10-K · March 5, 2026
a.k.a. Brands reported FY2025 net sales of $600.2 million, up 4% year-over-year, with U.S. net sales of $394.3 million (up 7%) and a modest gross margin expansion of 30 basis points. The company is accelerating…
Earnings analysis · 10-Q
AKA earnings analysis
Filed May 12, 2026 · Our reading of the company's report
The latest report
a.k.a. Brands reported Q1 2026 net sales of $132.5 million, marking a 3% growth year-over-year and exceeding estimates of $131.2 million. Gross margin improved significantly to 63%, up from 57%, while the diluted EPS…
Read full summary
a.k.a. Brands reported Q1 2026 net sales of $132.5 million, marking a 3% growth year-over-year and exceeding estimates of $131.2 million. Gross margin improved significantly to 63%, up from 57%, while the diluted EPS loss narrowed to $0.66 vs. the anticipated loss of $0.97. Management raised its full-year Adjusted EBITDA guidance to $30-$32 million, reflecting operational improvements despite inflationary pressures.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.66
- Gross margin
- 63%
What stood out
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Revenue Growth
Revenues increased by $3.8 million, or 3%, to $132.5 million, surpassing the estimate of $131.2 million.
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Improved Gross Margin
Gross margin rose to 63%, up from 57%, highlighting efficiency and better pricing strategies.
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Narrowed EPS Loss
Diluted EPS loss decreased to $0.66 from $0.78 in the previous year, compared to an expectation of $0.97.
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Increased Adjusted EBITDA
Adjusted EBITDA reached $5.1 million, a notable increase from $2.7 million a year prior.
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Tariff Refund Benefit
A $16.5 million benefit was derived from tariff refunds related to past tariffs, aiding profit margins.
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Active Customer Growth
Active customers increased by 3.1% year-over-year, signaling enhanced brand engagement.
What to watch
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Inventory Write-Offs
The company incurred a $12 million write-off of streetwear inventory during this transition period.
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Increased Operating Cash Flow
Net cash used in operating activities rose to $3.8 million from $1.9 million in Q1 2025, reflecting payment timing issues.
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Cybersecurity Risks
Material risks associated with data security threats increase potential vulnerability of sensitive information.
Management's outlook
Management maintains revenue guidance of $625 million to $635 million and raised Adjusted EBITDA guidance to $30-$32 million.
Earlier filings 4
10-Q · August 6, 2025
a.k.a. Brands reported a strong Q2 2025 with revenues increasing to $161 million, up 8% from the prior year, while gross margin remained stable at 57.5%. Despite this growth, the company continued to experience a loss…
10-K · March 6, 2025
a.k.a. Brands reported FY2024 net sales of $574.7 million, up 5% year-over-year, driven by U.S. net sales growth to $368.8 million (up 17%). Gross margin expanded 200 basis points to 57% and Adjusted EBITDA increased to…
10-Q · August 7, 2024
a.k.a. Brands reported Q2 net sales of $148,931 and a GAAP net loss per share of $(0.22), reflecting sequential and year-over-year revenue growth and a return to positive operating income of $636. Gross profit rose to…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.