NYSE$CALY
Callaway Golf Company · Q1 2025 earnings
Q1 2025 earnings · · After market close · Investor relations
Briefing
Topgolf Callaway Brands reported Q1 2025 net revenues of $1.09B with net income of $2.1M.
Net revenues were $1.09 billion as Topgolf venues and golf equipment sales contributed. Net income was $2.1 million; diluted EPS was $0.01. The company is executing a transformation plan ahead of the planned Topgolf separation.
- Q1 net revenues $1.09B.
- Net income $2.1M.
- Topgolf same-venue sales and new openings remain focal.
- Transformation and separation costs affect near-term margins.
Headline financials
Revenue & EPS history
Topgolf Callaway · Revenue · Quarterly
$1.09B
Revenue by segment
Topgolf Callaway · $1.04B total across 3 segments · Q3 2023
- Topgolf$448M+8.2%43.0%
- Active Lifestyle$300M+7.7%28.8%
- Golf Equipment$293M-1.1%28.2%
Forward guidance
Outlook focuses on volumes, pricing, and capital spending across core operations.
Tailwinds
- Same-store or same-venue growth initiatives.
- Cost programs and portfolio actions support margins.
Headwinds
- Macro traffic and seasonal demand volatility.
- Labor, fuel, or interest expense pressure.
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 Q1 2025
-0.1%
Avg return
Earnings day
-1.6%
Avg return
5 days after
+1.5%
Avg return
30 days after
50%
32 / 64 earnings
Positive
+18.7%
Q3 2013
Best reaction
-20.8%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.1% | +6.3% | +0.1% | |
| Q3 2025 | +14.4% | +14.3% | +24.2% | |
| Q1 2025 | -17.2% | -11.4% | +0.0% | |
| Q4 2024 | -0.3% | -2.5% | +3.0% | |
| Q3 2024 | -11.3% | -11.6% | -17.1% | |
| Q2 2024 | -14.5% | -18.4% | -27.1% | |
| Q1 2024 | -8.2% | -8.0% | -7.6% | |
| Q4 2023 | +5.6% | +3.6% | -6.3% | |
| Q3 2023 | -20.8% | -22.9% | -1.6% | |
| Q2 2023 | -9.8% | -10.6% | -12.6% | |
| Q1 2023 | -13.9% | -20.9% | -11.4% | |
| Q4 2022 | -4.0% | -1.1% | -6.6% | |
| Q3 2022 | +5.5% | +6.2% | +23.6% | |
| Q2 2022 | -2.0% | -5.9% | -5.8% | |
| Q1 2022 | +8.1% | +18.2% | +22.2% | |
| Q4 2021 | -9.6% | -1.7% | -10.9% | |
| Q3 2021 | +2.0% | +0.7% | -2.9% | |
| Q2 2021 | -4.2% | -11.4% | -16.7% | |
| Q1 2021 | +8.9% | +8.6% | +14.9% | |
| Q4 2020 | -2.3% | -4.7% | -1.6% | |
| Q3 2020 | +5.5% | -2.3% | +34.6% | |
| Q2 2020 | -6.9% | -5.7% | +2.9% | |
| Q1 2020 | +2.8% | -9.2% | +28.4% | |
| Q4 2019 | -6.7% | -3.7% | -38.3% | |
| Q3 2019 | -1.5% | -3.5% | +1.2% | |
| Q2 2019 | +10.6% | +8.3% | +5.3% | |
| Q1 2019 | -5.2% | -5.2% | -6.9% | |
| Q4 2018 | -4.2% | -6.6% | +3.6% | |
| Q3 2018 | -2.5% | -4.4% | -12.3% | |
| Q2 2018 | +13.1% | +13.3% | +18.7% | |
| Q1 2018 | +7.5% | +3.2% | +13.8% | |
| Q4 2017 | +3.6% | +4.4% | +8.8% | |
| Q3 2017 | +3.4% | +1.0% | +0.1% | |
| Q2 2017 | +7.1% | +3.5% | +9.2% | |
| Q1 2017 | +7.7% | +6.6% | +7.8% | |
| Q4 2016 | -8.4% | -7.7% | -7.5% | |
| Q3 2016 | +11.5% | +16.0% | +18.1% | |
| Q2 2016 | +0.1% | +2.5% | +9.3% | |
| Q1 2016 | -0.6% | — | — | |
| Q4 2015 | +4.6% | — | — | |
| Q3 2015 | +7.5% | — | — | |
| Q2 2015 | +8.0% | — | — | |
| Q1 2015 | +0.6% | — | — | |
| Q4 2014 | +4.9% | — | — | |
| Q3 2014 | +12.1% | — | — | |
| Q2 2014 | -8.5% | — | — | |
| Q1 2014 | -7.7% | — | — | |
| Q4 2013 | -6.4% | — | — | |
| Q3 2013 | +18.7% | — | — | |
| Q2 2013 | +6.1% | — | — | |
| Q1 2013 | +3.7% | — | — | |
| Q4 2012 | +0.2% | — | — | |
| Q3 2012 | -7.6% | — | — | |
| Q2 2012 | +3.7% | — | — | |
| Q1 2011 | -12.2% | — | — | |
| Q1 2012 | +5.5% | — | — | |
| Q4 2009 | -0.3% | — | — | |
| Q4 2011 | -0.3% | — | — | |
| Q3 2011 | +2.0% | — | — | |
| Q3 2010 | +2.0% | — | — | |
| Q4 2010 | -1.4% | — | — | |
| Q2 2011 | -1.4% | — | — | |
| Q2 2010 | -1.4% | — | — | |
| Q1 2010 | +0.6% | — | — |
Discussion
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