---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-023064"
form_type: "8-K"
ticker: "OTH"
cik: "0002067767"
company_name: "OFF THE HOOK YS INC."
filed_at: "2026-05-14T20:05:20+00:00"
generated_at: "2026-05-14T21:01:42.225635+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Off the Hook YS reports record Q1 revenue, raises FY guidance to $165-$170M

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-023064
- form_type: 8-K
- ticker: OTH
- cik: 0002067767
- company_name: OFF THE HOOK YS INC.
- filed_at: 2026-05-14T20:05:20+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2067767/000149315226023064/0001493152-26-023064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2067767/000149315226023064/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-023064
- JSON: https://secwatch.observer/filing/0001493152-26-023064.json
- Plain text: https://secwatch.observer/filing/0001493152-26-023064.txt

## Key facts
- Earnings Releases
  OFF THE HOOK YS INC. updated its full year 2026 guidance (raised).
  - Period: full year 2026
  - Guidance: raised
  - Result: guidance update
  source text: For full year 2026, the Company expects revenue between $165 million and $170 million compared to prior guidance of $155 million to $160 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2067767/000149315226023064/0001493152-26-023064-index.htm
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/2067767/000149315226023064/0001493152-26-023064-index.htm

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