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
DateValue
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%