OneWater Marine Inc. (ONEW) Tops Q3 EPS by 2c, Misses on Revenue; Offers FY26 Guidance

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OneWater Marine Inc. Announces Fiscal Third Quarter 2026 Results

July 30, 2026 7:00 AM EDT

Delivered Margin Expansion, Continued Debt Reduction, and Improved Profitability

Fiscal Third Quarter 2026 Highlights

Revenue decreased 4% to $531 million, primarily driven by impact of the Ocean Bio-Chem ("OBCI") divestiture Same-store sales decreased 2% Gross profit margin of 24.0% increased 70 bps GAAP net income of $12 million, or $0.69 per diluted share; adjusted diluted earnings per share1 was $0.73 Adjusted EBITDA1 increased 15% to $38 million from $33 million in the prior year quarter Adjusted net debt leverage ratio1 improved to 3.7x from 5.8x in the prior year quarter

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