ASO at a glance
Academy Sports & Outdoors, Inc. (ASO, SEC CIK 1817358) filed its latest 10-K annual report on March 17, 2026, a 10-Q quarterly report on September 9, 2026, an 8-K current report on September 9, 2026 and Form 4 insider filings as recently as September 16, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended January 31, 2026 (FY2026), Academy Sports & Outdoors, Inc. (ASO) reported revenue of $6.1 billion (up 2.0% from FY2025) and net income of $376.8 million. Diluted EPS was $5.54.
- As of June 30, 2026, 35 institutional investment managers tracked by SignalX reported holding Academy Sports & Outdoors, Inc. (ASO) shares worth $1.9 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by MARLEY BRIAN T on September 15, 2026 of 3,932 shares at $54.00 per share.
- In the last 90 days, ASO insiders reported 0 open-market purchases ($0) and 7 open-market sales ($5.6M) on Form 4, a net sale of $5.6M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2026
- $6.1B
- +2.0% vs prior year
- Insiders · 90 days
- 0 buys · 7 sells
- Net −$5.6M
- 13F holders
- 35 funds
- $1.9B · +4 vs prior quarter
- Latest 8-K
- Sep 9, 2026
- Item 7.01 · Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Jan 31, 2026
Business Overview
- Core business: U.S. sporting goods and outdoor recreation retail with 322 stores in 21 states, focusing on value-based, localized merchandising
- New emphasis on omnichannel growth with BOPIS and launched myAcademy Rewards loyalty platform in July 2024
- Strategic focus on expanding footprint in southern U.S. and high-growth metro areas with significant whitespace for new stores
- Merchandise sales $6.02B in fiscal 2026, up 2% from $5.90B in fiscal 2025, with e-commerce growing to 11.7% of sales
- Private label brands represent 22% of sales with 53% customer penetration, reinforcing differentiation from competitors
Risk Factors
- Tariff risk amid shifting global trade policies, prompting inventory, pricing, and sourcing adjustments to mitigate impact on merchandise margin
- Economic exposure to inflation and consumer spending slowdown affecting sales growth amid uncertain macroeconomic environment
- Heavy operational dependence on 322 stores across 21 southern U.S. states and 3 distribution centers with 95% sales store-facilitated, risking disruption from regional events
- Market disruption risk from omnichannel competitors investing in AI-enabled shopping experiences and marketplace commerce integrations
- Rising SG&A to 26.3% of sales in 2025 driven by growth investments and 24 new stores opened, pressuring profitability and requiring careful expense management
Management Discussion & Analysis
- Revenue $6.05B, up 2.0% YoY from $5.93B; growth led by Sports & Recreation (+3.6%), Apparel (+2.4%), Footwear (+1.2%), Outdoor (+1.2%)
- Gross margin 34.8% vs 33.9%, up 90 bps; operating margin 8.5% vs 9.1%, down 60 bps; operating income $512.2M vs $538.6M, down 4.9%
- Best segment: Sports & Recreation merch, +3.6% sales growth; worst: Comparable store sales down 1.5% driven by all divisions except Sports & Recreation
- Cash flow: Operating cash flow $434.8M vs $528.1M; capex $212.7M, up from $199.6M; share repurchases $199.0M; dividends paid $34.7M
- Outlook: Capex guidance $200M-$240M for 2026; management notes focus on new store growth (24 opened in 2025), with 63 stores opened since 2022; risks include comparable sales decline and tariff-related cost management
AI summary of the ASO 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Aug 1, 2026
Management Discussion & Analysis
- Operating cash flow $349.0M, up $113.0M year-to-date versus $236.0M
- Cash and equivalents decreased $32.1M versus a $11.9M increase year-to-date
- Capital expenditures $111.3M versus $107.6M, with new stores $60.1M
- Financing outflows $269.7M, including $484.3M debt repayment and $81.5M share repurchases
- Fiscal 2026 capital expenditure guidance $200M–$240M, allocated 60% to new stores
Risk Factors
- No material changes to 10-K risk factors reported for the quarter
- Carried-forward business risk: additional unknown or currently immaterial risks could materially adversely affect results
- No new regulatory, legal, or compliance risk identified in the risk-factors section
- No newly disclosed operational, competitive, market, liquidity, debt, currency, or concentration risk identified
AI summary of the ASO 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 7.01: Regulation FD Disclosure
- Second-quarter fiscal 2026 earnings presentation posted September 9, 2026
- Exhibit 99.2 contains management’s earnings materials for investor review
Item 2.02: Results of Operations and Financial Condition
- Q2 fiscal 2026 results for quarter ended August 1, 2026
- Press release issued September 9, 2026, with financial details in Exhibit 99.1
Item EX-99.1: Item EX-99.1
- Q2 sales rose 3.0% to $1,647.3M, while comparable sales declined 0.4%, signaling growth primarily from new stores and eCommerce
- Adjusted EPS increased 19.1% to $2.31, supported by gross margin expansion to 40.4% from 36.0%
Item 2.02: Results of Operations and Financial Condition
- Q1 fiscal 2026 results for quarter ended May 2, 2026
- Press release issued June 9, 2026
Item 7.01: Regulation FD Disclosure
- First-quarter fiscal 2026 earnings presentation posted June 9, 2026
- Presentation available at investors.academy.com and filed as Exhibit 99.2
Item 8.01: Other Events
- Shannon Hennessy appointed to Compensation Committee effective June 4, 2026
- Clay Johnson appointed to Audit Committee effective June 4, 2026
Item 5.07: Submission of Matters to a Vote of Security Holders
- Stockholders elected Ken Hicks, Beryl Raff, and Jeff Tweedy as Class III directors through the 2028 annual meeting
- Director support exceeded 98% of votes cast, indicating strong stockholder approval
AI summaries of ASO 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for ASO
Don't miss the next ASO filing
- Alerts as it files. A push when ASO files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut ASO, by share count.
- Ask anything. An AI agent that reads every ASO filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| MARLEY BRIAN T | Sell | Sep 15, 2026 | 3,932 | $54.00 |
| Johnson Samuel J | Sell | Sep 15, 2026 | 9,123 | $51.85 |
| Johnson Samuel J | Sell | Sep 15, 2026 | 27,370 | $52.82 |
| Johnson Samuel J | Sell | Sep 15, 2026 | 33,810 | $50.95 |
| MARLEY BRIAN T | Sell | Sep 15, 2026 | 6,500 | $52.80 |
| Johnson Samuel J | M | Sep 14, 2026 | 25,580 | $26.99 |
| Johnson Samuel J | M | Sep 14, 2026 | 25,580 | - |
| Johnson Samuel J | Sell | Sep 14, 2026 | 25,580 | $53.95 |
Financial SummaryXBRL
| Metric | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $5.9B | $6.1B |
| Gross Profit | - | $2.0B | $2.1B |
| Operating Income | - | $538.6M | $512.2M |
| Net Income | - | $418.4M | $376.8M |
| Gross Margin | - | 33.9% | 34.8% |
| Op. Margin | - | 9.1% | 8.5% |
| Net Margin | - | 7.1% | 6.2% |
| Balance Sheet | |||
| Total Assets | $4.7B | $4.9B | $5.3B |
| Equity | $2.0B | $2.0B | $2.2B |
| ROE | - | 20.9% | 17.4% |
| Per Share | |||
| EPS | - | $5.73 | $5.54 |
| Cash Flow | |||
| Operating CF | - | $528.1M | $434.8M |
| CapEx | - | $199.6M | $212.7M |
Source: XBRL data in Academy Sports & Outdoors, Inc. (ASO)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate ASO share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 35 | $1.91B |
| Q1 2026 | 31 | $2.32B |
| Q4 2025 | 31 | $2.14B |
| Q3 2025 | 32 | $2.14B |
| Q2 2025 | 33 | $1.92B |
| Q1 2025 | 28 | $1.51B |
| Q4 2024 | 25 | $1.76B |
| Q3 2024 | 22 | $711.6M |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 237 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
ASO filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 16, 2026 | - | - | - |
| 4 | Sep 16, 2026 | - | - | - |
| 8-K | Sep 9, 2026 | - | Analysis | - |
| 10-Q | Sep 9, 2026 | Aug 1, 2026 | Analysis | |
| 4 | Sep 8, 2026 | - | - | - |
| 4 | Sep 8, 2026 | - | - | - |
| SC 13G | Aug 6, 2026 | - | - | |
| 4 | Jul 17, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 10-Q | Jun 10, 2026 | May 2, 2026 | Analysis | |
| 8-K | Jun 9, 2026 | - | Analysis | |
| 4 | Jun 9, 2026 | - | - | |
| 4 | Jun 9, 2026 | - | - | |
| 8-K | Jun 4, 2026 | - | Analysis | |
| 4 | Jun 3, 2026 | - | - |
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ASO SEC filings: frequently asked questions
Are ASO insiders buying or selling?
In the last 90 days, Academy Sports & Outdoors, Inc. (ASO) officers, directors and 10% owners reported no open-market purchases and 7 open-market sales worth $5.6 million by 3 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold ASO stock?
As of June 30, 2026, the largest Academy Sports & Outdoors, Inc. (ASO) holders among the 13F filers tracked by SignalX were BlackRock ($468.1 million), FMR LLC (Fidelity) ($437.8 million), Dimensional Fund Advisors ($192.7 million), Vanguard Portfolio Management LLC ($180.2 million), Vanguard Capital Management LLC ($137.0 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was ASO's revenue in fiscal year 2026?
For the fiscal year ended January 31, 2026 (FY2026), Academy Sports & Outdoors, Inc. (ASO) reported revenue of $6.1 billion (up 2.0% from FY2025) and net income of $376.8 million. Diluted EPS was $5.54. The figures come from the XBRL data in the 10-K.
What are the main risks in ASO's latest 10-K?
In the 10-K filed March 17, 2026, Academy Sports & Outdoors, Inc. (ASO) flagged: Tariff risk amid shifting global trade policies, prompting inventory, pricing, and sourcing adjustments to mitigate impact on merchandise margin. Economic exposure to inflation and consumer spending slowdown affecting sales growth amid uncertain macroeconomic environment. (AI summary of the Risk Factors section.)
What did ASO report in its latest 8-K?
Academy Sports & Outdoors, Inc. (ASO) filed an 8-K on September 9, 2026 reporting Item 7.01 (Regulation FD Disclosure) and Item 2.02 (Results of Operations and Financial Condition). Second-quarter fiscal 2026 earnings presentation posted September 9, 2026.
What are the latest ASO SEC filings?
Academy Sports & Outdoors, Inc. (ASO) filed its latest 10-K annual report on March 17, 2026, a 10-Q quarterly report on September 9, 2026, an 8-K current report on September 9, 2026 and a Form 4 insider filing on September 16, 2026.
What is ASO's SEC CIK number?
Academy Sports & Outdoors, Inc. (ASO)'s SEC Central Index Key (CIK) is 1817358. EDGAR lists every ASO filing under that number.
Ask anything about ASO
The research agent reads ASO's filings, financials, insider trades and 13F holders, then answers with sources.