earnings
confidence high
sentiment positive
materiality 0.75
Off the Hook YS reports record Q1 revenue, raises FY guidance to $165-$170M
OFF THE HOOK YS INC.
2026-Q1 EPS reported
-$0.14
revenue$29,843,739
- Q1 revenue $29.8M (+9.6% YoY); gross profit $3.2M (+18.5%); sold 127 boats (Q1 record).
- Pre-owned boat sales rose 31.8% to $27.8M; average price ~$224K vs $263K on higher volume.
- Completed Apex Marine acquisition in South Florida, expanding physical infrastructure for storage/service.
- FY2026 revenue guidance raised to $165–$170M from prior $155–$160M.
- SG&A surged to $1.3M (+205%) and salaries to $3.1M (+244%) due to public-company costs and $1.8M stock-based comp.
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