Holley Q1 net sales $153M (-3.5% YoY); core business up 3.3%; adj. EBITDA $27.3M

Holley Inc.

2025-Q1 EPS reported $0.02 revenue$153,044,000

Net sales $153.0M, down 3.5% YoY; core business net sales grew 3.3% excluding ~$10.5M of divestitures and SKU rationalization.
GAAP net income $2.8M ($0.02 diluted EPS) vs $3.7M; adjusted net income $2.6M vs $0.1M last year.
Adjusted EBITDA $27.3M, up $6.3M from $21.0M in prior year.
Free cash flow ($10.8M) vs $17.8M; net cash used in operations $7.8M.
Full-year 2025 guidance maintained, excluding any potential tariff impacts.

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