Acushnet Holdings Corp. reported nine-month net sales growth of 6.8%, driven by higher Titleist golf equipment sales, while gross profit increased $112.5 million, including $44.7 million of IEEPA tariff refund benefits. Third-quarter net sales fell 1.3%.
GOLF · Acushnet Holdings Corp.
10 customers — 20% of revenue (the year ended December 31, 2025)
“However, our top ten customers accounted for approximately 20% of our consolidated net sales in the year ended December 31, 2025.”
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Acushnet reported third-quarter worldwide net sales of $649 million, down 1% constant currency, and adjusted EBITDA of $115 million, down 3%. Year-to-date net sales were $2.22 billion, up 6%, while adjusted EBITDA reached $468 million, up 17%.
Acushnet Holdings Corp. reported nine-month net sales of $2,222.2 million, up 6.8%, and Adjusted EBITDA of $467.8 million, up 16.8%. Third-quarter net sales fell 1.3%, but full-year net sales guidance remained approximately $2,650 to $2,675 million.
Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q2 FY26 earnings call · Aug 6, 2026TL;DR. Acushnet delivered double-digit second-quarter and first-half sales growth, higher net income and adjusted EBITDA, and raised full-year guidance amid successful GTS launches and healthy participation. Underlying gross margin declined, product and freight costs remain elevated, and launch timing is expected to drive second-half sales and adjusted EBITDA declines.
- + The accelerated GTS drivers and fairways launch was successful and strengthened equipment growth.
- + Golf industry fundamentals and participation remained healthy.
- + Management expects meaningful full-year free-cash-flow improvement and returned capital through dividends and repurchases.
- − First-half gross margin excluding the net tariff-refund benefit declined 50 basis points year over year.
- − The raised outlook includes a one-time approximately $30 million net IEEPA tariff-refund benefit.
- − Expected tariff relief is largely offset by higher product and freight costs, including synthetic rubber and tungsten.
- − The GTS timing shift and inventory preparation for the 2027 Pro V1 launch create second-half comparison headwinds.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
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Guidance & track record
Still-open targets the latest release did not restate under the same label.
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $353.1M | Six months ended June 30, 2026 | — |
| Adjusted EBITDA margin non-GAAP | 22.5% | Six months ended June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Leisure — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
GOLF
this stock
Acushnet Holdings Corp.
|
$4.74B | +3.9% | +4.7% | 22.4 | 4.1% |
|
AS
Amer Sports, Inc.
|
$17.42B | -19.8% | — | — | 2.4% |
|
HAS
Hasbro, Inc.
|
$16.86B | +47.0% | +13.1% | 17.9 | 4.5% |
|
LTH
Life Time Group Holdings, Inc.
|
$10.45B | +75.0% | +14.3% | 25.2 | 4.5% |
|
GWKSY
Games Workshop Group PLC
|
$7.34B | -16.2% | — | — | 0.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Nov 4, 2026
- This year
- 14
Acushnet Holdings Corp. reported nine-month net sales growth of 6.8%, driven by higher Titleist golf equipment sales, while gross profit increased $112.5 million, including $44.7 million of IEEPA tariff refund benefits. Third-quarter net sales fell 1.3%.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| GOLF | +2.7% | +3.4% | -7.8% | -2.7% | +3.9% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | +0.1% | +4.5% | -8.3% | -2.5% | -6.7% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.