MarineMax Q3 profit rises as revenue falls 7%; fiscal 2026 guidance reaffirmed
MarineMax reported fiscal third-quarter 2026 results, with revenue down 7.0% to $611.3 million on a 7% decline in same-store sales. Net income was $15.4 million, or $0.66 per diluted share, compared with a net loss of $52.1 million a year earlier, which included a $69.1 million goodwill impairment; gross margin rose 530 basis points to 35.7%, helped by about 110 basis points from a tariff refund. The company reaffirmed its fiscal 2026 guidance of Adjusted EBITDA of $110 million to $125 million and adjusted net income of $0.40 to $0.95 per diluted share.
Key points
- Revenue fell 7.0% to $611.3 million from $657.2 million; same-store sales declined 7%.
- Gross margin rose 530 basis points to 35.7%; gross profit increased 9.2% to $218.1 million.
- Net income was $15.4 million, or $0.66 per diluted share, versus a net loss of $52.1 million, or $2.42 per share, a year earlier; adjusted diluted EPS was $0.81.
- Fiscal 2026 guidance reaffirmed: Adjusted EBITDA of $110 million to $125 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 23, 2026.
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