Holley Reports Q3 2026 Growth Driven by Core Business Acceleration and Portfolio Rebalancing

Holley (HLLY) reported strong third-quarter 2026 results, characterized by a significant turnaround in net income to $7.8 million from a prior year loss. Net sales rose 2.3% to $141.6 million, bolstered by a 6.7% growth in the core business, which represents an acceleration over the previous quarter. The company's strategic focus on portfolio rebalancing and operational efficiency led to an Adjusted EBITDA of $29.4 million, with margins expanding to 20.8%, surpassing long-term targets. Financial health improved significantly as Holley reduced debt by $25 million, bringing its leverage ratio down to 3.5x—the lowest in four years and meeting year-end targets ahead of schedule. While the company faces a more cautious consumer environment, leading to tightened full-year net sales guidance of $610 million to $625 million, strong performance in Direct-to-Consumer e-commerce (up 65%) and Modern Truck & Off-Road segments provides a positive outlook for core growth.

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