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ESCA

Escalade, Incorporated

ESCA

Escalade, Incorporated • NASDAQ
$13.26 ▲ 0.00% (+0.00)
Market Cap $183.04 M
52w High $16.99
52w Low $11.41
Dividend Yield 0.60%
P/E 14.41
Volume 8.17K
Outstanding Shares 13.80M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $67.786M ▲ $11.765M ▲ $5.554M ▲ 8.193% ▲ $0.4 ▲ $8.588M ▲
Q2-2025 $54.333M ▼ $10.249M ▼ $1.825M ▼ 3.359% ▼ $0.13 ▼ $3.934M ▲
Q1-2025 $55.479M ▼ $11.138M ▼ $2.619M ▼ 4.721% ▲ $0.19 ▼ $3.652M ▼
Q4-2024 $63.942M ▼ $11.435M ▲ $2.7M ▼ 4.223% ▼ $0.2 ▼ $5.924M ▼
Q3-2024 $67.738M $8.817M $5.667M 8.366% $0.41 $9.921M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $3.509M ▼ $232.46M ▲ $60.133M ▲ $172.327M ▲
Q2-2025 $10.422M ▲ $218.339M ▼ $50.001M ▼ $168.338M ▼
Q1-2025 $2.214M ▼ $222.074M ▼ $53.309M ▼ $168.765M ▼
Q4-2024 $4.194M ▲ $226.33M ▼ $57.333M ▼ $168.997M ▼
Q3-2024 $426K $244.93M $74.86M $170.07M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $5.554M ▲ $-965K ▼ $-2.091M ▼ $-3.857M ▲ $-6.913M ▼ $-1.256M ▼
Q2-2025 $1.825M ▼ $13.292M ▲ $-433K ▲ $-4.651M ▲ $8.208M ▲ $12.859M ▲
Q1-2025 $2.619M ▼ $3.791M ▼ $-543K ▼ $-5.228M ▲ $-1.98M ▼ $3.248M ▼
Q4-2024 $2.7M ▼ $12.29M ▲ $-346K ▼ $-8.176M ▲ $3.768M ▲ $11.734M ▲
Q3-2024 $5.667M $10.46M $5.357M $-15.753M $64K $10.152M

Five-Year Company Overview

Income Statement

Income Statement Revenue has eased off from the pandemic peak but has now stabilized at a slightly lower level, suggesting demand is more “normal” rather than boosted by lockdown-era recreation trends. Profitability remains positive, with decent gross and operating margins for a niche leisure business, but earnings per share are below the high points reached a few years ago. The recent uptick in earnings versus last year hints at some recovery in profitability, yet the longer view still shows a step down from the unusually strong pandemic period. Overall, the income statement reflects a solid but maturing business that is managing through a softer demand environment while holding onto acceptable margins.

Balance Sheet

Balance Sheet The balance sheet looks reasonably balanced, with a solid equity base supporting the business and debt that appears manageable and has been trimmed back from prior higher levels. Assets climbed when the business was growing faster and then leveled off, which fits with a company moving from a rapid growth spurt into a steadier phase. The near-absence of cash on the face of the statements suggests Escalade relies more on credit lines and working capital management than on large cash reserves, which is common in this type of business but does leave less of a liquidity cushion if conditions worsen. Overall, financial leverage is present but not extreme, and the company seems to have gradually de‑risked since its more leveraged year.

Cash Flow

Cash Flow Cash generation from operations has improved meaningfully in the last couple of years after being quite thin around the peak-growth period. Free cash flow has turned into a consistent positive contributor recently, helped by modest spending on equipment and facilities. Earlier, the company was closer to break-even on a cash basis as it invested and managed through inventory swings, but that phase seems to have passed. Today, the cash flow profile points to a business that can support its needs internally under normal conditions, though it does not appear to be throwing off large excess cash relative to its size.

Competitive Edge

Competitive Edge Escalade holds a strong niche position in several recreational and sporting categories through a stable of well-known brands rather than a single flagship product. Names like Bear Archery, Goalrilla, STIGA, Onix, Brunswick Billiards, and RAVE Sports give it recognition across archery, basketball systems, table tennis, pickleball, billiards, and water toys. This broad portfolio helps reduce dependence on any one sport or trend and allows the company to sell through multiple channels, from big-box retailers and specialty shops to online and direct-to-consumer. The flip side is exposure to discretionary consumer spending: demand can soften when the economy slows. Still, the mix of premium, performance-oriented brands and long-standing category reputations gives Escalade a meaningful, if focused, competitive moat in its chosen niches.

Innovation and R&D

Innovation and R&D Innovation at Escalade is steady and practical rather than headline-grabbing. The company repeatedly refreshes products with feature upgrades—such as advanced cam systems in archery, vibration-reducing technology in basketball hoops, enhanced paddle cores in pickleball, and refined construction in billiards and table tennis. These incremental improvements help justify premium pricing, deepen brand loyalty, and keep products relevant to both enthusiasts and serious players. Escalade also uses acquisitions to bring in new product lines and technical know-how, then lets each brand operate with some autonomy so it can stay close to its specific customer base. Key watchpoints are whether Escalade can continue to surf fast-growing categories like pickleball, keep its innovation cycles tight, and further build direct-to-consumer and e‑commerce capabilities, where product differentiation can translate more directly into better margins.

Summary

Escalade looks like a specialized leisure and sporting goods company that rode a pandemic boom, then settled into a more normal performance level. Revenue and earnings have cooled from their highs but appear to be stabilizing, with profitability still healthy for a niche branded manufacturer. The balance sheet shows moderate leverage that has come down over time, while cash flow has improved and now comfortably supports operations and modest investment. Competitively, the company’s strength is its portfolio of respected brands across several recreational categories, backed by ongoing, targeted innovation rather than one big breakthrough technology. Future outcomes will depend on how well Escalade manages consumer spending cycles, continues to refresh its products, capitalizes on growth sports like pickleball, and expands online and direct engagement with its customers—all while keeping its financial footing solid.

NEWS

October 30, 2025 · 6:05 AM UTC

Escalade Reports Third Quarter 2025 Results

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October 30, 2025 · 6:00 AM UTC

Escalade Announces Executive Management Change

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October 27, 2025 · 6:32 PM UTC

Escalade Announces Third Quarter 2025 Results Conference Call Date

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September 29, 2025 · 6:00 AM UTC

Escalade Announces Acquisition of Gold Tip, a Leading Archery Brand, from Revelyst

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