Filing Flows › Malibu Boats (MBUU) › Q1 FY27 › vs Q1 FY26
Malibu Boats (MBUU) Q1 FY27 vs Q1 FY26 (year over year)
Malibu Boats's revenue rose $58.2M (+30%) from $195M in Q1 FY26 to $253M in Q1 FY27. The biggest changes: Cobalt +$9.8M (+19%); Malibu −$7.2M (-9%); Saltwater Fishing +$4.5M (+7%). Gross margin 15.0% against 14.3% (+0.6 pts).
Malibu Boats, Q1 FY27: revenue $253M (+30% year over year), operating margin 5.2%, net earnings $6.1M, operating cash flow −$31.1M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 15.0% | 14.3% | +0.6 pts |
| Operating margin | 5.2% | -0.4% | +5.6 pts |
| Net margin | 2.4% | -0.4% | +2.8 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Malibu | $71.5M | $78.6M | −$7.2M | -9% |
| Saltwater Fishing | $68.9M | $64.3M | $4.5M | +7% |
| Cobalt | $61.5M | $51.8M | $9.8M | +19% |
| Revenue | $253M | $195M | $58.2M | +30% |
| Gross profit | $37.8M | $27.9M | $9.9M | +35% |
| Cost of revenue | $215M | $167M | $48.3M | +29% |
| Operating profit | $13.2M | −$842K | $14.0M | — |
| Operating expenses | $24.7M | $28.8M | −$4.1M | -14% |
| Pre-tax earnings | $8.3M | −$399K | $8.7M | — |
| Other expense, net | $4.8M | −$443K | $5.3M | — |
| Sales & marketing | $8.3M | $6.3M | $2.0M | +32% |
| General & admin | $11.6M | $20.8M | −$9.1M | -44% |
| Other operating costs | $4.7M | $1.7M | $3.0M | +175% |
| Net earnings | $6.1M | −$710K | $6.8M | — |
| Income tax | $2.2M | $311K | $1.9M | +610% |
| Operating cash sources | $51.5M | $4.2M | $47.3M | 12× |
| Depreciation & amortization | $12.9M | $9.9M | $3.1M | +31% |
| Share-based compensation | $1.3M | $1.6M | −$247K | -16% |
| Cash used in operations | $31.1M | −$6.5M | $37.6M | — |
| Working capital & other | $51.5M | $4.2M | $47.3M | 12× |
Questions
How much did Malibu Boats's revenue grow year over year in Q1 FY27?
Malibu Boats's revenue rose $58.2M (+30%) from $195M in Q1 FY26 to $253M in Q1 FY27.
What drove Malibu Boats's revenue change in Q1 FY27?
Cobalt +$9.8M (+19%); Malibu −$7.2M (-9%); Saltwater Fishing +$4.5M (+7%).