Q3 26 EPS
$0.45
BEAT +27.01%
Est. $0.35
Q3 26 Revenue
$78.2M
BEAT +3.70%
Est. $75.4M
vs S&P Since Q3 26
-3.2%
TRAILING MARKET
MCFT -0.4% vs S&P +2.8%
Market Reaction
Did MCFT Beat Earnings? Q3 2026 Results
MasterCraft Boat Holdings delivered a convincing fiscal third-quarter beat, with adjusted earnings per share of $0.45 clearing the $0.35 consensus estimate by 27.01%, marking the company's fourth consecutive quarter of beating EPS expectations. Reven… Read more MasterCraft Boat Holdings delivered a convincing fiscal third-quarter beat, with adjusted earnings per share of $0.45 clearing the $0.35 consensus estimate by 27.01%, marking the company's fourth consecutive quarter of beating EPS expectations. Revenue of $78.21 million topped the $75.42 million consensus by 3.70% and rose 3.0% year over year, a notable result given that total unit volumes slipped 7.8% to 571 boats. The key driver was a favorable product mix shift alongside higher options attachment, increased pricing, and reduced dealer incentives, which collectively pushed gross margin 420 basis points higher to 25.0%. Adjusted EBITDA climbed to $10.72 million, representing a 13.7% margin compared to 9.9% a year ago. The quarter was complicated on a GAAP basis by $8.43 million in one-time costs tied to the pending merger with Marine Products Corporation, which is headed to a shareholder vote in May. Management narrowed full-year fiscal 2026 guidance to $312 million in net sales, $40 million in adjusted EBITDA, and adjusted EPS of $1.65, excluding any contribution from the proposed combination.
Key Takeaways
- • Favorable model mix and increased options sales drove revenue growth despite lower unit volumes
- • Increased pricing and decreased dealer incentives contributed to net sales growth
- • Gross margin expanded 420 basis points to 25.0% through effective cost controls
- • Net sales per unit increased 11.4% consolidated (7.2% MasterCraft, 18.3% Pontoon)
- • Disciplined dealer pipeline management with stabilized inventories
MCFT Forward Guidance & Outlook
For full-year fiscal 2026, the company now expects consolidated net sales of $312 million, Adjusted EBITDA of $40 million, Adjusted Earnings per share of $1.65, and capital expenditures of approximately $8 million. The outlook excludes the pending combination with Marine Products Corporation. Management expressed confidence in navigating the current macroeconomic environment through a disciplined, variable operating model and premium product portfolio.
MCFT YoY Financials
Q3 2026 vs Q3 2025, source: SEC Filings
MCFT Revenue by Segment
With YoY comparisons, source: SEC Filings
“We delivered results that outperformed our expectations during the third quarter, driven by disciplined execution across our business and continued new product momentum. In a market that's evolving week to week, we've remained focused on our core strengths—delivering operational efficiencies, aligning production with demand, and differentiated innovation that resonates with customers and dealers.”
— Brad Nelson, Q3 2026 Earnings Press Release
MCFT Earnings Trends
MCFT vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
MCFT EPS Trend
Earnings per share: estimate vs actual
MCFT Revenue Trend
Quarterly revenue: estimate vs actual
MCFT Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q3 26 BEAT | $0.35 | $0.45 | +27.01% | $78.2M | +3.70% |
| Q2 26 BEAT | $0.16 | $0.29 | +76.51% | $71.8M | +3.76% |
| Q1 26 BEAT | $0.16 | $0.28 | +77.22% | $69.0M | +2.95% |
| Q4 25 BEAT FY | $0.18 | $0.40 | +122.22% | $79.5M | +12.87% |
| FY Full Year | $0.70 | $0.92 | +30.68% | $284.2M | +3.34% |
| Q3 25 BEAT | $0.18 | $0.30 | +70.45% | $76.0M | +1.48% |