Malibu Boats swings to $6.1 million profit as quarterly net sales rise 29.9%
Malibu Boats reported results for the quarter ended September 30, 2026, with net sales up 29.9% to $252.9 million and net income of $6.1 million, compared with a $0.7 million loss a year earlier. The results included a $15.0 million reduction in general and administrative expenses from derecognizing an insurance-related liability, and the board changed the fiscal year end to December 31, with new outlook for the three months ending December 31, 2026.
Key points
- Net sales rose 29.9% to $252.9 million, including $51.1 million from the recently acquired Saxdor segment.
- GAAP net income was $6.1 million, or $0.30 per diluted share, versus a net loss of $0.7 million, or $0.04 per share, a year earlier.
- General and administrative expenses fell $9.1 million to $11.6 million, helped by a $15.0 million reduction from derecognizing an insurance-related liability; operating cash flow was negative $31.1 million.
- For the three months ending December 31, 2026, the company expects net sales of $236 million to $248 million and Adjusted EBITDA of $13.0 million to $15.0 million.
The filing
Written by AI on Nov 9, 2026, 8:38 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 November 05, 2026.
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