Malibu Boats Inc. ( (MBUU) ) has released its Q1 earnings. Here is a breakdown of the information Malibu Boats Inc. presented to its investors.
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Malibu Boats, Inc., based in Loudon, Tennessee, is a prominent designer, manufacturer, and marketer of recreational powerboats, including performance sport, sterndrive, and outboard boats, known for its innovation and diverse brand portfolio.
In its first quarter of fiscal 2026, Malibu Boats reported a 13.5% increase in net sales to $194.7 million, alongside a significant reduction in net loss, showcasing resilience in a challenging market. The company highlighted its strategic focus on dealer health and operational discipline as key drivers of its performance.
Key financial metrics revealed a 10.3% increase in unit volume to 1,129 units, while adjusted EBITDA rose by 19.1% to $11.8 million. Despite a slight decrease in gross profit by 1.0% to $27.9 million, the company’s adjusted net income per share saw a remarkable increase of 114.3% to $0.15. The Malibu segment notably drove sales growth with a 40.4% increase, while the Saltwater Fishing and Cobalt segments experienced mixed results due to varying unit volumes and market conditions.
Looking ahead, Malibu Boats anticipates flat to slightly declining net sales for the full fiscal year 2026, with an adjusted EBITDA margin projected between 8% and 9%. The company remains committed to innovation and maintaining operational efficiency to navigate market challenges and capitalize on future opportunities.