Academy Sports & Outdoors, Inc.
Business
Academy Sports & Outdoors is a leading full-line sporting goods and outdoor recreation retailer operating 322 stores across 21 contiguous U.S. states. The company offers outdoor, sports and recreation, apparel, and footwear products through national brands and 19 private label brands at value-oriented price points. Academy operates leased stores averaging 70,000 square feet, three distribution centers, and an omnichannel platform including BOPIS and e-commerce. The company serves active families and casual participants across metropolitan, suburban, and smaller city markets, primarily in the southern United States.
Summary from 10-K filed 2026-03-17
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2022 2022-01-31 |
|---|---|---|---|---|---|---|
| NET SALES | 6,053 | 5,933 | 6,159 | 6,395 | 6,773 | |
| COST OF GOODS SOLD | 3,948 | 3,922 | 4,049 | 4,183 | 4,422 | |
| GROSS MARGIN | 2,106 | 2,011 | 2,110 | 2,213 | 2,351 | |
| SELLING, GENERAL AND ADMINISTRATIVE EXPENSES | 1,593 | 1,473 | 1,432 | 1,366 | 1,443 | |
| OPERATING INCOME | 512 | 539 | 678 | 847 | 908 | |
| INTEREST EXPENSE, NET | 36 | 37 | 46 | 46 | 49 | |
| WRITE-OFF OF DEFERRED LOAN COSTS | 0 | 449,000 | 2 | 2 | 2 | |
| OTHER INCOME, NET | 10 | 37 | 33 | −20 | −3 | |
| INCOME BEFORE INCOME TAXES | 486 | 538 | 663 | 818 | 860 | |
| INCOME TAX EXPENSE | 109 | 120 | 144 | 190 | 188 | |
| NET INCOME | 377 | 418 | 519 | 628 | 671 | |
| BASIC (in dollars per share) | 5.66 | 5.87 | 6.89 | 7.7 | 7.38 | |
| DILUTED (in dollars per share) | 5.54 | 5.73 | 6.7 | 7.49 | 7.12 | |
| BASIC (in shares) | 67 | 71 | 75 | 82 | 91 | |
| DILUTED (in shares) | 68 | 73 | 77 | 84 | 94 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2022 2022-01-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 330 | 289 | 348 | 337 | 486 | |
| Accounts receivable - less allowance for doubtful accounts of $1,792 and $2,752, respectively | 35 | 17 | 19 | 17 | 20 | |
| Merchandise inventories | 1,504 | 1,309 | 1,194 | 1,284 | 1,172 | |
| Prepaid expenses and other current assets | 82 | 96 | 83 | 48 | 36 | |
| Assets held for sale | 3 | 0 | 0 | 2 | 2 | |
| Total current assets | 1,954 | 1,710 | 1,645 | 1,687 | 1,716 | |
| PROPERTY AND EQUIPMENT, NET | 584 | 525 | 445 | 351 | 346 | |
| RIGHT-OF-USE ASSETS | 1,234 | 1,173 | 1,111 | 1,100 | 1,080 | |
| TRADE NAME | 580 | 579 | 578 | 578 | 577 | |
| GOODWILL | 862 | 862 | 862 | 862 | 862 | |
| OTHER NONCURRENT ASSETS | 63 | 52 | 35 | 18 | 5 | |
| Total assets | 5,277 | 4,901 | 4,677 | 4,595 | 4,585 | |
| Accounts payable | 638 | 612 | 541 | 686 | 738 | |
| Accrued expenses and other current liabilities | 244 | 230 | 218 | 240 | 303 | |
| Current lease liabilities | 147 | 115 | 118 | 109 | 83 | |
| Current maturities of long-term debt | 3 | 3 | 3 | 3 | 3 | |
| Total current liabilities | 1,032 | 961 | 880 | 1,039 | 1,127 | |
| LONG-TERM DEBT, NET | 481 | 483 | 485 | 584 | 684 | |
| LONG-TERM LEASE LIABILITIES | 1,261 | 1,186 | 1,091 | 1,072 | 1,078 | |
| DEFERRED TAX LIABILITIES, NET | 301 | 257 | 255 | 259 | 217 | |
| OTHER LONG-TERM LIABILITIES | 31 | 11 | 12 | 13 | 12 | |
| Total liabilities | 3,106 | 2,897 | 2,722 | 2,967 | 3,118 | |
| COMMITMENTS AND CONTINGENCIES (NOTE 12) | — | — | — | — | — | |
| Preferred stock, $0.01 par value, authorized 50,000,000 shares; none issued and outstanding | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.01 par value, authorized 300,000,000 shares; 64,945,953 and 68,332,961 issued and outstanding as of January 31, 2026 and February 1, 2025, respectively | 649,000 | 683,000 | 743,000 | 767,000 | 870,000 | |
| Additional paid-in capital | 256 | 247 | 242 | 216 | 198 | |
| Retained earnings | 1,914 | 1,756 | 1,712 | 1,411 | 1,268 | |
| Stockholders' equity | 2,171 | 2,004 | 1,955 | 1,628 | 1,467 | |
| Total liabilities and stockholders' equity | 5,277 | 4,901 | 4,677 | 4,595 | 4,585 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-01-31 | FY 2025 2025-01-31 | FY 2024 2024-01-31 | FY 2023 2023-01-31 | FY 2022 2022-01-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 123 | 118 | 111 | 107 | 105 | |
| Non-cash lease expense | 46 | 30 | 17 | −16,000 | −6 | |
| Equity compensation | 21 | 27 | 24 | 21 | 39 | |
| Amortization of deferred loan and other costs | 3 | 3 | 3 | 3 | 6 | |
| Deferred income taxes | 44 | 2 | −4 | 42 | — | |
| Non-cash loss on early retirement of debt | 0 | 0 | 2 | 2 | — | |
| Write-off of Deferred Loan Costs | 0 | 449,000 | 0 | 0 | — | |
| Gain on disposal of property and equipment | −15 | −7 | −388,000 | 0 | 0 | |
| Accounts receivable, net | −18 | 3 | −3 | 3 | −2 | |
| Merchandise inventories | −195 | −115 | 89 | −112 | −182 | |
| Prepaid expenses and other current assets | 27 | −10 | −50 | −11 | −8 | |
| Other noncurrent assets | −13 | −12 | −19 | −14 | 3 | |
| Accounts payable | 27 | 66 | −142 | −55 | −51 | |
| Accrued expenses and other current liabilities | 17 | 12 | −27 | −58 | 32 | |
| Income taxes payable | −19 | −5 | 18 | −3 | −14 | |
| Other long-term liabilities | 10 | −1 | −1 | 306,000 | −2 | |
| Net cash provided by operating activities | 435 | 528 | 536 | 552 | 673 | |
| Capital expenditures | −213 | −200 | −208 | −108 | −76 | |
| Purchases of intangible assets | −759,000 | −771,000 | −520,000 | −502,000 | −215,000 | |
| Proceeds from the sale of property and equipment | 41 | 14 | 2 | 0 | 0 | |
| Net cash used in investing activities | −172 | −186 | −206 | −109 | −76 | |
| Proceeds from Revolving Credit Facilities | 0 | 4 | 0 | 0 | 0 | |
| Reduction in Revolving Credit Facilities | 0 | −4 | 0 | 0 | 0 | |
| Repayment of Term Loan | −3 | −3 | −103 | −103 | −102 | |
| Debt issuance fees | 0 | −6 | 0 | 0 | −927,000 | |
| Proceeds from exercise of stock options | 4 | 4 | 17 | 21 | 49 | |
| Proceeds from issuance of common stock under employee stock purchase program | 5 | 5 | 5 | 5 | 4 | |
| Taxes paid related to net share settlement of equity awards | −5 | −5 | −8 | −1 | −15 | |
| Repurchase of common stock for retirement | −199 | −365 | −203 | −489 | −411 | |
| Dividends paid | −35 | −31 | −27 | −25 | 0 | |
| Other financing activities | 10 | 0 | 0 | — | — | |
| Net cash used in financing activities | −221 | −401 | −319 | −592 | −489 | |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 41 | −59 | 11 | −149 | 108 | |
| Cash paid for interest | 35 | 35 | 45 | 43 | 45 | |
| Cash paid for income taxes, net | 38 | 88 | 132 | 168 | 125 | |
| Non-cash capital expenditures | 10 | 12 | 7 | 4 | 3 | |
| Right-of-use assets obtained in exchange for new operating lease liabilities | 244 | 215 | 134 | 117 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Academy Sports & Outdoors, Inc.'s CIK number?
Academy Sports & Outdoors, Inc.'s SEC CIK number is 0001817358 (1817358). 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 Academy Sports & Outdoors, Inc.'s SEC filings?
All of Academy Sports & Outdoors, Inc.'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 Academy Sports & Outdoors, Inc. last report earnings?
Academy Sports & Outdoors, Inc. (ASO) most recently filed an earnings 8-K with the SEC on Jun 9, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001817358-26-000105). This is Academy Sports & Outdoors, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Academy Sports & Outdoors, Inc.'s most recent earnings 8-K?
Academy Sports & Outdoors, Inc.'s latest earnings 8-K (Item 2.02) was filed Jun 9, 2026 under accession 0001817358-26-000105. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Academy Sports & Outdoors, Inc.'s latest earnings 8-K →
Look up any company's CIK number →