Filing Flows

Filing Flows › Malibu Boats (MBUU) › How it makes money

How Malibu Boats (MBUU) makes money

Malibu Boats (MBUU) made $253M of revenue in the first quarter fiscal 2027 (Q1 FY27), +30% from a year earlier. Malibu brought in $71.5M (28%); Saltwater Fishing brought in $68.9M (27%); Cobalt brought in $61.5M (24%). Of every dollar of revenue, 15¢ was left as gross profit, 5¢ was left as operating profit, 2¢ was left as net earnings.

Drawing the Sankey…

Malibu Boats revenue by segment, Q1 FY27Malibu Boats revenue by segment, Q1 FY27Malibu$71.5MSaltwater Fishing$68.9MCobalt$61.5MSaxdor$51.1M
Malibu Boats: revenue by line, Q3 FY25 to Q1 FY27Malibu Boats: revenue by line, Q3 FY25 to Q1 FY27MalibuSaltwater FishingCobaltSaxdorMalibu: $71.5M latest$71.5MSaltwater Fishing: $68.9M latest$68.9MCobalt: $61.5M latest$61.5MSaxdor: $51.1M latest$51.1MQ3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Malibu went from 45% of revenue in Q3 FY25 to 28% in Q1 FY27, the largest shift in the mix.
Malibu Boats revenue by quarterMalibu Boats revenue by quarter$229MQ3 FY25$207MQ4 FY25$195MQ1 FY26$189MQ2 FY26$236MQ3 FY26$296MQ4 FY26$253MQ1 FY27
Malibu Boats: where each dollar of revenue goesMalibu Boats: where each dollar of revenue goesCost of revenue85¢Gross profit15¢Operating expenses10¢Operating profit5¢Income tax1¢Net earnings2¢

Revenue by segment, Q1 FY27

SegmentRevenueShareQ/QY/Y
Malibu$71.5M28.3%-14%-9%
Saltwater Fishing$68.9M27.2%-15%+7%
Cobalt$61.5M24.3%-13%+19%
Saxdor$51.1M20.2%-16%—

Where each dollar of revenue goes

LineQ1 FY27% of revenue
Revenue$253M100.0%
Cost of revenue$215M85.0%
Gross profit$37.8M15.0%
Operating expenses$24.7M9.8%
Operating profit$13.2M5.2%
Income tax$2.2M0.9%
Net earnings$6.1M2.4%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q1 FY27$253M+30%
Q4 FY26$296M+43%
Q3 FY26$236M+3%
Q2 FY26$189M-6%
Q1 FY26$195M+14%
Q4 FY25$207M+30%
Q3 FY25$229M+12%

From Malibu Boats' 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Malibu Boats make money?

Malibu Boats (MBUU) made $253M of revenue in the first quarter fiscal 2027 (Q1 FY27), +30% from a year earlier. Malibu brought in $71.5M (28%); Saltwater Fishing brought in $68.9M (27%); Cobalt brought in $61.5M (24%). Of every dollar of revenue, 15¢ was left as gross profit, 5¢ was left as operating profit, 2¢ was left as net earnings.

What is Malibu Boats' biggest business?

Malibu: $71.5M in the first quarter fiscal 2027, 28% of revenue, -9% from a year earlier.

What is Malibu Boats' profit margin?

Net earnings were $6.1M, 2.4% of revenue, in the first quarter fiscal 2027; the operating margin was 5.2%.

Open the interactive view →

Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.