Amer Sports, Inc. Q1 2026 Financial Results

Amer Sports, Inc. reported strong financial results for the first quarter ended March 31, 2026. Revenue increased by 32% to $1,945 million, or 26% on a constant currency basis, driven by significant growth across all four regions and segments. Technical Apparel saw a 33% increase, Outdoor Performance grew by 42%, and Ball & Racquet Sports increased by 13%. Gross margin improved by 210 basis points to 59.9%, and adjusted operating margin increased by 160 basis points to 17.4%. Net income attributable to equity holders increased by 22% to $165 million, or $0.29 per diluted share. Adjusted net income increased by 47% to $218 million, or $0.38 per adjusted diluted share. The company raised its full-year 2026 guidance for revenue, margin, and EPS, projecting revenue growth of 20-22% and adjusted diluted EPS between $1.18 and $1.23. The company also provided guidance for the second quarter of 2026, expecting reported revenue growth of 22-24%.