Marine Products delivered strong Q4 2025 revenue growth driven by higher boat sales and pricing, but profitability declined year over year due to higher operating expenses and tax impacts, resulting in lower net income and margins.
Net sales increased 35% year over year to $64.6 million.
Net income declined 45% year over year to $2.4 million.
Gross margin improved modestly despite higher SG&A expenses.
The company ended the quarter with a strong cash position and no debt.
Management remains cautious on near-term demand but is confident in the company’s liquidity and ability to manage through market volatility.
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