---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-030771"
form_type: "8-K"
ticker: "HLLY"
cik: "0001822928"
company_name: "Holley Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T10:30:05.264520+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Holley Q3 net sales +1.1% to $156.5M; gross margin 37.3%; Adj. EBITDA $29.7M

## Summary
- Net sales $156.5M, up 1.1% YoY; gross margin expanded to 37.3% from 31.3%.
- Adjusted EBITDA $29.7M (19.0% margin) vs $16.4M (10.6%) a year ago.
- Adjusted net income $3.5M vs adjusted net loss of ($4.1M); GAAP net income $0.8M ($0.01 EPS) vs $31.6M.
- Free cash flow $21.7M vs ($10.6M); company is undergoing a comprehensive business transformation and revised guidance.

## SEC filing metadata
- accession: 0001437749-23-030771
- form_type: 8-K
- ticker: HLLY
- cik: 0001822928
- company_name: Holley Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822928/000143774923030771/0001437749-23-030771-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822928/000143774923030771/hlly20230830_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-030771
- JSON: https://secwatch.observer/filing/0001437749-23-030771.json
- Plain text: https://secwatch.observer/filing/0001437749-23-030771.txt

## Key facts
- Earnings Releases
  Holley Inc. updated its third quarter ended October 1, 2023 guidance (lowered).
  - Period: third quarter ended October 1, 2023
  - Guidance: lowered
  - Result: reported results
  source text: On November 8, 2023, Holley Inc. (the “Company”) issued a press release announcing its financial results and operational highlights for the Company’s quarter ended October 1, 2023 and revising certain guidance previously provided by the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822928/000143774923030771/0001437749-23-030771-index.htm

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