Academy Sports and Outdoors, Inc. (ASO) Revenue History
Annual and quarterly revenue from 2018 to present
ASO Revenue Over Time (2018–2025)
ASO Revenue Growth History
4 of 7 years with positive growth- FY2018 revenue growth
- N/A
- FY2019 revenue growth
- +1.0%
- FY2020 revenue growth
- +17.8%
- FY2021 revenue growth
- +19.1%
- FY2022 revenue growth
- -5.6%
- FY2023 revenue growth
- -3.7%
- FY2024 revenue growth
- -3.7%
- FY2025 revenue growth
- +2.0%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $1.44B | +6.7% |
| Q4 2025 | $1.72B | +2.5% |
| Q3 2025 | $1.38B | +3.0% |
| Q2 2025 | $1.60B | +3.3% |
| Q1 2025 | $1.35B | -0.9% |
| Q4 2024 | $1.68B | -6.6% |
| Q3 2024 | $1.34B | -3.9% |
| Q2 2024 | $1.55B | -2.2% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
ASO's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
ASO Revenue Analysis (2018–2025)
Current Revenue & Growth
As of June 21, 2026, Academy Sports and Outdoors, Inc. (ASO) generated trailing twelve-month (TTM) revenue of $6.14 billion, reflecting solid growth of +6.7% year-over-year. The most recent quarter (Q1 2026) recorded $1.44 billion in revenue, down 16.1% sequentially.
Historical Growth Trajectory
ASO's 5-year compound annual growth rate (CAGR) stands at +1.2%, indicating moderate growth over time. The 3-year CAGR of -1.8% is below the 5-year average, signalling a growth deceleration in recent years. Academy Sports and Outdoors, Inc.'s highest annual revenue of $6.77 billion was recorded in 2021.
Revenue by Segment
ASO's revenue is primarily driven by Outdoors (30%), Apparel (27%), and Sports And Recreation (22%). The diversified mix across segments reduces dependence on any single product line, which can support more resilient revenue in downturns.
Peer Comparison
Compared to Consumer Cyclical sector peers — including DKS (+41.2% YoY), BOOT (+17.9% YoY), and CATO (-0.2% YoY) — ASO has underperformed the peer group in revenue growth. Compare ASO vs DKS →
ASO Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ASOCurrent | $6.1B | +6.7% | +1.2% | 8.5% | |
 DKS | $17.2B | +41.2% | +12.4% | 7.7% | |
 BOOT | $2.3B | +17.9% | +20.3% | 13.3% | |
 CATO | $654M | -0.2% | +2.6% | -2.2% | |
 WMT | $713.2B | +5.9% | +5.0% | 4.2% | |
 TGT | $104.8B | -0.4% | +2.3% | 4.6% |
ASO Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $6.05B | +2.0% | $2.11B | 34.8% | $512.2M | 8.5% |
| 2024 | $5.93B | -3.7% | $2.01B | 33.9% | $538.6M | 9.1% |
| 2023 | $6.16B | -3.7% | $2.11B | 34.3% | $677.9M | 11.0% |
| 2022 | $6.40B | -5.6% | $2.21B | 34.6% | $846.5M | 13.2% |
| 2021 | $6.77B | +19.1% | $2.35B | 34.7% | $907.9M | 13.4% |
| 2020 | $5.69B | +17.8% | $1.73B | 30.5% | $420.4M | 7.4% |
| 2019 | $4.83B | +1.0% | $1.43B | 29.6% | $179.4M | 3.7% |
| 2018 | $4.78B | - | $1.37B | 28.6% | $128.9M | 2.7% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
8+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
ASO — Frequently Asked Questions
Quick answers to the most common questions about buying ASO stock.
Is ASO's revenue growth accelerating or slowing?
ASO revenue growth is holding steady at +6.7% year-over-year. TTM revenue is $6.1B. The current growth rate closely tracks the 5-year CAGR of +1.2%, signalling consistent execution.
What is ASO's revenue history from 2018 to 2026?
Academy Sports and Outdoors, Inc. (ASO) revenue history spans 2018 to 2026. TTM revenue as of 2026 is $6.1B, growing at +6.7% YoY. The 5-year CAGR is +1.2%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is ASO's long-term revenue growth rate (CAGR)?
Academy Sports and Outdoors, Inc.'s 5-year revenue CAGR of +1.2% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +6.7% is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for ASO.
Why does ASO's quarterly revenue fluctuate?
ASO quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Academy Sports and Outdoors, Inc.'s revenue data from 2018 to 2026 shows full historical quarterly detail on this page.
How is ASO's revenue distributed by segment?
ASO reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does ASO's revenue compare to industry peers?
Academy Sports and Outdoors, Inc. (ASO) with TTM revenue of $6.1B and +6.7% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.