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Acushnet Holdings (GOLF) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 4, 2026 · Acushnet Holdings (GOLF) Q3 2026 earnings results →
Q3 2026 Revenue down 1% year over year to $649M · 8¢ of every $1 of revenue kept as net profit · operating margin 12.4%
Acushnet Holdings made $649M in Q3 2026 (-1% Y/Y). Operating margin 12.4%, net earnings $49.2M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 4, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $649.2M in Q3 2026, down 1% year over year and down 21% from the previous quarter.
Gross margin was 49.6%, up 1.1 points from Q3 2025. Operating profit was $80.3M, a 12.4% margin (down 1.8 points year over year). Operating expenses grew 7% against a revenue fall of 1%. The fastest-growing cost line was Other operating costs (+86%). Net earnings were $49.2M, up 1% year over year. The effective tax rate was 25.5%.
Operating cash flow was $211.5M (up 30% year over year), 421% of net earnings. Non-cash charges added back $15.9M of depreciation and amortization and $7.9M of share-based compensation. Working capital and other items added $137.5M. Capital expenditures of $20.1M left free cash flow of $191.4M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 4, 2026 | $649M | -1% | 12.4% | $49.2M | $211M |
| Q2 2026 | 10-Q | Aug 6, 2026 | $820M | +14% | 21.5% | $125M | $251M |
| Q1 2026 | 10-Q | May 6, 2026 | $753M | +7% | 16.0% | $81.2M | −$144M |
| Q4 2025 | 10-K | Feb 27, 2026 | $477M | +7% | -3.8% | −$35.0M | −$338K |
| Q3 2025 | 10-Q | Nov 5, 2025 | $658M | +6% | 14.1% | $48.5M | $163M |
| Q2 2025 | 10-Q | Aug 7, 2025 | $720M | +5% | 15.2% | $75.6M | $152M |
| Q1 2025 | 10-Q | May 7, 2025 | $703M | -0.6% | 16.3% | $99.4M | −$120M |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Acushnet Holdings
We are the global leader in the design, development, manufacture and distribution of performance‑driven golf products, and these products are widely recognized for their quality excellence. Our mission—to be the performance and quality leader in every golf product category in which we compete—has remained consistent since we entered the golf ball business in 1932. Today, we are the steward of two of the most revered brands in golf—Titleist, one of golf’s leading performance equipment brands, and FootJoy, one of golf’s leading performance wearable brands. Titleist has been the #1 ball in professional golf for over 75 years and FootJoy has been the #1 shoe on the PGA Tour for eight decades.
In its own words, from its 10-K, filed Feb 27, 2026.
Acushnet Holdings against its Sporting & Athletic Goods, NEC peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -1% against the peers' median +2%. Operating margin: 12.4% against the peers' median 10.2%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| GOLF Acushnet Holdings | Q3 2026 | $649M | -1% | 12.4% |
| PTON Peloton Interactive | Q1 FY27 | $559M | +2% | 20.8% |
| YETI Yeti Holdings | Q2 2026 | $484M | +8% | 19.3% |
| CALY Callaway Golf | Q3 2026 | $437M | -6% | 10.2% |
| JOUT Johnson Outdoors | Q3 FY26 | $190M | +5% | 9.7% |
| SBDS Solo Brands | Q2 2026 | $88.5M | -4% | 4.0% |
| CLAR Clarus | Q3 2026 | $71.2M | +3% | 4.7% |
| ESCA Escalade | Q3 2026 | $65.6M | -3% | 13.2% |
| AOUT American Outdoor Brands | Q1 FY27 | $37.3M | +25% | -5.7% |
Source: Acushnet Holdings 10-Q on SEC EDGAR · CIK 1672013 · Sporting & Athletic Goods, NEC
Guidance and outlook
13F: who owns GOLF and who is buying
More on GOLF
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- Acushnet Holdings stock forecast, price target and fair value
- Who owns Acushnet Holdings stock: holders, funds and Congress trades
- Acushnet Holdings guidance and outlook
- Is Acushnet Holdings a takeover target? LBO and rumors
- Acushnet Holdings recalls, complaints and regulation
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results
- Acushnet Holdings guidance history: guided vs reported
- Acushnet Holdings gross margin by quarter
- Acushnet Holdings operating margin by quarter
- Acushnet Holdings net income by quarter
- Acushnet Holdings free cash flow by quarter
- Acushnet Holdings R&D spending by quarter
- Acushnet Holdings capital expenditures by quarter