CALLAWAY GOLF COMPANY ANNOUNCES THIRD QUARTER 2026 RESULTS
Key Highlights
- ➤Q3 net sales $436.9 million, down 5.6% year over year
- ➤Q3 Adjusted EBITDA $35.9 million, up 17.3% year over year
- ➤Gross margin increased 1,210 basis points to 51.9% GAAP
- ➤Full-year net sales outlook raised to $2.065 billion-$2.078 billion
- ➤Full-year Adjusted EBITDA outlook raised to $272 million-$280 million
Expert Statements
Chip Brewer, President and Chief Executive Officer of Callaway Golf Company
“We are pleased with our third quarter results, with revenue and Adjusted EBITDA exceeding expectations and continued strong progress on gross margins.”
Chip Brewer, President and Chief Executive Officer of Callaway Golf Company
“These results support an increase in our full-year outlook and demonstrate the benefits of our return to a focused, pure-play golf company.”
Chip Brewer, President and Chief Executive Officer of Callaway Golf Company
“We also are continuing to return capital to shareholders while investing to support long-term growth, including our new 3D printing capabilities.”
Chip Brewer, President and Chief Executive Officer of Callaway Golf Company
“With a strong balance sheet and a resilient golf consumer, we remain confident in our ability to strengthen our business and create long-term shareholder value.”
CALLAWAY GOLF COMPANY ANNOUNCES THIRD QUARTER 2026 RESULTS PR Newswire
* Q3 Net Sales and Adjusted EBITDA both exceeded expectations. * Q3 GAAP and Non-GAAP Gross Margin increased 1,210 basis points and 520 basis points year-over-year, respectively. * Year-to-date operating cash from continuing operations, excluding $44 million related to tariff refunds, increased 45% to $228 million. * Repurchased $135 million of common shares year to date through September 2026. * Increasing full year 2026 net sales outlook to $2.065 billion - $2.078 billion and Adjusted EBITDA outlook to $272 million - $280 million. CARLSBAD, Calif., Nov. 5, 2026 /PRNewswire/ -- Callaway Golf Company (the "Company," "Callaway," "we," "our," "us") (NYSE: CALY) announced its financial results for the third quarter ended September 30, 2026.
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