Malibu Boats delivered a strong Q4 2025 performance, returning to profitability with $4.8M in net income and a 30.4% increase in net sales, driven by higher Malibu segment sales and reduced promotional costs.
Malibu Boats, Inc. reported a strong third quarter for fiscal year 2025, with significant increases in net sales, gross profit, GAAP net income, and Adjusted EBITDA compared to the same period last year, despite ongoing market challenges and softness in retail demand. The company saw increased unit volumes in the Malibu segment and favorable model mix across all segments, partially offset by decreased unit volumes in the Cobalt and Saltwater Fishing segments.
Malibu Boats, Inc. reported a decrease in net sales by 5.1% to $200.3 million and a decrease in GAAP net income by 76.1% to $2.4 million compared to the second quarter of fiscal year 2024. The company is adjusting production levels to match a challenging retail environment and updating full-year guidance to reflect weaker retail market trends.
Malibu Boats reported a decrease in net sales by 32.9% to $171.6 million and a net loss of $5.1 million for the first quarter of fiscal year 2025. The company is focused on inventory management and showcasing its 2025 lineup. They also repurchased $10 million of common stock.
Malibu Boats reported a significant decrease in net sales, gross profit, and net income for Q3 2024, driven by decreased unit volumes across all segments and increased dealer flooring program costs. The company faced challenges due to softened retail demand and elevated channel inventories, particularly in the tow boat and value boat markets. A goodwill and other intangible asset impairment charge of $88.4 million further impacted the results.
Malibu Boats, Inc. reported a decrease in net sales by 37.7% to $211.1 million and a decrease in unit volume by 43.7% to 1,373 units for the second quarter of fiscal year 2024. The company's net income also decreased by 72.1% to $10.1 million. These results were attributed to weak retail demand and high inventory levels.
Malibu Boats reported a decrease in net sales by 15.3% to $255.8 million and a decrease in net income by 42.5% to $20.8 million compared to the first quarter of fiscal year 2023. The decrease in net sales was primarily driven by decreased unit volumes across all segments resulting primarily from decreased retail demand and increased dealer flooring program costs across all segments resulting from higher interest rates and increased inventory levels, partially offset by a favorable model mix across all segments and inflation-driven year-over-year price increases.
Malibu Boats, Inc. reported a 9.0% increase in net sales, reaching $375.1 million, and a 2.9% increase in unit volume to 2,637 units for the third quarter of fiscal year 2023. While gross profit increased by 1.5%, net income decreased by 2.5% to $53.5 million, and adjusted EBITDA decreased slightly by 0.6%.
Malibu Boats, Inc. reported a strong second quarter for fiscal year 2023, marked by a 28.4% increase in net sales, a 17.5% rise in net income, and a 19.7% growth in Adjusted EBITDA compared to the prior year. The company's performance was driven by increased unit volumes across all segments and inflation-driven price increases.
Malibu Boats, Inc. announced record first quarter fiscal 2023 results, with net sales increasing by 19.2% to $302.2 million and net income increasing by 29.3% to $36.1 million. The company's performance was supported by continued strength across its brands and effective execution of its operating model.
Malibu Boats, Inc. reported a record-setting third quarter with net sales increasing by 26.0%, net income rising by 56.1%, and Adjusted EBITDA increasing by 39.9% compared to the prior year. The company shipped more units than anticipated, driven by operational excellence and the addition of Malibu Electronics which expanded their vertical integration model.
Malibu Boats, Inc. reported a record second quarter for fiscal year 2022, with net sales increasing by 34.9% to $263.9 million and net income rising by 39.9% to $31.0 million. The company's performance was driven by its brands, loyal customers, and operational agility, which allowed it to outperform the market despite ongoing supply chain challenges and inflationary pressures.
Malibu Boats, Inc. reported a record first quarter for fiscal year 2022, with net sales increasing by 40.1% to $253.5 million and net income rising by 26.7% to $27.9 million compared to the prior year period.
Malibu Boats, Inc. reported a record-setting third quarter for fiscal year 2021, with net sales increasing by 49.8% to $273.2 million and net income increasing by 47.2% to $35.1 million.
Malibu Boats, Inc. reported an 8.6% increase in net sales to $195.6 million for the second quarter of fiscal year 2021. Gross profit increased by 24.1% to $49.5 million, and net income increased by 25.8% to $22.1 million. The company's performance was driven by strong retail demand and operational excellence.
Malibu Boats, Inc. announced its financial results for the first quarter ended September 30, 2020, with net sales increasing by 5.2% to $181.0 million and net income increasing by 32.1% to $22.0 million.
Malibu Boats, Inc. reported a decrease in net sales by 8.8% to $182.3 million and a decrease in unit volume by 14.2% to 1,796 boats, both primarily due to the suspension of operations at manufacturing facilities in the last week of the quarter as a result of the COVID-19 pandemic. Net income increased 7.5% to $23.9 million, or $1.11 per share.