---
schema_version: "secwatch.filing_event.v1"
accession: "0001772921-26-000034"
form_type: "8-K"
ticker: "ONEW"
cik: "0001772921"
company_name: "OneWater Marine Inc."
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T01:02:09.599781+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OneWater Marine Q2 revenue down 9% to $442M; net loss of $13M; margins improve, debt reduced

## Summary
- Revenue $442.3M (-8.5% YoY); same-store sales -8%; new boat revenue -12.1%.
- GAAP net loss $12.9M ($0.78 loss per share); adjusted loss $0.34 per share.
- Gross margin 23.9% (+110 bps); adjusted EBITDA $16.3M vs $17.9M prior year.
- Repaid $56.6M of debt; net debt/EBITDA ratio 4.1x; inventory down to $551.4M.
- FY 2026 guidance maintained: revenue $1.78B-$1.88B, adj EBITDA $60M-$80M.

## SEC filing metadata
- accession: 0001772921-26-000034
- form_type: 8-K
- ticker: ONEW
- cik: 0001772921
- company_name: OneWater Marine Inc.
- filed_at: 2026-04-30T23:59:59+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/1772921/000177292126000034/0001772921-26-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772921/000177292126000034/onew-20260430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001772921-26-000034
- JSON: https://secwatch.observer/filing/0001772921-26-000034.json
- Plain text: https://secwatch.observer/filing/0001772921-26-000034.txt

## Key facts
- Earnings Releases
  OneWater Marine Inc. reported fiscal second quarter ended March 31, 2026 results: revenue $442 million, net income $(13) million, EPS $(0.78) per diluted share.
  - Period: fiscal second quarter ended March 31, 2026
  - Revenue: $442 million
  - Net income: $(13) million
  - EPS: $(0.78) per diluted share
  - Result: reported results
  source text: Marine Inc. Announces Fiscal Second Quarter 2026 Results Driving Margin Expansion and Strengthening Balance Sheet Fiscal Second Quarter 2026 Highlights • Revenue decreased 9% to $442 million • Same-store sales decreased 8% • Gross profit margin of 23.9% increased 110 bps • GAAP net loss of $(13) million, or $(0.78) per diluted share; adjusted diluted loss per share 1
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772921/000177292126000034/0001772921-26-000034-index.htm
- Earnings Releases
  OneWater Marine Inc. reported fiscal full year 2026 results: revenue $1.78 billion to $1.88 billion, EPS adjusted diluted earnings per share 2 is expected to be in the range of $0.20 to $0.70. Guidance reaffirmed.
  - Period: fiscal full year 2026
  - Revenue: $1.78 billion to $1.88 billion
  - EPS: adjusted diluted earnings per share 2 is expected to be in the range of $0.20 to $0.70
  - Guidance: reaffirmed
  - Result: guidance update
  source text: lost revenue from exited brands and the divestiture of OBCI, the Company expects dealership same-store sales to be flat year over year and total revenue to be in the range of $1.78 billion to $1.88 billion. Adjusted EBITDA 2 is expected to be in the range of $60 million to $80 million and adjusted diluted earnings per share 2 is expected to be in the range of $0.20
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772921/000177292126000034/0001772921-26-000034-index.htm

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