AS financial statements

The full income statement, balance sheet, and cash-flow statement for Amer Sports Inc. (AS), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2021-12 383.3M2022-12 384.3M2023-12 384.5M2024-12 501.7M2025-12 557.7M+45.5% over 4 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	6.57B YoY+26.7%	5.18B YoY+17.8%	4.40B YoY+23.2%	3.57B YoY+16.5%	3.07B
	3.78B YoY+31.8%	2.87B YoY+24.4%	2.31B YoY+29.2%	1.79B YoY+18.6%	1.51B
Cost of revenue	2.78B YoY+20.4%	2.31B YoY+10.5%	2.09B YoY+17.2%	1.79B YoY+14.4%	1.56B
Operating income	702M YoY+49.1%	471M YoY+55.6%	303M YoY+497.8%	50.6M YoY-72.9%	187M
Interest expense	—	67.6M YoY+327.8%	15.8M YoY+1680.0%	-1.00M YoY-100.4%	279M
Pre-tax income	625M YoY+287.4%	161M YoY+254.1%	-105M YoY+42.7%	-183M YoY-103.3%	-89.8M
Income tax	184M YoY+122.3%	82.8M YoY-20.5%	104M YoY+115.7%	48.3M YoY+39.2%	34.7M
	440M YoY+461.7%	78.4M YoY+137.5%	-209M YoY+17.4%	-253M YoY-100.1%	-126M
Net income to common	427M YoY+488.7%	72.6M YoY+134.8%	-209M YoY+17.5%	-253M YoY-100.1%	-126M
	$0.76 YoY+442.9%	$0.14 YoY+125.9%	-$0.54 YoY+18.2%	-$0.66 YoY-100.0%	-$0.33
EPS (basic)	$0.77 YoY+413.3%	$0.15 YoY+127.8%	-$0.54 YoY+18.2%	-$0.66 YoY-100.0%	-$0.33
	556M YoY+11.6%	498M YoY+29.5%	384M YoY+0.1%	384M YoY+0.3%	383M
	563M YoY+12.2%	502M YoY+30.5%	384M YoY+0.1%	384M YoY+0.3%	383M
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	3.30B YoY+34.4%	2.46B YoY+4.6%	2.35B YoY+8.2%	2.17B	—
Cash & equivalents	652M YoY+88.9%	345M YoY-28.5%	483M YoY+20.2%	402M YoY-29.2%	568M
Inventory	1.62B YoY+32.6%	1.22B YoY+11.2%	1.10B YoY+20.5%	913M	—
	10.1B YoY+19.9%	8.40B YoY+0.3%	8.37B YoY+6.1%	7.90B	—
Property, plant & equipment	698M YoY+27.0%	550M YoY+24.3%	442M YoY+22.1%	362M	—
Goodwill	2.34B YoY+9.9%	2.13B YoY-6.3%	2.27B YoY+1.2%	2.24B	—
Total non-current assets	6.76B YoY+13.9%	5.94B YoY-1.4%	6.02B YoY+5.2%	5.72B	—
	2.21B YoY+36.9%	1.61B YoY+2.6%	1.57B YoY+23.0%	1.28B	—
Short-term & current debt	143M YoY+4.6%	137M YoY-64.2%	381M	—	—
	4.24B YoY+25.3%	3.39B YoY-60.3%	8.53B YoY+7.0%	7.97B	—
Long-term debt	792M YoY+0.2%	791M YoY-86.7%	5.94B	—	—
	5.80B YoY+16.1%	5.00B YoY+3220.7%	-160M YoY-116.8%	-73.9M YoY-294.5%	38.0M
Total equity incl. non-controlling	5.82B YoY+16.2%	5.01B YoY+3294.1%	-157M YoY-112.2%	-73.9M YoY-294.5%	38.0M
	558M YoY+0.7%	554M YoY+9.6%	505M	—	—
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	730M YoY+71.8%	425M YoY+113.4%	199M YoY+317.0%	-91.7M YoY-134.2%	268M
Depreciation & amortization	384M YoY+40.3%	274M YoY+23.9%	221M YoY+13.7%	194M YoY-0.7%	196M
Acquisitions	0.00	0.00	0.00	0.00	0.00
Long-term debt issued	0.00 YoY-100.0%	2.03B	0.00	0.00 YoY-100.0%	135M
Long-term debt repaid	0.00 YoY-100.0%	3.06B	0.00	0.00 YoY-100.0%	121M
Common stock issued	0.00 YoY-100.0%	2.56B	0.00	0.00	0.00
Common stock repurchased	0.00	0.00	0.00	0.00	0.00
Dividends paid	0.00	0.00	0.00	0.00	0.00
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	20.8B YoY+48.5%	14.0B	—	—	—
P/E	47.3× YoY-73.6%	178.9×	—	—	—
P/S	3.2× YoY+17.2%	2.7×	—	—	—
P/B	3.6× YoY+27.9%	2.8×	—	—	—
	2.1% YoY+278.3%	0.56%	—	—	—
Source filing	20-F	20-F	20-F	10-K	10-K

About this data

Source: AS's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all AS filings on SEC EDGAR → Not investment advice.