Growth Metrics

Malibu Boats (MBUU) Operating Expenses (2012 - 2026)

Malibu Boats' quarterly Operating Expenses came in at $31.8 million in Q1 2026, up 60.01% year-on-year from $19.8 million in Q1 2025, and up 52.43% quarter-over-quarter from $20.8 million in Q4 2025.

Malibu Boats has reported Operating Expenses for 15 years, with the latest figure at $31.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 60.01% year-over-year to $31.8 million; the trailing twelve-month figure through Mar 2026 stood at $92.2 million (down 3.17% YoY), and the FY2025 full-year result was $92.5 million, up 21.14% from the prior year.
  • Operating Expenses for Q1 2026 stood at $31.8 million, up from $20.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $118.0 million in Q2 2023, with the low at $15.4 million in Q4 2023.
  • Average Operating Expenses over 5 years is $26.6 million, with a median of $19.8 million recorded in 2025.
  • Year-over-year, Operating Expenses surged 587.26% in 2023 and sank 81.71% in 2024.
  • Tracing MBUU's Operating Expenses over 5 years: stood at $19.1 million in 2022, then slipped by 18.98% to $15.4 million in 2023, then jumped by 71.92% to $26.5 million in 2024, then dropped by 21.51% to $20.8 million in 2025, then jumped by 52.43% to $31.8 million in 2026.
  • The last three Operating Expenses figures came in at $31.8 million (Q1 2026), $20.8 million (Q4 2025), and $20.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brunswick 5.48 Bn 5.20 Bn 343.60 Mn 291.80 Mn
2 Thor Industries 4.17 Bn 3.93 Bn 251.25 Mn 212.02 Mn
3 Polaris 4.05 Bn 3.77 Bn - -
4 Brp 3.05 Bn 2.70 Bn 398.91 Mn 389.90 Mn
5 Patrick Industries 2.94 Bn 2.90 Bn 226.86 Mn 162.14 Mn
6 Harley-Davidson 2.66 Bn 2.68 Bn 266.45 Mn 1.15 Bn
7 Lci Industries 2.64 Bn 2.50 Bn 273.67 Mn 122.62 Mn
8 Winnebago Industries 837.26 Mn 789.86 Mn 85.60 Mn 73.80 Mn
9 Malibu Boats 526.29 Mn 480.05 Mn 41.28 Mn 31.76 Mn
10 MasterCraft Boat Holdings 376.07 Mn 291.65 Mn 19.54 Mn 20.84 Mn

Historic Data

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DateValue
Mar 31, 2026 31.76 Mn
Dec 31, 2025 20.84 Mn
Sep 30, 2025 20.77 Mn
Jun 30, 2025 18.83 Mn
Mar 31, 2025 19.85 Mn
Dec 31, 2024 26.55 Mn
Sep 30, 2024 27.24 Mn
Jun 30, 2024 21.57 Mn
Mar 31, 2024 18.61 Mn
Dec 31, 2023 15.44 Mn
Sep 30, 2023 20.71 Mn
Jun 30, 2023 117.96 Mn
Mar 31, 2023 19.46 Mn
Dec 31, 2022 19.06 Mn
Sep 30, 2022 19.22 Mn
Jun 30, 2022 17.16 Mn
Mar 31, 2022 17.13 Mn
Dec 31, 2021 15.99 Mn
Sep 30, 2021 16.09 Mn
Jun 30, 2021 16.82 Mn
Mar 31, 2021 18.40 Mn
Dec 31, 2020 15.04 Mn
Sep 30, 2020 11.65 Mn
Jun 30, 2020 9.52 Mn
Mar 31, 2020 9.64 Mn
Dec 31, 2019 10.08 Mn
Sep 30, 2019 10.67 Mn
Jun 30, 2019 11.73 Mn
Mar 31, 2019 12.32 Mn
Dec 31, 2018 11.23 Mn
Sep 30, 2018 8.97 Mn
Jun 30, 2018 8.99 Mn
Mar 31, 2018 7.86 Mn
Dec 31, 2017 7.44 Mn
Sep 30, 2017 7.07 Mn
Jun 30, 2017 9.27 Mn
Mar 31, 2017 6.00 Mn
Dec 31, 2016 3.45 Mn
Sep 30, 2016 6.06 Mn
Jun 30, 2016 7.98 Mn
Mar 31, 2016 4.46 Mn
Dec 31, 2015 4.19 Mn
Sep 30, 2015 4.63 Mn
Jun 30, 2015 2.72 Mn
Mar 31, 2015 6.12 Mn
Dec 31, 2014 4.54 Mn
Sep 30, 2014 6.43 Mn
Jun 30, 2014 24.65 Mn
Mar 31, 2014 10.30 Mn
Dec 31, 2013 3.07 Mn
Sep 30, 2013 1.96 Mn
Jun 30, 2013 2.88 Mn
Mar 31, 2013 4.15 Mn
Dec 31, 2012 2.64 Mn