Academy Sports & Outdoors (ASO) Gross Margin (2019 - 2026)
Academy Sports & Outdoors' (ASO) quarterly Gross Margin came in at 33.24% in Q2 2026, down 71.0% year-on-year from 114.63% in Q2 2025, and down 0.93% on a QoQ basis from 33.55% in Q1 2026.
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 33.24% in Q2 2026.
- On a quarterly basis, Gross Margin fell 71.0% year-over-year to 33.24% in Q2 2026; TTM through May 2026 was 34.6%, a 58.0% increase from a year earlier, with the FY2026 full-year figure at 34.78%, up 88.0% from the prior year.
- Gross Margin for Q2 2026 stood at 33.24%, down from 33.55% in the prior quarter.
- Over the last five years, Gross Margin for ASO reached as high as 36.07% in Q3 2024 and fell as low as 32.22% in Q1 2025.
- Historically, Gross Margin has averaged 34.23% across 5 years, with a median of 33.98% in 2024.
- Across the five-year window, Gross Margin plunged 177 bps in 2023 and soared 166 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 34.97% in 2022, then dropped by 1 bps to 34.53% in 2023, then slipped by 2 bps to 34.0% in 2024, then rose by 5 bps to 35.66% in 2025, then declined by 7 bps to 33.24% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 33.24% in Q2 2026, 33.55% in Q1 2026, and 35.66% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.13 Bn | 31.61 Bn | 1.08 Bn | 23.63% |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | - |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 46.87% |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 38.06% |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 23.52% |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 28.43% |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | 46.39% |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 36.22% |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 40.32% |
| 10 | Academy Sports & Outdoors | 3.13 Bn | 2.79 Bn | 479.35 Mn | 33.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 33.24% |
| 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% |