Academy Sports & Outdoors (ASO) Gross Margin (2019 - 2026)
Academy Sports & Outdoors (ASO) reported Gross Margin of 33.55% for Q1 2026, up 134.0% year-over-year from 14.34% in Q1 2025, and down 5.9% quarter-over-quarter from 35.66% in Q4 2025.
Academy Sports & Outdoors (ASO) Gross Margin (2019 - 2026) Analysis & Trends
Academy Sports & Outdoors (ASO) has 8 years of Gross Margin data on file, last reported at 33.55% in Q1 2026.
- Gross Margin for Q1 2026 came in at 33.55%, up 134.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 34.78% (up 88.0% YoY), and the FY2026 annual result was 34.78%, up 88.0% from the prior year.
- Gross Margin slipped to 33.55% in Q1 2026 per ASO's latest filing, from 35.66% in the prior quarter.
- Over five years, Gross Margin peaked at 36.07% in Q3 2024 and troughed at 32.22% in Q1 2025.
- A 5-year average of 34.29% and a median of 34.0% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin slumped 177 bps in 2023, then surged 166 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 34.97% in 2022, then retreated by 1 bps to 34.53% in 2023, then fell by 2 bps to 34.0% in 2024, then climbed by 5 bps to 35.66% in 2025, then decreased by 6 bps to 33.55% in 2026.
- Business Quant data shows ASO's Gross Margin at 33.55% in Q1 2026, 35.66% in Q4 2025, and 36.05% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 25.70% |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 38.06% |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 28.43% |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 36.22% |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 23.52% |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 40.32% |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 82.59% |
| 10 | Academy Sports & Outdoors | 3.44 Bn | 3.11 Bn | 576.60 Mn | 33.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 33.55% |
| Nov 1, 2025 | 35.66% |
| Aug 2, 2025 | 36.05% |
| May 3, 2025 | 33.95% |
| Feb 1, 2025 | 32.22% |
| Nov 2, 2024 | 34.00% |
| Aug 3, 2024 | 36.07% |
| May 4, 2024 | 33.41% |
| Feb 3, 2024 | 33.26% |
| Oct 28, 2023 | 34.53% |
| Jul 29, 2023 | 35.59% |
| Apr 29, 2023 | 33.76% |
| Jan 28, 2023 | 32.78% |
| Oct 29, 2022 | 34.97% |
| Jul 30, 2022 | 35.33% |
| Apr 30, 2022 | 35.53% |
| Jan 29, 2022 | 32.30% |
| Oct 30, 2021 | 35.21% |
| Jul 31, 2021 | 35.86% |
| May 1, 2021 | 35.67% |