MARINEMAX, INC.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $15.4M | $-2.6M | $-7.9M | $-52.1M | $3.3M | $18.1M | $31.6M | $1.6M |
| Depreciation & Amortization | — | — | $12.6M | — | — | $11.6M | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | $2.6M | — | — | $5.5M | — | — |
| Net Cash from Operating Activities | — | — | $16.9M | — | — | $-146.1M | — | — |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | $8.5M | — | — | $18.3M | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | — | $2.6M | — | — | $-6.5M | — | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | — | — | $-25.2M | — | — | $74.7M | — | — |
| Net Change in Cash | — | — | $-5.7M | — | — | $-79.3M | — | — |
| Free Cash Flow | — | — | $8.3M | — | — | $-164.4M | — | — |
Go for a business that any idiot can run – because sooner or later any idiot probably is going to be running it.