Filing Flows › Massimo (MAMO) › How it makes money
How Massimo (MAMO) makes money
Massimo (MAMO) made $14.9M of revenue in the second quarter 2026 (Q2 2026), -21% from a year earlier. UTVs,ATVs and e-bikes brought in $13.7M (92%); Pontoon Boats brought in $1.3M (8%). Of every dollar of revenue, 49¢ was left as gross profit, 11¢ was left as operating profit, 10¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| UTVs,ATVs and e-bikes | $13.7M | 91.6% | +11% | -22% |
| Pontoon Boats | $1.3M | 8.4% | +239% | -4% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $14.9M | 100.0% |
| Cost of revenue | $7.6M | 51.2% |
| Gross profit | $7.3M | 48.8% |
| Operating expenses | $5.6M | 37.7% |
| Operating profit | $1.7M | 11.1% |
| Income tax | $280K | 1.9% |
| Net earnings | $1.5M | 9.7% |
| Operating cash flow | $1.3M | 8.8% |
| Free cash flow | $901K | 6.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $14.9M | -21% |
| Q1 2026 | $12.7M | -15% |
| Q4 2025 | $21.0M | +16% |
| Q3 2025 | $17.0M | -34% |
| Q2 2025 | $18.9M | -47% |
| Q1 2025 | $14.9M | -51% |
| Q4 2024 | $18.2M | -54% |
From Massimo's 10-Q filed Aug 13, 2026 (on EDGAR).
Questions
How does Massimo make money?
Massimo (MAMO) made $14.9M of revenue in the second quarter 2026 (Q2 2026), -21% from a year earlier. UTVs,ATVs and e-bikes brought in $13.7M (92%); Pontoon Boats brought in $1.3M (8%). Of every dollar of revenue, 49¢ was left as gross profit, 11¢ was left as operating profit, 10¢ was left as net earnings.
What is Massimo's biggest business?
UTVs,ATVs and e-bikes: $13.7M in the second quarter 2026, 92% of revenue, -22% from a year earlier.
What is Massimo's profit margin?
Net earnings were $1.5M, 9.7% of revenue, in the second quarter 2026; the operating margin was 11.1%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.