Vision Marine Technologies (VMAR) Retained Earnings (2023 - 2026)

Vision Marine Technologies (VMAR) reported Retained Earnings of -$77.8 million for Q1 2026, down 8.63% on a QoQ basis from -$71.6 million in Q3 2025.

Vision Marine Technologies (VMAR) has 4 years of Retained Earnings data on file, last reported at -$77.8 million in Q1 2026.

  • Quarterly Retained Earnings changed N/A year-over-year to -$77.8 million in Q1 2026, while the trailing twelve-month figure through Feb 2026 was -$77.8 million (changed N/A YoY) and the FY2025 annual result came in at -$71.6 million, down 43.37% from the prior year.
  • Retained Earnings retreated to -$77.8 million in Q1 2026 per VMAR's latest filing, from -$71.6 million in the prior quarter.
  • Across five years, Retained Earnings topped out at -$39.5 million in Q3 2023 and bottomed at -$77.8 million in Q1 2026.
  • The 4-year median for Retained Earnings is -$49.9 million (2024), against an average of -$56.6 million.
  • The widest annual swing landed in 2024, when Retained Earnings dropped 26.26%; it then tumbled 43.37% in 2025.
  • Tracing VMAR's Retained Earnings over 4 years: stood at -$39.5 million in 2023, then fell by 26.26% to -$49.9 million in 2024, then plunged by 43.37% to -$71.6 million in 2025, then dropped by 8.63% to -$77.8 million in 2026.
  • Per Business Quant, the three latest VMAR Retained Earnings figures stand at -$77.8 million (Q1 2026), -$71.6 million (Q3 2025), and -$49.9 million (Q3 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Brunswick 5.48 Bn 5.20 Bn 343.60 Mn -17.70 Mn
2 Thor Industries 4.17 Bn 3.93 Bn 251.25 Mn 84.39 Mn
3 Polaris 4.05 Bn 3.77 Bn - -560.30 Mn
4 Brp 3.05 Bn 2.70 Bn 398.91 Mn -
5 Patrick Industries 2.94 Bn 2.90 Bn 226.86 Mn -825,000.00
6 Harley-Davidson 2.66 Bn 2.68 Bn 266.45 Mn -272.10 Mn
7 Lci Industries 2.64 Bn 2.50 Bn 273.67 Mn 1.31 Bn
8 Winnebago Industries 837.26 Mn 789.86 Mn 85.60 Mn -400,000.00
9 Malibu Boats 526.29 Mn 480.05 Mn 41.28 Mn -9.10 Mn
10 Vision Marine Technologies 7,923.06 -4.05 Mn 4.40 Mn -77.76 Mn

Historic Data

Download Data 🔒
DateValue
Feb 28, 2026 -77.76 Mn
Aug 31, 2025 -71.58 Mn
Aug 31, 2024 -49.93 Mn
Aug 31, 2023 -39.55 Mn
Feb 28, 2023 -44.16 Mn