$COLM Columbia Sportswear Company

What Do They Do?

Sells outdoor apparel, footwear and equipment to consumers, retailers and international distributors.

How Do They Make Money?

Wholesale customers buy products, with sales tied to shipment or receipt; shoppers buy in stores at checkout or online when orders ship. Trademark licensees pay royalties over time based on minimum guarantees or sales of licensed products.

revenue

Segment	Share	Revenue	How money arrives
Apparel, Accessories and Equipment Sold outright	80% FY2022: 77%		Sold outright
Footwear Sold outright	20% FY2022: 23%		Sold outright

Who Are Their Customers?

Retailers and international distributors buy through wholesale channels; consumers buy through the company's stores and websites, as well as shop-in-shop locations.

Do Revenues Turn Into Profits?

Yes. It kept 5 cents of every revenue dollar as net income in FY2025 and turned 6 cents into free cash flow.

Operating income, FY2025

6% of revenue

▼ −24% vs FY2024 ($270.7M, 8%)

Net income, FY2025

5% of revenue

▼ −21% vs FY2024 ($223.3M, 7%)

Free cash flow, FY2025

6% of revenue

▼ −50% vs FY2024 ($431.2M, 13%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +2%; vs $605.2M in Q2 FY2025
Net income: ▲ Now profitable; vs −$10.2M in Q2 FY2025

Apparel, Accessories and Equipment share of revenue vs 81.7% in Q2 FY2025

Growing. Revenue grew 9% in 4 years, from $3.1B in FY2021 to $3.4B in FY2025, about 2% a year.

Revenue over time

Apparel, Accessories and Equipment Footwear

$5B$2.5B$0

FY2021 FY2022 FY2023 FY2024 FY2025