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

Academy Sports & Outdoors (ASO) has 8 years of Operating Margin data on file, last reported at 5.18% in Q2 2026.

• On a quarterly basis, Operating Margin rose 5.0% year-over-year to 5.18% in Q2 2026; TTM through May 2026 was 8.42%, a 11.0% decrease from a year earlier, with the FY2026 full-year figure at 8.46%, down 62.0% from the prior year.
• Operating Margin for Q2 2026 stood at 5.18%, down from 9.9% in the prior quarter.
• Over the last five years, Operating Margin for ASO reached as high as 15.22% in Q3 2022 and fell as low as 5.13% in Q2 2025.
• Historically, Operating Margin has averaged 10.09% across 5 years, with a median of 10.34% in 2025.
• Across the five-year window, Operating Margin soared 213 bps in 2022 and sank 488 bps in 2023, its largest moves.
• Year by year, Operating Margin stood at 12.02% in 2022, then retreated by 19 bps to 9.78% in 2023, then sank by 30 bps to 6.81% in 2024, then rose by 7 bps to 7.26% in 2025, then slipped by 29 bps to 5.18% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 5.18% in Q2 2026, 9.9% in Q1 2026, and 7.26% in Q4 2025.