---
schema_version: "secwatch.filing_event.v1"
accession: "0001772921-23-000003"
form_type: "8-K"
ticker: "ONEW"
cik: "0001772921"
company_name: "OneWater Marine Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:38:21.931661+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OneWater Marine Q2 revenue record $524M (+19%), net income $27M vs $42M, EPS $1.56; adj EBITDA down 22%

## Summary
- Revenue increased 19% to $524M, a fiscal Q2 record; same-store sales up 11%.
- Net income of $27M ($1.56 diluted EPS) vs $42M ($2.54) in prior year; adjusted EBITDA $51.8M vs $66.1M.
- Service, parts & other revenue grew 28% to $78M; gross margin 28% down 420 bps from pricing normalization.
- FY2023 guidance maintained: adj EBITDA $200-225M, EPS $7.50-8.00, same-store sales flat to up mid-single digits.
- Inventory rose to $593M vs $293M year ago due to seasonal builds and acquisitions; long-term debt $463M.

## SEC filing metadata
- accession: 0001772921-23-000003
- form_type: 8-K
- ticker: ONEW
- cik: 0001772921
- company_name: OneWater Marine Inc.
- filed_at: 2023-05-04T23:59:59+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/1772921/000177292123000003/0001772921-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772921/000177292123000003/onew-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001772921-23-000003
- JSON: https://secwatch.observer/filing/0001772921-23-000003.json
- Plain text: https://secwatch.observer/filing/0001772921-23-000003.txt

## Key facts
- Earnings Releases
  OneWater Marine Inc. reported fiscal full year 2023 results: EPS $7.50 to $8.00. Guidance reaffirmed.
  - Period: fiscal full year 2023
  - EPS: $7.50 to $8.00
  - Guidance: reaffirmed
  - Result: guidance update
  source text: The Company is maintaining its previously issued fiscal full year 2023 outlook. For fiscal full year 2023, OneWater anticipates same store sales to be flat to up mid-single digits. Adjusted EBITDA 2 is expected to be in the range of $200 million to $225 million and earnings per diluted share is expected to be in the range of $7.50 to $8.00.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772921/000177292123000003/0001772921-23-000003-index.htm
- Earnings Releases
  OneWater Marine Inc. reported the fiscal second quarter ended March 31, 2023 results: revenue $524 million, net income $27 million, EPS $1.56 per diluted share.
  - Period: the fiscal second quarter ended March 31, 2023
  - Revenue: $524 million
  - Net income: $27 million
  - EPS: $1.56 per diluted share
  - Result: reported results
  source text: Revenue increased 19% to $524 million, a new fiscal second quarter record • Service, parts & other revenue grew 28% to $78 million • Same-store sales increased 11% • Gross profit margin of 28% remains strong • Net income was $27 million in the quarter or $1.56 per diluted share • Adjusted EBITDA 1 of $52 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772921/000177292123000003/0001772921-23-000003-index.htm

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