---
schema_version: "secwatch.filing_event.v1"
accession: "0000837465-26-000021"
form_type: "8-K"
ticker: "CALY"
cik: "0000837465"
company_name: "Callaway Golf Co"
filed_at: "2026-08-04T20:18:34+00:00"
generated_at: "2026-08-04T20:20:26.387022+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Callaway Q2 beats; raises FY 2026 guidance; net cash position after debt repayment

## Summary
- Q2 net sales $612.2M (+2% YoY); GAAP net income $75.8M (+67%); Adjusted EBITDA $124.9M (+36%).
- Raises FY 2026 guidance: net sales $2.045-2.070B, Adjusted EBITDA $246-260M (prev. $211-233M).
- Repaid $258M convertible notes and $163M term loan B; net cash position of $204M ($278M cash minus $74M debt).
- Repurchased $84M of shares YTD; $120M remaining under buyback program.
- Tariff update: new Section 301 tariffs 10-12.5% vs assumed 20%, net improvement of ~$7M; full-year tariff expense ~$43M.

## SEC filing metadata
- accession: 0000837465-26-000021
- form_type: 8-K
- ticker: CALY
- cik: 0000837465
- company_name: Callaway Golf Co
- filed_at: 2026-08-04T20:18:34+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/837465/000083746526000021/0000837465-26-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/837465/000083746526000021/modg-20260804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000837465-26-000021
- JSON: https://secwatch.observer/filing/0000837465-26-000021.json
- Plain text: https://secwatch.observer/filing/0000837465-26-000021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.