GOLF earnings analysis
What we found in GOLF's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
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.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- 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.
- Segment Performance Robust in Titleist
- Titleist golf equipment segment revenue grew by 8.9% year-over-year, driven by higher sales volumes.
- Strong Sales in Golf Gear
- Golf gear segment saw a 10.8% increase in sales due to higher average selling prices.
- 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.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- 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.
- Increased Tariff Costs Impact
- Higher tariff costs adversely affected gross margins, which decreased to 47.2% from 47.9% year-over-year.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $1.36
- Gross margin
- 47.2%
- Operating margin
- 15.9%
- Segment
- Titleist golf equipment
- Segment
- FootJoy golf wear
- Segment
- Golf gear
What they said about what is next.
Full-year 2026 revenue guidance reaffirmed with estimates between $2.625 billion and $2.675 billion.
The filing reads about the same as the one before it.
What came before.
- 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…
- 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. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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