MasterCraft Boat Holdings, Inc. announced robust financial results for the second quarter of fiscal 2026, with net sales reaching $71.8 million, a 13.2% increase year-over-year. Income from continuing operations per diluted share grew from $0.03 to $0.15, and Adjusted EBITDA more than doubled to $7.5 million, indicating strong operational performance and effective cost controls.
Net sales for the second quarter increased by $8.4 million, or 13.2%, to $71.8 million, driven by favorable model mix, options sales, higher unit volumes, and increased prices.
Income from continuing operations rose to $2.5 million, or $0.15 per diluted share, up from $0.4 million, or $0.03 per diluted share, in the prior-year period.
Adjusted Net Income, a non-GAAP measure, was $4.7 million, or $0.29 per diluted share, significantly up from $1.7 million, or $0.10 per diluted share.
Adjusted EBITDA surged to $7.5 million, an increase of $3.9 million from the comparable prior-year period, with Adjusted EBITDA margin improving to 10.4% from 5.6%.
For the full fiscal year 2026, MasterCraft expects consolidated net sales between $300 million and $310 million, Adjusted EBITDA between $36 million and $39 million, and Adjusted Earnings per share between $1.45 and $1.60. Capital expenditures are projected to be approximately $9 million. For the fiscal third quarter 2026, consolidated net sales are expected to be approximately $75 million, with Adjusted EBITDA of approximately $9 million, and Adjusted Earnings per share of $0.35. This outlook does not include the pending combination with Marine Products.
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