---
schema_version: "secwatch.filing_event.v1"
accession: "0001590976-23-000042"
form_type: "8-K"
ticker: "MBUU"
cik: "0001590976"
company_name: "MALIBU BOATS, INC."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:04:54.891269+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Malibu Boats Q3 FY2023 sales $375M (+9% YoY), net income $53.5M (-2.5%); saltwater segment shines

## Summary
- Net sales $375.1M, up 9.0% YoY; unit volume up 2.9% to 2,637 units.
- Net income $53.5M (-2.5%), diluted EPS flat at $2.51; adjusted EBITDA $79.3M (-0.6%).
- Saltwater Fishing segment sales surged 31% to $122.7M (+167 units); Malibu segment sales down 3.5% to $172.6M (-119 units).
- FY2023 guidance: net sales growth slightly above 10% YoY; adjusted EBITDA margin down slightly YoY.
- Gross margin fell 190 bps to 26.3% due to mix shift and dealer flooring costs.

## SEC filing metadata
- accession: 0001590976-23-000042
- form_type: 8-K
- ticker: MBUU
- cik: 0001590976
- company_name: MALIBU BOATS, INC.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1590976/000159097623000042/0001590976-23-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590976/000159097623000042/mbuu-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590976-23-000042
- JSON: https://secwatch.observer/filing/0001590976-23-000042.json
- Plain text: https://secwatch.observer/filing/0001590976-23-000042.txt

## Key facts
- Earnings Releases
  MALIBU BOATS, INC. reported the nine months ended March 31, 2023 results: revenue $1,016,062, net income $125,953.
  - Period: the nine months ended March 31, 2023
  - Revenue: $1,016,062
  - Net income: $125,953
  - Result: reported results
  source text: Third Quarter Fiscal 2023 Results (Unaudited) Three Months Ended March 31, Nine Months Ended March 31, 2023 2022 2023 2022 (Dollars In Thousands) Net Sales $ 375,119 $ 344,287 $ 1,016,062 $ 861,671 Gross Profit $ 98,574 $ 97,121 $ 248,833 $ 220,424 Gross Profit Margin 26.3 % 28.2 % 24.5 % 25.6 % Net Income $ 53,452 $ 54,833 $ 125,953 $ 113,745
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590976/000159097623000042/0001590976-23-000042-index.htm
- Earnings Releases
  MALIBU BOATS, INC. reported the third quarter ended March 31, 2023 results: revenue $375.1 million, net income $53.5 million, EPS $2.51 per share.
  - Period: the third quarter ended March 31, 2023
  - Revenue: $375.1 million
  - Net income: $53.5 million
  - EPS: $2.51 per share
  - Result: reported results
  source text: Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the third quarter ended March 31, 2023. Third Quarter Fiscal 2023 Highlights Compared to Third Quarter Fiscal 2022: • Net sales increased 9.0% to $375.1 million • Unit volume increased 2.9% to 2,637 units • Gross profit increased 1.5% to $98.6 million • Net income decreased 2.5% to $53.5 million • Adjusted EBITDA decreased 0.6% to $79.3 million • Net income available to Class A Common Stock per share (diluted) remained flat at $2.51 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590976/000159097623000042/0001590976-23-000042-index.htm

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