Filing Flows › Malibu Boats (MBUU) › Q3 FY26
Malibu Boats (MBUU) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 7, 2026
Malibu Boats (MBUU) reported revenue of $236M for the third quarter fiscal 2026 (Q3 FY26), +3% from a year earlier and +25% from the quarter before. Operating margin was -0.8%, net loss $2.4M (1.0% of revenue).
Malibu Boats, Q3 FY26: revenue $236M (+3% year over year), operating margin -0.8%, net loss $2.4M, operating cash flow $21.4M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $236M | +25% | +3% |
| Operating profit | −$1.9M | — | -111% |
| Net earnings | −$2.4M | — | -119% |
| Operating cash flow | $21.4M | +69% | +38% |
| Free cash flow | $16.0M | — | — |
What changed
Revenue was $235.7M in Q3 FY26, up 3% year over year and up 25% from the previous quarter. Malibu was the largest line at 34% of revenue. Cobalt added $3.9M year over year (up 7%), 55% of the total change. Malibu declined 21%.
Gross margin was 17.5%, down 2.5 points from Q3 FY25. Operating costs exceeded revenue by $1.9M, an operating margin of -0.8%. Operating expenses grew 52% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+84%). The quarter ended with a net loss of $2.4M, narrower than the previous quarter's $2.5M loss.
Operating cash flow was $21.4M (up 38% year over year). Non-cash charges added back $11.2M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items added $11.2M. After capital expenditures, net ($5.4M), free cash flow as the company reports it was $16.0M.
Questions
What was Malibu Boats' revenue in the third quarter fiscal 2026?
Malibu Boats (MBUU) reported revenue of $236M for the third quarter fiscal 2026 (Q3 FY26), +3% from a year earlier and +25% from the quarter before.
Was Malibu Boats profitable in the third quarter fiscal 2026?
Operating loss was $1.9M (-0.8% of revenue) and net loss $2.4M.
Source: Malibu Boats 10-Q on SEC EDGAR.