Acushnet Holdings Corp.
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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FY2025 · Filed Feb 27, 2026
GOLF$84.61+4.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Year ended December 31, | |||
|---|---|---|---|
| (in thousands, except share and per share amounts) | 2025 | 2024 | 2023 |
| Net sales | $2,558,730 | $2,457,091 | $2,381,995 |
| Cost of goods sold | 1,337,476 | 1,269,364 | 1,261,958 |
| Gross profit | 1,221,254 | 1,187,727 | 1,120,037 |
| Operating expenses: | |||
| Selling, general and administrative | 833,419 | 801,600 | 755,671 |
| Research and development | 76,506 | 67,841 | 64,839 |
| Intangible amortization | 11,901 | 14,024 | 14,222 |
| Income from operations | 299,428 | 304,262 | 285,305 |
| Interest expense, net (Note 19) | 58,288 | 52,637 | 41,288 |
| Loss on debt extinguishment (Note 11) | 16,970 | — | — |
| Other (income) expense, net (Note 19) | (15,356) | 1,958 | 2,417 |
| Income before income taxes | 239,526 | 249,667 | 241,600 |
| Income tax expense | 52,366 | 47,825 | 42,993 |
| Net income | 187,160 | 201,842 | 198,607 |
| Less: Net loss (income) attributable to noncontrolling interests | 1,385 | 12,456 | (178) |
| Net income attributable to Acushnet Holdings Corp. | $188,545 | $214,298 | $198,429 |
| Net income per common share attributable to Acushnet Holdings Corp.: | |||
| Basic | $3.13 | $3.38 | $2.96 |
| Diluted | 3.11 | 3.37 | 2.94 |
| Weighted average number of common shares: | |||
| Basic | 60,299,145 | 63,345,806 | 67,063,933 |
| Diluted | 60,568,052 | 63,648,238 | 67,517,105 |
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