Onewater Marine Inc. · NASDAQ:ONEW
Onewater Marine — Q2 2026 Earnings Presentation
9 slides from Onewater Marine's earnings presentation, Apr 30, 2026
Slide 1: OneWater Marine Inc. Announces Fiscal Second Quarter 2026 Results
NEWS RELEASE OneWater Marine Inc. Announces Fiscal Second Quarter 2026 Results 2026-04-30 Driving Margin Expansion and Strengthening Balance Sheet Fiscal Second Quarter 2026 Highlights Revenue decreased 9% to $442 million Same-store sales decreased 8% Gross pro t margin of 23.9% increased 110 bps GA
Slide 2: Fiscal Second Quarter 2026 Results
For the Three Months Ended March 31 2026 2025 $ Change % Change Revenues (unaudited, $ in thousands) New boat $ 272,042 $ 309,500 $ (37,458) (12.1)% Pre-owned boat 94,367 89,728 4,639 5.2% Finance & insurance income 14,021 15,003 (982) (6.5)% Service, parts & other 61,863 69,290 (7,427) (10.7)% Tota
Slide 3: Fiscal Year 2026 Guidance and Conference Call
including cash and availability under credit facilities, was $72.9 million. Total inventory as of March 31, 2026, decreased to $551.4 million, compared to $602.4 million on March 31, 2025, primarily re ecting disciplined inventory management and the sale of OBCI. Total long-term debt as of March 31,
Slide 4: Condensed Consolidated Statements of Operations and Balance Sheets
Total revenues 442,293 483,521 822,854 859,335 Gross pro t New boat 48,459 50,283 86,767 87,159 Pre-owned boat 17,717 15,851 32,319 27,067 Finance & insurance 14,021 15,003 22,913 24,403 Service, parts & other 25,333 29,274 52,924 55,836 Total gross pro t 105,530 110,411 194,923 194,465 Selling, gen
Slide 5: Reconciliation of Non-GAAP Financial Measures
STOCKHOLDERS’ EQUITY Total stockholders’ equity attributable to OneWater Marine Inc. 269,417 381,615 Equity attributable to non-controlling interests — — Total stockholders’ equity 269,417 381,615 Total liabilities and stockholders’ equity $ 1,375,816 $ 1,643,664 ONEWATER MARINE INC. Reconciliation
Slide 6: About OneWater Marine Inc. and Cautionary Statements
About OneWater Marine Inc. OneWater Marine Inc. is one of the largest and fastest-growing premium marine retailers in the United States. OneWater operates a total of 94 retail locations, 6 distribution centers / warehouses and multiple online marketplaces in 18 di erent states, several of which are
Slide 7: Non-GAAP Financial Measures and Key Performance Indicators
with the Securities and Exchange Commission, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of our Annual Report on Form 10-K for the scal year ended September 30, 2025 and in our subsequently led Quarterly Reports
Slide 8: Adjusted EBITDA definition
the e ects of our capital structure (such as varying levels of interest expense), asset base (such as depreciation and amortization) and other items (such as the change in fair value of contingent consideration, income tax (bene t) expense, restructuring and impairment, stock-based compensation and
Slide 9: Investor or Media Contact
we believe certain investors and analysts consider, adjusted long-term net debt, as well as adjusted long-term net debt divided by trailing twelve-month Adjusted EBITDA, to be an indicator of our nancial leverage. Same-Store Sales We de ne same-store sales as sales from our Dealership segment, exclu