Clarus Corp
Business
Clarus Corporation is a global designer, developer, manufacturer, and distributor of outdoor equipment and lifestyle products sold under the Black Diamond, Rhino-Rack, MAXTRAX, TRED Outdoors, and RockyMounts brands. The company offers climbing and mountaineering gear, skiing equipment, apparel, backpacks, automotive roof racks, vehicle recovery boards, and bicycle transport accessories. The Outdoor segment focuses on high-performance climbing, skiing, and technical mountain sports equipment; the Adventure segment comprises automotive roof racks, recovery boards, and bicycle accessories manufactured in Australia with growing international presence.
Summary from 10-K filed 2026-03-05
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total sales | 250 | 264 | 286 | 315 | 266 | |
| Cost of goods sold | 167 | 172 | 189 | 205 | 178 | |
| Gross profit | 83 | 93 | 98 | 110 | 88 | |
| Selling, general and administrative | 105 | 112 | 115 | 121 | 91 | |
| Restructuring charges | 967,000 | 2 | 3 | — | — | |
| Transaction costs | 752,000 | 576,000 | 593,000 | 3 | 12 | |
| Contingent consideration benefit | −355,000 | −125,000 | −2 | 493,000 | −2 | |
| Legal costs and regulatory matter expenses | 5 | 4 | 2 | — | — | |
| Impairment of goodwill | 4 | 36 | 0 | 52 | — | |
| Impairment of indefinite-lived intangible assets | 28 | 9 | 0 | 40 | — | |
| Total operating expenses | 143 | 163 | 119 | 216 | 101 | |
| Operating loss | −60 | −70 | −21 | −106 | −13 | |
| Interest income, net | 619,000 | 1 | 67,000 | −8 | −17,000 | |
| Other, net | 2 | −2 | 961,000 | −1 | −4 | |
| Total other income (expense), net | 3 | −206,000 | 1 | −1 | −4 | |
| Loss before income tax | −57 | −71 | −20 | −108 | −17 | |
| Income tax (benefit) expense | −11 | 18 | −4 | −15 | −19 | |
| Loss from continuing operations | −47 | −88 | −16 | −93 | 2 | |
| Discontinued operations, net of tax | — | 36 | 6 | 23 | 24 | |
| Net loss | −47 | −52 | −10 | −70 | 26 | |
| Foreign currency translation adjustment | 8 | −10 | 2 | −12 | −7 | |
| Unrealized (loss) gain on hedging activities | −329,000 | 517,000 | −134,000 | −248,000 | 1 | |
| Other comprehensive income (loss) | 8 | −9 | 2 | −13 | −6 | |
| Comprehensive loss | −39 | −61 | −8 | −82 | 21 | |
| Basic | −1.21 | −2.31 | −0.42 | −2.49 | 0.06 | |
| Diluted | −1.21 | −2.31 | −0.42 | −2.49 | 0.06 | |
| Basic (per share) | −1.21 | −1.37 | −0.27 | −1.88 | 0.79 | |
| Diluted (per share) | −1.21 | −1.37 | −0.27 | −1.88 | 0.73 | |
| Basic (shares) | 38 | 38 | 37 | 37 | 33 | |
| Diluted (shares) | 38 | 38 | 37 | 37 | 36 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash | 37 | 45 | 11 | 12 | 19 | |
| Accounts receivable, net | 45 | 44 | 54 | 48 | 66 | |
| Inventories | 83 | 82 | 91 | 108 | 129 | |
| Prepaid and other current assets | 5 | 6 | 5 | 6 | 12 | |
| Income tax receivable | 1 | 910,000 | 892,000 | 3 | 116,000 | |
| Total current assets | 171 | 178 | 300 | 239 | 227 | |
| Property and equipment, net | 18 | 18 | 17 | 17 | 43 | |
| Other intangible assets, net | 24 | 32 | 41 | 48 | 74 | |
| Indefinite-lived intangible assets | 20 | 47 | 59 | 58 | 128 | |
| Goodwill | — | 4 | 39 | 36 | 91 | |
| Deferred income taxes | 55,000 | 36,000 | 23 | 18 | 22 | |
| Other long-term assets | 16 | 17 | 17 | 17 | 20 | |
| Total assets | 249 | 294 | 495 | 518 | 632 | |
| Accounts payable | 16 | 12 | 20 | 25 | 31 | |
| Accrued liabilities | 24 | 22 | 25 | 21 | 27 | |
| Income tax payable | 179,000 | — | 805,000 | 421,000 | 4 | |
| Current portion of long-term debt | — | 2 | 120 | 12 | 10 | |
| Total current liabilities | 40 | 36 | 171 | 65 | 73 | |
| Deferred income taxes | 1 | 12 | 18 | 19 | 35 | |
| Other long-term liabilities | 11 | 13 | 14 | 16 | 21 | |
| Total liabilities | 53 | 61 | 203 | 226 | 262 | |
| Preferred stock, $0.0001 par value per share; 5,000 shares authorized; none issued | — | — | — | 0 | — | |
| Common stock, $0.0001 par value per share; 100,000 shares authorized; 43,054 and 43,004 issued and 38,402 and 38,362 outstanding, respectively | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | |
| Additional paid in capital | 703 | 698 | 691 | 679 | 663 | |
| Accumulated deficit | −457 | −407 | −351 | −337 | −263 | |
| Treasury stock, at cost | −33 | −33 | −33 | −33 | −24 | |
| Accumulated other comprehensive loss | −17 | −25 | −15 | −18 | −5 | |
| Total stockholders' equity | 196 | 233 | 292 | 292 | 370 | |
| Total liabilities and stockholders' equity | 249 | 294 | 495 | 518 | 632 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation of property and equipment | 4 | 4 | 8 | 8 | 6 | |
| Amortization of other intangible assets | 9 | 10 | 13 | 15 | 10 | |
| Loss (gain) on sale of businesses | 91,000 | −41 | — | — | — | |
| Accretion of notes payable | 112,000 | 10,000 | — | — | — | |
| Amortization of debt issuance costs | — | 1 | 928,000 | 824,000 | 505,000 | |
| Loss on disposition of property and equipment | 723,000 | 269,000 | 54,000 | −81,000 | −63,000 | |
| Noncash lease expense | 4 | 3 | 4 | 3 | 2 | |
| Contingent consideration benefit | −355,000 | −125,000 | −2 | 451,000 | −2 | |
| Stock-based compensation | 6 | 6 | 5 | 11 | 9 | |
| Deferred income taxes | −12 | 16 | −6 | −10 | −14 | |
| Accounts receivable | −967,000 | 11 | 6 | −8 | −6 | |
| Inventories | −2 | 4 | 13 | −19 | −34 | |
| Prepaid and other assets | 92,000 | 640,000 | 2 | 1 | −4 | |
| Accounts payable | 4 | −8 | −5 | 1 | 3 | |
| Accrued liabilities | −1 | −6 | 540,000 | −5 | 3 | |
| Income taxes | −297,000 | −771,000 | 3 | −7 | −7,000 | |
| Net cash (used in) provided by operating activities | −5 | −7 | 32 | 15 | −304,000 | |
| Proceeds from sale of businesses, net of cash | 8 | 176 | — | — | — | |
| Purchase of businesses, net of cash acquired | — | −4 | −6 | — | −161 | |
| Proceeds from disposition of property and equipment | 120,000 | 315,000 | 199,000 | 499,000 | 229,000 | |
| Purchase of intangible assets | — | −250,000 | −250,000 | — | — | |
| Purchases of property and equipment | −5 | −7 | −6 | −8 | −17 | |
| Net cash provided by (used in) investing activities | 3 | 165 | −11 | −8 | −178 | |
| Proceeds from revolving credit facilities | — | 31 | 51 | 96 | 122 | |
| Repayments on revolving credit facilities | — | −42 | −60 | −96 | −119 | |
| Repayments on term loans and other debt | −2 | −109 | −11 | −127 | −7 | |
| Proceeds from issuance of term loans and other debt | — | 46,000 | — | 125 | 109 | |
| Purchase of treasury stock | −42,000 | −185,000 | −222,000 | −8 | −651,000 | |
| Proceeds from exercise of options | — | 565,000 | 3 | 3 | 2 | |
| Cash dividends paid | −4 | −4 | −4 | −4 | −3 | |
| Net cash used in financing activities | −6 | −123 | −20 | −14 | 181 | |
| Effect of foreign exchange rates on cash and restricted cash | 693,000 | −586,000 | −990,000 | −405,000 | −555,000 | |
| Change in cash and restricted cash | −7 | 34 | −737,000 | −7 | 2 | |
| Cash paid (received) for income taxes | 936,000 | 2 | −758,000 | 9 | 2 | |
| Cash paid for interest | 16,000 | 2 | 10 | 7 | 2 | |
| Shares issued for business acquisitions | — | — | 3 | 2 | 58 | |
| Debt issued for business acquisition | — | 2 | — | — | — | |
| Contingent consideration for business acquisitions | — | 609,000 | 121,000 | — | 5 | |
| Purchases of property and equipment incurred but not paid | 118,000 | 167,000 | 145,000 | 541,000 | 269,000 | |
| Intangible assets purchased with accounts payable | — | — | 250,000 | — | — | |
| Lease liabilities arising from obtaining right-of-use assets | 545,000 | 3 | 4 | 1 | 7 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Clarus Corp's CIK number?
Clarus Corp's SEC CIK number is 0000913277 (913277). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Clarus Corp's SEC filings?
All of Clarus Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Clarus Corp last report earnings?
Clarus Corp (CLAR) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-057178). This is Clarus Corp's most recent earnings filing of record — not a forecast of its next earnings date.
What is Clarus Corp's most recent earnings 8-K?
Clarus Corp's latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001104659-26-057178. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Clarus Corp's latest earnings 8-K →
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