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OneWater Marine (ONEW)
NASDAQ:ONEW
Earnings Data
Report Date
Apr 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.11Last Year’s EPS
0.13Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call conveyed cautious optimism: management reported modest revenue growth, meaningful margin expansion (+110 bps) and improvements in adjusted profitability (adjusted EBITDA doubled and adjusted loss per share materially improved). Inventory mix and age are healthier, pre-owned and service segments showed strong growth, and the company is pursuing asset sales to lower leverage. Offsetting these positives are a 6% decline in new boat sales, a GAAP net loss of $8M and a $7M impairment, elevated leverage (net debt ~5.1x EBITDA) and reliance on a not-yet-definitive asset sale to materially improve leverage. Guidance was maintained but reflects a conservative industry outlook. Overall, positives and operational improvements are meaningful but balanced by capital structure risk and some demand softness.Company Guidance
Revenue Growth
Fiscal Q1 revenue of $381 million, up 1% year-over-year from $370 million, demonstrating top-line stability versus prior year.
Gross Margin Expansion
Gross profit increased to $89 million from $84 million and gross profit margin expanded to 23.5%, a 110 basis point improvement versus the prior year quarter driven by favorable model mix and portfolio actions.
Pre-owned and Aftermarket Strength
Pre-owned boat sales increased 24% (driven by higher unit sales and higher average unit price) and service, parts, and other revenue grew 10%, reflecting strength in distribution/service operations and customer loyalty.
Improved Adjusted Profitability
Adjusted EBITDA rose to $4 million from $2 million year-over-year. Adjusted loss per diluted share improved to a $0.04 loss versus a $0.54 loss in the prior year period.
Inventory Optimization and Healthier Mix
Total inventory decreased to $602 million from $637 million (down ~$35 million, ~5.5%), with management reporting healthier age profile and improved mix following strategic inventory initiatives and brand rationalization.
Maintained Full-Year Guidance and Margin Outlook
Company maintained Fiscal 2026 guidance: total sales $1.83B–$1.93B, adjusted EBITDA $65M–$85M, adjusted EPS $0.25–$0.75. Management expects new boat margins to improve ~100 basis points on the year.
Balance Sheet Actions to Improve Leverage
Board-approved plan to sell certain non-core distribution assets (classified as held for sale) with expected proceeds to reduce leverage (management expects leverage near ~4.0x by end of March and under 4.0x by year-end). Liquidity totaled $46 million, including $32 million cash.
ONEW 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
ONEW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 29, 2026 | $13.22 | $12.89 | -2.50% |
Nov 13, 2025 | $15.50 | $13.88 | -10.45% |
Jul 31, 2025 | $14.56 | $15.34 | +5.36% |
May 01, 2025 | $15.01 | $13.73 | -8.53% |
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 OneWater Marine (ONEW) report earnings?
OneWater Marine (ONEW) is schdueled to report earning on Apr 30, 2026, Before Open (Confirmed).
What is OneWater Marine (ONEW) earnings time?
OneWater Marine (ONEW) earnings time is at Apr 30, 2026, Before Open (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 ONEW EPS forecast?
ONEW EPS forecast for the fiscal quarter 2026 (Q2) is 0.11.