MarineMax Reports Fiscal 2026 Fourth Quarter and Full Year Results
Business Wire•04/11/2026•06:45 ET
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Key Highlights
- ➤Safe Harbor will acquire MarineMax for $53.00 per share in cash, valuing it at approximately $1.5 billion
- ➤Fourth-quarter adjusted EBITDA increased 26% to $21.8 million
- ➤Fourth-quarter gross margin expanded 270 basis points to 37.4%
- ➤Full-year adjusted diluted earnings per share increased to $0.58 from $0.42
- ➤Fiscal 2026 inventories declined 6.3% to $812.8 million
Expert Statements
Brett McGill, Chief Executive Officer and President of MarineMax
“Fiscal 2026 demonstrated the strength of MarineMax's diversified business model and the benefits of our strategic investments to broaden our marine offerings and expand our presence in durable, higher-margin businesses.”
Brett McGill, Chief Executive Officer and President of MarineMax
“Despite a challenging retail environment, contributions from across our portfolio helped offset market pressures, underscoring the value of our diversification strategy.”
Brett McGill, Chief Executive Officer and President of MarineMax
“Since 2019, we have expanded our higher-margin, non-boat revenue streams, contributing to a significant improvement in gross margin from 26.1% in fiscal 2019 to 34.9% in fiscal 2026.”
Brett McGill, Chief Executive Officer and President of MarineMax
“Our previously announced agreement to be acquired by Safe Harbor represents an important milestone for MarineMax and reflects the value we have created by building a broader and more diversified marine business.”
Brett McGill, Chief Executive Officer and President of MarineMax
“The combination of our complementary businesses will create opportunities to improve our offerings, deepen customer and industry relationships, and support continued growth.”
Brett McGill, Chief Executive Officer and President of MarineMax
“As we move toward completing the transaction, we remain focused on serving our customers, supporting our partners, and executing our strategic priorities across the business.”
MarineMax Reports Fiscal 2026 Fourth Quarter and Full Year Results
~Growth From Higher-Margin Businesses Drives Gross Margin Expansion Despite Challenging Retail Environment~
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