Revenue growth remains highly seasonal with year-over-year increases of 18.2% in 2026Q4, though operating margins remain volatile, swinging to -147.2% in 2026Q1 due to high fixed overhead.
| Sales/Revenue | 1.53B | 1.35B | 1.33B | 1.22B | 1.1B | 903.7M | 958.1M | 830.5M | 591.18M | 403.78M | 290.83M | 218.41M |
| Revenue Growth % | 13.63% | 1.09% | 9.6% | 10.8% | 21.54% | -5.68% | 15.36% | 40.48% | 46.41% | 38.84% | 33.16% | - |
| Cost of Goods Sold | 595.74M | 405.3M | 416.4M | 401.8M | 364.8M | 358.9M | 364.8M | 313.7M | 243.57M | 191.71M | 145.21M | 129.81M |
| COGS % of Revenue | 38.88% | 30.06% | 31.22% | 33.02% | 33.21% | 39.71% | 38.08% | 37.77% | 41.2% | 47.48% | 49.93% | 59.43% |
| Gross Profit | 936.41M | 943.1M | 917.4M | 815.2M | 733.6M | 544.8M | 593.3M | 516.8M | 347.61M | 212.07M | 145.62M | 88.61M |
| Gross Margin % | 61.12% | 69.94% | 68.78% | 66.98% | 66.79% | 60.29% | 61.92% | 62.23% | 58.8% | 52.52% | 50.07% | 40.57% |
| Gross Profit Growth % | -0.71% | 2.8% | 12.54% | 11.12% | 34.65% | -8.17% | 14.8% | 48.67% | 63.92% | 45.63% | 64.34% | - |
| Operating Expenses | 847.38M | 779M | 792.9M | 667.6M | 574.1M | 427.8M | 406.2M | 320.1M | 209.48M | 171.57M | 104.67M | 61.94M |
| OpEx % of Revenue | 55.31% | 57.77% | 59.45% | 54.86% | 52.27% | 47.34% | 42.4% | 38.54% | 35.43% | 42.49% | 35.99% | 28.36% |
| Selling, General & Admin | 847.38M | 0 | 0 | 0 | 0 | 450.6M | 406.2M | 302.1M | 200.11M | 164.97M | 100.1M | 59.32M |
| SG&A % of Revenue | 55.31% | - | - | - | - | 49.86% | 42.4% | 36.38% | 33.85% | 40.86% | 34.42% | 27.16% |
| Research & Development | 0 | 200K | 500K | 0 | 0 | 5.3M | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | 0.01% | 0.04% | - | - | 0.59% | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 778.8M | 792.4M | 667.6M | 574.1M | -28.1M | 0 | 18M | 9.37M | 6.6M | 4.57M | 2.62M |
| Operating Income | 89.03M | 164.1M | 124.5M | 147.6M | 159.5M | 117M | 187.1M | 196.7M | 138.13M | 40.5M | 40.95M | 26.67M |
| Operating Margin % | 5.81% | 12.17% | 9.33% | 12.13% | 14.52% | 12.95% | 19.53% | 23.68% | 23.36% | 10.03% | 14.08% | 12.21% |
| Operating Income Growth % | -45.75% | 31.81% | -15.65% | -7.46% | 36.32% | -37.47% | -4.88% | 42.4% | 241.04% | -1.1% | 53.56% | - |
| EBITDA | 220.87M | 209M | 172.1M | 256.7M | 255.3M | 148.1M | 244.2M | 219.4M | 152.35M | 49.02M | 46.87M | 30.06M |
| EBITDA Margin % | 14.42% | 15.5% | 12.9% | 21.09% | 23.24% | 16.39% | 25.49% | 26.42% | 25.77% | 12.14% | 16.12% | 13.76% |
| EBITDA Growth % | 5.68% | 21.44% | -32.96% | 0.55% | 72.38% | -39.35% | 11.3% | 44.01% | 210.77% | 4.59% | 55.91% | - |
| D&A (Non-Cash Add-back) | 131.84M | 44.9M | 47.6M | 109.1M | 95.8M | 31.1M | 57.1M | 22.7M | 14.22M | 8.52M | 5.92M | 3.39M |
| EBIT | 89.03M | 161.2M | 164.9M | 148.6M | 167.9M | 94.2M | 179.7M | 196.6M | 137.9M | 42M | 40.81M | 26.19M |
| Net Interest Income | -35.09M | -38.2M | -42.3M | -31.2M | -28.3M | -22.2M | -15.03M | -10.63M | -12.9M | -10M | -7.54M | -7.54M |
| Interest Income | 0 | 2.8M | 300K | 900K | 400K | 556.95K | 281.03K | 374.26K | 173K | 2K | 5K | 9K |
| Interest Expense | 35.09M | 41M | 42.6M | 32.1M | 28.7M | 22.76M | 15.32M | 11M | 12.89M | 9.96M | 7.85M | 7.06M |
| Other Income/Expense | -35.09M | -36M | -48.8M | -54.1M | -41.8M | -30.9M | -28.4M | -14.2M | -12.86M | -9.96M | -8M | -7.54M |
| Pretax Income | 53.94M | 128.1M | 75.7M | 93.5M | 117.7M | 86.1M | 158.7M | 182.5M | 125.24M | 30.54M | 32.96M | 19.13M |
| Pretax Margin % | 3.52% | 9.5% | 5.68% | 7.68% | 10.72% | 9.53% | 16.56% | 21.97% | 21.18% | 7.56% | 11.33% | 8.76% |
| Income Tax | 26.07M | 24.5M | 17.6M | 24.6M | 23.1M | 15.8M | 10.7M | 38.9M | 29.18M | 8.9M | 6.47M | 4.71M |
| Effective Tax Rate % | 48.33% | 19.13% | 23.25% | 26.31% | 19.63% | 18.35% | 6.74% | 21.32% | 23.3% | 29.14% | 19.64% | 24.6% |
| Net Income | 22.56M | 94.8M | 58.4M | 72.7M | 94.6M | 70.3M | 148M | 143.6M | 96.06M | 21.64M | 26.48M | 14.43M |
| Net Margin % | 1.47% | 7.03% | 4.38% | 5.97% | 8.61% | 7.78% | 15.45% | 17.29% | 16.25% | 5.36% | 9.11% | 6.6% |
| Net Income Growth % | -76.2% | 62.33% | -19.67% | -23.15% | 34.57% | -52.5% | 3.06% | 49.5% | 343.88% | -18.29% | 83.6% | - |
| Net Income (Continuing) | 27.87M | 103.6M | 58.1M | 68.9M | 94.6M | 70.3M | 148M | 143.6M | 96.1M | 21.6M | 26.48M | 14.43M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 19.45M | 15.4M | 6.5M | 8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.22 | 0.97 | 0.57 | 0.69 | 0.87 | 0.64 | 1.36 | 1.28 | 0.86 | 0.21 | 0.25 | 0.13 |
| EPS Growth % | -77.32% | 70.18% | -17.39% | -20.69% | 35.94% | -52.94% | 6.25% | 48.84% | 309.52% | -16% | 92.31% | - |
| EPS (Basic) | 0.24 | 0.98 | 0.58 | 0.69 | 0.87 | 0.64 | 1.38 | 1.31 | 0.90 | 0.22 | 0.25 | 0.14 |
| Diluted Shares Outstanding | 99M | 98.06M | 101.82M | 105.62M | 109.15M | 111.11M | 111.17M | 111.77M | 111.52M | 102.02M | 108.06M | 108.06M |
| Basic Shares Outstanding | 97.05M | 97.73M | 100.82M | 105.06M | 108.3M | 110.26M | 109.89M | 109.42M | 107.25M | 100.26M | 106.31M | 106.31M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | 1173.92% | - | - |
Seasonal inventory demand volatility
According to reported financial data, the company's revenue growth exhibits significant quarterly volatility, with year-over-year increases reaching 18.2% in 2026Q4, yet the business remains heavily dependent on the third fiscal quarter to drive the majority of its annual top-line performance and overall market relevance.
The revenue trajectory appears to be heavily influenced by seasonal sell-in cycles rather than consistent organic demand growth. Investors should monitor whether the company can successfully diversify its product mix beyond winter-specific outerwear to smooth out these extreme quarterly fluctuations.
As indicated by recent income statements, the company maintains a robust gross margin profile that peaks at 74.0% during the winter-heavy third quarter, suggesting that the brand retains significant pricing power despite broader macroeconomic pressures affecting the discretionary luxury apparel sector in recent periods.
The structural gross margin stability suggests that the company's vertically integrated manufacturing model continues to support premium pricing. However, the sharp contraction in margins during off-peak quarters warrants further investigation into whether inventory clearance activities are beginning to erode the brand's long-term pricing integrity.
Based on the provided financial filings, the company's operating income frequently swings into negative territory during non-peak quarters, with operating margins hitting -147.2% in 2026Q1, which highlights the difficulty of scaling profitability against a high fixed-cost base of retail leases and corporate overhead.
The inability to maintain positive operating income outside of the peak winter season suggests that the current DTC expansion strategy may be creating excessive fixed-cost drag. This operating structure appears to leave the company highly vulnerable to any shortfall in seasonal sales volume.
As reported in recent financial statements, the company's net margin has compressed to 1.47% in 2024Q4, which may indicate that the costs associated with global retail expansion and category diversification are currently outpacing the incremental revenue gains generated by these new strategic initiatives.
Short-sellers may focus on the disconnect between the company's luxury brand positioning and its thin net profitability. The reliance on high-ticket, seasonal purchases creates a precarious financial position where any disruption in consumer sentiment could lead to rapid margin erosion.
Quick answers to the most common questions about buying GOOS stock.
For fiscal year 2026, Canada Goose Holdings Inc. (GOOS) reported total revenue of $1.53B. This represents a 601.5% increase compared to $218.4M in 2015.
Canada Goose Holdings Inc. (GOOS) is profitable, generating $22.6M in net income for the fiscal year ending 2026 with a net profit margin of 1.5%.
Canada Goose Holdings Inc. (GOOS) reported an operating income of $89.0M, resulting in an operating profit margin of 5.8%. This margin reflects the operational efficiency of the business before interest and taxes.
Canada Goose Holdings Inc. (GOOS) generated $936.4M in gross profit for the year, representing a gross profit margin of 61.1%. This demonstrates the company's core pricing power and production efficiency.