Clarus Corp income statement
In fiscal 2025, Clarus Corp reported revenue of $250m, down 5.2% on the year before, operating income of −$59.7m (a -23.8% margin) and net income of −$46.6m, or −$1.21 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 1 | 0 | 148 | 171 | 212 | 229 | 224 | 266 | 315 | 286 | 264 | 250 | 253 |
| Cost of revenue | — | — | — | — | 117 | 138 | 149 | 146 | 178 | 205 | 189 | 172 | 167 | 160 |
| Gross profit | 56 | 47 | 58 | 44 | 54 | 74 | 80 | 78 | 88 | 110 | 98 | 93 | 83 | 93 |
| Research and development | 4 | 6 | 7 | 7 | 8 | 9 | 11 | 10 | 10 | 13 | 13 | 12 | 12 | — |
| Selling, general and administrative | 56 | 61 | 64 | 50 | 56 | 65 | 69 | 71 | 91 | 121 | 115 | 112 | 105 | 103 |
| Operating income | −3 | −14 | −10 | −6 | −5 | 8 | 11 | 4 | −13 | −106 | −21 | −70 | −60 | −44 |
| Interest expense | 3 | 4 | — | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | −4 | −16 | −13 | −8 | −6 | 6 | 10 | 4 | −17 | −108 | −20 | −71 | −57 | −40 |
| Income tax | −3 | −5 | −4 | 1 | −5 | −1 | −9 | −2 | −19 | −15 | −4 | 18 | −11 | −9 |
| Net income | 2 | −6 | 14 | −9 | −1 | 7 | 19 | 6 | 26 | −70 | −10 | −52 | −47 | −31 |
| Diluted EPS | $0.07 | −$0.18 | $0.43 | −$0.30 | −$0.02 | $0.24 | $0.61 | $0.18 | $0.73 | −$1.88 | −$0.27 | −$1.37 | −$1.21 | −$0.82 |
| Diluted shares (average) | 30m | 32m | 33m | 30m | 30m | 30m | 31m | 31m | 36m | 37m | 37m | 38m | 38m | 38m |
| EBITDA | 1 | −9 | −6 | −4 | −2 | 13 | 16 | 9 | −7 | −99 | −14 | −66 | −56 | −40 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 67 | 71 | 60 | 55 | 69 | 65 | 62 | 56 |
| Cost of revenue | 44 | 48 | 40 | 36 | 45 | 47 | 39 | 29 |
| Gross profit | 23 | 24 | 21 | 20 | 24 | 18 | 23 | 27 |
| Selling, general and administrative | 28 | 28 | 27 | 27 | 26 | 25 | 27 | 24 |
| Operating income | −5 | −50 | −7 | −11 | −3 | −39 | −6 | 5 |
| Income before tax | −4 | −52 | −6 | −9 | −4 | −38 | −3 | 5 |
| Income tax | −1 | 21 | −1 | −1 | −2 | −7 | 0 | 0 |
| Net income | −3 | −66 | −5 | −8 | −2 | −31 | −3 | 5 |
| Diluted EPS | −$0.08 | −$1.72 | −$0.14 | −$0.22 | −$0.04 | −$0.81 | −$0.09 | $0.12 |
| EBITDA | −4 | −49 | −6 | −10 | −2 | −38 | −5 | 6 |
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