Academy Sports & Outdoors (ASO) Gross Margin (2019 - 2026)

Academy Sports & Outdoors (ASO) posted quarterly Gross Margin of 33.24% for Q2 2026, down 71.0% YoY from 114.63% in Q2 2025, and down 0.93% sequentially from 33.55% in Q1 2026.

Academy Sports & Outdoors (ASO) Gross Margin (2019 - 2026) Analysis & Trends

Academy Sports & Outdoors has disclosed Gross Margin across 8 years of filings, most recently posting 33.24% for Q2 2026.

  • In Q2 2026, Gross Margin fell 71.0% year-over-year to 33.24%; the TTM figure through May 2026 stood at 34.6% (up 58.0% YoY), while the FY2026 annual figure was 34.78%, up 88.0% from the prior year.
  • Gross Margin eased to 33.24% in Q2 2026, 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.
  • The 5-year median for Gross Margin is 33.98% (2024), against an average of 34.23%.
  • Annual changes were most pronounced in 2023 — Gross Margin plunged 177 bps — and 2025, when it surged 166 bps.
  • 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 7 bps to 33.24% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 33.24%, 33.55%, and 35.66% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 NaaS Technology 29.20 Bn 29.20 Bn - -
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 23.63%
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn 46.87%
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 28.43%
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 36.22%
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 23.52%
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 82.59%
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn 40.32%
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn 97.03%
10 Academy Sports & Outdoors 3.04 Bn 2.71 Bn 479.35 Mn 33.24%

Historic Data

Download Data
DateValue
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%