Dick’s Sporting Goods (DKS) financial statements
Dick’s Sporting Goods reported revenue of $17.2B in fiscal 2026, up 9.0% a year over 9 years.
Net income was $849M and the operating margin 6.4%, against 5.7% in 2017.
Free cash flow was $400M, and the company returned $414M in dividends and $347M in net buybacks.
The diluted share count fell 24% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Dick’s Sporting Goods's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.9B | $8.6B | $8.4B | $8.8B | $9.6B | $12.3B | $12.4B | $13.0B | $13.4B | $17.2B |
| Cost of revenue | $5.6B | $6.1B | $6.0B | $6.2B | $6.5B | $7.6B | $8.1B | $8.5B | $8.6B | $11.5B |
| Gross profit | $2.4B | $2.5B | $2.4B | $2.6B | $3.1B | $4.7B | $4.3B | $4.5B | $4.8B | $5.7B |
| Selling, general and admin | $1.9B | $2.0B | $2.0B | $2.2B | $2.3B | $2.7B | $2.8B | $3.2B | $3.3B | $4.3B |
| Operating income | $450M | $478M | $445M | $376M | $741M | $2.0B | $1.5B | $1.3B | $1.5B | $1.1B |
| Interest expense | $6M | $8M | $10M | $17M | $49M | $58M | $95M | $58M | $53M | $64M |
| Pre-tax income | $458M | $501M | $432M | $408M | $712M | $2.0B | $1.4B | $1.3B | $1.5B | $1.1B |
| Income tax | $171M | $178M | $112M | $110M | $181M | $475M | $341M | $272M | $354M | $293M |
| Net income | $287M | $323M | $320M | $297M | $530M | $1.5B | $1.0B | $1.0B | $1.2B | $849M |
| EPS (diluted) | $2.56 | $3.01 | $3.24 | $3.34 | $5.72 | $13.87 | $10.78 | $12.18 | $14.05 | $9.97 |
| Diluted shares | 112M | 108M | 99M | 89M | 93M | 110M | 99M | 86M | 83M | 85M |
| Gross margin | 29.9% | 29.0% | 28.9% | 29.2% | 31.8% | 38.3% | 34.6% | 34.9% | 35.9% | 32.9% |
| Operating margin | 5.7% | 5.6% | 5.3% | 4.3% | 7.7% | 16.5% | 11.8% | 9.9% | 11.0% | 6.4% |
| Net margin | 3.6% | 3.8% | 3.8% | 3.4% | 5.5% | 12.4% | 8.4% | 8.1% | 8.7% | 4.9% |
Balance sheet
Fiscal years, from Dick’s Sporting Goods's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $165M | $101M | $114M | $69M | $1.7B | $2.6B | $1.9B | $1.8B | $1.7B | $1.4B |
| Receivables | $75M | $60M | $38M | $53M | — | — | — | — | — | — |
| Inventory | $1.6B | $1.7B | $1.8B | $2.2B | $2.0B | $2.3B | $2.8B | $2.8B | $3.3B | $4.9B |
| Total current assets | $2.0B | $2.0B | $2.1B | $2.4B | $3.8B | $5.1B | $5.0B | $4.9B | $5.4B | $7.1B |
| Property, plant and equipment | $1.5B | $1.7B | $1.6B | $1.4B | $1.3B | $1.3B | $1.3B | $1.6B | $2.1B | $3.5B |
| Goodwill | $245M | $250M | $250M | $246M | $246M | $246M | $246M | $246M | $246M | $864M |
| Total assets | $4.1B | $4.2B | $4.2B | $6.6B | $7.8B | $9.0B | $9.0B | $9.3B | $10.5B | $17.4B |
| Total current liabilities | $1.4B | $1.4B | $1.5B | $2.1B | $2.6B | $2.7B | $2.6B | $2.8B | $3.1B | $4.6B |
| Long-term debt | $5M | $60M | $55M | — | — | — | — | — | — | — |
| Total liabilities | $2.1B | $2.3B | $2.3B | $4.9B | $5.4B | $6.9B | $6.5B | $6.7B | $7.3B | $11.9B |
| Shareholders' equity | $1.9B | $1.9B | $1.9B | $1.7B | $2.3B | $2.1B | $2.5B | $2.6B | $3.2B | $5.5B |
| Net debt | -$160M | -$41M | -$59M | -$69M | -$1.7B | -$2.6B | -$1.9B | -$1.8B | -$1.7B | -$1.4B |
Cash flow
Fiscal years, from Dick’s Sporting Goods's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $769M | $746M | $713M | $405M | $1.6B | $1.6B | $922M | $1.5B | $1.3B | $1.5B |
| Capital spending | $422M | $474M | $198M | $217M | $224M | $308M | $364M | $587M | $803M | $1.1B |
| Free cash flow | $347M | $272M | $515M | $187M | $1.3B | $1.3B | $558M | $940M | $509M | $400M |
| Stock-based compensation | $34M | $36M | $42M | $43M | $50M | $53M | $51M | $57M | $71M | $124M |
| Dividends paid | $68M | $73M | $89M | $98M | $107M | $603M | $163M | $351M | $362M | $414M |
| Share buybacks (net) | -$146M | -$285M | -$323M | -$402M | $0 | -$1.1B | -$458M | -$649M | -$263M | -$347M |
| Free cash flow margin | 4.4% | 3.2% | 6.1% | 2.1% | 13.9% | 10.6% | 4.5% | 7.2% | 3.8% | 2.3% |
| Dividends per share | $0.61 | $0.68 | $0.90 | $1.10 | $1.16 | $5.50 | $1.64 | $4.09 | $4.36 | $4.86 |
Questions
What was Dick’s Sporting Goods's revenue in 2026?
$17.2B in fiscal 2026, from its 10-K filing.
How much free cash flow does Dick’s Sporting Goods generate?
$400M in fiscal 2026 (operating cash flow minus capital spending).
From Dick’s Sporting Goods's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.