Filing Flows › Marinemax (HZO) › Q4 FY25
Marinemax (HZO) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Nov 17, 2025
Marinemax (HZO) reported revenue of $552M for the fourth quarter fiscal 2025 (Q4 FY25), -2% from a year earlier and -16% from the quarter before. Operating margin was 2.5%, net loss $82K (0.0% of revenue).
Marinemax, Q4 FY25: revenue $552M (-2% year over year), operating margin 2.5%, net loss $82K, operating cash flow $61.5M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $552M | -16% | -2% |
| Operating profit | $13.8M | — | -48% |
| Net earnings | −$82K | — | -102% |
| Operating cash flow | $61.5M | -28% | — |
| Free cash flow | $48.0M | -30% | — |
What changed
Revenue was $552.2M in Q4 FY25, down 2% year over year and down 16% from the previous quarter.
Gross margin was 34.7%, up 0.4 points from Q4 FY24. Operating profit was $13.8M, a 2.5% margin (down 2.3 points year over year). Operating expenses grew 7% against a revenue fall of 2%. The quarter ended with a net loss of $82K, narrower than the previous quarter's $52.0M loss. Net interest and other expense of $17.3M was the main reason.
Operating cash flow was $61.5M. Non-cash charges added back $12.9M of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items added $45.7M. Capital expenditures of $13.4M left free cash flow of $48.0M.
Questions
What was Marinemax's revenue in the fourth quarter fiscal 2025?
Marinemax (HZO) reported revenue of $552M for the fourth quarter fiscal 2025 (Q4 FY25), -2% from a year earlier and -16% from the quarter before.
Was Marinemax profitable in the fourth quarter fiscal 2025?
Operating profit was $13.8M (2.5% of revenue) and net loss $82K.
Source: Marinemax 10-K on SEC EDGAR.