Acushnet Q3 revenue drops 1.3% to $649.2 million
Key points
- Acushnet reported third-quarter 2026 revenue of $649.2 million, down 1.3% year over year, falling slightly below analysts' $652 million estimate.
- Diluted earnings rose 2% to $0.83 per share, while adjusted EBITDA declined 3.3% to $114.7 million, exceeding the $112 million estimate.
- Acushnet maintained its 2026 revenue forecast of $2.65 billion–$2.675 billion and raised the lower end of its adjusted EBITDA guidance to $455 million.
Acushnet (NYSE:GOLF) reported third-quarter 2026 revenue of $649.2 million, down 1.3%, while diluted earnings increased 2% to $0.83 per share.
Revenue fell from approximately $657.7 million a year earlier, missing analysts' $652 million estimate, while diluted earnings missed the $0.98 forecast.
Adjusted EBITDA declined 3.3% to $114.7 million, exceeding analysts' $112 million estimate, while net income increased 1.4% to $49.2 million.
Operating income declined 14% to $80.34 million, while adjusted EBITDA margin narrowed 30 basis points to 17.7%.
Acushnet maintained its 2026 revenue forecast of $2.65 billion–$2.675 billion and narrowed adjusted EBITDA guidance to $455 million–$470 million.
Titleist Golf Equipment revenue increased 0.5% to $429.8 million, while FootJoy Golf Wear sales declined 7.5% to $126.2 million.
Golf Gear revenue fell 9.5% to $55.4 million, while Acushnet expects approximately $30 million in net tariff refunds during 2026.
