---
schema_version: "secwatch.filing_event.v1"
accession: "0001590976-24-000033"
form_type: "8-K"
ticker: "MBUU"
cik: "0001590976"
company_name: "MALIBU BOATS, INC."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:30:17.472281+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Malibu Boats Q3 net sales down 45.8%, net loss $67.8M including $88.4M goodwill impairment

## Summary
- Unit volume fell 51.9% to 1,269 units; net sales $203.4M vs $375.1M a year ago.
- GAAP net loss of $67.8M (diluted EPS -$3.28) vs prior-year net income of $53.5M.
- Adjusted EBITDA dropped 69.2% to $24.4M; adjusted EPS $0.63, down 75.7%.
- Recorded $88.4M goodwill impairment at Maverick Boat Group due to lower outlook.
- FY2024 guidance: net sales decline 40-41% YoY; Adj. EBITDA margin 10.1%-10.5%.

## SEC filing metadata
- accession: 0001590976-24-000033
- form_type: 8-K
- ticker: MBUU
- cik: 0001590976
- company_name: MALIBU BOATS, INC.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590976/000159097624000033/0001590976-24-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590976/000159097624000033/mbuu-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590976-24-000033
- JSON: https://secwatch.observer/filing/0001590976-24-000033.json
- Plain text: https://secwatch.observer/filing/0001590976-24-000033.txt

## Key facts
- Earnings Releases
  MALIBU BOATS, INC. reported the third quarter ended March 31, 2024 results: revenue $203.4 million, net income a net loss of $67.8 million, EPS a net loss of $3.28 per share.
  - Period: the third quarter ended March 31, 2024
  - Revenue: $203.4 million
  - Net income: a net loss of $67.8 million
  - EPS: a net loss of $3.28 per share
  - Result: reported results
  source text: its financial results for the third quarter ended March 31, 2024. Third Quarter Fiscal 2024 Highlights Compared to Third Quarter Fiscal 2023: • Net sales decreased 45.8% to $203.4 million • Unit volume decreased 51.9% to 1,269 units • Gross profit decreased 59.1% to $40.3 million • GAAP net income decreased 226.8% to a net loss of $67.8 million, inclusive of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590976/000159097624000033/0001590976-24-000033-index.htm

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