Acushnet Holdings Corp. income statement
In fiscal 2025, Acushnet Holdings Corp. reported revenue of $2.56bn, up 4.1% on the year before, operating income of $299m (a 11.7% margin) and net income of $189m, or $3.11 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,538 | 1,503 | 1,572 | 1,560 | 1,634 | 1,681 | 1,612 | 2,148 | 2,270 | 2,382 | 2,457 | 2,559 | 2,708 |
| Cost of revenue | — | — | 773 | 758 | 791 | 809 | 782 | 1,029 | 1,222 | 1,262 | 1,269 | 1,337 | 1,377 |
| Gross profit | 758 | 776 | 799 | 802 | 842 | 872 | 830 | 1,118 | 1,049 | 1,120 | 1,188 | 1,221 | 1,331 |
| Research and development | 44 | 46 | 48 | 47 | 51 | 52 | 49 | 55 | 56 | 65 | 68 | 77 | 79 |
| Selling, general and administrative | 603 | 604 | 600 | 578 | 612 | 628 | 611 | 795 | 703 | 756 | 802 | 833 | 871 |
| Operating income | 104 | 118 | 143 | 170 | 172 | 186 | 145 | 260 | 282 | 285 | 304 | 299 | 372 |
| Interest expense | 64 | 60 | 50 | — | — | 0 | — | — | — | — | — | — | — |
| Net interest income | — | −60 | −50 | −16 | −18 | −20 | −16 | −8 | −13 | −41 | — | — | — |
| Income before tax | 158 | 168 | 165 | 152 | 150 | 165 | 113 | 248 | 259 | 242 | 250 | 240 | 295 |
| Income tax | 17 | 28 | 40 | 48 | 47 | 41 | 13 | 64 | 54 | 43 | 48 | 52 | 75 |
| Net income | 22 | −1 | 45 | 99 | 100 | 121 | 96 | 179 | 199 | 198 | 214 | 189 | 220 |
| Diluted EPS | $0.23 | −$0.74 | $0.62 | $1.32 | $1.32 | $1.60 | $1.28 | $2.38 | $2.75 | $2.94 | $3.37 | $3.11 | $3.66 |
| Diluted shares (average) | 17m | 20m | 64m | 75m | 75m | 76m | 75m | 75m | 73m | 68m | 64m | 61m | 60m |
| EBITDA | 147 | 159 | 183 | 211 | 213 | 229 | 191 | 301 | 323 | 337 | 360 | 355 | 424 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 621 | 445 | 703 | 720 | 658 | 477 | 753 | 820 |
| Cost of revenue | 316 | 237 | 366 | 366 | 339 | 267 | 398 | 374 |
| Gross profit | 304 | 208 | 337 | 354 | 319 | 211 | 355 | 446 |
| Research and development | 19 | 16 | 19 | 19 | 19 | 20 | 19 | 21 |
| Selling, general and administrative | 200 | 193 | 200 | 222 | 205 | 206 | 214 | 246 |
| Operating income | 82 | −5 | 115 | 110 | 93 | −18 | 120 | 177 |
| Income before tax | 68 | −18 | 121 | 94 | 77 | −51 | 105 | 164 |
| Income tax | 13 | −10 | 22 | 19 | 29 | −16 | 24 | 39 |
| Net income | 56 | −1 | 99 | 76 | 49 | −35 | 81 | 125 |
| Diluted EPS | $0.89 | $0.01 | $1.62 | $1.25 | $0.81 | −$0.57 | $1.36 | $2.08 |
| EBITDA | 96 | 9 | 129 | 125 | 106 | −5 | 133 | 190 |
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