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.
“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”
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.
“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”
Material Agreements
OneWater Marine Inc. entered into Securities Purchase Agreement with Recochem Inc. valued at approximately $50.0 million (effective 2026-02-02).
“On February 2, 2026 (the “Closing Date”), OneWater Marine Inc. (the “Company”) entered into and consummated a Securities Purchase Agreement (the “Purchase Agreement”) with Recochem Inc. (the “Buyer”) pursuant to which the Company sold the equity interests in Ocean Bio‐Chem Holdings, Inc. (“Ocean Bio‐Chem”) for an estimated cash purchase price of approximately $50.0 million.”
M&A Transactions
OneWater Marine Inc. completed a disposition involving Recochem Inc. for approximately $50.0 million (closed 2026-02-02).
“On February 2, 2026 (the “Closing Date”), OneWater Marine Inc. (the “Company”) entered into and consummated a Securities Purchase Agreement (the “Purchase Agreement”) with Recochem Inc. (the “Buyer”) pursuant to which the Company sold the equity interests in Ocean Bio‐Chem Holdings, Inc. (“Ocean Bio‐Chem”) for an estimated cash purchase price of approximately $50.0 million.”
Material Agreements
OneWater Marine Inc. amended Third Amendment to Eighth Amended and Restated Inventory Financing Agreement, Omnibus Amendment to Collateralized Guarantees, and First Amendment to Consent Agreement with unknown valued at Modified termination date to March 1, 2027, adjusted maximum borrowing capacity to $497.1 million, a (effective 2025-11-17).
“On November 17, 2025, the Company entered into the Third Amendment to Eighth Amended and Restated Inventory Financing Agreement, Omnibus Amendment to Collateralized Guarantees, and First Amendment to Consent Agreement (the "Third Amendment") to, among other things, (i) modify certain definitions, covenants, terms and conditions, (ii) modify the termination date of the Third Agreement to be March 1, 2027, and (iii) adjust the maximum borrowing capacity to $497.1 million and permit an additional $38.7 million in availability for overtrade capacity.”
Material Agreements
OneWater Marine Inc. amended Amendment No. 7 to Amended and Restated Credit Agreement and Amendment to Pledge and Security Agreement with unknown valued at Modified maturity date to July 31, 2027, and adjusted applicable interest rates. (effective 2025-11-17).
“On November 17, 2025, OneWater Marine Inc. (the “Company”) entered into Amendment No. 7 to Amended and Restated Credit Agreement and Amendment to Pledge and Security Agreement ("Amendment No.7") to, among other things, (i) modify certain definitions, covenants, terms and conditions and (ii) modify the maturity date to be July 31, 2027, and in connection therewith, the repayment schedule, including certain adjustments to applicable interest rates.”
Earnings Releases
OneWater Marine Inc. reported fiscal second quarter ended March 31, 2024 results: revenue $488 million, net income $(5) million, or $(0.27) per diluted share, EPS $(0.27) per diluted share. Guidance reaffirmed.
“Inc. Announces Fiscal Second Quarter 2024 Results Maintaining previously issued fiscal full year 2024 outlook Fiscal Second Quarter 2024 Highlights • Revenue decreased 7% to $488 million • Same-store sales decreased 5% for the quarter; average annual increase of 4% over last two years • Gross profit margin of 24.6% • GAAP net loss of $(5) million, or $(0.27) per”
Shareholder Votes
OneWater Marine Inc. shareholders approved Ratification of Grant Thornton LLP as independent registered public accounting firm for fiscal year ending September 30, 2024 at the 2024-02-22 meeting.
“The appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2024, was ratified by the stockholders, with votes as follows:”
Shareholder Votes
OneWater Marine Inc. shareholders approved Advisory (non-binding) vote on a resolution to approve the compensation of the Company’s named executive officers at the 2024-02-22 meeting.
“The advisory (non-binding) vote on a resolution to approve the compensation of the Company’s named executive officers, was approved by the stockholders, with votes as follows:”
Shareholder Votes
OneWater Marine Inc. shareholders approved Election of nine directors to serve until the 2025 annual meeting at the 2024-02-22 meeting.
“Each of the following persons was duly elected by the Company’s stockholders until the 2025 annual meeting of stockholders and until their successors are duly elected and qualified, subject to their earlier resignation, removal or death, with votes as follows:”
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.
“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) •”
Material Agreements
OneWater Marine Inc. entered into Eighth Amended and Restated Inventory Financing Agreement with Wells Fargo Commercial Distribution Finance, LLC valued at $650.0 million (effective 2023-11-14).
“On November 14, 2023, OneWater Marine Inc., a Delaware corporation (the “Company”) and its subsidiaries entered into the Eighth Amended and Restated Inventory Financing Agreement (the “A&R Inventory Financing Facility”), with the dealers party thereto, Wells Fargo Commercial Distribution Finance, LLC, as agent (the “Agent”), and the Lenders party thereto.”
Earnings Releases
OneWater Marine Inc. reported financial results for fiscal fourth quarter and year ended September 30, 2023.
“On November 16, 2023 , OneWater Marine Inc. (the “Company”) issued a press release announcing the Company’s operating and financial results for the fiscal fourth quarter and year ended September 30, 2023.”
Earnings Releases
OneWater Marine Inc. reported quarter ended June 30, 2022 results: revenue $568,900, net income $64,500, EPS $3.86.
“% Pre-owned boat 111,469 98,181 13,288 13.5 % Finance & insurance income 19,028 18,979 49 0.3 % Service, parts & other 92,197 74,854 17,343 23.2 % Total revenues $ 594,339 $ 568,900 $ 25,439 4.5 % Fiscal Third Quarter 2023 Results Revenue for fiscal third quarter 2023 was $594.3 million, an increase of 4.5% compared to $568.9 million in fiscal third quarter”
Earnings Releases
OneWater Marine Inc. reported quarter ended June 30, 2023 results: revenue $594,339, net income $33,300, EPS $1.95.
“(5,241) (1.4) % Pre-owned boat 111,469 98,181 13,288 13.5 % Finance & insurance income 19,028 18,979 49 0.3 % Service, parts & other 92,197 74,854 17,343 23.2 % Total revenues $ 594,339 $ 568,900 $ 25,439 4.5 % Fiscal Third Quarter 2023 Results Revenue for fiscal third quarter 2023 was $594.3 million, an increase of 4.5% compared to $568.9 million in fiscal third”
Earnings Releases
OneWater Marine Inc. reported fiscal full year 2023 results: EPS $7.50 to $8.00. Guidance reaffirmed.
“The Company is maintaining its previously issued fiscal full year 2023 outlook. For fiscal full year 2023, OneWater anticipates same store sales to be flat to up mid-single digits. Adjusted EBITDA 2 is expected to be in the range of $200 million to $225 million and earnings per diluted share is expected to be in the range of $7.50 to $8.00.”
Earnings Releases
OneWater Marine Inc. reported the fiscal second quarter ended March 31, 2023 results: revenue $524 million, net income $27 million, EPS $1.56 per diluted share.
“Revenue increased 19% to $524 million, a new fiscal second quarter record • Service, parts & other revenue grew 28% to $78 million • Same-store sales increased 11% • Gross profit margin of 28% remains strong • Net income was $27 million in the quarter or $1.56 per diluted share • Adjusted EBITDA 1 of $52 million”
Governance Changes
OneWater Marine Inc.: Board approved amendment and restatement of bylaws, effective March 1, 2023, updating stockholder meeting procedures, director nomination rules under Universal Proxy Card Rules, exclusive forum provision, and other clarifying changes (effective 2023-03-01).
“On March 1, 2023, the Board approved the amendment and restatement of the bylaws of the Company (the “Bylaws”), effective as of such date.”
Carmen R. Bauza was appointed as director at OneWater Marine Inc..
“On March 1, 2023, the Board appointed Carmen R. Bauza to the Board as a director, effective as of March 1, 2023”
Governance Changes
OneWater Marine Inc.: Amendment to Second Amended and Restated Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation (effective 2023-02-24).
“At the Annual Meeting, upon the recommendation of the Board, the Company’s stockholders approved an amendment to the Company’s Second Amended and Restated Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation (the “Certificate Amendment”). The Certificate Amendment became effective upon the filing of the Third Amended and Restated Certificate of Incorporation of the Company (the “Third A&R Certificate”) with the Secretary of State of Delaware on February 24 , 2023.”
Shareholder Votes
OneWater Marine Inc. shareholders approved Ratification of Grant Thornton LLP as independent auditor for fiscal year ending September 30, 2023 at the 2023-02-23 meeting.
“6. The appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2023, was ratified by the stockholders, with votes as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 13,136,363 9,636 1,146 0”
Shareholder Votes
OneWater Marine Inc. shareholders approved Advisory vote on executive compensation at the 2023-02-23 meeting.
“4. The advisory (non-binding) vote on a resolution to approve the compensation of the Company’s named executive officers, was approved by the stockholders, with votes as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 9,895,636 1,364,436 102,504 1,784,569”
Shareholder Votes
OneWater Marine Inc. shareholders approved Amendment to OneWater Marine Inc. 2020 Omnibus Incentive Plan at the 2023-02-23 meeting.
“3. The amendment to the OneWater Marine Inc. 2020 Omnibus Incentive Plan, was approved by the stockholders, with votes as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 7,967,169 3,292,983 102,424 1,784,569”
Shareholder Votes
OneWater Marine Inc. shareholders approved Amendment to certificate of incorporation regarding officer exculpation at the 2023-02-23 meeting.
“2. The amendment to the Company’s second amended and restated certificate of incorporation to reflect new Delaware law provisions regarding officer exculpation, was approved by the stockholders, with votes as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 10,236,964 1,118,060 7,552 1,784,569”
Shareholder Votes
OneWater Marine Inc. shareholders approved Election of Directors at the 2023-02-23 meeting.
“1. Each of the following persons was duly elected by the Company’s stockholders until the 2024 annual meeting of stockholders and until their successors are duly elected and qualified, subject to their earlier resignation, removal or death, with votes as follows: NOMINEE FOR AGAINST ABSTAIN BROKER NON-VOTES Anthony Aisquith 10,950,498 411,054 1,024 1,784,569 Christopher W. Bodine 9,436,781 1,924,374 1,421 1,784,569 Bari A. Harlam 10,784,130 577,243 1,203 1,784,569 Jeffrey B. Lamkin 11,340,200 21,252 1,124 1,784,569 J. Steven Roy 11,340,502 20,950 1,124 1,784,569 John F. Schraudenbach 10,648,241 713,111 1,224 1,784,569 P. Austin Singleton 11,348,430 12,822 1,324 1,784,569 John G. Troiano 10,647,864 713,388 1,324 1,784,569”
Earnings Releases
OneWater Marine Inc. reported fiscal first quarter 2023 results: revenue $367 million, net income $11 million, EPS $0.61 per diluted share. Guidance lowered.
“Fiscal First Quarter 2023 Highlights • Revenue increased 9% to $367 million, a new fiscal first quarter record • Service, parts & other revenue surged 86% to $70 million • Same-store sales decreased 14% as seasonality returns • Gross profit margin of 30%, remains strong as expected • Net income was $11 million in the quarter or $0.61 per diluted share • Adjusted EBITDA 1 of $28 million • Completed two strategic dealership acquisitions”
Greg A. Shell, Sr. resigned as director at OneWater Marine Inc..
“On November 28, 2022, Greg A. Shell, Sr. resigned from his position as a director on the board of directors (the “Board”) of OneWater Marine Inc. (the “Company”) and all committees on which he served due to the compliance policy of his new employer, which requires his resignation from any outside boards of directors.”
J. Steven Roy was appointed as director at OneWater Marine Inc..
“the Board appointed J. Steven Roy to the Board as a director, effective as of August 12, 2022”
Greg A. Shell, Sr. was appointed as Director at OneWater Marine Inc..
“On March 21, 2022, the Board appointed Greg A. Shell, Sr. to the Board as a director, effective as of April 1, 2022”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.