MasterCraft posts $1.6M fiscal 2026 continuing-operations loss as net sales rise 22.8%
MasterCraft reported fiscal 2026 net sales of $348.9 million, up 22.8%, after completing its merger with Marine Products on May 15, 2026. A $10.1 million non-cash impairment in the Leisure segment and $20.4 million in acquisition-related expenses produced a loss from continuing operations of $1.6 million, compared with income of $10.7 million a year earlier. Adjusted Net Income rose to $30.2 million, or $1.76 per diluted share, from $0.92 per share, and the company gave outlook for a six-month transition period ending December 31, 2026.
Key points
- Fiscal 2026 loss from continuing operations was $1.6 million, or $(0.09) per diluted share, versus income of $10.7 million, or $0.65 per share, in fiscal 2025.
- Fiscal 2026 Adjusted EBITDA was $45.6 million, up from $24.4 million, and Adjusted Net Income per diluted share was $1.76, up from $0.92.
- Fourth-quarter net sales were $129.9 million, up 63.4%, and the quarter's loss from continuing operations was $7.0 million, or $(0.35) per diluted share.
- For the six-month transition period from July 1 to December 31, 2026, the company expects net sales of $287 million to $291 million and Adjusted EBITDA of $29 million to $32 million.
The filing
Written by AI on Nov 9, 2026, 8:53 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 September 10, 2026.
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.