The stock may react positively to revenue growth and dividend increase, but investors should monitor whether 2026 EBITDA guidance is achievable given margin pressure and past one-time gains. The debt refinancing impact is likely transitory, but sustained margin compression could limit upside.
Price Chart
Executive Summary
Acushnet Holdings reported full-year 2025 revenue of $2.56 billion, up 4.1% YoY, but net income declined 12% to $188.5 million due to a $17 million debt extinguishment loss, despite a $20.9 million gain from deconsolidating its FootJoy JV. Adjusted EBITDA rose 1.5% to $410.4 million. The company declared an 8.5% dividend increase and provided 2026 guidance forecasting sales of $2.625–$2.675 billion and Adjusted EBITDA of $415–$435 million.
Key Financial Metrics
Key Facts
- Full-year 2025 revenue: $2.56 billion (+4.1% YoY)
- Net income: $188.5 million (-12% YoY) due to $17M debt extinguishment loss
- Adjusted EBITDA: $410.4 million (+1.5% YoY)
- Q4 2025 revenue: $477.2 million (+7.2% YoY), but net loss of $34.9 million
- 2026 Outlook: Sales of $2.625–$2.675 billion, Adjusted EBITDA of $415–$435 million
- Dividend increased 8.5% to $0.255 per share
- Repurchased $211.5 million in shares during 2025
Financial Impact
Revenue growth of $101.6 million offset by $25.8 million decline in net income due to one-time charges; 2026 EBITDA guidance implies modest 1.2–7.1% growth
Segment Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Titleist golf equipment | $1.6B | +5.9% |
| FootJoy golf wear | $569.9M | -1.0% |
| Golf gear | $244.9M | +5.5% |
Risk Factors
- Declining net income despite revenue growth indicates margin pressure
- Adjusted EBITDA margin fell to 16.0% from 16.5% in 2024
- Future performance depends on successful product launches in 2026
- High leverage with long-term debt increasing to $926.2 million
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001672013-26-000053 |
| Document: golf-20260226.htm | 0001672013-26-000053 |
| Document: 0001672013-26-000053-index-headers.html | 0001672013-26-000053 |
| Document: 0001672013-26-000053-index.html | 0001672013-26-000053 |
| Document: 0001672013-26-000053.txt | 0001672013-26-000053 |
| CONTEXT: Previous Earnings (2026-02-26) | 0001672013-26-000053 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 17, 2026 6w ago | Institutional Cluster | $89.58 $83.60 | ▼ −6.68% | ▼ −5.69% | $84.25 (−5.95%) |
Apr 17, 2026 23w ago | DEFA14A | $98.11 $86.03 | ▼ −12.31% | ▼ −16.51% | $84.25 (−14.13%) |
Mar 4, 2026 30w ago | Insider Cluster | $99.28 $93.55 | ▼ −5.77% | ▼ −1.35% | $84.25 (−15.14%) |
Mar 4, 2026 30w ago | Insider Cluster | $99.28 $93.55 | ▼ −5.77% | ▼ −1.35% | $84.25 (−15.14%) |
Feb 26, 2026 31w ago | 8-K | $102.80 $91.06 | ▼ −11.42% | ▼ −5.02% | $84.25 (−18.04%) |
US Market Status
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