CLAR · Clarus Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $250.44M | $264.31M | $286.02M | $448.11M | $375.79M | $224.01M |
| Cost of Revenue | $167.46M | $171.70M | $188.51M | $284.69M | $238.86M | $146.21M |
| Gross Profit | $82.98M | $92.62M | $97.51M | $163.42M | $136.93M | $77.80M |
| R&D | $11.93M | $12.17M | $12.74M | $14.64M | $11.86M | $10.16M |
| SG&A | $105.17M | $111.95M | $116.37M | $135.04M | $105.49M | $71.43M |
| Total Operating Expenses | $142.66M | $163.00M | $118.62M | $230.81M | $115.73M | $73.86M |
| D&A | $3.64M | $4.03M | $7.60M | $7.63M | $5.99M | $4.80M |
| Operating Income | ($59.68M) | ($70.38M) | ($21.11M) | ($67.39M) | $21.20M | $3.93M |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | ($10.53M) | $17.85M | ($4.29M) | ($7.35M) | ($12.21M) | ($1.96M) |
| Net Income | ($46.56M) | ($52.29M) | ($10.15M) | ($69.78M) | $26.09M | $5.54M |
| EPS - Basic | ($1.21) | ($1.37) | ($0.27) | ($1.88) | $0.79 | $0.18 |
| EPS - Diluted | ($1.21) | ($1.37) | ($0.27) | ($1.88) | $0.73 | $0.18 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $36.69M | $45.36M | $11.32M | $12.06M | $19.46M | $17.79M |
| Accounts Receivable | $44.84M | $43.68M | $53.97M | $66.55M | $66.18M | $50.48M |
| Inventory | $83.03M | $82.28M | $91.41M | $147.07M | $129.35M | $68.36M |
| Accounts Payable | $15.91M | $11.87M | $20.02M | $27.05M | $21.48M | - |
| Current Assets | $171.42M | $177.78M | $299.75M | $238.62M | $226.95M | $142.12M |
| Total Assets | $249.03M | $294.09M | $495.34M | $518.14M | $631.83M | $280.69M |
| Current Liabilities | $40.49M | $36.04M | $170.93M | $64.59M | $72.98M | $39.62M |
| Long-term Debt | $0 | $1.89M | $119.79M | $127.08M | $131.95M | $30.62M |
| Total Liabilities | $52.63M | $61.00M | $203.22M | $226.04M | $261.66M | $76.10M |
| Stockholders' Equity | $196.39M | $233.09M | $292.12M | $292.11M | $370.17M | $204.59M |
| Retained Earnings | ($457.25M) | ($406.86M) | ($350.74M) | ($336.84M) | ($263.34M) | ($286.10M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($4.75M) | ($7.30M) | $31.92M | $14.61M | ($304.0K) | $29.39M |
| Investing Cash Flow | $2.77M | $165.16M | ($11.42M) | ($7.75M) | ($178.14M) | ($35.58M) |
| Financing Cash Flow | ($5.88M) | ($123.24M) | ($20.25M) | ($13.86M) | $180.68M | $22.25M |
| CapEx | $5.16M | $6.74M | $5.72M | $8.25M | $17.38M | $5.41M |
| Free Cash Flow | ($9.91M) | ($14.04M) | $26.21M | $6.36M | ($17.69M) | $23.98M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 33.1% | 35.0% | 34.1% | 36.5% | 36.4% | 34.7% |
| Operating margin | -23.8% | -26.6% | -7.4% | -15.0% | 5.6% | 1.8% |
| EBITDA margin | -22.4% | -25.1% | -4.7% | -13.3% | 7.2% | 3.9% |
| Net margin | -18.6% | -19.8% | -3.5% | -15.6% | 6.9% | 2.5% |
| Free cash flow margin | -4.0% | -5.3% | 9.2% | 1.4% | -4.7% | 10.7% |
| FCF / Net income | 0.21 | 0.27 | -2.58 | -0.09 | -0.68 | 4.32 |
| R&D / Revenue | 4.8% | 4.6% | 4.5% | 3.3% | 3.2% | 4.5% |
| SG&A / Revenue | 42.0% | 42.4% | 40.7% | 30.1% | 28.1% | 31.9% |
| Effective tax rate | - | - | - | - | -88.0% | -54.7% |
| Return on assets | -18.7% | -17.8% | -2.0% | -13.5% | 4.1% | 2.0% |
| Return on equity | -23.7% | -22.4% | -3.5% | -23.9% | 7.0% | 2.7% |
| Return on invested capital | -24.0% | -23.7% | -4.0% | -12.7% | 4.2% | 1.7% |
| Liquidity | ||||||
| Current ratio | 4.23 | 4.93 | 1.75 | 3.69 | 3.11 | 3.59 |
| Quick ratio | 2.18 | 2.65 | 1.22 | 1.42 | 1.34 | 1.86 |
| Cash ratio | 0.91 | 1.26 | 0.07 | 0.19 | 0.27 | 0.45 |
| Leverage | ||||||
| Debt / Equity | 0.00 | 0.01 | 0.41 | 0.44 | 0.36 | 0.15 |
| Debt / Assets | 0.00 | 0.01 | 0.24 | 0.25 | 0.21 | 0.11 |
| Debt / EBITDA | - | - | - | - | 4.85 | 3.51 |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 1.27 | 1.26 | 1.70 | 1.77 | 1.71 | 1.37 |
| Liabilities / Assets | 0.21 | 0.21 | 0.41 | 0.44 | 0.41 | 0.27 |
| Efficiency | ||||||
| Asset turnover | 1.01 | 0.90 | 0.58 | 0.86 | 0.59 | 0.80 |
| Inventory turnover | 2.02 | 2.09 | 2.06 | 1.94 | 1.85 | 2.14 |
| Days sales outstanding | 65d | 60d | 69d | 54d | 64d | 82d |
| Days inventory outstanding | 181d | 175d | 177d | 189d | 198d | 171d |
| Days payable outstanding | 35d | 25d | 39d | 35d | 33d | - |
| Cash conversion cycle | 212d | 210d | 207d | 208d | 229d | - |
| Valuation | ||||||
| P / E | - | - | - | - | 38.0x | 85.6x |
| P / B | 0.7x | 0.7x | 0.9x | 1.0x | 2.7x | 2.4x |
| P / S | 0.5x | 0.7x | 0.9x | 0.7x | 2.6x | 2.1x |
| EV / EBITDA | - | - | - | - | 40.5x | 56.5x |
| Growth | ||||||
| Revenue growth (YoY) | -5.2% | -7.6% | -36.2% | 19.2% | 67.8% | -2.4% |
| Revenue CAGR (3y) | -17.6% | -11.1% | 8.5% | 25.0% | 36.4% | - |
| Revenue CAGR (5y) | 2.3% | 2.9% | 14.1% | - | - | - |
| Gross profit growth (YoY) | -10.4% | -5.0% | -40.3% | 19.3% | 76.0% | -3.1% |
| Operating income growth (YoY) | 15.2% | -233.4% | 68.7% | - | 438.9% | -65.6% |
| Net income growth (YoY) | 11.0% | -415.3% | 85.5% | - | 370.6% | -70.8% |
| EPS growth (YoY) | 11.7% | -407.4% | 85.6% | - | 305.6% | -70.5% |
| EPS CAGR (3y) | - | - | - | - | 44.9% | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | 29.4% | - | 312.1% | - | - | 343.6% |
| FCF CAGR (5y) | - | - | 26.7% | - | - | 94.3% |
| Book value growth (YoY) | -15.7% | -20.2% | 0.0% | -21.1% | 80.9% | 12.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$106.12M totalOutdoor Segment$88.74M · 83.6%
Adventure Segment$17.38M · 16.4%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
0.65
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Sporting & Athletic Goods, NEC
Comparing Clarus Corp against the 5 most active filers in the same SIC group.
Dividends
$0.10/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 18, 2026 | $0.0250 |
| Mar 16, 2026 | $0.0250 |
| Nov 17, 2025 | $0.0250 |
| Aug 11, 2025 | $0.0250 |
| May 19, 2025 | $0.0250 |
| Mar 17, 2025 | $0.0250 |
| Nov 18, 2024 | $0.0250 |
| Aug 9, 2024 | $0.0250 |
| May 9, 2024 | $0.0250 |
| Mar 15, 2024 | $0.0250 |
| Nov 13, 2023 | $0.0250 |
| Aug 11, 2023 | $0.0250 |
| May 5, 2023 | $0.0250 |
| Mar 6, 2023 | $0.0250 |
| Nov 10, 2022 | $0.0250 |
| Aug 5, 2022 | $0.0250 |
| May 6, 2022 | $0.0250 |
| Mar 4, 2022 | $0.0250 |
| Nov 5, 2021 | $0.0250 |
| Aug 6, 2021 | $0.0250 |
| May 7, 2021 | $0.0250 |
| Feb 5, 2021 | $0.0250 |
| Nov 6, 2020 | $0.0250 |
| Jan 31, 2020 | $0.0249 |