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Callaway Golf (CALY) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 12, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.36

Last Year’s EPS

0.24

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 6 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 07, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed strong operational performance in Q1 with notable top-line growth (+9%), significant adjusted EBITDA expansion (+31%), meaningful gross margin improvement (+260 bps), record green-grass ball share gains, improved liquidity and active capital return through buybacks and debt repayment. Management raised full-year revenue and EBITDA guidance and lowered tariff expense expectations, reflecting confidence in near-term demand and structural margin progress. Offsetting these positives are ongoing tariff uncertainty, rising commodity/petrochemical cost pressures, and deliberate strategic actions (product launch shifts and SKU rationalization) expected to depress the back half of the year. While some margin benefits included one-time items and timing effects, the overall narrative emphasized sustained improvement and a disciplined path to higher profitability and shareholder returns.

Company Guidance

Callaway raised its 2026 outlook, now forecasting full‑year net sales of $2.015–$2.070 billion (≈$28M higher at the midpoint) and adjusted EBITDA of $211–$233M (≈$40M higher at the midpoint, with ~$25M from lower tariffs and ~$15M from flow‑through), and now expects gross margin to be up year‑over‑year (revised from ~flat). Management expects full‑year gross tariff expense of about $50M (down from prior $75M), has applied for >$10M of refunds in Phase 1 with potential refunds up to just under $50M, and noted Q1 incurred roughly $18M of incremental tariff expense; Q1 results were net sales $688M (up 9%), adjusted EBITDA $164M (up 31%), and gross margin 47.7% (+260 bps). Q2 guidance is net sales $585–$610M and adjusted EBITDA $98–$108M (implied H1 net sales up mid‑single digits at the midpoint), while the back half is expected to be pressured (≈$70M lower net sales year‑over‑year at the midpoint, with >$50M of that from fewer product launches and rationalizations and a ~$12M EBITDA headwind from lower dividend income). Other metrics: capex $35–$40M, repurchased $79M of stock in the first 4 months under a $200M program with $125M remaining, paid off $258M of convertible notes May 1, ended Q1 with $500M cash, $474M debt and total liquidity of $996M (up $224M YoY), and expect adjusted EBITDA growth to generally flow through to additional free cash flow though no specific FCF guide was provided.

Revenue Growth

Consolidated revenue of $688 million in Q1 2026, up 9% year-over-year, driven by strong demand for 2026 product lines and better-than-expected supply chain execution.

Adjusted EBITDA Expansion

Adjusted EBITDA from continuing operations of $164 million, up 31% year-over-year, with margin flow-through from higher sales and operational improvements.

Gross Margin Improvement

Gross margin increased 260 basis points to 47.7% in Q1, attributed to margin initiatives, select price increases, cost reductions and favorable channel/mix dynamics.

Segment Strength — Golf Equipment and Soft Goods

Golf Equipment net sales increased ~10% year-over-year; Soft Goods net sales increased ~8%, led by TravisMathew's direct-to-consumer growth.

Market Share and Product Momentum

Callaway holds #2 U.S. market share in clubs and balls; new Quantum family of woods/irons and Chrome Tour ball lineup received strong consumer and trade response; U.S. golf ball green-grass share reached a record 23.9% in March, up 350 basis points year-over-year.

Balance Sheet and Liquidity Improvements

Returned to a net cash position (outstanding debt $474M, cash $500M) and total liquidity of $996M, up $224M year-over-year; repaid $1.0B term debt earlier in the year and settled $258M of convertible notes in cash.

Capital Return Initiatives

Initiated share repurchases under a $200M program, buying back $79M of common stock in first 4 months (including ~$75M open market), with $125M remaining on the repurchase authorization.

Guidance Raised

Full-year 2026 net sales guidance increased to $2.015B–$2.070B (midpoint up ~ $28M) and adjusted EBITDA guidance raised to $211M–$233M (midpoint up ~$40M); gross tariff expense outlook reduced to ~$50M from $75M, and full-year gross margin now expected to be up year-over-year (revised from flat).

Callaway Golf (CALY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CALY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 12, 2026	2026 (Q2)	0.35 / -	0.24	―	―	―
May 07, 2026	2026 (Q1)	0.42 / 0.56	0.11	409.09% (+0.45)
Feb 12, 2026	2025 (Q4)	-0.42 / -0.25	-0.33	24.24% (+0.08)
Nov 06, 2025	2025 (Q3)	-0.22 / -0.05	0.02	-350.00% (-0.07)
Aug 06, 2025	2025 (Q2)	0.02 / 0.24	0.42	-42.86% (-0.18)
May 12, 2025	2025 (Q1)	-0.06 / 0.11	0.09	22.22% (+0.02)
Feb 24, 2025	2024 (Q4)	-0.40 / -0.33	-0.3	-10.00% (-0.03)
Nov 12, 2024	2024 (Q3)	-0.17 / 0.02	0.2	-90.00% (-0.18)
Aug 07, 2024	2024 (Q2)	0.27 / 0.42	0.39	7.69% (+0.03)
May 08, 2024	2024 (Q1)	0.01 / 0.09	0.17	-47.06% (-0.08)

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

CALY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 07, 2026	$14.77	$17.52	+18.62%
Feb 12, 2026	$14.82	$12.59	-15.05%
Nov 06, 2025	$9.27	$10.60	+14.35%
Aug 06, 2025	$8.79	$9.56	+8.76%

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 Callaway Golf Company (CALY) report earnings?

Callaway Golf Company (CALY) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).

What is Callaway Golf Company (CALY) earnings time?

Callaway Golf Company (CALY) earnings time is at Aug 12, 2026, After Close (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 CALY EPS forecast?

CALY EPS forecast for the fiscal quarter 2026 (Q2) is 0.36.