Malibu Boats (MBUU) Gross Margin (2012 - 2026)
Malibu Boats (MBUU) posted quarterly Gross Margin of 17.51% for Q1 2026, down 248.0% year-over-year from 11.83% in Q1 2025, and up 31.49% quarter-over-quarter from 13.32% in Q4 2025.
Malibu Boats (MBUU) Gross Margin (2012 - 2026) Analysis & Trends
Malibu Boats' Gross Margin history runs 15 years deep, the most recent figure standing at 17.51% for Q1 2026.
- In Q1 2026, Gross Margin fell 248.0% year-over-year to 17.51%; the TTM figure through Mar 2026 stood at 15.38% (down 93.0% YoY), while the FY2025 annual figure was 17.84%, up 10.0% from the prior year.
- Gross Margin for Q1 2026 stood at 17.51%, up from 13.32% in the prior quarter.
- The five-year high for Gross Margin was 28.21% in Q1 2022, with the low at 7.87% in Q2 2024.
- The 5-year median for Gross Margin is 19.83% (2024), against an average of 19.89%.
- The sharpest annual moves came in 2024 and 2025: Gross Margin tumbled 1965 bps in 2024, then jumped 794 bps in 2025.
- Malibu Boats' Gross Margin stood at 22.33% in 2022, then retreated by 21 bps to 17.75% in 2023, then gained by 5 bps to 18.68% in 2024, then decreased by 29 bps to 13.32% in 2025, then jumped by 31 bps to 17.51% in 2026.
- Business Quant data shows MBUU's Gross Margin at 17.51% in Q1 2026, 13.32% in Q4 2025, and 14.34% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.87 Bn | 4.32 Bn | 409.69 Mn | 23.48% |
| 2 | Thor Industries | 4.09 Bn | 3.72 Bn | 354.77 Mn | 12.75% |
| 3 | Polaris | 3.70 Bn | 3.39 Bn | - | - |
| 4 | Harley-Davidson | 2.89 Bn | 998.64 Mn | 421.12 Mn | 34.23% |
| 5 | Patrick Industries | 2.71 Bn | 2.68 Bn | 247.58 Mn | 23.77% |
| 6 | Lci Industries | 2.54 Bn | 2.33 Bn | 301.14 Mn | 31.09% |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 28.10% |
| 8 | Winnebago Industries | 909.85 Mn | 852.75 Mn | 94.90 Mn | 13.58% |
| 9 | Malibu Boats | 553.51 Mn | 503.34 Mn | 41.28 Mn | 17.51% |
| 10 | MasterCraft Boat Holdings | 404.21 Mn | 319.59 Mn | 19.54 Mn | 24.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.51% |
| Dec 31, 2025 | 13.32% |
| Sep 30, 2025 | 14.34% |
| Jun 30, 2025 | 15.81% |
| Mar 31, 2025 | 20.00% |
| Dec 31, 2024 | 18.68% |
| Sep 30, 2024 | 16.44% |
| Jun 30, 2024 | 7.87% |
| Mar 31, 2024 | 19.83% |
| Dec 31, 2023 | 17.75% |
| Sep 30, 2023 | 22.20% |
| Jun 30, 2023 | 27.52% |
| Mar 31, 2023 | 26.28% |
| Dec 31, 2022 | 22.33% |
| Sep 30, 2022 | 24.69% |
| Jun 30, 2022 | 25.38% |
| Mar 31, 2022 | 28.21% |
| Dec 31, 2021 | 24.08% |
| Sep 30, 2021 | 23.57% |
| Jun 30, 2021 | 25.02% |