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Side-by-side financial comparison of AMN HEALTHCARE SERVICES INC (AMN) and Academy Sports & Outdoors, Inc. (ASO). Click either name above to swap in a different company.
Academy Sports & Outdoors, Inc. is the larger business by last-quarter revenue ($1.4B vs $748.2M, roughly 1.8× AMN HEALTHCARE SERVICES INC). Academy Sports & Outdoors, Inc. runs the higher net margin — 5.2% vs -1.0%, a 6.2% gap on every dollar of revenue. On growth, Academy Sports & Outdoors, Inc. posted the faster year-over-year revenue change (3.0% vs 1.8%). AMN HEALTHCARE SERVICES INC produced more free cash flow last quarter ($67.6M vs $-13.6M). Over the past eight quarters, AMN HEALTHCARE SERVICES INC's revenue compounded faster (-4.5% CAGR vs -12.2%).
AMN Healthcare Services Inc. is a leading US healthcare sector workforce solutions and staffing provider. It offers temporary and permanent placement for nurses, physicians, allied health and other clinical/non-clinical staff, plus workforce management tools and consulting for hospitals, clinics and other medical facilities.
Academy Sports + Outdoors is an American sporting-goods store chain with corporate offices in the Katy Distribution Center in unincorporated western Harris County, Texas, United States, near Katy and west of Houston. For 74 years, it was a privately held company owned by the Gochman family, until its May 2011 acquisition by Kohlberg Kravis Roberts. In October 2020, it was listed on NASDAQ.
AMN vs ASO — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $748.2M | $1.4B |
| Net Profit | $-7.7M | $71.6M |
| Gross Margin | 26.1% | 35.7% |
| Operating Margin | 1.1% | 7.3% |
| Net Margin | -1.0% | 5.2% |
| Revenue YoY | 1.8% | 3.0% |
| Net Profit YoY | 95.9% | 8.8% |
| EPS (diluted) | $-0.19 | $1.05 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $748.2M | $1.4B | ||
| Q3 25 | $634.5M | $1.6B | ||
| Q2 25 | $658.2M | $1.4B | ||
| Q1 25 | $689.5M | $1.7B | ||
| Q4 24 | $734.7M | $1.3B | ||
| Q3 24 | $687.5M | $1.5B | ||
| Q2 24 | $740.7M | $1.4B | ||
| Q1 24 | $820.9M | $1.8B |
| Q4 25 | $-7.7M | $71.6M | ||
| Q3 25 | $29.3M | $125.4M | ||
| Q2 25 | $-116.2M | $46.1M | ||
| Q1 25 | $-1.1M | $133.6M | ||
| Q4 24 | $-187.5M | $65.8M | ||
| Q3 24 | $7.0M | $142.6M | ||
| Q2 24 | $16.2M | $76.5M | ||
| Q1 24 | $17.3M | $168.2M |
| Q4 25 | 26.1% | 35.7% | ||
| Q3 25 | 29.1% | 36.0% | ||
| Q2 25 | 29.8% | 34.0% | ||
| Q1 25 | 28.7% | 32.2% | ||
| Q4 24 | 29.8% | 34.0% | ||
| Q3 24 | 31.0% | 36.1% | ||
| Q2 24 | 31.0% | 33.4% | ||
| Q1 24 | 31.4% | 33.3% |
| Q4 25 | 1.1% | 7.3% | ||
| Q3 25 | 7.5% | 10.8% | ||
| Q2 25 | -18.8% | 5.1% | ||
| Q1 25 | 1.8% | 9.2% | ||
| Q4 24 | -27.6% | 6.8% | ||
| Q3 24 | 3.2% | 12.3% | ||
| Q2 24 | 5.1% | 7.5% | ||
| Q1 24 | 4.9% | 11.4% |
| Q4 25 | -1.0% | 5.2% | ||
| Q3 25 | 4.6% | 7.8% | ||
| Q2 25 | -17.7% | 3.4% | ||
| Q1 25 | -0.2% | 8.0% | ||
| Q4 24 | -25.5% | 4.9% | ||
| Q3 24 | 1.0% | 9.2% | ||
| Q2 24 | 2.2% | 5.6% | ||
| Q1 24 | 2.1% | 9.4% |
| Q4 25 | $-0.19 | $1.05 | ||
| Q3 25 | $0.76 | $1.85 | ||
| Q2 25 | $-3.02 | $0.68 | ||
| Q1 25 | $-0.03 | $1.85 | ||
| Q4 24 | $-4.90 | $0.92 | ||
| Q3 24 | $0.18 | $1.95 | ||
| Q2 24 | $0.42 | $1.01 | ||
| Q1 24 | $0.45 | $2.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $34.0M | $289.5M |
| Total DebtLower is stronger | $767.1M | — |
| Stockholders' EquityBook value | $642.1M | $2.1B |
| Total Assets | $2.1B | $5.4B |
| Debt / EquityLower = less leverage | 1.19× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.0M | $289.5M | ||
| Q3 25 | $52.6M | $300.9M | ||
| Q2 25 | $41.5M | $285.1M | ||
| Q1 25 | $55.8M | $288.9M | ||
| Q4 24 | $10.6M | $296.0M | ||
| Q3 24 | $30.6M | $324.6M | ||
| Q2 24 | $48.0M | $378.1M | ||
| Q1 24 | $50.6M | $347.9M |
| Q4 25 | $767.1M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $642.1M | $2.1B | ||
| Q3 25 | $644.4M | $2.1B | ||
| Q2 25 | $607.6M | $1.9B | ||
| Q1 25 | $715.1M | $2.0B | ||
| Q4 24 | $706.6M | $2.0B | ||
| Q3 24 | $890.7M | $2.0B | ||
| Q2 24 | $876.9M | $1.9B | ||
| Q1 24 | $854.2M | $2.0B |
| Q4 25 | $2.1B | $5.4B | ||
| Q3 25 | $2.1B | $5.3B | ||
| Q2 25 | $2.2B | $5.2B | ||
| Q1 25 | $2.4B | $4.9B | ||
| Q4 24 | $2.4B | $5.1B | ||
| Q3 24 | $2.7B | $4.9B | ||
| Q2 24 | $2.8B | $4.9B | ||
| Q1 24 | $2.9B | $4.7B |
| Q4 25 | 1.19× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.49× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $75.6M | $49.0M |
| Free Cash FlowOCF − Capex | $67.6M | $-13.6M |
| FCF MarginFCF / Revenue | 9.0% | -1.0% |
| Capex IntensityCapex / Revenue | 1.1% | 4.5% |
| Cash ConversionOCF / Net Profit | — | 0.68× |
| TTM Free Cash FlowTrailing 4 quarters | $233.8M | $191.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.6M | $49.0M | ||
| Q3 25 | $22.7M | $78.6M | ||
| Q2 25 | $78.5M | $157.5M | ||
| Q1 25 | $92.7M | $140.2M | ||
| Q4 24 | $72.8M | $96.9M | ||
| Q3 24 | $66.7M | $91.3M | ||
| Q2 24 | $99.5M | $199.7M | ||
| Q1 24 | $81.4M | $234.7M |
| Q4 25 | $67.6M | $-13.6M | ||
| Q3 25 | $14.8M | $21.8M | ||
| Q2 25 | $68.7M | $106.6M | ||
| Q1 25 | $82.7M | $76.4M | ||
| Q4 24 | $56.6M | $34.4M | ||
| Q3 24 | $47.4M | $50.1M | ||
| Q2 24 | $72.2M | $167.4M | ||
| Q1 24 | $63.2M | $178.9M |
| Q4 25 | 9.0% | -1.0% | ||
| Q3 25 | 2.3% | 1.4% | ||
| Q2 25 | 10.4% | 7.9% | ||
| Q1 25 | 12.0% | 4.6% | ||
| Q4 24 | 7.7% | 2.6% | ||
| Q3 24 | 6.9% | 3.2% | ||
| Q2 24 | 9.8% | 12.3% | ||
| Q1 24 | 7.7% | 10.0% |
| Q4 25 | 1.1% | 4.5% | ||
| Q3 25 | 1.2% | 3.5% | ||
| Q2 25 | 1.5% | 3.8% | ||
| Q1 25 | 1.4% | 3.8% | ||
| Q4 24 | 2.2% | 4.6% | ||
| Q3 24 | 2.8% | 2.7% | ||
| Q2 24 | 3.7% | 2.4% | ||
| Q1 24 | 2.2% | 3.1% |
| Q4 25 | — | 0.68× | ||
| Q3 25 | 0.77× | 0.63× | ||
| Q2 25 | — | 3.42× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | — | 1.47× | ||
| Q3 24 | 9.54× | 0.64× | ||
| Q2 24 | 6.13× | 2.61× | ||
| Q1 24 | 4.70× | 1.40× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMN
| Travel Nurse Staffing | $208.3M | 28% |
| Allied Staffing | $146.9M | 20% |
| Labor Disruption Services | $124.3M | 17% |
| Technology And Workforce Solutions | $88.0M | 12% |
| Language Services | $69.9M | 9% |
| Other | $29.6M | 4% |
| International Nurse Staffing | $29.6M | 4% |
| Interim Leadership Staffing | $24.1M | 3% |
| Vendor Management Systems | $16.3M | 2% |
| Local Staffing | $8.6M | 1% |
| International Nurse Permanent Placement | $2.6M | 0% |
ASO
| Outdoors | $445.1M | 32% |
| Apparel | $349.8M | 25% |
| Footwear | $292.4M | 21% |
| Sports And Recreation | $288.7M | 21% |
| Other | $7.6M | 1% |
