Amer Sports, Inc. (AS) Financial Statements
Amer Sports financial statements at a glance
Amer Sports reported revenue of $6.57 billion for fiscal year 2025 (ended December 31, 2025), up 26.7% from fiscal year 2024. Net income was $427.40 million, a net margin of 6.5%, and diluted earnings per share were $0.76.
At the end of fiscal year 2025 it had total assets of $10.06 billion, total liabilities of $4.24 billion and shareholders' equity of $5.80 billion, with cash and short-term investments of $652.30 million and total debt of $1.75 billion.
Its operations brought in $729.80 million of cash; capital spending was $292.70 million, leaving free cash flow of $437.10 million.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Amer Sports, Inc.
Income Statement
Annual • USD
Amer Sports key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $6.6B | $5.2B | $4.4B | $3.6B | $3.1B |
| Gross profit | $3.8B | $2.9B | $2.3B | $1.8B | $1.5B |
| Operating income | $714.3M | $472.0M | $304.4M | $251.9M | $186.8M |
| Net income | $427.4M | $72.6M | -$208.6M | -$252.7M | -$126.3M |
| Diluted EPS | $0.76 | $0.14 | -$0.43 | -$0.52 | -$0.26 |
| Total assets | $10.1B | $8.3B | $8.4B | $7.9B | $8.0B |
| Total liabilities | $4.2B | $3.3B | $8.5B | $8.0B | $7.9B |
| Shareholders' equity | $5.8B | $5.0B | -$160.2M | -$73.9M | $38.0M |
| Cash and short-term investments | $652.3M | $345.4M | $483.4M | $402.0M | $566.7M |
| Total debt | $1.8B | $1.5B | $6.7B | $6.2B | $6.3B |
| Operating cash flow | $729.8M | $424.7M | $199.0M | -$91.7M | $268.0M |
| Capital spending | $292.7M | $288.0M | $151.8M | $119.7M | $98.9M |
| Free cash flow | $437.1M | $136.7M | $47.2M | -$211.4M | $169.1M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Amer Sports's revenue in fiscal year 2025?
$6.57 billion, up 26.7% from $5.18 billion in fiscal year 2024.
How much profit does Amer Sports make?
Amer Sports reported net income of $427.40 million for fiscal year 2025 (6.5% of revenue); operating income was $714.30 million.
How much cash and debt does Amer Sports have?
At the end of fiscal year 2025: cash and short-term investments of $652.30 million and total debt of $1.75 billion.
What is Amer Sports's free cash flow?
$437.10 million in fiscal year 2025 (operating cash flow of $729.80 million minus capital spending of $292.70 million).
