MasterCraft Boat Holdings Inc
Q4 2026 Earnings
GAAP loss of $(0.35) per diluted share includes $10.1 million non-cash Leisure segment intangible asset impairment, $5.9 million Marine Products Transaction costs, $3.3 million acquisition intangible amortization, $2.6 million inventory step-up charge, and $0.2 million ERP implementation costs
Market Reaction
Did MCFT Beat Earnings? Q4 2026 Results
MasterCraft Boat Holdings delivered a strong beat to close fiscal 2026, posting adjusted EPS of $0.67 against a $0.60 consensus estimate for a 10.74% beat, marking the fifth consecutive quarter the company has topped EPS expectations. Revenue of $129.94 million cleared the $119.25 million consensus by 8.96% and surged 63.4% year-over-year, with the transformative May 2026 merger with Marine Products Corporation serving as the single largest driver, contributing $33.30 million in incremental Q4 net sales and adding the Chaparral and Robalo brands to the portfolio. Organic momentum was equally compelling, with the Performance and Wake segment generating $84.53 million in Q4 net sales, up 28.3%, as the next-generation X-Series rollout drove favorable premium mix. On a GAAP basis, the quarter produced a loss of $0.35 per diluted share, weighed down by a $10.10 million non-cash intangible impairment and $5.90 million in transaction costs tied to the merger. Looking ahead, the company simultaneously announced a fiscal year-end shift to December 31 and guided its six-month transition period for net sales of $287 to $291 million and adjusted EPS of $0.66 to $0.76, reflecting institutional confidence that has driven ownership to nearly 98% of shares outstanding.
- Strong retail performance and favorable premium mix from next-generation X-Series products
- Increased unit volumes and pricing
- Decreased dealer incentives
- Effective cost controls in Performance and Wake and Leisure segments
- Marine Products Transaction adding $33.3 million in incremental Q4 net sales
“Fiscal 2026 was a defining year for MasterCraft Boat Holdings. Strong execution across our legacy business drove results to significantly outperform expectations despite a challenging retail environment. We grew net sales, expanded Adjusted EBITDA nearly 80%, and completed the transformational combination with Chaparral and Robalo.”
MasterCraft Boat Holdings CEO, on the earnings call
Forward Guidance & Outlook
The company announced a fiscal year-end change from June 30 to December 31, effective July 1, 2026, and provided guidance for the six-month Transition Period (July 1 – December 31, 2026): consolidated net sales of $287–$291 million, Adjusted EBITDA of $29–$32 million, Adjusted EPS of $0.66–$0.76, and capital expenditures of approximately $9 million. For the first quarter of the Transition Period, consolidated net sales are expected to be approximately $147 million, Adjusted EBITDA of approximately $16 million, and Adjusted EPS of approximately $0.40.
MCFT YoY Financials
MCFT Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.