Clarus Corporation (CLAR) Q3 FY2026 earnings

Reported results

• Sales for the third quarter of 2026 were $71.2 million compared to $69.3 million in the same year-ago quarter.
• Gross margin was 41.0% in the third quarter of 2026 compared to 35.1% in the year-ago quarter.
• Net income in the third quarter of 2026 was $3.3 million with a net income margin of 4.6%, or $0.09 per diluted share, compared to net loss of $1.6 million with a net loss margin of (2.3)%, or $(0.04) per diluted share in the year-ago quarter.
• Adjusted net income was $5.7 million, or $0.15 per diluted share, compared to adjusted net income of $0.4 million, or $0.01 per diluted share in the year-ago quarter.
• Adjusted EBITDA was $6.8 million with an adjusted EBITDA margin of 9.6%, compared to Adjusted EBITDA of $1.8 million with an adjusted EBITDA margin of 2.6% in the year-ago quarter.

Guidance

• For fiscal year 2026, the Company expects sales to range between $251 million and $255 million.
• For fiscal year 2026, adjusted EBITDA is expected to range between approximately $15 million and $17 million, or an adjusted EBITDA margin of 6.3% at the mid-point of the revenue and adjusted EBITDA ranges.
• Fiscal year 2026 capital expenditures are expected to remain between $6 million and $7 million.
• Free cash flow is expected to be break even for full year 2026.
• For the fourth quarter of 2026, sales are expected to range between $62 million and $66 million.
• For the fourth quarter of 2026, adjusted EBITDA is expected to be approximately $3 million.

Notes

Beginning in the first quarter of 2026, the Company no longer adds back Legal costs and regulatory matter expenses or Other inventory reserves to Adjusted EBITDA; the three and nine months ended September 30, 2025 reconciliations have been restated to conform to the 2026 presentation.

Price and volatility reaction

Source

The figures above come from the earnings release the company filed with the SEC on 2026-11-05 (8-K, Item 2.02). Read the original filing on sec.gov.