For the quarter ending 30 June, Columbia posted a gross margin of 58.3%, a jump of over nine percentage points from the previous year.
The company attributed around 980 basis points of this margin expansion directly to the recognition of US tariff refunds during the period
Without the impact of these refunds, Columbia stated that profit margins would have been in line with expectations. The company’s net sales for the quarter rose 2% year-on-year to $614.4m, with broad-based growth in international markets counterbalancing weaker performance in the company’s US wholesale business and brick-and-mortar stores. Operating income reached $30.9m, or 5.0% of net sales, reversing a $23.6m operating loss in the comparable quarter of 2025.
Net income for the period totalled $26.6m, or $0.52 per diluted share compared with a $10m loss for the same period a year earlier. Columbia Sportswear chairman and chief executive officer Tim Boyle said: “We’re pleased to have delivered net sales exceeding our guidance for the second quarter, driven by the resilience of our international business, which was partly offset by continued softness in the US, amid growing global macroeconomic headwinds. “Our reported second quarter earnings and profit margins include the impact of US tariff refunds recognised during the quarter. Excluding this impact, our underlying performance was largely in-line with our expectations.” First Half 2026 Financial Performance During the first half of 2026, Columbia Sportswear reported net sales of $1.39bn, marking a 1% increase compared to $1.38bn in the same period last year.