MarineMax FY26 Q3 swings to net income of $15.4 million; revenue falls 7% to $611.3 million

Reuters2026/07/23 10:47

By:Reuters

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MarineMax posted fiscal 2026 third-quarter net income of USD 15.4 million, or USD 0.66 per diluted share, swinging from a loss.
Revenue fell 7% to USD 611.3 million as same-store sales dropped 7% amid continued softness in marine retail demand.
Gross margin widened 5.3 percentage points to 35.7%, helped by improved boat margins and growth in higher-margin businesses; results also included a tariff refund benefit.
Adjusted EBITDA rose to USD 51.3 million from USD 35.5 million.
Refinanced USD 1.49 billion senior secured credit facilities, extending maturities to 2031 and lowering borrowing costs; guidance maintained for adjusted EBITDA of USD 110 million-USD 125 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marinemax Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260722016202) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MarineMax FY26 Q3 swings to net income of $15.4 million; revenue falls 7% to $611.3 million

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