10-K · February 25, 2026
Columbia's 2025 results show essentially flat revenue with modest margin pressure and lower cash generation. Aggregate quarterly revenue for 2025 was $3,396.0 million (sum of four quarters), up ~0.7% versus 2024's…
Earnings analysis · 10-Q
COLM earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
Columbia Sportswear Company reported Q1 2026 earnings with a revenue of $779 million and diluted EPS of $0.65, exceeding estimates. Notable gains occurred in the EMEA segment, which grew 35%, while the U.S. segment…
Read full summary
Columbia Sportswear Company reported Q1 2026 earnings with a revenue of $779 million and diluted EPS of $0.65, exceeding estimates. Notable gains occurred in the EMEA segment, which grew 35%, while the U.S. segment experienced a significant decline of 10%. Management highlighted their focus on repositioning the Columbia brand to target younger consumers amidst challenges like geopolitical tensions and tariff-related costs.
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.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
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
- $0.65
What stood out
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Revenue Exceeds Estimates
Revenue of $779 million surpassed the estimated $757.7 million, reflecting a surprise of 2.81%.
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Strong EPS Performance
Reported EPS of $0.65 significantly exceeded the expected $0.35, an 85.71% surprise.
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EMEA Segment Growth
The EMEA segment experienced a significant revenue increase of 35% year-over-year, totaling $145.3 million.
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Improved Gross Margin Outlook
Gross margin for Q1 was 50.7%, slightly down from 50.9% but reflecting effective cost mitigation strategies amid tariff impacts.
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Strategic Growth Initiatives
Management reaffirms focus on the ACCELERATE Growth Strategy aimed at broadening appeal to a younger demographic.
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Cash Flow Analysis
Operating cash flow showed improvement, with net decrease in cash and cash equivalents reduced to $122.7 million from $208.5 million.
What to watch
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U.S. Segment Decline
U.S. segment revenue fell by $48.7 million, a 10% decrease compared to Q1 2025, due to competitive pressures and geopolitical uncertainties.
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Ongoing Tariff Pressures
Q1 gross margin was affected by incremental U.S. tariffs, contributing to a 310 basis point decline in channel profitability.
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Geopolitical Uncertainties
Continued disruptions in global supply chains due to geopolitical tensions are leading to order cancellations and declining consumer confidence.
Management's outlook
Outlook deferred to earnings press release / call.
Earlier filings 4
10-Q · May 8, 2025
Columbia reported Q1 net sales of $778.45M, up $8.47M (+1.1%) versus Q1 2024, and diluted EPS of $0.75 (vs $0.71). Gross profit improved to $396.06M (≈50.9% margin) and operating income rose to $46.51M. However,…
10-Q · May 2, 2024
Columbia reported Q1 net sales of $769,982,000 and diluted EPS of $0.71, both down versus the prior-year quarter (net sales $820,593,000; diluted EPS $0.74). Operating income declined to $44,681,000 while operating cash…
10-Q · August 8, 2023
Columbia reported Q2 net sales of $620,933,000 (up from $578,063,000 in Q2 2022) with gross profit rising to $314,045,000, but operating income compressed to $6,229,000 (from $8,773,000). Diluted EPS was $0.14 versus…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.