Education
About Us
Working with TipRanks
Follow Us
Malibu Boats (MBUU)
NASDAQ:MBUU
Earnings Data
Report Date
May 07, 2026TBA (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.34Last Year’s EPS
0.72Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture. Operationally and strategically the company highlighted several positive elements — product recognition, new model rollouts, early traction on retail financing and OEM components, continued cost-control initiatives, positive free cash flow, and an active share-repurchase program — and management maintained guidance with an expectation of margin recovery later in the year. However, these positives were offset by material near-term financial pressures: unit volumes and net sales declined, gross profit and adjusted EBITDA dropped sharply (32.9% and 52.5%, respectively), the company reported a GAAP net loss, and margin headwinds from higher per-unit labor/material costs, promotions, unfavorable mix, and tariff exposure remain evident. Overall, the strategic and cash-strength highlights are meaningful but do not fully offset the pronounced profitability and volume deterioration reported for the quarter.Company Guidance
Net Sales Ahead of Expectations
Reported net sales of $188.6 million beat management expectations for the quarter, demonstrating resilience in a challenging retail environment despite a year-over-year decline of 5.8%.
Positive Free Cash Flow and Share Repurchases
Generated $8.4 million of free cash flow in Q2 (inclusive of $4.4 million of capital expenditures). Expanded the share repurchase program to $70 million and completed $20.8 million of repurchases (751,000 shares) during the quarter, reflecting strong cash generation and disciplined capital allocation.
Higher Net Sales Per Unit (ASP Improvement)
Consolidated net sales per unit increased 4.1% year-over-year to $170,544 per unit, driven primarily by favorable model mix in cobalt and saltwater fishing segments and inflation-driven price increases.
Product Recognition and New Model Introductions
Malibu 23 LSV was recognized as Wake World's Riders' Choice Award surf boat of the year for the sixth consecutive year, underscoring product leadership. Company plans to debut the Pursuit 286 and Pathfinder 2800 at the Miami International Boat Show, highlighting ongoing product innovation.
Early Traction on Retail Financing (MBI) and OEM Components
MBI retail financing program (rates as low as 3.99%) showed encouraging early take rates at boat shows and is being expanded across brands. The new marine components business has initial engagement with two customers (soft grip flooring and trailer offerings), providing early proof points for the vertically integrated strategy.
Cost Control and Operational Initiatives
General & administrative expenses decreased 21.5% (approximately $5.7 million) year-over-year and G&A as a percentage of sales fell ~230 basis points to 11%. Centralized sourcing and other operational excellence initiatives are beginning to show benefits and are expected to support margin recovery in the back half of the fiscal year.
Healthy Dealer Inventory Position Relative to Industry
Management highlighted a healthy and current inventory position for model year 2026 boats across its dealer network, supported by disciplined channel inventory management and dealer-focused actions, which positions the company to introduce new products and capture share as the market stabilizes.
Maintained Guidance and Margin Roadmap
Company maintained full-year outlook (sales flat to down mid-single digits) and provided consolidated adjusted EBITDA margin guidance of 8%–9% for the fiscal year (Q3 ~8.5%), indicating management confidence in margin recovery driven by top-line leverage, centralized sourcing benefits, and reduced promotional cadence.
MBUU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MBUU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 05, 2026 | $34.61 | $30.71 | -11.27% |
Oct 30, 2025 | $32.57 | $28.23 | -13.33% |
Aug 28, 2025 | $39.52 | $32.80 | -17.00% |
May 08, 2025 | $29.76 | $30.77 | +3.39% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Malibu Boats (MBUU) report earnings?
Malibu Boats (MBUU) is schdueled to report earning on May 07, 2026, TBA (Confirmed).
What is Malibu Boats (MBUU) earnings time?
Malibu Boats (MBUU) earnings time is at May 07, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MBUU EPS forecast?
MBUU EPS forecast for the fiscal quarter 2026 (Q3) is 0.34.