OneWater Marine Earnings Reports

OneWater Marine Inc. reported a 2% increase in revenue to $553 million and a 2% increase in same-store sales for the fiscal third quarter ended June 30, 2025. Despite these gains, the company experienced pressure on margins due to a highly competitive environment and promotional activity, leading to a decrease in GAAP net income and adjusted EBITDA compared to the prior year.

OneWater Marine Inc. reported a challenging fiscal second quarter 2025, with total revenue decreasing by 1.0% to $483.5 million. The company experienced a net loss of $375 thousand, or $(0.02) per diluted share, and adjusted diluted earnings per share of $0.13. Gross profit margin decreased to 22.8%.

OneWater Marine Inc. reported a revenue increase of 3% to $376 million for the fiscal first quarter 2025. Same-store sales increased by 4%. The company experienced a net loss of $14 million, or $(0.81) per diluted share, and an adjusted diluted loss per share of $(0.54).

OneWater Marine Inc. reported a decrease in revenue for fiscal fourth quarter 2024 to $377.9 million, a 16.2% decrease compared to the prior year, with a net loss of $(10.4) million. The company's performance was impacted by Hurricane Helene, which disrupted sales during the last 10 days of the month. Looking to fiscal 2025, the company expects a slower start to the year due to ongoing hurricane impacts but remains cautiously optimistic about the full year outlook.

OneWater Marine Inc. reported a decrease in revenue by 9% to $542 million compared to the previous year. Same-store sales decreased by 8%. Net income was $17 million, or $0.99 per diluted share, with adjusted diluted earnings per share at $1.05. The company focused on managing inventory and expenses amid a weaker market environment.

OneWater Marine Inc. announced its fiscal second quarter 2024 results, with revenue decreasing by 7% to $488 million. The company reported a GAAP net loss of $(5) million, or $(0.27) per diluted share, but an adjusted diluted earnings per share of $0.67. Despite a competitive selling environment and moderating boat prices, margins are stabilizing, and finance & insurance penetration remains strong.

OneWater Marine Inc. reported a revenue increase of 13.4% to $451.0 million for fiscal fourth quarter 2023 compared to the prior year. Same-store sales increased by 14.6%. However, the company recorded a net loss of $(110.9) million due to a non-cash impairment charge of $147.4 million related to certain goodwill and identifiable intangible assets.

OneWater Marine Inc. announced fiscal third quarter 2023 results with a 4.5% increase in revenue to $594.3 million. Net income was $33.3 million, or $1.95 per diluted share. The company focused on strategic inventory management and cost optimization amid a deteriorating selling environment.

OneWater Marine Inc. reported a 19% increase in revenue to $524 million for the fiscal second quarter of 2023, a new record. Same-store sales increased by 11%, and service, parts, and other revenue grew by 28%. Net income for the quarter was $27 million, or $1.56 per diluted share.

OneWater Marine Inc. reported a 41.8% increase in revenue for the fiscal fourth quarter of 2022, reaching $397.5 million, compared to $280.3 million in the same quarter of the previous year. Net income totaled $22.3 million, with earnings per diluted share at $1.28. The growth was attributed to sales from acquired businesses and an increase in same-store sales.

OneWater Marine Inc. reported record fiscal third quarter results, with revenue increasing by 41% and Adjusted EBITDA rising by 45%. The company's performance was driven by strength across the business, diversity in its model, and a robust acquisition strategy.

OneWater Marine Inc. reported a strong fiscal second quarter with a 34% increase in revenue to $442.1 million and a 39% increase in earnings per diluted share to $2.54. The company's performance was driven by same-store sales growth and strategic acquisitions.

OneWater Marine reported a strong first quarter with a 57% increase in revenue to $336.3 million, driven by a 28% increase in same-store sales and contributions from acquired businesses. Net income increased by 99% to $23.5 million, and adjusted EBITDA rose by 146% to $41.0 million. The company also completed four strategic acquisitions during the quarter.

OneWater Marine Inc. reported a 3.4% increase in revenue for the fiscal fourth quarter 2021, reaching $280.3 million, and a net income of $22.5 million, compared to $6.0 million in the same quarter of the previous year. The company's finance & insurance income and service, parts, and other sales saw significant increases, while same-store sales decreased by 8% due to industry-wide inventory shortages. For the full fiscal year, revenue increased by 20.1% to $1,228.2 million, and net income increased by 140.0% to $116.4 million.

OneWater Marine Inc. reported a slight decrease in revenue but a significant increase in net income for the fiscal third quarter 2021. Revenue was $404.2 million, a 1.0% decrease compared to the previous year, while net income increased by 27% to $51.6 million. The company's gross profit margin expanded by more than 800 basis points to 31%, driven by a focus on higher margin service, parts, and other sales.

OneWater Marine Inc. announced record fiscal second quarter 2021 results with revenue increasing 74% to $329.6 million and net income increasing 10-fold to $30.6 million.

OneWater Marine Inc. reported a strong fiscal first quarter with a 39.3% increase in revenue to $214.1 million compared to the same period last year. Same-store sales increased by 38%. Net income increased to $11.8 million, or $0.71 per diluted share, and Adjusted EBITDA increased to $16.7 million.

OneWater Marine Inc. reported a strong fiscal fourth quarter with a 29.8% increase in revenue compared to the previous year, driven by increased average unit prices and operational improvements. Same-store sales increased by 25%, and net income rose by 18.9%.

OneWater Marine Inc. reported a strong fiscal third quarter 2020 with a 49% increase in revenue to $408.3 million and a 24% increase in net income to $40.6 million. The company experienced unprecedented retail demand, leading to significant growth in new and pre-owned boat sales, as well as finance and insurance income. Same-store sales also saw a record increase of 44%.

OneWater Marine reported a revenue increase of 49% to $153.7 million and same-store sales growth of 17% for the fiscal first quarter ended December 31, 2019. The company's operating income increased by 176% to $3.0 million, and finance & insurance income doubled. A net loss of $1.1 million was reported, while adjusted EBITDA rose to $1.1 million.