Filing Flows › Acushnet Holdings (GOLF) › Q3 2026 › vs Q3 2025
Acushnet Holdings (GOLF) Q3 2026 vs Q3 2025 (year over year)
Acushnet Holdings's revenue fell $8.4M (-1%) from $658M in Q3 2025 to $649M in Q3 2026. Gross margin 49.6% against 48.5% (+1.1 pts).
Acushnet Holdings, Q3 2026: revenue $649M (-1% year over year), operating margin 12.4%, net earnings $49.2M, operating cash flow $211M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 49.6% | 48.5% | +1.1 pts |
| Operating margin | 12.4% | 14.1% | -1.8 pts |
| Net margin | 7.6% | 7.4% | +0.2 pts |
| Free cash flow margin | 29.5% | 20.8% | +8.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $649M | $658M | −$8.4M | -1% |
| Gross profit | $322M | $319M | $2.9M | +0.9% |
| Cost of revenue | $327M | $339M | −$11.3M | -3% |
| Operating profit | $80.3M | $92.9M | −$12.6M | -14% |
| Operating expenses | $242M | $226M | $15.5M | +7% |
| Pre-tax earnings | $67.4M | $76.7M | −$9.3M | -12% |
| Other expense, net | $13.0M | $16.3M | −$3.3M | -20% |
| Research & development | $19.4M | $18.6M | $822K | +4% |
| SG&A | $217M | $205M | $12.3M | +6% |
| Other operating costs | $4.9M | $2.7M | $2.3M | +86% |
| Net earnings | $49.2M | $48.5M | $675K | +1% |
| Minority interests | $990K | −$480K | $1.5M | — |
| Income tax | $17.2M | $28.6M | −$11.4M | -40% |
| Depreciation & amortization | $15.9M | $13.0M | $2.9M | +23% |
| Share-based compensation | $7.9M | $8.5M | −$567K | -7% |
| Working capital & other | $138M | $93.1M | $45.3M | +49% |
| Operating cash flow | $211M | $163M | $48.4M | +30% |
| Free cash flow (OCF − capex) | $191M | $137M | $54.5M | +40% |
| Capital expenditures | $20.1M | $26.2M | −$6.1M | -23% |
Questions
How much did Acushnet Holdings's revenue grow year over year in Q3 2026?
Acushnet Holdings's revenue fell $8.4M (-1%) from $658M in Q3 2025 to $649M in Q3 2026. Gross margin 49.6% against 48.5% (+1.1 pts).