Malibu Boats, Inc. filings document formal disclosures for a Delaware recreational powerboat company listed on Nasdaq under MBUU. Recent 8-K reports furnish quarterly and fiscal-year results, including segment sales, unit-volume trends, profitability measures, cash flow and share repurchase activity across the Malibu, Saltwater Fishing, Cobalt and Saxdor reporting areas.
The company’s SEC record also includes material-event disclosures for the completed Saxdor acquisition, including purchase consideration, financing sources, earnout provisions and related common-stock issuance. Proxy and annual-meeting filings cover director elections, auditor ratification, advisory executive-compensation votes, voting mechanics for Class A and Class B common stock, officer transitions, compensation arrangements and other governance matters.
Malibu Boats, Inc. (MBUU) filed updated unaudited pro forma condensed combined financial information for the fiscal year ended June 30, 2026 to reflect its March 2, 2026 acquisition of Finnish boat maker Saxdor Yachts Oy. The pro forma statement is prepared under Article 11 of Regulation S‑X and is presented for informational purposes only.
The Company acquired Saxdor for an aggregate purchase price of about $203.9 million, consisting of $131.3 million in cash, 1,523,794 Malibu common shares and earnout consideration initially valued at $32.6 million, with a maximum potential payout of $84.2 million. The cash portion was funded using cash on hand and a $140 million draw on Malibu’s revolving credit facility bearing interest at 4.88% and maturing July 10, 2031.
On a pro forma basis, combined net sales for fiscal 2026 would have been $1,050.9 million, with a pro forma net loss attributable to Malibu Boats, Inc. of $(2.2) million, or $(0.11) per basic and diluted share, based on 20,828,565 weighted-average shares. The pro forma results incorporate fair-value based amortization of acquired intangibles and incremental interest expense from the Revolver draw and are subject to change as purchase accounting is finalized.
Malibu Boats, Inc. (MBUU) describes a large, branded recreational powerboat platform spanning performance sport boats, sterndrive boats, outboard boats and premium adventure dayboats under nine brands, including Malibu, Axis, Cobalt, Pursuit, Maverick Boat Group and Saxdor. As of June 30, 2026 it sold through over 345 dealer locations in 68 countries.
The company targets three of the four largest U.S. recreational powerboat categories, with a 2025 U.S. addressable market of 156,754 units and $14.6 billion in retail sales. Malibu highlights proprietary technologies such as Surf Gate, Surf Band and Malibu Monsoon engines, and continues a strategy of vertical integration (engines, trailers, towers, wiring harnesses) and acquisitions, most recently Saxdor in March 2026.
Operations are capital- and fixed-cost intensive, with 11 manufacturing facilities across the U.S., Australia, Poland and Finland and about 3,000 employees62.4% of 2026 net sales, and OneWater Marine dealers represented 22.3% of consolidated 2026 sales. Malibu Boats, Inc. is a holding company owning about 98.6% of Malibu Boats Holdings, LLC as of June 30, 2026, and is party to a tax receivable agreement with pre-IPO owners.
Malibu Boats, Inc. (MBUU) reported strong fourth‑quarter fiscal 2026 results but a much weaker full year as acquisition and cost pressures weighed on GAAP earnings. For Q4, net sales rose 42.7% to $295.5 million, net income grew 53.7% to $7.4 million, and Adjusted EBITDA increased 72.7% to $33.9 million, with gross margin improving to 17.7%.
For fiscal 2026, net sales increased 13.3% to $914.6 million, but GAAP net income fell 88.8% to $1.7 million and net income margin dropped to 0.2%, while Adjusted EBITDA slipped 1.1% to $73.9 million and Adjusted EBITDA margin declined to 8.1%. Saxdor contributed $84.3 million of revenue and higher costs, helping drive lower full‑year margins.
The company ended June 30, 2026 with $74.4 million of cash and $165.0 million of long‑term debt, generated $67.5 million of operating cash flow and $43.2 million of free cash flow, refinanced its credit facility to a 2031 maturity, and the board authorized a $70 million fiscal 2027 share repurchase program. Guidance for fiscal 2027 calls for net sales of $1.08–$1.12 billion and Adjusted EBITDA of $101–$109 million.
Malibu Boats, Inc. (MBUU) reports a planned board change. On August 18, 2026, director Michael J. Connolly informed the board that he will not stand for re-election at the company’s 2026 annual meeting of stockholders and will serve until his current term expires at that meeting.
The company states that Mr. Connolly’s decision is not due to any disagreement regarding operations, policies, or practices. On August 20, 2026, the board acted under Section 3.02 of the company’s Bylaws to reduce the board size from nine to eight directors, effective upon the expiration of Mr. Connolly’s term at the 2026 annual meeting.
Twin Lions Management LLC and Timothy Abbott report beneficial ownership of Malibu Boats, Inc. Class A Common Stock. They report an aggregate of 504,210 shares, representing 2.6% of the class as of June 30, 2026. All shares are directly owned by advisory clients of Twin Lions, with Twin Lions and Abbott having shared voting and dispositive power over all 504,210 shares and no sole power. The reporting persons state that none of the advisory clients individually beneficially owns more than 5% of the Class A Common Stock and each reporting person disclaims beneficial ownership beyond any pecuniary interest.
Malibu Boats, Inc. has a Schedule 13G/A (Amendment No. 1) filed by Nomura Asset Management International Inc. and Nomura Investment Management Business Trust regarding the company’s Class A Common Stock.
The reporting entities state they beneficially own 0 shares, representing 0% of the class, with no sole or shared voting or dispositive power, and indicate ownership of 5 percent or less of the class.
Wellington Management Group LLP and affiliates report beneficial ownership of Malibu Boats, Inc. common stock on an amended Schedule 13G. The group reports beneficial ownership of 1,237,871 shares, representing 6.3% of the outstanding common stock as of 06/30/2026.
The shares are held of record by clients of various Wellington investment advisers. Wellington and its holding companies report no sole voting or dispositive power, but shared voting power over 1,047,136 shares and shared dispositive power over 1,237,871 shares. No individual client is reported to hold more than five percent of the class.
Malibu Boats, Inc. director and Chief Executive Officer Steven Menneto reported a withholding of 5,296 shares of Class A Common Stock on August 5, 2026 to satisfy tax obligations. The shares were valued at $29.24 per share and were withheld in connection with the vesting of 14,688 restricted stock units granted on August 5, 2024. After this tax-withholding disposition, Menneto directly holds 82,539 shares of Class A Common Stock.
Cooke & Bieler L.P., a Pennsylvania limited partnership, reports beneficial ownership of 1,103,942 shares of Malibu Boats, Inc. common stock. This position represents 5.6% of the outstanding common stock. Cooke & Bieler has shared voting power over 1,094,277 shares and shared dispositive power over 1,103,942 shares, with no sole voting or dispositive power.
Malibu Boats, Inc., through subsidiary Malibu Boats, LLC, entered into a Fourth Amended and Restated Credit Agreement with Truist Bank and other lenders, replacing the July 8, 2022 facility. The new agreement provides a $250.0 million revolving credit facility and a $100.0 million term loan facility, each maturing on July 10, 2031.
At closing, the Borrower drew the full $100.0 million term loan and used the proceeds to repay revolving borrowings, leaving $65.0 million outstanding under the revolver. The agreement allows optional incremental term or revolving commitments of up to $100.0 million plus additional amounts, subject to a 2.50:1.00 consolidated leverage ratio and lender participation. Borrowings bear interest at benchmark-based rates plus margins ranging from 1.25%–2.00% for SOFR and alternative currency loans and 0.25%–1.00% for Base Rate loans, with a 0.15%–0.30% commitment fee on unused revolver capacity. Obligations are guaranteed by Malibu Boats Holdings, LLC and certain subsidiaries and secured by substantially all of their assets, and are subject to customary covenants, financial ratio tests and events of default.