Callaway Golf Co balance sheet

At the end of fiscal 2025, Callaway Golf Co had total assets of $7.29bn and shareholders' equity of $2.07bn. It held $903m in cash against $1.46bn of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Callaway Golf Co: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	78	55	43	52	37	38	50	126	64	64	107	366	352	180	394	445	903	278
Receivables	—	145	116	91	92	110	116	128	63	71	140	138	105	167	201	137	123	316
Inventory	—	269	233	212	263	207	209	189	262	338	457	353	534	959	794	628	625	518
Total current assets	—	544	419	387	422	384	391	460	466	525	789	913	1,166	1,519	1,628	1,601	5,936	1,247
Goodwill	—	31	29	29	29	28	27	26	56	56	204	57	1,960	1,984	619	619	620	620
Total assets	—	876	727	638	664	625	631	801	991	1,053	1,961	1,981	7,748	8,590	9,121	7,636	7,286	2,783
Accounts payable	—	—	39	45	60	46	55	55	63	42	68	66	139	159	131	62	110	84
Deferred revenue (current)	—	—	—	—	—	—	—	—	—	—	2	3	94	11	13	16	22	16
Total current liabilities	—	175	168	162	226	184	179	187	314	303	523	391	866	1,176	948	826	4,368	410
Short-term debt	—	—	—	—	—	—	—	0	2	2	7	15	9	219	17	15	765	4
Long-term debt	—	—	—	—	—	—	—	0	9	7	443	651	1,025	1,176	1,518	1,414	651	4
Total debt	0	0	0	107	133	124	42	12	100	50	595	754	1,130	1,409	1,590	1,454	1,461	51
Shareholders' equity	701	684	510	319	285	292	413	599	650	725	767	676	3,683	3,774	3,878	2,408	2,069	2,162
Shares outstanding	—	—	—	—	—	—	—	—	—	—	—	96m	186m	—	—	—	—	—

US$ millions unless shown otherwise. Fiscal quarters.

Callaway Golf Co: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	286	137	372	338	219	123	394	316
Inventory	666	628	654	609	569	625	596	518
Total current assets	1,624	1,601	1,965	1,881	1,868	5,936	1,625	1,247
Goodwill	1,999	619	619	620	620	620	620	620
Total assets	9,158	7,636	7,694	7,607	7,570	7,286	3,181	2,783
Accounts payable	123	62	136	119	87	110	108	84
Deferred revenue (current)	96	16	16	16	78	22	16	16
Total current liabilities	843	826	929	1,016	999	4,368	714	410
Short-term debt	16	15	15	49	47	765	274	4
Long-term debt	1,461	1,414	1,455	1,195	1,192	651	153	4
Total debt	1,477	1,429	1,470	1,244	1,239	1,416	427	8
Shareholders' equity	3,936	2,408	2,427	2,488	2,476	2,069	2,124	2,162

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Callaway Golf Co's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Callaway Golf Co.