MasterCraft Boat Holdings, Inc. filed its Form 10-Q with the SEC on November 10, 2026, covering the fiscal first quarter ended October 4, 2026, and reporting net income of $12.1 million on net sales of $154.1 million.

Key Highlights

  • Net sales of $154,139 thousand for the three months ended October 4, 2026, compared with $69,002 thousand in the prior-year period.
  • Gross profit of $32,458 thousand was reported, up from $15,396 thousand in the same period a year earlier.
  • Net income of $12,100 thousand for the quarter, versus $3,636 thousand in the three months ended September 28, 2025.
  • Diluted earnings per share of $0.50 from continuing operations, compared with $0.22 in the prior-year quarter.
  • Total assets of $508,276 thousand as of October 4, 2026, up from $500,432 thousand at June 30, 2026.
  • 24,167,471 shares of common stock were issued and outstanding as of November 4, 2026, according to the filing.

MasterCraft Boat Holdings Reports First-Quarter Results After Marine Products Integration

According to the filing, MasterCraft Boat Holdings (NASDAQ:MCFT) reported net sales of $154,139 thousand for its fiscal first quarter ended October 4, 2026, more than double the $69,002 thousand recorded in the comparable prior-year period. The company attributed forward-looking risks in part to "our ability to successfully integrate Marine Products Corporation" and cited this acquisition as a factor that could affect future performance. Cost of sales rose to $121,681 thousand from $53,606 thousand, leaving gross profit of $32,458 thousand compared with $15,396 thousand a year earlier.

Total operating expenses reached $20,477 thousand in the quarter, up from $11,618 thousand, driven by increases across selling and marketing ($5,640 thousand versus $2,907 thousand), general and administrative costs ($14,269 thousand versus $8,261 thousand), and amortization of other intangible assets ($568 thousand versus $450 thousand). Operating income was $11,981 thousand, compared with $3,778 thousand in the prior-year quarter. After interest and tax items, income from continuing operations was $12,103 thousand, with a loss from discontinued operations of $3 thousand, resulting in net income of $12,100 thousand.

On the balance sheet as of October 4, 2026, the filing reported total assets of $508,276 thousand, including goodwill of $134,865 thousand and other intangible assets, net, of $81,648 thousand. Cash and cash equivalents were $41,893 thousand, and inventories stood at $88,353 thousand. Total equity attributable to MasterCraft Boat Holdings, Inc. was $389,111 thousand, with retained earnings of $141,101 thousand. Shares issued and outstanding declined to 24,223,933 at October 4, 2026, from 24,437,538 at June 30, 2026. The filing contains forward-looking statements that, according to the company's cautionary language, involve risks and uncertainties and are not guarantees of performance or results.

What Was Disclosed

MasterCraft Boat Holdings filed its fiscal first-quarter 10-Q disclosing net sales of $154,139 thousand, net income of $12,100 thousand, diluted EPS of $0.50 from continuing operations, and total assets of $508,276 thousand as of October 4, 2026.