Malibu Boats, Inc. announced financial results for Q4 and FY 2025. Net sales increased by 30.4% to $207.0 million for Q4 compared to the previous year. Gross profit increased by 162.1% to $32.7 million. For FY 2025, net sales decreased by 2.6% to $807.6 million. Adjusted EBITDA increased by 580.6% to $19.7 million for Q4.

The challenging year for the marine industry saw Malibu Boats investing in dealer support and refreshing the dealer network. They introduced eleven new models for Model Year 2026. The CFO expects headwinds to persist in 2026 but is confident in outpacing the industry and generating cash flow for future growth.

In Q4, Malibu saw increased unit volumes in the Malibu segment, a favorable model mix, and decreased promotional costs. However, unit volumes decreased in the Cobalt and Saltwater Fishing segments. For the fiscal year, decreased unit volumes in Saltwater Fishing and Cobalt segments offset increased unit volumes in the Malibu segment.

Malibu anticipates flat to slightly decreased net sales for FY 2026, with an Adjusted EBITDA margin ranging from 8% to 9%. The Company will host an Investor Day in September to discuss future strategies and growth plans. Malibu is a leader in the recreational powerboats market, offering a diverse range of boats under different brands.

Read more at GlobeNewswire: Malibu Boats, Inc. Announces Fourth Quarter Fiscal 2025