Craig Kennison

Jaime Katz

Noah Zatzkin

Eric Wold

Joseph Altobello

Frederick Wightman

Michael Albanese

Michael Swartz

Brandon Rollé

Griffin Bryan

Martin Mitela

Ryan Williams

- Malibu Boats reported **Q4 2025 net sales increased 30.4% to $207,000,000** and **adjusted net income per share increased 205% to $0.42**, while full fiscal year 2025 net sales decreased 2.6% to $807,600,000.  **[1590976_tx_339093_3]** 
- For fiscal year 2025, the company generated **$28,900,000 in free cash flow** and returned **$35,900,000 to shareholders through share repurchases**.  **[1590976_tx_339093_1]** **[1590976_tx_339093_4]** 
- The company anticipates fiscal year 2026 net sales to be **flat to down mid-single digit percentage points** and consolidated adjusted EBITDA margins to range from **8% to 9%**, with the overall market expected to decline mid to high single digits.  **[1590976_tx_339093_4]** 
- Fiscal year 2025 was challenging due to a difficult retail environment, with Q4 being the weakest quarter for the broader market, and dealer inventory levels modestly higher by **one to two weeks** at year-end.  **[1590976_tx_339093_1]** **[1590976_tx_339093_4]** **[1590976_tx_339093_5]** 
- Malibu Boats plans to introduce **11 new model year '26 boats** and expects tariffs to have a modest direct impact of **1.5% to 3% on cost of sales** in fiscal year 2026.  **[1590976_tx_339093_1]** **[1590976_tx_339093_2]**

Malibu Boats Announces Q4 and Full Fiscal Year 2025 Results, Provides FY26 Guidance

MALIBU BOATS (MBUU)