earnings
confidence high
sentiment negative
materiality 0.55
MarineMax Q4 same-store sales +2.3%, net loss $0.04/shr; FY26 adj. EBITDA guidance $110-125M
MARINEMAX INC
2025-FY EPS reported
-$1.43
revenue$2,309,288,000
- Q4 revenue $552.2M (-1.9% YoY); same-store sales increased 2.3% led by used boats, F&I, parts/service, superyacht and marina operations.
- Gross margin rose to 34.7% (vs 34.3% prior year); SG&A cost 32.2% of revenue, up from 29.5% on higher service-related costs and marketing.
- Net loss $0.9M ($0.04 diluted loss per share) vs net income $4.0M ($0.17 EPS) in Q4 last year; adjusted net loss per share also $0.04.
- Full year FY2025: revenue $2.3B, same-store sales -2.1%, net loss $1.43/shr, adjusted EBITDA $109.8M, adjusted EPS $0.61.
- FY2026 guidance: adjusted EBITDA $110-125M, adjusted EPS $0.40-0.95; company cites prudent view amid macroeconomic uncertainty.