---
schema_version: "secwatch.filing_event.v1"
accession: "0001772921-25-000023"
form_type: "8-K"
ticker: "ONEW"
cik: "0001772921"
company_name: "OneWater Marine Inc."
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T00:50:54.774445+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# OneWater Marine Q2 revenue down 1%; adjusted EPS $0.13 vs $0.67; FY outlook trimmed

## Summary
- Revenue $483.5M (-1% YoY); same-store sales -2%; GAAP net loss $0.4M (-$0.02 per share).
- Adjusted diluted EPS $0.13, down from $0.67; Adjusted EBITDA $17.9M vs $28.3M a year ago.
- Gross margin 22.8%, down 180 bps, driven by exiting select brands and new boat mix.
- Pre-owned boat revenue +14.1% ($89.7M); new boat revenue -5.4% ($309.5M); inventory -12.4% YoY.
- FY2025 guidance: revenue $1.7-$1.8B, same-store sales flat to down low-single, adj. EBITDA $65-$95M.

## SEC filing metadata
- accession: 0001772921-25-000023
- form_type: 8-K
- ticker: ONEW
- cik: 0001772921
- company_name: OneWater Marine Inc.
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1772921/000177292125000023/0001772921-25-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772921/000177292125000023/onew-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001772921-25-000023
- JSON: https://secwatch.observer/filing/0001772921-25-000023.json
- Plain text: https://secwatch.observer/filing/0001772921-25-000023.txt

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