Malibu Boats (MBUU) Gross Margin (2012 - 2026)
Malibu Boats (MBUU) posted Gross Margin of 17.66% for Q2 2026, up 0.84% on a QoQ basis from 17.51% in Q1 2026, and up 185.0% year-over-year from 6.2% in Q2 2025.
Analysis
Malibu Boats (MBUU) Gross Margin (2012 - 2026) Analysis & Trends
Malibu Boats has reported Gross Margin for 15 years, with the latest figure at 17.66% in Q2 2026.
- On a quarterly basis, Gross Margin rose 185.0% year-over-year to 17.66% in Q2 2026; TTM through Jun 2026 was 16.02%, a 182.0% decrease from a year earlier, with the FY2026 full-year figure at 16.02%, down 182.0% from the prior year.
- Gross Margin was 17.66% for Q2 2026 at Malibu Boats, up from 17.51% 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.
- Average Gross Margin over 5 years is 19.77%, with a median of 19.26% recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Gross Margin tumbled 1965 bps in 2024, then soared 794 bps in 2025.
- Over 5 years, Gross Margin stood at 22.33% in 2022, then slipped by 21 bps to 17.75% in 2023, then climbed by 5 bps to 18.68% in 2024, then dropped by 29 bps to 13.32% in 2025, then surged by 33 bps to 17.66% in 2026.
- The last three Gross Margin figures came in at 17.66% (Q2 2026), 17.51% (Q1 2026), and 13.32% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thor Industries | 3.77 Bn | 3.40 Bn | 354.77 Mn | 12.75% |
| 2 | Polaris | 3.42 Bn | 3.12 Bn | - | - |
| 3 | Harley-Davidson | 2.81 Bn | 917.71 Mn | 421.12 Mn | 34.23% |
| 4 | Brunswick | 1.58 Bn | 1.27 Bn | 437.80 Mn | 28.10% |
| 5 | Winnebago Industries | 820.70 Mn | 763.60 Mn | 94.90 Mn | 13.58% |
| 6 | Malibu Boats | 500.77 Mn | 426.35 Mn | 52.19 Mn | 17.66% |
| 7 | MasterCraft Boat Holdings | 373.87 Mn | 289.25 Mn | 19.54 Mn | 24.99% |
| 8 | Niu Technologies | 166.97 Mn | -28.16 Mn | 33.95 Mn | 15.99% |
| 9 | Massimo | 40.81 Mn | 36.17 Mn | 7.28 Mn | 48.81% |
| 10 | Gogoro | 39.84 Mn | -29.01 Mn | 15.96 Mn | 22.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.66% |
| 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% |