EarningsQ4 2026 Earnings Report
MX:MBUU Q4 2026 EPS Results
Actual EPS$16.56
Consensus EPS$14.03
Beat/MissBeat by +$2.54
One Year Ago EPS$7.56
MX:MBUU Q4 2026 Revenue Results
Actual Revenue$5.32B
Expected Revenue$4.75B
Beat/MissBeat by +$569.76M
YoY Revenue Growth+42.74%
Earnings Announcement Details
QuarterQ4 2026
Date08/27/2026
TimeBefore Open
Conference CallThursday, August 27, 2026
MX:MBUU Upcoming Earnings
Malibu Boats's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q4 2026 Earnings Call Audio
MX:MBUU Q4 2026 Earnings Call
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Q4 2026 Earnings Slide Deck
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive tone driven by a very strong Q4, meaningful margin expansion in the quarter, successful initial integration and revenue contribution from the Saxdor acquisition, improved cash generation, a strengthened balance sheet and constructive FY2027 guidance that envisions substantial revenue and EBITDA growth. Key near-term negatives include full-year GAAP earnings hit by acquisition expenses, FY2026 margin compression year-to-date driven by input cost inflation, legacy unit declines over the full year, and a temporary margin drag from accelerated Saxdor investments and ramping Fort Pierce production. Management expects Saxdor margins to improve as domestic manufacturing scales and sees structural upside from product innovation, centralized sourcing and dealer/financing initiatives.Company Guidance
Strong Q4 Revenue and EBITDA Growth
Net sales increased 42.7% year-over-year to $295.5 million in Q4; adjusted EBITDA rose 72.7% to $33.9 million with adjusted EBITDA margin expanding to 11.5% from 9.5% (a 200-basis-point improvement noted by management).
Full-Year Revenue Above Raised Guidance
Fiscal 2026 net sales were $914.6 million, about $29 million above the top end of the range raised in May (a 13.3% increase year-over-year); legacy net sales were $830.3 million, up ~2.8%.
Saxdor Acquisition Adds Premium, International Growth Opportunity
Saxdor contributed $61.2 million of revenue in Q4 (180 units) — ahead of prior guidance — and approximately $84.3 million since the March 2 close; management expects a full-year pro forma run-rate of ~$180 million and mid-teens revenue growth for Saxdor in fiscal 2027.
Unit and ASP Improvements
Total unit volume increased 19.2% to 1,456 units in Q4 (legacy units +4.5% to 1,276; Saxdor 180 units). Consolidated net sales per unit increased 19.7% to $203,000; legacy net sales per unit increased ~8.3% to ~$184,000. Saxdor ASP was $340,000 in the quarter.
Gross Profit and Margin Expansion in Q4
Gross profit in Q4 increased 59.4% to $52.2 million and gross margin expanded ~190 basis points to 17.7%, driven by a higher mix of higher-margin models and sourcing/operational improvements.
Balance Sheet, Cash Flow and Liquidity Actions
Ended fiscal year with $74.4 million in cash and $165 million long-term debt; generated $67.5 million in cash from operations (up ~$11 million YoY) and free cash flow of ~$43.2 million (~58% of adjusted EBITDA). Completed refinancing (7/10) with $100M term loan and $250M revolver, extended maturity to July 2031 and added multicurrency capability.
Share Repurchase and Capital Return
Repurchased ~1.24 million shares for ~$33.9 million (avg $27.34) in fiscal 2026 and board authorized a new $70 million buyback program for fiscal 2027, signaling confidence in the business.
Operational and Product Momentum
Management highlighted operational improvements via the MBI Advantage framework, 11 new models added in FY26 and 13 new legacy models planned for FY27; Fort Pierce domestic Saxdor production on schedule (pilot boats underway) and capability to produce 200+ units without incremental CapEx.
Dealer Channel Health and Retail Programs
Dealer inventories decreased over the year and are described as healthier/less aged; MBI Acceptance financing rollout is gaining traction (management estimates ~33–40% dealer signup) and helping convert payment-sensitive buyers.
Forward Guidance Targets Growth
Fiscal 2027 guidance calls for net sales of $1.080 billion to $1.120 billion and adjusted EBITDA of $101 million to $109 million (consolidated, includes full-year Saxdor). Q1 FY27 guidance: net sales $255M–$265M and adjusted EBITDA $14M–$16M.
MX:MBUU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed