10-K · February 27, 2026
Acushnet reported full-year 2025 net sales of $2,558.7 million, net income attributable of $188.5 million and Adjusted EBITDA of $410.4 million, driven by Titleist (62% of net sales) and strong product leadership…
Earnings analysis · 10-Q
GOLF earnings analysis
Filed May 6, 2026 · Our reading of the company's report
The latest report
Acushnet's Q1 2026 results show a revenue growth to $753 million, exceeding estimates and reflecting a 7.1% year-over-year increase. EPS reported at $1.36 fell short of the consensus of $1.45, representing an annual…
Read full summary
Acushnet's Q1 2026 results show a revenue growth to $753 million, exceeding estimates and reflecting a 7.1% year-over-year increase. EPS reported at $1.36 fell short of the consensus of $1.45, representing an annual decline in net income, primarily attributed to prior year gains. Management maintains a bullish outlook for 2026, reaffirming revenue and EBITDA guidance.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $1.36
- Segment
- Titleist golf equipment
- Segment
- FootJoy golf wear
- Segment
- Golf gear
What stood out
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Revenue Growth Exceeds Estimates
Q1 2026 revenue increased by 7.1% to $753 million, surpassing estimates of $721.99 million.
-
EPS Declined Year-Over-Year
Reported diluted EPS was $1.36, a decline from $1.62 in Q1 2025.
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Segment Performance Robust in Titleist
Titleist golf equipment segment revenue grew by 8.9% year-over-year, driven by higher sales volumes.
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Strong Sales in Golf Gear
Golf gear segment saw a 10.8% increase in sales due to higher average selling prices.
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Positive Cash Flow from Financing Activities
Cash from financing activities totaled $164.9 million, up from $118.1 million in the previous year.
-
Reaffirmed Full-Year Guidance
Management expects to achieve revenue between $2.625 billion and $2.675 billion for the full year.
What to watch
-
Net Income Decline
Net income fell to $81.4 million from $99.4 million year-over-year, an 18.1% decrease.
-
FootJoy Segment Underperformance
FootJoy segment sales grew only 1.7%, with a 14.3% drop in operating income due to higher costs.
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Increased Tariff Costs Impact
Higher tariff costs adversely affected gross margins, which decreased to 47.2% from 47.9% year-over-year.
Management's outlook
Full-year 2026 revenue guidance reaffirmed with estimates between $2.625 billion and $2.675 billion.
Earlier filings 4
10-Q · November 7, 2024
Acushnet reported quarterly net sales of $620,501,000 and diluted EPS of $0.89 for the three months ended September 30, 2024. Revenue and gross profit rose year-over-year (net sales $620,501 vs $593,381; gross profit…
10-K · February 29, 2024
Acushnet reports net sales of $2,382.0 million, net income attributable of $198.4 million and Adjusted EBITDA of $376.1 million for the year ended December 31, 2023. The company emphasizes its durable competitive…
10-Q · November 2, 2023
Acushnet (GOLF) reported Q3 net sales of $593,381 and diluted EPS of $0.85, beating estimates. Revenue rose versus Q3 2022 ($558,246) and EPS improved from $0.72, while gross and operating margins were roughly…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.