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Segments

By segment

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Dealerships$15.18M-7.5%
Distribution$1.17M-19.8%

Other financials

Income statement

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Revenue$442.3M-8.5%
Gross profit$105.5M-4.4%
Operating income$7.6M-53.1%
EPS (diluted)-$0.78-3,800%

Balance sheet

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Cash & equivalents$68.4M+1.3%
Total debt$478.6M-15.4%
Total equity$269.4M-29.4%
Total assets$1.4B-16.3%

Cash flow

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Operating cash flow-$76.3M-104%
CapEx$2.3M-52.4%
Free cash flow-$78.2M-95.4%

Valuation

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Market cap$196.82M-31.1%
Enterprise value$607.1M-21.2%
P/S0.1×-0.1×

Profitability

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Gross margin23.3%-0.2pp
Operating margin-5.3%-8.6pp
Net margin-6.7%-7.1pp
FCF margin2.2%

Returns & leverage

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Return on equity-37.7%-39.8pp
Debt / equity1.8×+0.3×
Current ratio1.2×0.0×

Where this comes from

Reported directly by OneWater Marine Inc. in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: OneWater Marine Inc.’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0001772921-26-000037
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025Six Months Ended March 31, 2026Six Months Ended March 31, 2025
Income tax expense (benefit)5,526(148)(7,854)(5,410)
Net loss(12,901)(375)(20,612)(13,987)
Net loss attributable to non-controlling interests of One Water Marine Holdings, LLC71,648
Net loss attributable to OneWater Marine Inc.$(12,901)$(368)$(20,612)$(12,339)
Net loss per share of Class A common stock – basic$(0.78)$(0.02)$(1.24)$(0.80)
Net loss per share of Class A common stock – diluted$(0.78)$(0.02)$(1.24)$(0.80)
Basic weighted-average shares of Class A common stock outstanding16,61415,96816,57415,393
Diluted weighted-average shares of Class A common stock outstanding16,61415,96816,57415,393

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is OneWater Marine Inc.'s net income?
OneWater Marine Inc. (ONEW) reported net income of -$12.9M in Q1 2026.
How has OneWater Marine Inc.'s net income changed year-over-year?
OneWater Marine Inc.'s net income decreased by 3405.7% year-over-year, from -$368K to -$12.9M.
What is the long-term trend for OneWater Marine Inc.'s net income?
Over 4 years (2021 to 2025), OneWater Marine Inc.'s net income has grown at a 9.7% compound annual growth rate (CAGR), from $79.06M to -$114.58M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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