On February 24, Amer Sports, Inc., the parent company of Arc'teryx, announced its financial results for the fourth quarter and full year of 2025. The report indicates that full-year revenue for 2025 reached $6.57 billion, representing a 27% increase compared to 2024. Revenue for the fourth quarter of 2025 grew by 28% year-over-year to $2.10 billion.

In the Greater China and Asia-Pacific regions, fourth-quarter revenue in Greater China increased by 41.8% year-over-year, with full-year revenue rising 43.4%. The Asia-Pacific region saw a 53.1% increase in the fourth quarter and a 50.7% increase for the full year.

Global CEO Zheng Jie stated that the fourth quarter marked a successful conclusion to a breakthrough year for Amer Sports. Driven by the flagship brand Arc'teryx and the consistently rapid growth of Salomon, the group achieved robust performance, with Salomon's annual sales surpassing $2 billion for the first time. For the full year 2025, group revenue increased by 27%, the operating margin improved by more than 150 basis points, and all business segments, regions, and channels delivered double-digit growth. Looking ahead, the company is confident in achieving sustained, high-quality growth. Amer Sports' unique portfolio of functional apparel and outdoor brands positions it to capitalize on the strong growth potential of the premium sports and outdoor market. Globally, the premium sports and outdoor sector remains one of the healthiest and most dynamic segments in the consumer market.

Chief Financial Officer Andrew Page commented that during the fourth quarter, while increasing investment in Salomon, the group maintained strong performance with healthy growth in volume, gross margin, and earnings per share. The diverse brand portfolio demonstrated robust sales and profitability, enabling the company to seize significant growth opportunities in Salomon's footwear and apparel business while steadily advancing overall group performance. By the end of 2025, the net leverage ratio was just 0.3x, and full-year operating cash flow exceeded $700 million, indicating a more solid financial foundation than before. Looking forward, with continued growth from Arc'teryx, accelerated development in Salomon's footwear business, and further stabilization of the equipment segment, the company is confident in achieving another successful year in 2026.