Acushnet sales climb 7% in Q1 as golf ball and club demand offsets one-time comparisons

Acushnet Holdings (NYSE:GOLF) reported robust top-line growth for the first quarter of 2026, as the company leveraged its premium Titleist and FootJoy brands to capture steady demand across the global golf market.

The Fairhaven, Massachusetts-based company posted net sales of $753 million for the quarter ended March 31, 2026, representing a 7.1% increase over the same period in 2025.

On a constant-currency basis, net sales grew by 4.8%.

The revenue surge was supported by the continued strength of the Titleist segment, which saw high participation rates translate into strong sales for golf balls and clubs.

Despite the higher sales volume, net income attributable to Acushnet fell 18.1% year-over-year to $81.4 million.

Management noted that this decline was primarily due to a difficult year-over-year comparison; the first quarter of 2025 included a one-time, non-cash pre-tax gain of $20.9 million related to the company’s FootJoy golf shoe joint venture.

Operating performance remained healthy, with year-to-date adjusted EBITDA rising 4.1% to $144.6 million.

The increase in adjusted EBITDA reflects the company’s ability to manage inflationary pressures while benefiting from a favorable product mix and disciplined operational execution.