earnings
confidence high
sentiment negative
materiality 0.80
OneWater Marine FY2025 net loss $116M; adj. EPS $0.44 vs $0.98; guides FY2026 below consensus
OneWater Marine Inc.
- FY2025 revenue $1.87B (+6% YoY); same-store sales +6%; net loss $(116)M ($(7.22)/sh) due to $146M goodwill impairment.
- Q4 revenue $460M (+21.8% YoY); net loss $(113)M ($(6.90)/sh) vs loss of $(0.63)/sh last year.
- Adjusted EBITDA FY2025 $70.1M (down 15% YoY); Q4 Adjusted EBITDA $17.5M (up 123%).
- FY2026 guidance: revenue $1.83B-$1.93B; Adj. EBITDA $65M-$85M; Adj. diluted EPS $0.25-$0.75.