earnings
confidence high
sentiment negative
materiality 0.80
Clarus Q4 sales $65.4M, net loss $0.81/share; FY2026 guidance implies recovery
Clarus Corp
- Q4 sales $65.4M (down 8% YoY); net loss $31.3M ($0.81 loss per diluted share) includes $29.9M goodwill impairment.
- Adjusted net income $3.6M ($0.09 diluted share) vs adjusted net loss $3.2M in prior-year quarter.
- Full year 2025 sales $250.4M (down 5.2% YoY); adjusted EBITDA $1.1M, margin 0.4% vs 2.6% in 2024.
- FY2026 guidance: sales $255-265M, adjusted EBITDA $9-11M, capex $6-7M, free cash flow $3-4M.
- Debt-free balance sheet with $36.7M cash; Adventure segment goodwill impaired $29.9M.