Boot Barn (BOOT) financial statements
Boot Barn reported revenue of $2.3B in fiscal 2026, up 15.2% a year over 9 years.
Net income was $226M and the operating margin 13.3%, against 6.0% in 2017.
Free cash flow was $126M, and the company returned $50M in net buybacks.
The diluted share count rose 14% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Boot Barn's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $630M | $678M | $777M | $846M | $893M | $1.5B | $1.7B | $1.7B | $1.9B | $2.3B |
| Cost of revenue | $440M | $470M | $525M | $569M | $599M | $913M | $1.0B | $1.1B | $1.2B | $1.4B |
| Gross profit | $190M | $208M | $251M | $276M | $295M | $575M | $611M | $614M | $717M | $858M |
| Selling, general and admin | $152M | $162M | $187M | $203M | $209M | $317M | $379M | $416M | $478M | $559M |
| Operating income | $38M | $46M | $64M | $74M | $86M | $258M | $232M | $198M | $239M | $299M |
| Pre-tax income | $23M | $31M | $48M | $60M | $77M | $253M | $226M | $197M | $240M | $301M |
| Income tax | $9M | $2M | $9M | $12M | $18M | $60M | $55M | $50M | $59M | $75M |
| Net income | $14M | $29M | $39M | $48M | $59M | $192M | $171M | $147M | $181M | $226M |
| EPS (diluted) | $0.53 | $1.05 | $1.35 | $1.64 | $2.01 | $6.33 | $5.62 | $4.80 | $5.88 | $7.35 |
| Diluted shares | 27M | 28M | 29M | 29M | 29M | 30M | 30M | 31M | 31M | 31M |
| Gross margin | 30.1% | 30.7% | 32.4% | 32.7% | 33.0% | 38.6% | 36.8% | 36.9% | 37.5% | 38.1% |
| Operating margin | 6.0% | 6.8% | 8.3% | 8.7% | 9.7% | 17.4% | 14.0% | 11.9% | 12.5% | 13.3% |
| Net margin | 2.3% | 4.3% | 5.0% | 5.7% | 6.6% | 12.9% | 10.3% | 8.8% | 9.5% | 10.0% |
Balance sheet
Fiscal years, from Boot Barn's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $8M | $9M | $17M | $70M | $73M | $21M | $18M | $76M | $70M | $141M |
| Receivables | $4M | $4M | $8M | $12M | $13M | $10M | $13M | $10M | $10M | $15M |
| Inventory | $189M | $211M | $241M | $289M | $276M | $474M | $589M | $599M | $747M | $845M |
| Total current assets | $224M | $241M | $277M | $385M | $374M | $542M | $669M | $730M | $864M | $1.0B |
| Property, plant and equipment | $83M | $89M | $99M | $110M | $110M | $155M | $257M | $324M | $422M | $514M |
| Goodwill | $193M | $193M | $196M | $198M | $198M | $198M | $198M | $198M | $198M | $198M |
| Total assets | $566M | $588M | $636M | $925M | $934M | $1.2B | $1.5B | $1.7B | $2.0B | $2.5B |
| Total current liabilities | $148M | $151M | $152M | $313M | $222M | $336M | $375M | $313M | $353M | $391M |
| Total liabilities | $386M | $373M | $372M | $603M | $539M | $600M | $741M | $762M | $887M | $1.1B |
| Shareholders' equity | $180M | $215M | $264M | $322M | $395M | $600M | $776M | $944M | $1.1B | $1.3B |
| Net debt | -$8M | -$9M | -$17M | -$70M | -$73M | -$21M | -$18M | -$76M | -$70M | -$141M |
Cash flow
Fiscal years, from Boot Barn's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $41M | $44M | $63M | $25M | $156M | $89M | $89M | $236M | $148M | $305M |
| Capital spending | $22M | $24M | $28M | $37M | $28M | $60M | $125M | $119M | $148M | $179M |
| Free cash flow | $19M | $20M | $36M | -$12M | $127M | $28M | -$36M | $117M | -$753,000 | $126M |
| Stock-based compensation | $3M | $2M | $3M | $5M | $7M | $9M | $10M | $13M | $11M | $16M |
| Share buybacks (net) | — | — | — | — | — | — | — | — | — | -$50M |
| Free cash flow margin | 3.0% | 2.9% | 4.6% | -1.4% | 14.3% | 1.9% | -2.2% | 7.0% | -0.0% | 5.6% |
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Open BOOT in InvestinglyQuestions
What was Boot Barn's revenue in 2026?
$2.3B in fiscal 2026, from its 10-K filing.
How much free cash flow does Boot Barn generate?
$126M in fiscal 2026 (operating cash flow minus capital spending).
From Boot Barn's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.