Malibu Boats, Inc.
Consumer CyclicalNASDAQ:MBUU · NASDAQ Global Market
+$0.74 today
Vol 0.20M · Avg 0.35M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$826.1M of revenue converted into -$905.0K of net income for the selected period. Gross margin is 14.8% and net margin is -0.1%, showing how much revenue survives after costs and taxes. EPS is $-0.06, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $807.6M -2.6% | $829.0M -40.3% | $1.4B +14.3% | $1.2B +31.1% | $926.5M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $663.5M -2.7% | $681.9M -34.2% | $1.0B +14.6% | $904.8M +31.1% | $690.0M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $144.1M -2.0% | $147.1M -58.1% | $351.3M +13.3% | $310.1M +31.1% | $236.5M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 17.8% +0.1pp | 17.7% -7.6pp | 25.3% -0.2pp | 25.5% -0.0pp | 25.5% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $115.5M +16.6% | $99.1M -50.4% | $199.7M +123.7% | $89.3M +12.4% | $79.5M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $122.3M -39.8% | $203.0M -1.7% | $206.5M +114.6% | $96.2M +11.0% | $86.7M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $38.6M +17.0% | $33.0M +14.9% | $28.7M +9.1% | $26.3M +15.0% | $22.9M | $374.2M | $1.2B | $631.8M |
| EBITDA | $60.7M +364.6% | -$23.0M -113.3% | $173.2M -27.6% | $239.2M +30.3% | $183.6M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 7.5% +10.3pp | -2.8% -15.2pp | 12.5% -7.2pp | 19.7% -0.1pp | 19.8% | 5.6% | 46.3% | 42.0% |
| Operating Income | $21.8M +138.9% | -$55.9M -138.6% | $144.8M -32.3% | $213.8M +42.8% | $149.8M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 2.7% +9.4pp | -6.7% -17.2pp | 10.4% -7.2pp | 17.6% +1.4pp | 16.2% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $1.9M +2.2% | $1.8M -37.8% | $3.0M +3.0% | $2.9M +13.7% | $2.5M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$1.5M +18.5% | -$1.8M +44.2% | -$3.3M +14.6% | -$3.9M -154.8% | -$1.5M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $20.3M +135.1% | -$57.8M -140.8% | $141.5M -32.6% | $210.0M +41.6% | $148.3M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 2.5% +9.5pp | -7.0% -17.2pp | 10.2% -7.1pp | 17.3% +1.3pp | 16.0% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $5.0M +474.3% | -$1.3M -104.0% | $33.6M -27.8% | $46.5M +37.0% | $34.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | $14.9M +126.6% | -$55.9M -153.5% | $104.5M -33.7% | $157.6M +43.5% | $109.8M | $4.9B | $4.8B | $4.7B |
| Net Margin | 1.8% +8.6pp | -6.7% -14.3pp | 7.5% -5.4pp | 13.0% +1.1pp | 11.9% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $1 +127.7% | -$3 -153.7% | $5 -32.9% | $8 +43.7% | $5 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $1 +127.7% | -$3 -154.2% | $5 -32.6% | $8 +43.6% | $5 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $19.7M -3.8% | $20.4M -0.3% | $20.5M -1.2% | $20.7M -0.0% | $20.8M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $19.7M -3.6% | $20.4M -1.0% | $20.6M -1.6% | $21.0M -0.1% | $21.0M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Polestar Automotive Holding UK PLC
NASDAQ:PSNY
$1.35B
Arko Corp.
NASDAQ:ARKO
$968.16M
Golden Entertainment, Inc.
GDEN
$753.69M
MarineMax, Inc.
NYSE:HZO
$748.96M
Betterware de México, S.A.P.I. de C.V.
NYSE:BWMX
$671.51M
Legacy Housing Corporation
NASDAQ:LEGH
$594.54M
Cooper-Standard Holdings Inc.
NYSE:CPS
$523.07M
Potbelly Corporation
PBPB
$517.98M
MasterCraft Boat Holdings, Inc.
NASDAQ:MCFT
$378.02M
Marine Products Corporation
MPX
$280.04M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does MBUU generate?
Malibu Boats, Inc. (MBUU) reported $807.56M of revenue in fiscal 2025.
Is MBUU profitable?
Malibu Boats, Inc. (MBUU) reported $14.88M of net income, with a net margin of 1.8%.
Explore More
Continue the stock analysis
Jump to another research area for this company.