MarineMax reports $52.1 million Q3 loss on $69.1 million impairment; cuts guidance
MarineMax reported fiscal third-quarter 2025 revenue down 13.3% to $657.2 million and a net loss of $52.1 million, or $2.42 per share, including a non-cash $69.1 million goodwill impairment. The company also cut its fiscal 2025 adjusted EPS guidance to $0.45 to $0.95 from $1.40 to $2.40, which lowers expected profit for shareholders.
Key points
- Revenue fell 13.3% to $657.2 million from $757.7 million; gross margin was 30.4% versus 32.0% a year earlier.
- Net loss of $52.1 million, or $2.42 per share, versus net income of $31.6 million, or $1.37 per diluted share, a year earlier.
- Adjusted diluted EPS was $0.49 versus $1.51; adjusted EBITDA was $35.5 million versus $70.4 million.
- Fiscal 2025 adjusted EPS guidance cut to $0.45 to $0.95 from $1.40 to $2.40; adjusted EBITDA guidance cut to $105 to $120 million from $140 to $170 million.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.