MALIBU BOATS, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $914.6M | $807.6M | $829.0M | $1.39B | $1.21B | $926.5M | $653.2M | $684.0M |
| Cost of Revenue | $768.1M | $663.5M | $681.9M | $1.04B | $904.8M | $690.0M | $503.9M | $517.7M |
| Gross Profit | $146.5M | $144.1M | $147.1M | $351.3M | $310.1M | $236.5M | $149.3M | $166.3M |
| Gross Margin | 16.0% | 17.8% | 17.7% | 25.3% | 25.5% | 25.5% | 22.9% | 24.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $105.1M | $92.5M | $76.3M | $175.7M | $66.4M | $61.9M | $39.9M | $44.3M |
| Operating Income | $3.1M | $21.8M | $-55.9M | $144.8M | $213.8M | $149.8M | $85.3M | $98.1M |
| Operating Margin | 0.3% | 2.7% | -6.7% | 10.4% | 17.6% | 16.2% | 13.1% | 14.3% |
| Interest Expense | — | — | — | — | — | $2.5M | $3.9M | $6.5M |
| Pretax Income | $2.4M | $20.3M | $-57.8M | $141.5M | $210.0M | $148.3M | $83.7M | $91.8M |
| Income Tax Expense | $740.0K | $5.0M | $-1.3M | $33.6M | $46.5M | $34.0M | $19.1M | $22.1M |
| Net Income | $1.7M | $14.9M | $-55.9M | $104.5M | $157.6M | $109.8M | $61.6M | $66.1M |
| Net Margin | 0.2% | 1.8% | -6.7% | 7.5% | 13.0% | 11.9% | 9.4% | 9.7% |
| EPS (Basic) | $0.09 | $0.76 | $-2.74 | $5.10 | $7.60 | $5.29 | $2.98 | $3.17 |
| EPS (Diluted) | $0.09 | $0.76 | $-2.74 | $5.06 | $7.51 | $5.23 | $2.95 | $3.15 |
| Shares Outstanding (Basic) | 19.3M | 19.7M | 20.4M | 20.5M | 20.7M | 20.8M | 20.7M | 20.8M |
| Shares Outstanding (Diluted) | 19.3M | 19.7M | 20.4M | 20.6M | 21.0M | 21.0M | 20.9M | 21.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |