Highest-materiality recent filing
Malibu Boats completes $203.9M Saxdor acquisition; pro forma FY26 net loss $2.2M
Acquired Saxdor Yachts on 3/2/2026 for ~$203.9M: $131.3M cash, 1.52M shares, $32.6M earnout (max $84.2M).
Malibu Boats Q4 sales up 42.7%, adjusted EPS $0.92; FY27 guidance of $1.08-1.12B
Q4 net sales $295.5M (+42.7% YoY), units 1,456 (+19.2%), gross profit $52.2M (+59.4%).
Malibu Boats files Saxdor Yachts FY2025 financials: revenue €180.8M, net profit €13.4M
Saxdor reported FY2025 (Dec 31, 2025) revenue of €180.8M and net profit of €13.4M on total assets €83.4M.
Malibu Q3 net loss $2.4M; Saxdor acquisition; raises legacy revenue outlook
Q3 net sales $235.7M (+3.1% YoY); unit volume down 12.4% to 1,253 units.
Malibu Boats acquires Saxdor Yachts for $175M plus up to $84M earnout
€150M ($175M): €110M cash + 1.52M MBUU shares; earnout up to €71M ($84M) based on 2026-2028 targets.
Malibu Boats Q2 net loss $2.5M; sales down 5.8%, gross margin plunges to 13.3%
Net loss of $2.5M (diluted EPS loss $0.13) vs net income of $2.4M ($0.12) YoY; revenue down 5.8% to $188.6M.
Malibu Boats appoints David Black CFO as Bruce Beckman resigns; reaffirms FY 2026 guidance
Bruce W. Beckman resigned as CFO effective Nov 12, 2025; will consult through Dec 31, 2025.
Malibu Boats Q1 FY26 net sales up 13.5% to $194.7M; net loss narrows to $0.7M
GAAP net loss of $0.7M ($0.04 diluted EPS) vs $5.1M ($0.25 loss) a year ago; adjusted EPS $0.15.
Malibu Boats Q4 net sales $207M (+30.4%), net income $4.8M vs loss; guides FY26 flat to down
Q4 unit volume 1,221 (+16.8%); gross margin expanded to 15.8% from 7.9%.
Malibu Boats Q3 net sales +12.4% to $228.7M; net income $13.2M vs loss; guides FY sales down 3-5%
GAAP diluted EPS $0.66 vs loss of $3.45 a year ago; adjusted EPS $0.72.
Malibu Boats Q2 net sales down 5.1% to $200.3M; cuts FY2025 guidance
GAAP net income fell 76.1% to $2.4M ($0.12 diluted EPS); adjusted EBITDA down 26.3% to $16.9M.
Malibu Boats President Ritchie Anderson to retire Feb 2025; CEO Menneto to assume role
Ritchie Anderson to retire as President effective February 7, 2025.
Malibu Boats Q1 FY2025 net sales down 33%; net loss of $5.1M vs prior year income
Net sales $171.6M, down 32.9% YoY; unit volume 1,024, down 39.7%.
Stockholders approve 2024 equity plan with 1.02M new shares; bylaws amended
Stockholders approved 2024 Performance Incentive Plan, authorizing up to 1,020,000 new shares plus forfeitures from prior plan.
Malibu Boats Q4 net sales plunge 57% to $158.7M; full-year net loss of $56.4M
Q4 net sales $158.7M (-57.4% YoY); unit volume 1,045 (-59.0%); net loss $19.6M ($0.94 diluted EPS loss).
Malibu Boats names Polaris' Steven Menneto CEO; base salary $920k, equity grants
Steven Menneto named CEO effective Aug 5, 2024; also joins Board as Class II director.
Malibu Boats secured new dealers in 14 of 15 former Tommy's Boats markets
As of May 17, 2024, dealer agreements signed in 14 of 15 markets previously served by Tommy's Boats.
Malibu Boats Q3 net sales down 45.8%, net loss $67.8M including $88.4M goodwill impairment
Unit volume fell 51.9% to 1,269 units; net sales $203.4M vs $375.1M a year ago.
Malibu Boats sued by Tommy's Boats dealership group over alleged breach of agreements
Fifteen Tommy's Boats dealerships filed complaint on Apr 10, 2024 in E.D. Tenn., alleging breach of contracts, fraud, and misrepresentation.
CEO Jack Springer to depart by May 17; Anderson named President, Hooks Executive Chair
Springer to resign as CEO and Board member by May 17, 2024; will serve as consultant for up to 4 years with equity vesting.
Malibu Boats Q2 net sales down 37.7% to $211M; net income down 72.1% to $10.1M
Adjusted EBITDA fell 60.2% to $22.9M; margin compressed from 17.0% to 10.9%.
Net sales fell 15.3% to $255.8M; unit volume dropped 24.1% to 1,698 units. Net income down 42.5% to $20.8M.
Malibu Boats Q4 net loss of $18M on $100M litigation charge; FY24 guidance weak
Net sales up 5.4% to $372.3M; unit volume down 1.8% to 2,550 units.
Malibu Boats settles Batchelder lawsuit for $100M, plans $75M borrowing from revolver
Settlement of Batchelder personal injury cases for $100.0M: $40M upfront, $60M escrowed pending court conditions.
Malibu Boats Q3 FY2023 sales $375M (+9% YoY), net income $53.5M (-2.5%); saltwater segment shines
Net sales $375.1M, up 9.0% YoY; unit volume up 2.9% to 2,637 units.
Malibu Boats CFO Wayne Wilson resigns; David Black named Interim CFO
Wayne Wilson resigned as CFO and Secretary effective April 19, 2023, to pursue a similar role at a private equity-backed company.
Malibu Boats agrees to buy $33.25M industrial property in Tennessee for new facility
Agreement to purchase 39.6-acre property with 260,288 sq ft industrial building for $33.25M cash.
Malibu Boats Q2 net sales up 28.4% to $338.7M; diluted EPS $1.72 (+22%)
Net sales $338.7M (+28.4% YoY); unit volume 2,439 units (+17.7%) across all segments.
Malibu Boats reports record Q1 FY2023: net sales $302.2M (+19.2%), EPS $1.69
Net sales $302.2M (+19.2% YoY); unit volume 2,237 (+10.5%).
Malibu Boats Q4 net sales up 27.6%; FY22 record revenue $1.21B
Q4 net sales $353.2M (+27.6% YoY); unit volume +10.3% to 2,596 units.
Malibu Boats enters $350M revolving credit facility; $121.7M drawn at close
Third Amended and Restated Credit Agreement dated July 8, 2022, matures July 8, 2027.
Malibu Boats Q3 FY2022: record net sales $344.3M (+26% YoY), net income $54.8M (+56.1%)
Net sales record $344.3M (+26% YoY); unit volume 2,562 (+4.4%); gross margin 28.2% vs 26.4%.
Malibu Boats Q2 FY2022: Net sales up 34.9% to record $263.9M, net income up 39.9%
Net sales record $263.9M (+34.9% YoY); diluted EPS $1.41 (+39.6%).
Malibu Boats Q1 FY2022 net sales up 40.1% to record $253.5M; EPS $1.28
Net sales record $253.5M (+40.1%); unit volume 2,024 (+23.8%).
Jury awarded $80M compensatory ($12M to Boats LLC, $8M to West) and $80M punitive to Boats LLC plus $40M punitive to West.
Malibu Boats Q4 net sales surge 133% to $276.7M; guides FY2022 high-teens growth
Q4 net sales $276.7M (+133.2% YoY); unit volume +110.7% to 2,354 units.
On August 18, 2026, Michael J. Connolly notified the board of directors (the “Board”) of Malibu Boats, Inc., a Delaware corporation (the “Company”), that he does not intend to stand for re-election at the Company’s 2026 annual meeting of stockholders (the “2026 Annual Meeting”).
On June 24, 2025, the Board of Directors (“Board”) of Malibu Boats, Inc. (the “Company”) appointed Melanie K. Cook to the Board effective immediately.
On June 20, 2025, John E. Stokely notified the Board that he does not intend to stand for re-election at the Company’s 2025 annual meeting of stockholders
Steven D. Menneto, the Chief Executive Officer and a director of the Company, was appointed by the Company's Board of Directors to the role of President, effective February 7, 2025, upon Ritchie L. Anderson's departure.
Steven D. Menneto, the Chief Executive Officer and a director of the Company, was appointed by the Company's Board of Directors to the role of President, effective February 7, 2025, upon Ritchie L. Anderson's departure.
Upon Mr. Anderson's retirement, Steve Menneto, the Company's Chief Executive Officer, will assume the role of President of the Company.
Mr. Ritchie L. Anderson agreed that Mr. Anderson will retire and cease to serve as President, effective February 7, 2025
On September 16, 2024, Joan M. Lewis notified the board of directors (the “Board”) of Malibu Boats, Inc., a Delaware corporation (the “Company”), that she does not intend to stand for re-election at the Company’s 2024 annual meeting of stockholders (the “2024 Annual Meeting”).
appointed, effective as of the Effective Date, Mr. Menneto to the Board as a Class II director
Mr. Hooks will remain as Chair of the Board, but in the capacity as a non-executive chair
appointed Mr. Steven D. Menneto as the Company's Chief Executive Officer, effective August 5, 2024
the Board appointed Mr. Michael Hooks to serve as Executive Chair of the Company and Mr. Ritchie Anderson to serve as President of the Company, in each case effective on February 20, 2024
Max materiality 0.90 · Median 0.70 · Most common event earnings