MasterCraft Boat Holdings

MasterCraft Boat Holdings (MCFT) Q1 2026 Earnings

Reported Nov 6, 2025 at 7:39 AM ET · SEC Source

Q1 26 EPS

$0.28

BEAT +77.22%

Est. $0.16

Q1 26 Revenue

$69.0M

BEAT +2.95%

Est. $67.0M

vs S&P Since Q1 26

+5.8%

BEATING MARKET

MCFT +17.8% vs S&P +12.0%

Market Reaction

Did MCFT Beat Earnings? Q1 2026 Results

MasterCraft Boat Holdings delivered a standout fiscal Q1 2026, posting adjusted EPS of $0.28 per diluted share against a consensus estimate of $0.16, a beat of 77.22% that more than doubled the $0.12 earned in the year-ago quarter. Net sales climbed … Read more MasterCraft Boat Holdings delivered a standout fiscal Q1 2026, posting adjusted EPS of $0.28 per diluted share against a consensus estimate of $0.16, a beat of 77.22% that more than doubled the $0.12 earned in the year-ago quarter. Net sales climbed 5.6% year-over-year to $69.00 million, edging past the $67.03 million consensus by 2.95%, fueled by higher pricing, increased unit volumes, and favorable option sales, even as dealers completed their inventory normalization. Gross margin expanded 420 basis points to 22.3%, with disciplined cost controls amplifying the top-line momentum and lifting adjusted EBITDA to $6.71 million from $3.84 million a year earlier. The MasterCraft boat segment contributed $58.15 million in net sales while the Pontoon segment added $10.86 million, up 10.5%. Encouraged by the operational progress, management raised the earnings range of its full-year fiscal 2026 guidance, now targeting net sales of $295.00 million to $310.00 million and adjusted EPS of $1.18 to $1.43, signaling cautious but improving confidence heading into the remainder of the year.

Key Takeaways

  • Increased prices and higher unit volumes
  • Favorable option sales
  • Decreased dealer incentives
  • Effective cost controls
  • Gross margin expanded 420 basis points year-over-year to 22.3%
  • Adjusted EBITDA margin improved to 9.7% from 5.9%
24/7 Wall St

MCFT YoY Financials

Q1 2026 vs Q1 2025, source: SEC Filings

24/7 Wall St

MCFT Revenue by Segment

With YoY comparisons, source: SEC Filings

Q3 25 Q3 26

“We delivered results that exceeded our expectations despite continued macroeconomic uncertainty and a dynamic retail environment. Our team continues to execute our key operating initiatives and maintain disciplined cost controls, which contributed to our performance in the quarter. Dealer inventories across our brands have returned to normal levels, supported by disciplined production planning and proactive pipeline management. We remain encouraged by the positive energy and sentiment from our recent dealer meetings, bolstered by the fresh launch of our new MasterCraft X24 model, the first unveiling within our new X-family line of boats. Excitement and momentum around our brands is surging as we usher in the next generation of premium products.”

— Brad Nelson, Q1 2026 Earnings Press Release