NASDAQ$ONEW

OneWater Marine Inc · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

OneWater Marine reported Q4 2025 revenue of $460.1M with a GAAP net loss of $113.0M ($6.90 per share) after a $145.8M impairment.

Fourth-quarter revenue rose 21.8% to $460.1 million with same-store sales up 23%, aided by an easier hurricane comparison. GAAP net loss was $113.0 million on a goodwill and intangible impairment; adjusted diluted EPS was near breakeven. FY26 revenue guide is $1.83B–$1.93B with adjusted EBITDA $65M–$85M.

  • Q4 revenue $460.1M; same-store sales +23%.
  • $145.8M non-cash impairment drove GAAP loss.
  • New and pre-owned boat ASPs increased.
  • FY26 adjusted EPS guide $0.25–$0.75.

Headline financials

Total Revenue

$460M

Previous: $378M+21.8%
EPS (adj)

-$6.90

Previous: -$0.36-1816.7%
Net Income

-$113M

Previous: -$10.4M-985.0%

Revenue & EPS history

OneWater Marine · Revenue · Quarterly

$460M

Q4 2025+21.8%vs Q4 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

OneWater Marine · $36.7M total across 2 segments · Q4 2021

  • Service, parts & other sales
    $27M+33.3%
  • Finance & insurance income
    $9.68M+25.0%

Forward guidance

Marine retail outlook ties to interest rates, inventory normalization, and used-boat demand.

Tailwinds

  • Same-store sales recovery.
  • F&I and service margin mix.
  • Cost actions and inventory turns.

Headwinds

  • Boat affordability and rates.
  • Weather and hurricane comps.
  • Manufacturer allocation.

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 Q4 2025

Historical avgQ4 2025

-1.8%

Avg return

Earnings day

-1.3%

Avg return

5 days after

-0.5%

Avg return

30 days after

44%

11 / 25 earnings

Positive

+13.7%

Q1 2025

Best reaction

-28.2%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-7.4%+7.3%+9.0%
Q1 2026-2.9%+5.5%-13.9%
Q4 2025-10.2%-20.8%-25.5%
Q2 2025-8.5%-17.4%-1.6%
Q1 2025+13.7%+16.8%+7.9%
Q4 2024-15.6%-18.8%-10.8%
Q3 2024-19.0%-26.8%-21.4%
Q2 2024+12.6%+12.0%+28.2%
Q1 2024+7.3%+3.0%+4.0%
Q4 2023-1.9%-1.3%+19.1%
Q3 2023-28.2%-27.9%-28.2%
Q2 2023+8.4%+12.4%+20.1%
Q1 2023-12.0%-12.2%-15.2%
Q4 2022-7.7%-6.1%-6.3%
Q3 2022+7.5%+4.5%+6.1%
Q2 2022+2.3%+3.5%-1.1%
Q1 2022-2.9%+2.9%-2.1%
Q4 2021+7.2%+7.3%-2.9%
Q3 2021+6.2%+4.0%-7.2%
Q2 2021-0.4%+7.1%-4.2%
Q1 2021+7.0%+0.3%+5.9%
Q4 2020+1.9%+15.5%+16.7%
Q3 2020-11.5%-6.2%+2.8%
Q2 2020+9.8%+17.5%+70.2%
Q1 2020-0.5%-15.2%-61.7%
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2017

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