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MARINEMAX (HZO)

Earnings summaries and quarterly performance for MARINEMAX.

Recent press releases and 8-K filings for HZO.

MarineMax Reports Q4 and Full Year 2025 Results and Provides Fiscal 2026 Guidance
HZO
Earnings
Guidance Update
Demand Weakening
  • MarineMax (HZO) reported Q4 2025 revenue of over $552 million with same-store sales growth of more than 2% and a gross margin of 34.7%, resulting in a net loss of just under $1 million or $0.04 per share.
  • For Fiscal Year 2025, total revenue was $2.31 billion, reflecting a 5% decline year-over-year, with adjusted earnings per diluted share of $0.61 and adjusted EBITDA of about $110 million.
  • The company issued Fiscal 2026 guidance, projecting adjusted EBITDA between $110 million-$125 million and adjusted net income per diluted share from $0.40-$0.95. Same-store sales growth is anticipated to be flattish to slight growth, with annual consolidated gross margins in the low 30%.
  • Despite a challenging industry environment marked by elevated interest rates and inflation, the company's diversified business model and strategic focus on higher-margin segments supported gross margin expansion. Management also noted a stronger Fort Lauderdale International Boat Show with post-COVID record sales.
Nov 13, 2025, 3:00 PM
MarineMax Reports Q4 and FY 2025 Results, Provides FY 2026 Guidance
HZO
Earnings
Guidance Update
M&A
  • MarineMax reported Q4 2025 revenue of $552.2 million, a 1.9% decrease year-over-year, and full-year 2025 revenue of $2.31 billion, down from $2.43 billion in FY 2024. GAAP diluted EPS for Q4 2025 was $(0.04) and for FY 2025 was $(1.43), compared to $0.17 and $1.65 in the respective prior periods.
  • For fiscal year 2026, the company projects Adjusted EBITDA in the range of $110 million to $125 million and Adjusted EPS between $0.40 and $0.95 per diluted share.
  • The company's strategic expansion into higher-margin businesses, supported by over 20 acquisitions since 2019 contributing more than $700 million in combined revenue, has increased non-boat sales from 15.0% to 26.2% of total revenue and improved consolidated gross margin from 26.1% to 32.5% between FY19 and FY25.
  • As of September 30, 2025, inventory decreased to $867.3 million from $906.6 million in the prior year, with the current ratio remaining stable at 1.20.
Nov 13, 2025, 3:00 PM
MarineMax Reports Fiscal 2025 Fourth Quarter and Full Year Results
HZO
Earnings
Guidance Update
Demand Weakening
  • MarineMax reported fiscal 2025 full-year revenue of $2.3 billion, with a net loss of $31.6 million and adjusted earnings per share of $0.61.
  • For the fourth quarter of fiscal 2025, revenue was $552.2 million, with a net loss of $0.9 million and same-store sales growth of 2.3%; gross margins expanded to 34.7% due to contributions from higher-margin businesses.
  • The company provided fiscal 2026 guidance, projecting Adjusted EBITDA between $110 million and $125 million and adjusted net income per diluted share between $0.40 and $0.95, reflecting a prudent approach given macroeconomic uncertainty.
Nov 13, 2025, 11:45 AM