AI brief of an SEC Form 8-K · OneWater Marine Inc. (ONEW)

OneWater Marine Q3 revenue falls 4% to $530.7 million; adjusted EBITDA rises 15%

Mixed Impact 4 of 5 earnings Written later

OneWater Marine reported fiscal third-quarter 2026 revenue of $530.7 million, down 4.0% from a year earlier, and GAAP net income of $11.7 million, or $0.69 per diluted share, up from $0.65. Adjusted diluted EPS fell to $0.73 from $0.79, while adjusted EBITDA rose 15% to $37.8 million. The company also updated its full-year 2026 outlook, now calling for total revenue of $1.75 billion to $1.80 billion and adjusted diluted EPS of $0.35 to $0.55.

Key points

  • Q3 total revenue was $530.7 million, down 4.0%; same-store sales fell 2%, and the company cited the Ocean Bio-Chem divestiture and exited brands.
  • GAAP diluted EPS was $0.69 versus $0.65 a year earlier; adjusted diluted EPS was $0.73 versus $0.79.
  • Adjusted EBITDA was $37.8 million versus $32.8 million; gross margin rose 70 basis points to 24.0%.
  • Adjusted net debt leverage improved to 3.7x from 5.8x, and the fiscal 2026 target of below 4.0x was reached ahead of schedule.

The filing

CompanyOneWater Marine Inc. (ONEW)
Form8-K, current report
Filed with the SECJul 30, 2026, 7:01 AM ET
Accession number0001772921-26-000041

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 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 30, 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.