Malibu Boats Reports Strong Q4 and Full-Year Fiscal 2026 Results
Malibu Boats (MBUU) reported strong financial results for the fourth quarter of fiscal 2026, with net sales reaching $295.5 million—a year-over-year increase of 42.7%, driven by the Saxdor acquisition and growth in its Cobalt and Saltwater Fishing segments. Adjusted EBITDA rose to $33.9 million, a 72.7% improvement from last year, with an expanded margin of 11.5%. The company also reported gross profit of $52.2 million for the quarter, reflecting a healthy 17.7% gross margin. For fiscal 2026 as a whole, Malibu achieved full-year net sales of $914.6 million—$29 million above its guidance—and adjusted EBITDA reached $73.9 million. Free cash flow for the year was reported at $43.2 million, or about 58% of adjusted EBITDA. The company also completed a refinancing in July 2026 and authorized a new share repurchase program worth up to $70 million. Looking ahead, Malibu provided guidance for fiscal 2027 with net sales expected between $1.08 billion and $1.12 billion. However, management noted near-term headwinds from macroeconomic pressures affecting consumer demand in the marine industry.
