparel segment saw a 34% revenue increase to $1.0 billion, also up 34% on a constant currency basis, reflecting a 16% omni-channel growth, demonstrating sustained consumer demand for high-performance products.
- Positive Future Outlook: Amer Sports projects overall revenue growth of 16% to 18% for 2026, benefiting from a 200 basis point positive impact from current exchange rates, with an expected gross margin of approximately 59%, showcasing the company's confidence in future market conditions.
- Optimistic Q1 Guidance: The company anticipates a revenue growth of 22% to 24% for Q1 2026, also benefiting from currency fluctuations, with expected EPS ranging from $0.28 to $0.30, despite a market consensus of $0.33, highlighting the company's potential in a rapidly growing environment.
See More
