Marinemax, Inc. (fl) · NYSE:HZO
Marinemax, Inc. (fl) — Q1 2026 Earnings Presentation
20 slides from Marinemax, Inc. (fl)'s earnings presentation, Jan 29, 2026
Slide 1: Q1 FY 2026 Investor Presentation
Q1 FY 2026 Investor Presentation January 29, 2026
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements in this presentation are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events, and may be identified by the use of words such as “anticipate,” “believe,” “contemp
Slide 3: Non-GAAP Financial Measures
Non-GAAP Financial Measures This presentation contains “Adjusted net (loss) income attributable to MarineMax, Inc.,” “Adjusted diluted net (loss) income per common share,” “Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization” (“Adjusted EBITDA”), and “Adjusted selling, general an
Slide 4: MarineMax: A Worldwide Leader in Products, Services, and Experiences for the Recreational Marine Market
MarineMax: A Worldwide Leader in Products, Services, and Experiences for the Recreational Marine Market • Over 70 boat dealerships featuring more than 30 exclusively marketed boat brands • Portfolio of more than 65 marina and storage locations across 15+ countries, highlighted by flagship brand, IGY
Slide 5: Our Strategic Ambition
Our Strategic Ambition Achieve top-tier market performance as the premier global leader in boating and yachting, offering an unmatched and diverse portfolio of recreational experiences 5
Slide 6: Expanding Leadership Across Diverse Lines of Business
Expanding Leadership Across Diverse Lines of Business Acquisition History Since 2019 New Wave Finance & Product Retail Operations Superyacht Services IGY Marinas Innovations Insurance Manufacturing More Than 20 Acquisitions Since 2019 • >$700 million of combined revenue • Skewed toward higher-margin
Slide 7: Strategic Priorities by Business
Strategic Priorities by Business Finance & Retail Store Superyacht IGY New Wave Insurance Product Operations Services Marinas Innovations Services Manufacturing Strategic Focus Innovation & Value Premium Ecosystem Early-stage Growth & Focused Growth Focused Growth Creation Integration Growth Efficie
Slide 8: Revenue Performance
Revenue Performance ($ in billions) $2.39 $2.43 $2.31 $2.31 $2.06 $1.51 $1.24 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 8
Slide 9: We Provide Customers With a Highly Differentiated Boating Experience
We Provide Customers With a Highly Differentiated Boating Experience More Than 30 Exclusively Marketed Brands, Including: 9
Slide 10: Non-Boat Revenue Streams Have Significantly Expanded Our Margin Profile Since 2019
Non-Boat Revenue Streams Have Significantly Expanded Our Margin Profile Since 2019 Growth in Non-Boat Sales and Total Gross Margin Improvement (FY19 vs. FY25) FY25 Consolidated Gross Margin: 32.5% FY19 Consolidated Gross Margin: 26.1% 26.2% 15.0% FY 2019* FY 2025 Maintenace and repair Storage and ch
Slide 11: Building Our Technology Footprint by Creating a Seamless Digital Experience for Customers
Building Our Technology Footprint by Creating a Seamless Digital Experience for Customers Leveraging digital and Introduced award-winning Soundings Trade Only Newly formed entity, New marketing analytics, plus, MarineMax App, to give ”Most Innovative Marine Wave Innovations, serves artificial intell
Slide 12: Our Leadership Team Has Deep Industry Experience Across Economic and Market Cycles
Our Leadership Team Has Deep Industry Experience Across Economic and Market Cycles Brett McGill Mike McLamb Shawn Berg Anthony Cassella Chief Executive Officer and Executive Vice President, Chief Executive Vice President, Executive Vice President Finance President Financial Officer and Secretary Chi
Slide 13: Strategy for Unlocking Additional Value-Creation Potential
Strategy for Unlocking Additional Value-Creation Potential Pillar 1 Pillar 2 Pillar 3 Leverage Strengths & Expand Footprint via Drive More Efficient Innovation Prudent M&A Operations F O U N D AT I O N A L E N A B L E R S Culture of Customer Excellence + Disciplined Capital Allocation + Strong Gover
Slide 14: Delivering Meaningfully on Long-Term Strategic Plan
Delivering Meaningfully on Long-Term Strategic Plan Strengthening Driving More Improving Our the Portfolio Efficient Operations Financial Profile ✓ Completed 20 acquisitions since 2019 ✓ Rationalizing store base in ✓ Achieved >30% gross margins – roughly $700M of high-margin support of expense vs. h
Slide 15: Q1 FY 2026 Financial Performance
Q1 FY 2026 Financial Performance Revenue Gross Margin Key Messages 2026 $505.2M 2026 31.8% Higher revenue was driven by 2025 $468.5M 2025 36.2% increased comparable store sales, largely due to a shift in mix toward larger, premium products Income from Operations Adjusted EBITDA* Lower gross margin r
Slide 16: Balance Sheet Highlights as of December 31, 2025
Balance Sheet Highlights as of December 31, 2025 Key Messages Cash and cash equivalents Inventories YoY increase in cash and cash 2026 $164.6M 2026 $867.9M equivalents primarily due to stronger revenue vs last year 2025 $145.0M 2025 $1.0B Inventories decreased year-over- year primarily due to action
Slide 17: Guidance (as of January 29, 2026) Fiscal 2026
Guidance (as of January 29, 2026) Fiscal 2026 Metric Range Adjusted EBITDA* $110 million to $125 million Adjusted Net Income* $0.40 to $0.95 per diluted share * MarineMax’s fiscal 2026 guidance excludes the potential impact of material acquisitions or other unforeseen developments, including changes
Slide 18: Appendix
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Slide 19: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation MarineMax, Inc. and Subsidiaries Supplemental Financial Information (Amounts in thousands) (Unaudited) Three Months Ended December 31, 2025 2024 Net (loss) income attributable to MarineMax, Inc. $ (7,926) $ 18,066 Interest expense (excluding floor plan) 7,355 8,401 Inc
Slide 20: Adjusted Net (Loss) Income Reconciliation
Adjusted Net (Loss) Income Reconciliation MarineMax, Inc. and Subsidiaries Supplemental Financial Information (Amounts in thousands, except share and per share data) (Unaudited) Three Months Ended December 31, 2025 2024 Net (loss) income attributable to MarineMax, Inc. $ (7,926) $ 18,066 Transaction