CLAR Clarus Corp

FY2025 10-K
Filed: Mar 5, 2026
Consumer Discretionary
Sporting & Athletic Goods, NECSEC EDGAR

Clarus Corp (CLAR) filed its fiscal year 2025 10-K annual report with the SEC on Mar 5, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Global designer, manufacturer, and distributor of outdoor and adventure equipment across iconic brands like Black Diamond and Rhino-Rack
  • New segment emphasis: Completed acquisition of RockyMounts in Dec 2024 and divested Precision Sport segment and PIEPS asset by mid-2025
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Management Discussion & Analysis

  • Operating cash use $4.7M in 2025 vs $7.3M in 2024; free cash flow negative $9.9M in 2025 vs negative $14M in 2024
  • Investing cash inflow $2.8M in 2025 vs $165.2M in 2024; 2024 includes Precision Sport segment sale proceeds
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Risk Factors

  • Regulatory/legal risk: U.S. Consumer Product Safety Commission investigation and proposed civil penalties totaling $25.1M for Black Diamond avalanche transceivers reporting violations under Consumer Product Safety Act
  • Geopolitical/macro risk: Revenue exposure $144.3M international sales in 2025, with significant operations and assets in Australia and Austria facing diverse tax rates and regulatory environments
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Financial Summary
XBRL

Revenue

$250M

Net Income

-$47M

Gross Margin

33.1%

Operating Margin

-23.8%

Net Margin

-18.6%

ROE

-23.7%

Total Assets

$249M

EPS (Diluted)

$-1.21

Operating Cash Flow

-$5M

Source: XBRL data from Clarus Corp FY2025 10-K filing on SEC EDGAR. All figures in USD.

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