MarineMax Reports Fiscal 2026 Fourth Quarter and Full Year Results
MarineMax reported fiscal Q4 2026 revenue of $520.1 million, down from $552.2 million a year ago, with same-store sales falling 5.7% and a net loss of $13.0 million ($0.59 per share). Offsetting the retail weakness, gross margin expanded 270 basis points to 37.4% and Adjusted EBITDA grew 26% to $21.8 million, helped by growth in marinas, parts, and service. Full-year revenue was $2.2 billion with adjusted diluted EPS of $0.58. The company reiterated its pending acquisition by Safe Harbor at $53.00 per share in cash (~$1.5 billion enterprise value), expected to close by end of calendar 2026.
Key figures
- Revenue
- 2163989000
- Guidance
- No fiscal 2027 guidance provided due to pending acquisition by Safe Harbor
- Revenue Yoy
- -6.3%
- Cash
- 156357000
- Q4 revenue
- 520141000
- Inventories
- 812774000
- Fy gross margin
- 34.9%
- Q4 gross margin
- 37.4%
- Fy adjusted ebitda
- 112586000
- Q4 adjusted ebitda
- 21817000
- Fy same store sales
- -5.5%
- Q4 revenue prior year
- 552153000
- Fy adjusted diluted eps
- 0.58
- Acquisition price per share
- 53
- Acquisition enterprise value
- $1.5 billion
- Q4 gross margin expansion bps
- 270
AI analysis
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