American Outdoor (AOUT) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2027, filed Sep 3, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AOUT SEC filings page.
American Outdoor (AOUT) reported $198.1M in revenue over the twelve months to Jul 31, 2026, down 5.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Stable gross margins cannot offset volume volatility: American Outdoor Brands converts modest operating cash while preserving a lightly leveraged balance sheet.
FY2026 revenue fell14.3% while gross margin held at44.7% , indicating volume pressure rather than deterioration in product-level economics. That stability did not protect operating profit: the company moved from near break-even in FY2025 to an operating loss of$9.0M , revealing that overhead is not flexing as quickly as sales.
Operating cash flow was
Total liabilities were
Financial Health Signals
Scored against emerging companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of American Outdoor's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
American Outdoor held $21.4M in cash, cash equivalents and investments at the end of fiscal year 2026, and its operations generated $6.3M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and American Outdoor scores 85/100 among other emerging companies.
American Outdoor had 13M shares outstanding at the end of fiscal year 2026. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and American Outdoor scores 76/100 among other emerging companies.
American Outdoor spent $6.1M on research and development in fiscal year 2026, which was 3.1% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and American Outdoor scores 17/100 among other emerging companies.
American Outdoor reported revenue of $190.5M in fiscal year 2026, against $222.3M in fiscal year 2025. Revenue Progress ranks emerging companies on the three-year path of that line, and American Outdoor scores 39/100 among other emerging companies.
Not available for American Outdoor, and counted as zero in the overall score.
American Outdoor's cash, cash equivalents and investments came to $21.4M at the end of fiscal year 2026, against $60.7M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and American Outdoor scores 36/100 among other emerging companies.
American Outdoor scores 2.70, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($182.8M) relative to total liabilities ($60.7M). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
American Outdoor passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
American Outdoor reported a net loss of $9.2M while generating $6.3M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
American Outdoor reported an operating loss of $9.0M against $276K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
American Outdoor generated $37.3M in revenue in Q1 2027. This represents an increase of 25.4% from the same quarter a year earlier. Against the prior quarter it is down 20.8%.
American Outdoor's EBITDA was $266K in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 107.0% from the same quarter a year earlier. Against the prior quarter it is down 89.9%.
American Outdoor reported -$1.5M in net income in Q1 2027. This represents an increase of 77.6% from the same quarter a year earlier. Against the prior quarter it is down 301.0%.
American Outdoor earned -$0.12 per diluted share (EPS) in Q1 2027. This represents an increase of 77.8% from the same quarter a year earlier. Against the prior quarter it is down 300.0%.
Cash & Balance Sheet
American Outdoor generated $12.9M in free cash flow in Q1 2027, representing cash available after capex. This represents an increase of 749.6% from the same quarter a year earlier. Against the prior quarter it is up 13.7%.
American Outdoor held $33.3M in cash as of Q1 2027; long-term debt is not reported for that period.
Not reported for Q1 2027.
Margins & Returns
American Outdoor's gross margin was 53.0% in Q1 2027, indicating the percentage of revenue retained after direct costs. This is up 6.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.1 percentage points.
American Outdoor's operating margin was -5.7% in Q1 2027, reflecting core business profitability. This is up 17.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.9 percentage points.
American Outdoor's net profit margin was -4.1% in Q1 2027, showing the share of revenue converted to profit. This is up 18.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.3 percentage points.
American Outdoor's ROE was -0.9% in Q1 2027, measuring profit generated per dollar of shareholder equity. This is up 3.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.7 percentage points.
Capital Allocation
American Outdoor invested $1.6M in research and development in Q1 2027. This represents a decrease of 20.6% from the same quarter a year earlier. Against the prior quarter it is down 1.6%.
American Outdoor repurchased no shares in Q1 2027. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.
American Outdoor invested $125K in capex in Q1 2027, funding long-term assets and infrastructure. This represents a decrease of 58.3% from the same quarter a year earlier. Against the prior quarter it is up 204.9%.
AOUT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $37.3M+25.4% | $47.1M-24.0% | $56.6M-3.3% | $57.2M-5.0% | $29.7M-28.7% | $61.9M+33.8% | $58.5M+9.5% | $60.2M+4.0% |
| Cost of Revenue | $17.5M+10.6% | $25.0M-31.8% | $33.4M+3.1% | $31.1M-0.7% | $15.8M-30.3% | $36.6M+36.1% | $32.4M+5.9% | $31.3M-0.4% |
| Gross Profit | $19.7M+42.4% | $22.1M-12.8% | $23.2M-11.3% | $26.1M-9.7% | $13.9M-26.8% | $25.3M+30.6% | $26.1M+14.4% | $28.9M+9.1% |
| R&D Expenses | $1.6M-20.6% | $1.6M-29.0% | $1.3M-31.6% | $1.2M-34.5% | $2.0M+16.8% | $2.2M+24.5% | $1.9M+8.6% | $1.9M+11.4% |
| SG&A Expenses | $8.0M-2.2% | $8.3M-15.6% | $8.0M-10.1% | $8.5M-6.1% | $8.2M-2.9% | $9.8M-1.4% | $8.9M-6.4% | $9.0M-4.5% |
| Operating Income | -$2.1M+69.0% | -$359K+62.3% | -$3.9M-1391.4% | $2.1M-31.9% | -$6.8M-164.9% | -$953K+82.7% | $303K+110.5% | $3.1M+14054.5% |
| EBITDA | $266K+107.0% | $2.6M+5.0% | -$945K-127.1% | $5.5M-13.5% | -$3.8M-613.9% | $2.5M+289.3% | $3.5M+214.8% | $6.4M+62.3% |
| Interest Expense | N/A | N/A | $165K+34.1% | $75K+1150.0% | N/A | N/A | $123K+89.2% | $6K |
| Income Tax | $1K-98.1% | -$8K-125.8% | $1K-98.3% | $0-100.0% | $52K+136.4% | $31K+131.6% | $58K+346.2% | $12K+130.0% |
| Net Income | -$1.5M+77.6% | -$381K+61.6% | -$4.1M-2510.1% | $2.1M-33.3% | -$6.8M-188.8% | -$992K+81.3% | $169K+105.8% | $3.1M+3940.3% |
| EPS (Basic) | -$0.12+77.8% | -$0.03+62.5% | -$0.32-3300.0% | $0.16-33.3% | -$0.54-200.0% | -$0.08+80.5% | $0.01+104.3% | $0.24+2300.0% |
| EPS (Diluted) | -$0.12+77.8% | -$0.03+62.5% | -$0.32-3300.0% | $0.16-33.3% | -$0.54-200.0% | -$0.08+80.5% | $0.01+104.3% | $0.24 |
| Diluted Shares (Avg) | 13M-1.3% | N/A | 13M-4.4% | 13M-2.1% | 13M-1.1% | N/A | 13M+1.9% | 13M |
AOUT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $228.6M-5.5% | $226.6M-8.0% | $225.0M-8.5% | $240.9M-5.2% | $241.9M-1.2% | $246.4M+2.4% | $245.9M+2.8% | $254.1M+4.3% |
| Current Assets | $166.9M-1.7% | $162.7M-5.2% | $158.6M-5.6% | $171.3M-1.7% | $169.8M+4.6% | $171.6M+10.4% | $168.0M+12.1% | $174.2M+6.1% |
| Cash & Equivalents | $33.3M+87.2% | $21.4M-8.5% | $10.4M-39.1% | $3.1M-78.1% | $17.8M-24.3% | $23.4M-21.1% | $17.1M+7.4% | $14.2M+69.7% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $100.3M-20.3% | $91.9M-12.3% | $110.2M-4.8% | $124.0M+11.1% | $125.8M+17.9% | $104.7M+12.2% | $115.8M+15.8% | $111.6M+2.2% |
| Accounts Receivable | $25.5M+17.2% | $29.2M-25.7% | $32.9M+4.0% | $40.3M-6.8% | $21.8M-17.4% | $39.3M+52.9% | $31.6M+16.2% | $43.3M+7.0% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | N/A | N/A | N/A | N/A | N/A | $0 | N/A | N/A |
| Total Liabilities | $64.2M-13.3% | $60.7M-11.7% | $59.3M-11.7% | $70.5M-6.3% | $74.1M+7.2% | $68.7M+9.7% | $67.2M+18.6% | $75.3M+30.5% |
| Current Liabilities | $33.8M-19.8% | $29.9M-18.7% | $28.1M-19.6% | $38.9M-8.8% | $42.2M+16.8% | $36.8M+25.2% | $34.9M+51.7% | $42.6M+25.4% |
| Non-Current Liabilities | $30.4M-4.6% | $30.8M-3.6% | $31.2M-3.3% | $31.6M-3.1% | $31.9M-3.2% | $31.9M-4.0% | $32.3M-4.0% | $32.6M+37.9% |
| Total Equity | $164.4M-2.1% | $165.9M-6.6% | $165.7M-7.3% | $170.4M-4.7% | $167.8M-4.5% | $177.6M-0.2% | $178.7M-2.1% | $178.9M-3.8% |
| Retained Earnings | -$85.4M-4.8% | -$83.9M-12.3% | -$83.5M-13.3% | -$79.5M-7.5% | -$81.5M-5.9% | -$74.7M-0.1% | -$73.7M-6.3% | -$73.9M-11.2% |
Not reported in any period shown, so not listed: Long-Term Debt.
AOUT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $13.0M+872.5% | $11.4M+47.0% | $9.9M+68.3% | -$13.3M-67.7% | -$1.7M+61.2% | $7.8M-47.1% | $5.9M-54.8% | -$7.9M+5.3% |
| Depreciation & Amortization | $2.4M-21.7% | $3.0M-13.5% | $3.0M-6.9% | $3.4M+3.6% | $3.0M-8.1% | $3.5M-17.2% | $3.2M-20.1% | $3.3M-16.2% |
| Stock-Based Compensation | $737K+13.2% | N/A | $777K-12.4% | $848K-5.8% | $651K-30.2% | N/A | $887K | $900K |
| Capital Expenditures | $125K-58.3% | $41K-92.7% | $936K-44.5% | $769K+1101.6% | $300K-64.5% | $559K+12.7% | $1.7M-49.2% | $64K-83.2% |
| Free Cash Flow | $12.9M+749.6% | $11.4M+57.8% | $9.0M+113.5% | -$14.1M-76.0% | -$2.0M+61.7% | $7.2M-49.2% | $4.2M-56.7% | -$8.0M+8.7% |
| Investing Cash Flow | -$494K-33.5% | $91K+118.1% | -$1.2M+34.1% | -$986K-110.7% | -$370K+66.5% | -$503K+23.3% | -$1.8M+51.3% | -$468K+37.2% |
| Financing Cash Flow | -$706K+80.4% | -$449K+50.1% | -$1.4M-16.9% | -$364K+56.5% | -$3.6M-362.0% | -$899K-340.7% | -$1.2M+31.5% | -$837K+30.7% |
| Share Buybacks | $0-100.0% | $508K-58.8% | $1.4M+17.1% | $662K-34.2% | $2.5M+562.5% | $1.2M+165.2% | $1.2M-31.7% | $1.0M-32.7% |
Not reported in any period shown, so not listed: Dividends Paid.
AOUT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 53.0%+6.3pp | 46.9%+6.0pp | 41.0%-3.7pp | 45.6%-2.4pp | 46.7%+1.2pp | 40.9%-1.0pp | 44.6%+1.9pp | 48.0%+2.3pp |
| Operating Margin | -5.7%+17.3pp | -0.8%+0.8pp | -6.9%-7.4pp | 3.7%-1.4pp | -23.0%-16.8pp | -1.5%+10.4pp | 0.5%+5.9pp | 5.1%+5.1pp |
| Net Margin | -4.1%+18.9pp | -0.8%+0.8pp | -7.2%-7.5pp | 3.6%-1.5pp | -23.0%-17.3pp | -1.6%+9.8pp | 0.3%+5.7pp | 5.2%+5.0pp |
| Return on Equity | -0.9%+3.1pp | -0.2%+0.3pp | -2.5%-2.6pp | 1.2%-0.5pp | -4.1%-2.7pp | -0.6%+2.4pp | 0.1%+1.7pp | 1.7%+1.7pp |
| Return on Assets | -0.7%+2.1pp | -0.2%+0.2pp | -1.8%-1.9pp | 0.9%-0.4pp | -2.8%-1.8pp | -0.4%+1.8pp | 0.1%+1.3pp | 1.2%+1.2pp |
| Current Ratio | 4.93+0.9x | 5.44+0.8x | 5.65+0.8x | 4.40+0.3x | 4.02-0.5x | 4.66-0.6x | 4.82-1.7x | 4.09-0.7x |
| Debt-to-Equity | 0.39-0.1x | 0.370.0x | 0.360.0x | 0.410.0x | 0.440.0x | 0.390.0x | 0.38+0.1x | 0.42+0.1x |
| Asset Turnover | 0.160.0x | 0.210.0x | 0.250.0x | 0.240.0x | 0.120.0x | 0.25+0.1x | 0.240.0x | 0.240.0x |
| FCF Margin | 34.7%+41.4pp | 24.1%+12.5pp | 15.9%+8.7pp | -24.6%-11.3pp | -6.7%+5.8pp | 11.6%-19.0pp | 7.2%-11.0pp | -13.3%+1.8pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| American Outdoor AOUT | FY2026 | $190.5M | -$9.2M | -4.8% | $182.8M | 42/100 |
| Escalade ESCA | FY2025 | $240.2M | $13.7M | 5.7% | $287.3M | 68/100 |
| Clarus Corp CLAR | FY2025 | $250.4M | -$47K | 0.0% | $143.6M | 43/100 |
| Jakks Pac Inc JAKK | FY2025 | $113.3M | N/A | N/A | $281.3M | 46/100 |
| Dogness International Corp DOGZ | FY2025 | $20.7M | -$5.1M | -24.6% | $17.2M | 60/100 |
| Playboy Inc PLBY | FY2025 | $120.9M | -$12.7M | -10.5% | $140.2M | 42/100 |
Where American Outdoor Ranks
Frequently Asked Questions
What is American Outdoor's annual revenue?
American Outdoor (AOUT) reported $190.5M in total revenue for fiscal year 2026. This represents a -14.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is American Outdoor's revenue growing?
American Outdoor (AOUT) revenue declined by 14.3% year-over-year, from $222.3M to $190.5M in fiscal year 2026.
Is American Outdoor profitable?
No, American Outdoor (AOUT) reported a net income of -$9.2M in fiscal year 2026, with a net profit margin of -4.8%.
What is American Outdoor's EBITDA?
American Outdoor (AOUT) had EBITDA of $3.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is American Outdoor's gross margin?
American Outdoor (AOUT) had a gross margin of 44.7% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is American Outdoor's operating margin?
American Outdoor (AOUT) had an operating margin of -4.7% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is American Outdoor's net profit margin?
American Outdoor (AOUT) had a net profit margin of -4.8% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is American Outdoor's return on equity (ROE)?
American Outdoor (AOUT) has a return on equity of -5.5% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is American Outdoor's free cash flow?
American Outdoor (AOUT) generated $4.3M in free cash flow during fiscal year 2026. This represents a 338.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is American Outdoor's operating cash flow?
American Outdoor (AOUT) generated $6.3M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are American Outdoor's total assets?
American Outdoor (AOUT) had $226.6M in total assets as of fiscal year 2026, including both current and long-term assets.
What are American Outdoor's capital expenditures?
American Outdoor (AOUT) invested $2.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does American Outdoor spend on research and development?
American Outdoor (AOUT) invested $6.1M in research and development during fiscal year 2026.
What is American Outdoor's current ratio?
American Outdoor (AOUT) had a current ratio of 5.44 as of fiscal year 2026, which is generally considered healthy.
What is American Outdoor's debt-to-equity ratio?
American Outdoor (AOUT) had a debt-to-equity ratio of 0.37 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is American Outdoor's return on assets (ROA)?
American Outdoor (AOUT) had a return on assets of -4.1% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is American Outdoor's P/E ratio?
American Outdoor (AOUT) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to July 31, 2026). The market capitalization is $182.8M as of Sep 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is American Outdoor's price-to-sales ratio?
American Outdoor (AOUT) trades at 0.9x sales, its market capitalization divided by revenue of $198.1M revenue, trailing 12 months to July 31, 2026. The market capitalization is $182.8M as of Sep 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is American Outdoor's Altman Z-Score?
American Outdoor (AOUT) has an Altman Z-Score of 2.70, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is American Outdoor's Piotroski F-Score?
American Outdoor (AOUT) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are American Outdoor's earnings high quality?
American Outdoor (AOUT) reported a net loss of $9.2M while generating $6.3M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can American Outdoor cover its interest payments?
American Outdoor (AOUT) reported an operating loss of $9.0M against $276K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is American Outdoor?
American Outdoor (AOUT) scores 42 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.