Amer Sports, Inc. Q1 2026 Financial Highlights

Amer Sports, Inc. reported a significant increase in revenue for the three months ended March 31, 2026, with a 32.1% rise to $1,945.5 million compared to the same period in 2025. This growth was observed across all segments, particularly in Technical Apparel and Outdoor Performance, driven by increased sales volume. The Direct-to-Consumer (DTC) channel saw a substantial 44.6% increase in revenue, while wholesale revenue grew by 21.0%. Geographically, Greater China and EMEA led the revenue growth. The company's gross profit also saw a considerable increase of 36.9% to $1,165.4 million, with gross margin improving to 59.9% from 57.8% in the prior year, attributed to favorable mix shifts. Selling, general, and administrative expenses increased by 33.4% to $856.2 million, largely due to higher personnel, advertising, and rent costs associated with DTC investments and expansion in Greater China and Asia Pacific. A notable item was the loss on debt extinguishment of $50.5 million related to the redemption of senior secured notes. Net income attributable to equity holders increased to $164.6 million from $134.6 million in the prior year, although the net income margin slightly decreased to 8.5% from 9.1%. The company also reported increases in segment-specific revenues and adjusted operating profits, with Technical Apparel and Outdoor Performance showing strong performance.