Clarus Reports Fourth Quarter and Full Year 2025 Results

About this update from Clarus Corporation

Fourth Quarter Sales of $65.4 million, Adjusted EBITDA of $1.2 million, and Free Cash Flow of $11.6 million Continued Focus on Simplification Strategy to Position Company for Profitable Growth Apparel Sales in the Outdoor segment up 10% in the Fourth Quarter SALT LAKE CITY, March 05, 2026 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, reported financial results for the fourth quarter and full year ended December 31, 2025. Fourth Quarter 2025 Financial Summary vs. Same Year‐Ago Quarter Sales of $65.4 million compared to $71.4 million.Gross margin was 27.7% compared to 33.4%; adjusted gross margin of 33.6% compared to 38.0%.Net loss of $31.3 million, or $(0.81) per diluted share1, compared to net loss(including the impact of discontinued operations) of $65.5 million, or $(1.71) per diluted share2.Loss from continuing operations of $31.3 million, or $(0.81) per diluted share, compared to loss from continuing operations of $73.3 million, or $(1.92) per diluted share.Adjusted net income of $3.6 million, or $0.09 per diluted share, compared to adjusted net loss of $3.2 million, or $(0.08) per diluted share.Adjusted EBITDA of $1.2 million with an adjusted EBITDA margin of 1.8% compared to $4.4 million with an adjusted EBITDA margin of 6.1%. 2025 Financial Summary vs. 2024 Sales of $250.4 million compared to $264.3 million.Gross margin was 33.1% compared to 35.0%; adjusted gross margin was 34.9% compared to 37.5%.Net loss of $46.6 million, or $(1.21) per diluted share1, compared to net loss (including the impact of discontinued operations)of $52.3 million, or $(1.37) per diluted share3.Loss from continuing operations of $46.6 million, or $(1.21) per diluted share, compared to loss from continuing operations of $88.4 million, or $(2.31) per diluted share.Adjusted income from continuing operations of $3.7 million, or $0.10 per diluted share, compared to adjusted loss from continuing operations of $2.6 million, or $(0.07) per diluted share.Adjusted EBITDA of $1.1 million with an adjusted EBITDA margin of 0.4% compared to $6.9 million with an adjusted EBITDA margin of 2.6%. 1 Includes $29.9 million and $31.4 million impairment of goodwill and indefinite-lived intangible assets for the fourth quarter and full year ended December 31, 2025, respectively. 2 Includes $44.8 ...

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