Callaway Golf posts Q3 2026 results and lifts full‑year outlook
+2 new sources since this summary was written
Callaway Golf Company reported third‑quarter 2026 net sales of $436.9 million, a 5.6% decline year‑over‑year on a reported basis, while adjusted EBITDA rose 17.3% to $35.9 million on a non‑GAAP basis. Gross margin improved to 51.9% on a GAAP basis (up 1,210 basis points YoY) and to 45.0% on a non‑GAAP basis (up 520 basis points YoY). The company raised its full‑year 2026 net‑sales outlook to $2.065 billion‑$2.078 billion (reported) and its adjusted EBITDA outlook to $272 million‑$280 million (non‑GAAP).
Why it matters
The raised revenue and EBITDA guidance signals stronger profitability than previously expected, which may support a higher valuation for CALY. The company also repurchased $135 million of shares YTD, returning capital to shareholders.
Key facts
- 1Q3 2026 net sales were $436.9 million, down 5.6% YoY on a reported basis. prnewswire.com
- 2Adjusted EBITDA for Q3 2026 was $35.9 million, up 17.3% YoY on a non‑GAAP basis. prnewswire.com
- 3GAAP gross margin was 51.9%, an increase of 1,210 basis points YoY. prnewswire.com
- 4Non‑GAAP gross margin was 45.0%, an increase of 520 basis points YoY. prnewswire.com
- 5Full‑year 2026 net‑sales outlook was raised to $2.065 billion‑$2.078 billion (reported). prnewswire.com
- 6Full‑year 2026 adjusted EBITDA outlook was raised to $272 million‑$280 million (non‑GAAP). prnewswire.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.