MasterCraft revenue rises 123.4% to $154.1 million

MasterCraft Boat Holdings (NASDAQ:MCFT) reported net sales of $154.1 million for the first three months of its transition period ended October 4, 2026, representing a 123.4% increase from the prior-year period.

Excluding the contribution from its Marine Products acquisition, net sales increased $25.8 million, or 37.4%, year-over-year.

The acquisition contributed $59.3 million in incremental revenue through the Recreation and Sport Fishing segment.

Income from continuing operations increased to $12.1 million, or $0.50 per diluted share, compared with $3.7 million, or $0.22 per diluted share, in the prior-year period.

Adjusted net income, a non-GAAP measure, reached $12.2 million, or $0.50 per diluted share, compared with $4.7 million, or $0.29 per diluted share, a year earlier.

Adjusted EBITDA increased to $20.1 million, up $13.1 million from the comparable period.

The results included acquisition and integration costs associated with the Marine Products transaction, which MasterCraft completed on May 15, 2026.

The company also repurchased $4.8 million of shares during the three-month period, leaving $18.7 million available under its share repurchase program.

MasterCraft changed its fiscal year-end from June 30 to December 31, effective July 1, 2026, following the merger.

The company expects to file a transition report covering the six-month period ending December 31, 2026, after which its financial reporting will follow the new calendar-year structure.