How Academy Sports and Outdoors makes money

Period

FY2025

How does Academy Sports and Outdoors make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Academy Sports and Outdoors Inc. · FY2025 · year ended 2026-01-31

Revenue$6.1BGross profit$2.1B · 35%Cost of revenue$3.9B · 65%Operating income$512M · 8%Operating expenses$1.6B · 26%SG&A$1.6B · 26%Net income$377M · 6%Income tax$109M · 2%Outdoors$1.8B · 30%Apparel$1.6B · 27%Sports & Recreation$1.3B · 22%Footwear$1.2B · 20%Other$36M · 1%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.