YETI Holdings, Inc.YETIEarnings & Financial Report
YETI Holdings, Inc. is an American brand of outdoor recreation products, headquartered in Austin, Texas, specializing in outdoor products such as ice chests, vacuum-insulated stainless-steel drinkware, soft coolers, dry bags, and related accessories.
Revenue
$351.1M
Gross Profit
$201.7M
Operating Profit
$21.7M
Net Profit
$16.6M
Gross Margin
57.4%
Operating Margin
6.2%
Net Margin
4.7%
YoY Growth
2.9%
EPS
$0.20
YETI Holdings, Inc. Q1 FY2025 Financial Summary
YETI Holdings, Inc. reported revenue of $351.1M (up 2.9% YoY) for Q1 FY2025, with a net profit of $16.6M (up 4.8% YoY) (4.7% margin). Cost of goods sold was $149.4M, operating expenses totaled $180.1M.
Key Financial Metrics
| Total Revenue | $351.1M |
|---|---|
| Net Profit | $16.6M |
| Gross Margin | 57.4% |
| Operating Margin | 6.2% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
YETI Holdings, Inc. Q1 FY2025 revenue of $351.1M breaks down across 2 segments, led by Coolers And Equipment at $192.3M (54.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Coolers And Equipment | $192.3M | 54.8% |
| Other | $147.4M | 42.0% |
YETI Holdings, Inc. Revenue by Segment — Quarterly Trend
YETI Holdings, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Coolers And Equipment and Other) has evolved quarter over quarter.
| Segment | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|
| Coolers And Equipment | $215.4M | $200.6M | $192.3M | $180.2M |
| Other | $8.6M | $8.9M | $147.4M | $8.3M |
YETI Holdings, Inc. Annual Revenue by Year
YETI Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $1.8B).
| Year | Annual Revenue |
|---|---|
| 2024 | $1.8B |
| 2023 | $1.7B |
| 2022 | $1.6B |
| 2021 | $1.4B |
YETI Holdings, Inc. Quarterly Revenue & Net Profit History
YETI Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $487.8M | +1.9% | $39.4M | 8.1% |
| Q2 FY2025 | $445.9M | -3.8% | $51.2M | 11.5% |
| Q1 FY2025 | $351.1M | +2.9% | $16.6M | 4.7% |
| Q4 FY2024 | $546.5M | +5.1% | $53.2M | 9.7% |
| Q3 FY2024 | $478.4M | +10.4% | $56.3M | 11.8% |
| Q2 FY2024 | $463.5M | +15.1% | $50.4M | 10.9% |
| Q1 FY2024 | $341.4M | +12.7% | $15.9M | 4.6% |
| Q4 FY2023 | $519.8M | +16.0% | $78.6M | 15.1% |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $519.8M | $341.4M | $463.5M | $478.4M | $546.5M | $351.1M | $445.9M | $487.8M |
| YoY Growth | 16.0% | 12.7% | 15.1% | 10.4% | 5.1% | 2.9% | -3.8% | 1.9% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.30B | $1.12B | $1.23B | $1.27B | $1.29B | $1.24B | $1.30B | $1.26B |
| Liabilities | $573.6M | $472.9M | $526.4M | $503.2M | $546.0M | $473.6M | $500.3M | $557.6M |
| Equity | $723.6M | $646.9M | $705.9M | $770.0M | $740.1M | $764.3M | $802.7M | $702.6M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $171.2M | $-103.7M | $56.0M | $83.5M | $225.6M | $-80.3M | $61.2M | $100.9M |