Filing Flows › Massimo (MAMO) › Q2 2026 › vs Q2 2025
Massimo (MAMO) Q2 2026 vs Q2 2025 (year over year)
Massimo's revenue fell $4.0M (-21%) from $18.9M in Q2 2025 to $14.9M in Q2 2026. The biggest changes: UTVs,ATVs and e-bikes −$3.9M (-22%); Pontoon Boats −$56K (-4%). Gross margin 48.8% against 36.3% (+12.5 pts).
Massimo, Q2 2026: revenue $14.9M (-21% year over year), operating margin 11.1%, net earnings $1.5M, operating cash flow $1.3M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 48.8% | 36.3% | +12.5 pts |
| Operating margin | 11.1% | 0.8% | +10.4 pts |
| Net margin | 9.7% | 0.4% | +9.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| UTVs,ATVs and e-bikes | $13.7M | $17.6M | −$3.9M | -22% |
| Pontoon Boats | $1.3M | $1.3M | −$56K | -4% |
| Revenue | $14.9M | $18.9M | −$4.0M | -21% |
| Gross profit | $7.3M | $6.9M | $416K | +6% |
| Cost of revenue | $7.6M | $12.0M | −$4.4M | -37% |
| Other income, net | $71K | −$37K | $108K | — |
| Operating profit | $1.7M | $142K | $1.5M | 12× |
| Operating expenses | $5.6M | $6.7M | −$1.1M | -16% |
| Pre-tax earnings | $1.7M | $105K | $1.6M | 17× |
| Research & development | $289K | $145K | $145K | +100% |
| Sales & marketing | $1.7M | $2.2M | −$450K | -21% |
| General & admin | $3.6M | $4.4M | −$798K | -18% |
| Net earnings | $1.5M | $78K | $1.4M | 19× |
| Income tax | $280K | $27K | $253K | +927% |
| Depreciation | $66K | $34K | $33K | +98% |
| Working capital & other | $211K | $1.6M | −$1.4M | -87% |
| Operating cash flow | $1.3M | −$1.4M | $2.7M | — |
Questions
How much did Massimo's revenue grow year over year in Q2 2026?
Massimo's revenue fell $4.0M (-21%) from $18.9M in Q2 2025 to $14.9M in Q2 2026.
What drove Massimo's revenue change in Q2 2026?
UTVs,ATVs and e-bikes −$3.9M (-22%); Pontoon Boats −$56K (-4%).