Filing Flows › Acushnet Holdings (GOLF) › Q1 2026
Acushnet Holdings (GOLF) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Acushnet Holdings (GOLF) reported revenue of $753M for the first quarter 2026 (Q1 2026), +7% from a year earlier and +58% from the quarter before. Operating margin was 16.0%, net earnings $81.2M (10.8% of revenue).
Acushnet Holdings, Q1 2026: revenue $753M (+7% year over year), operating margin 16.0%, net earnings $81.2M, operating cash flow −$144M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $753M | +58% | +7% |
| Gross profit | $355M | +69% | +5% |
| Operating profit | $120M | — | +5% |
| Net earnings | $81.2M | — | -18% |
| Operating cash flow | −$144M | — | — |
What changed
Revenue was $753.0M in Q1 2026, up 7% year over year and up 58% from the previous quarter.
Gross margin was 47.2%, down 0.8 points from Q1 2025. Operating profit was $120.1M, a 16.0% margin (down 0.3 points year over year). Of the extra revenue versus Q1 2025, 11% reached operating profit, below the 16% margin then. Operating expenses grew 6% against revenue growth of 7%. Net earnings were $81.4M, down 18% year over year. The effective tax rate was 22.9%.
Operating cash flow was −$143.7M. Non-cash charges added back $12.9M of depreciation and amortization and $8.6M of share-based compensation. Working capital and other items used $246.3M. Capital expenditures of $19.2M exceeded it, leaving free cash flow of −$162.9M.
Questions
What was Acushnet Holdings' revenue in the first quarter 2026?
Acushnet Holdings (GOLF) reported revenue of $753M for the first quarter 2026 (Q1 2026), +7% from a year earlier and +58% from the quarter before.
Was Acushnet Holdings profitable in the first quarter 2026?
Operating profit was $120M (16.0% of revenue) and net earnings $81.2M.
Source: Acushnet Holdings 10-Q on SEC EDGAR.