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.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

OFF THE HOOK YS INC. updated its full year 2026 guidance (raised).

Period: full year 2026
Guidance: raised
Result: guidance update

Exact text from the filing

For full year 2026, the Company expects revenue between $165 million and $170 million compared to prior guidance of $155 million to $160 million.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

OFF THE HOOK YS INC. reported first fiscal quarter ended March 31, 2026 results: revenue $29.8 million. Guidance raised.

Period: first fiscal quarter ended March 31, 2026
Revenue: $29.8 million
Guidance: raised
Result: reported results

Exact text from the filing

filing. --- EX-99.1 (EX-99.1) --- Off The Hook YS Inc. Reports First Quarter 2026 Financial and Operating Results First quarter 2026 revenue increased 9.6% year over year to $29.8 million Increased 2026 revenue guidance to $165–$170 million Wilmington, NC, May 14, 2026 (GLOBE NEWSWIRE)—Off The Hook YS Inc. (NYSE American: “OTH”, or “Off the Hook Yachts”), a

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Source: SEC EDGAR

accession 0001493152-26-023064

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