MarineMax, Inc. reports developments across recreational boat and yacht retailing, marina operations, superyacht brokerage and services, and marine product manufacturing. Its operating updates commonly cover new and used boat sales, parts and service, financing and insurance services, storage, yacht brokerage, charter vacations, and digital boating platforms.
Company news also includes subsidiary activity at IGY Marinas, Fraser Yachts Group, Northrop & Johnson, Cruisers Yachts, Intrepid Powerboats, SkipperBud’s, Boatyard, and Boatzon. Recurring themes include quarterly results, marina management agreements, superyacht sales activity, stock repurchase programs, board and shareholder communications, and expansion of service capabilities in boating markets.
MarineMax (NYSE: HZO) reported fiscal fourth-quarter revenue of $520.1 million, down from the prior-year period as boat sales declined. Same-store sales fell 5.7%, but gross margin rose 270 basis points to 37.4%. Net loss attributable to MarineMax widened to $13.0 million, or $0.59 per share, from $0.9 million, or $0.04 per share.
For fiscal 2026 ended September 30, revenue was $2.2 billion, and same-store sales fell 5.5%. Gross margin increased 240 basis points to 34.9%. The annual attributable net loss narrowed to $8.2 million from $31.6 million. Inventory fell 6.3% to $812.8 million. Safe Harbor's pending acquisition values MarineMax at approximately $1.5 billion, with holders receiving $53.00 per share in cash. MarineMax expects closing by the end of calendar 2026, subject to shareholder approval and customary closing conditions.
MarineMax (NYSE: HZO) plans to release its fourth-quarter and full-year fiscal 2026 results before the market opens on November 4, 2026.
With its acquisition by Safe Harbor Marinas pending, the company will not hold a results conference call and does not intend to provide fiscal 2027 financial guidance. The results release will be available at investor.marinemax.com.
Levin Capital Strategies, a top-10 shareholder of MarineMax (NYSE: HZO), publicly praised MarineMax’s board for securing a definitive agreement for an all-cash sale to Safe Harbor Marinas, a Blackstone Infrastructure portfolio company, at $53.00 per share.
According to Levin Capital, the cash consideration represents a 96% premium to MarineMax’s unaffected share price and provides immediate, certain value to shareholders. The firm noted it had urged the board in February 2026 to review strategic alternatives after an unsolicited proposal and believes the competitive sale process delivered significant value.
MarineMax (NYSE: HZO) agreed to be acquired by Safe Harbor Marinas, a Blackstone Infrastructure portfolio company, in an all-cash transaction valuing MarineMax at an enterprise value of approximately $1.5 billion. Safe Harbor will acquire all issued and outstanding MarineMax common shares for $53.00 per share in cash.
According to MarineMax, the price reflects a 96% premium to the January 30, 2026 closing price of $27.03 and a 110% premium to the 90-day VWAP ending that date. The deal follows a competitive strategic review and was unanimously approved by the Board. Closing is expected by year-end 2026, subject to regulatory approvals and MarineMax shareholder approval, and is not subject to a financing condition. Upon completion, MarineMax will become privately held and its shares will be delisted from the NYSE.
MarineMax (NYSE:HZO) reported fiscal 2026 Q3 revenue of $611.3 million, down 7.0% year over year amid a softer recreational marine market. Despite lower same-store sales of 7%, gross profit rose 9.2% to $218.1 million as gross margin expanded 530 basis points to 35.7%, aided by stronger new and used boat margins, growth in higher-margin businesses, and about 110 basis points from a tariff refund.
Net income was $15.4 million, or $0.66 per diluted share, versus a $52.1 million loss a year ago, which included a $69.1 million goodwill impairment. Adjusted diluted EPS was $0.81 and Adjusted EBITDA reached $51.3 million, up from $35.5 million. Inventories declined 13.0% to $788.6 million and cash increased to $174.8 million. MarineMax completed the refinancing of $1.49 billion in senior secured credit facilities, extending maturities to 2031, expanding revolver capacity and lowering borrowing costs. The company reaffirmed fiscal 2026 guidance for Adjusted EBITDA of $110–$125 million and adjusted EPS of $0.40–$0.95.
MarineMax (NYSE:HZO) will release its third quarter fiscal 2026 financial results before the NYSE opens on Thursday, July 23, 2026. A conference call hosted by CEO Brett McGill and CFO Mike McLamb will follow at 10:00 a.m. ET, with live webcast and one-year replay via the investor relations section of marinemax.com.
MarineMax (NYSE:HZO) announced a strategic partnership with NextBoat (NYSE American:NXB), an AI-powered marine technology company, dated July 8, 2026. The collaboration is expected to broaden distribution for Newcoast Financial Services by connecting its financing, insurance and F&I products to more pre-owned boat buyers and transactions via NextBoat’s AI-enabled marketplace platform.
According to MarineMax, the relationship supports its objective to grow higher-margin financing and insurance offerings and complements existing retail and financial services capabilities.
NextBoat (NYSE American:NXB) announced a strategic partnership with MarineMax (NYSE:HZO), the world's largest recreational boat and yacht retailer. MarineMax becomes NextBoat's preferred wholesale and trade-in partner, routing a significant share of pre-owned inventory through the NextBoat AI platform.
The platform provides AI-powered vessel valuations, rapid wholesale bidding, real-time transaction management, workflow tools, analytics, and integrated financing and insurance via MarineMax's Newcoast arm. MarineMax, with over $2.3 billion in annual revenue across 120 locations, is expected to increase platform volume and support expansion to additional marine industry participants.
MarineMax (NYSE:HZO) refinanced its $1.49 billion senior secured credit facilities, reducing borrowing costs, improving terms and extending debt maturities to June 2031, about five years longer.
The new package includes a $950M floor plan, $302.5M term loan, $150M revolver, and an $85M delayed-draw mortgage facility.
MarineMax (NYSE:HZO) announced an exclusive agreement with World Cat to distribute Ducari Yachts, a new line of luxury power catamarans. Ducari Yachts will be sold only through MarineMax, with the inaugural Ducari 37XIV Sport initially available at nine Florida locations.