Marinemax Inc income statement
In fiscal 2025, Marinemax Inc reported revenue of $2.31bn, down 5.0% on the year before, operating income of $34.0m (a 1.5% margin) and net income of −$31.6m, or −$1.43 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 | 2009Sept 2009 | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 589 | 450 | 481 | 524 | 584 | 625 | 751 | 942 | 1,052 | 1,177 | 1,237 | 1,510 | 2,063 | 2,308 | 2,395 | 2,431 | 2,309 | 2,196 |
| Cost of revenue | 500 | 340 | 361 | 391 | 434 | 463 | 567 | 716 | 787 | 879 | 914 | 1,111 | 1,404 | 1,502 | 1,559 | 1,630 | 1,559 | 1,445 |
| Gross profit | 89 | 111 | 119 | 133 | 151 | 162 | 185 | 226 | 265 | 298 | 323 | 399 | 659 | 806 | 835 | 801 | 750 | 751 |
| Selling, general and administrative | 160 | 124 | 128 | 128 | 133 | 146 | 159 | 186 | 220 | 235 | 262 | 292 | 450 | 541 | 635 | 673 | 647 | 684 |
| Operating income | −71 | −13 | −8 | 5 | 18 | 15 | 25 | 40 | 45 | 63 | 61 | 107 | 209 | 265 | 201 | 128 | 34 | 67 |
| Interest expense | 14 | 4 | 3 | 4 | 4 | 4 | 4 | 5 | 7 | 10 | 12 | 9 | 4 | 3 | 53 | 74 | 71 | 62 |
| Income before tax | −85 | −17 | −12 | 1 | 14 | 11 | 21 | 35 | 38 | 53 | 49 | 97 | 206 | 262 | 147 | 54 | −37 | 5 |
| Income tax | −9 | −20 | −0 | −0 | −1 | 0 | −27 | 12 | 14 | 14 | 13 | 23 | 51 | 64 | 38 | 16 | −6 | −0 |
| Net income | −77 | 2 | −12 | 1 | 15 | 11 | 48 | 23 | 24 | 39 | 36 | 75 | 155 | 198 | 109 | 38 | −32 | 4 |
| Diluted EPS | −$4.11 | $0.11 | −$0.52 | $0.05 | $0.63 | $0.46 | $1.92 | $0.91 | $0.95 | $1.71 | $1.57 | $3.37 | $6.78 | $8.84 | $4.87 | $1.65 | −$1.43 | $0.18 |
| Diluted shares (average) | 19m | 23m | 22m | 23m | 24m | 25m | 25m | 25m | 25m | 23m | 23m | 22m | 23m | 22m | 22m | 23m | 22m | 22m |
| EBITDA | −60 | −6 | −2 | 12 | 25 | 23 | 33 | 48 | 55 | 74 | 72 | 119 | 225 | 285 | 242 | 173 | 83 | 118 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 563 | 468 | 632 | 657 | 552 | 505 | 527 | 611 |
| Cost of revenue | 370 | 299 | 442 | 458 | 361 | 345 | 346 | 393 |
| Gross profit | 193 | 170 | 190 | 200 | 191 | 160 | 181 | 218 |
| Selling, general and administrative | 166 | 131 | 167 | 172 | 178 | 156 | 170 | 181 |
| Operating income | 27 | 39 | 23 | −42 | 14 | 5 | 11 | 37 |
| Interest expense | 18 | 19 | 18 | 17 | 17 | 16 | 15 | 14 |
| Income before tax | 9 | 20 | 5 | −58 | −3 | −11 | −4 | 23 |
| Income tax | 4 | 2 | 1 | −7 | −3 | −3 | −1 | 7 |
| Net income | 4 | 18 | 3 | −52 | −1 | −8 | −3 | 15 |
| Diluted EPS | $0.17 | $0.77 | $0.14 | −$2.42 | −$0.05 | −$0.36 | −$0.12 | $0.66 |
| EBITDA | 38 | 51 | 35 | −29 | 27 | 18 | 24 | 50 |
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