NASDAQ$MBUU

Malibu Boats Inc · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Malibu Boats reported fiscal Q2 2026 net sales of $188.6M with a net loss of $2.5M and diluted EPS of $(0.13).

Net sales for the quarter ended December 31, 2025 decreased 5.8% to $188.6 million on lower unit volumes (-9.5% to 1,106 units), partially offset by higher average selling prices (+4.1%). The company reported a net loss of $2.5 million ($(0.13) diluted EPS) versus net income of $2.4 million in the prior-year quarter, reflecting weaker wholesale shipments across Malibu, Saltwater Fishing, and Cobalt segments.

  • Q2 net sales $188.6M (-5.8% YoY); units 1,106 (-9.5%).
  • Net loss $2.5M; diluted EPS $(0.13).
  • ASP $170,544 (+4.1% YoY).
  • Lower retail activity drove reduced wholesale shipments.

Headline financials

Total Revenue

$189M

Previous: $200M-5.8%
EPS (adj)

-$0.13

Previous: $0.31-141.9%
Net (Loss) Income Margin

-1.3%

Previous: 1.2%-208.3%
Unit Volume

1.1K

Previous: 1.2K-9.5%
Adjusted EBITDA

$8.02M

Previous: $16.9M-52.5%
Adjusted EBITDA Margin

4.3%

Previous: 8.4%-48.8%
Gross Profit Margin

13.3%

Previous: 18.7%-28.9%
Consolidated Net Sales Per Unit

$171K

Previous: $164K+4.1%
Malibu Net Sales Per Unit

$138K

Previous: $141K-2.4%
Saltwater Fishing Net Sales Per Unit

$232K

Previous: $221K+4.7%
Cobalt Net Sales Per Unit

$169K

Previous: $147K+14.8%
Capital Expenditures

-$8.72M

Previous: -$14.3M+38.9%
Net Income

-$2.46M

Previous: $2.4M-202.6%
Operating Income

-$3.5M

Previous: $3.2M-209.2%
Gross Profit

$25.1M

Previous: $37.4M-32.8%

Revenue & EPS history

Malibu Boats · Revenue · Quarterly

$189M

Q2 2026-5.8%vs Q2 2025
Beat estimate in 14 of 14 quarters(100%)
ActualEstimate

Revenue by segment

Malibu Boats · $256M total across 3 segments · Q1 2024

  • Malibu Segment Net Sales
    $105M-27.7%
  • Saltwater Fishing Net Sales
    $92.6M+0.4%
  • Cobalt Segment Net Sales
    $58.2M-10.2%

Forward guidance

Management discusses Malibu Boats's outlook, including capital deployment, operating priorities, and key risks, alongside any formal guidance in the earnings materials.

Tailwinds

  • Malibu Boats cites execution on strategic priorities and demand in core markets.
  • Liquidity and balance sheet capacity support continued investment and returns.

Headwinds

  • GAAP earnings remained under pressure in the reported quarter.
  • Macro, rates, and input costs may pressure margins or volumes.
  • Segment mix and non-recurring items can affect sequential comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

+0.8%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+2.5%

Avg return

30 days after

57%

28 / 49 earnings

Positive

+18.4%

Q3 2018

Best reaction

-18.2%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-1.1%+9.3%+2.6%
Q2 2026-11.3%-10.2%-25.5%
Q1 2026-12.8%-16.3%-12.8%
Q3 2025+3.7%+9.2%+5.8%
Q2 2025+1.1%-3.0%-13.2%
Q1 2025+4.1%+3.7%+2.7%
Q4 2024+4.4%+3.5%+12.4%
Q3 2024-1.3%+4.2%+16.3%
Q2 2024-18.2%-9.2%-14.5%
Q1 2024-0.7%+3.4%-2.0%
Q4 2023-5.8%-6.2%-8.6%
Q3 2023-1.5%+2.9%-4.1%
Q2 2023+2.1%-3.3%-6.3%
Q1 2023+2.7%+3.9%+11.8%
Q4 2022-5.7%-8.4%-26.3%
Q3 2022+6.5%+14.6%+13.0%
Q2 2022+8.1%+6.3%-2.3%
Q1 2022+3.7%-0.9%-6.5%
Q4 2021-7.5%-11.3%-13.6%
Q3 2021-5.3%-2.6%-11.2%
Q2 2021+1.2%-2.7%+12.7%
Q1 2021-14.0%-8.2%-0.3%
Q4 2020-0.3%-0.2%-13.6%
Q3 2020+15.5%+12.6%+57.2%
Q2 2020+1.9%+1.7%-20.1%
Q1 2020+12.2%+13.6%+14.4%
Q4 2019+7.5%+9.0%+16.0%
Q3 2019+4.4%+1.9%-9.8%
Q2 2019+4.8%+4.5%+2.3%
Q1 2019+16.4%+12.4%+1.4%
Q4 2018+5.4%+5.6%+3.3%
Q3 2018+18.4%+24.3%+29.9%
Q2 2018+11.6%+15.7%+16.4%
Q1 2018-5.4%-9.9%+0.0%
Q4 2017-2.7%+0.7%+20.6%
Q3 2017+0.7%+4.7%+8.3%
Q2 2017+7.8%+12.8%+14.8%
Q1 2017+2.3%+6.5%+23.7%
Q4 2016+9.1%+5.7%+3.7%
Q3 2016-17.3%
Q2 2016+13.9%
Q1 2016+4.6%
Q4 2015-4.1%
Q3 2015+0.1%
Q2 2015-2.3%
Q1 2015+5.0%
Q4 2014-7.4%
Q3 2014-9.7%
Q2 2014-6.2%
Q1 2014
Q4 2013
Q3 2013
Q2 2012
Q1 2012

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