---
schema_version: "secwatch.filing_event.v1"
accession: "0001772921-24-000015"
form_type: "8-K"
ticker: "ONEW"
cik: "0001772921"
company_name: "OneWater Marine Inc."
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T11:17:38.512132+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OneWater posts Q1 net loss $8M, revenue down 1% to $364M; guides FY same-store sales up low-to-mid single digits

## Summary
- GAAP net loss of $8.0M ($0.49 diluted loss); adjusted diluted loss per share $0.38.
- Revenue $364M (-1% YoY); same-store sales +2%; gross margin 25.1% vs 30.0% a year ago.
- Adjusted EBITDA $7.1M, down 76.6% from $30.4M in Q1 2023.
- FY 2024 guidance reaffirmed: Adj EBITDA $130-155M, EPS $3.25-$3.75; same-store sales up low-to-mid single digits.
- Total liquidity >$65M (cash $44.6M); long-term debt $439.8M; inventory $706.8M up seasonally.

## SEC filing metadata
- accession: 0001772921-24-000015
- form_type: 8-K
- ticker: ONEW
- cik: 0001772921
- company_name: OneWater Marine Inc.
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1772921/000177292124000015/0001772921-24-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772921/000177292124000015/onew-20240201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001772921-24-000015
- JSON: https://secwatch.observer/filing/0001772921-24-000015.json
- Plain text: https://secwatch.observer/filing/0001772921-24-000015.txt

## Key facts
- Earnings Releases
  OneWater Marine Inc. reported fiscal first quarter ended December 31, 2023 results: revenue $364.0 million, net income $(8.0) million, EPS $(0.49) per diluted share. Guidance reaffirmed.
  - Period: fiscal first quarter ended December 31, 2023
  - Revenue: $364.0 million
  - Net income: $(8.0) million
  - EPS: $(0.49) per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: First Quarter 2024 Results Outperforming industry and gaining market share in more competitive sales environment Fiscal First Quarter 2024 Highlights • Revenue decreased 1% to $364 million • Same-store sales increased 2 % • Gross profit margin of 25.1% • GAAP net loss of $(8) million, or $(0.49) per diluted share and adjusted diluted loss per share 1 of $(0.38) •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772921/000177292124000015/0001772921-24-000015-index.htm

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