)
Marine Products (MPX) investor relations material
Marine Products Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales rose 13% year-over-year to $66.5 million, driven by a 15% price/mix increase despite a 1% decrease in units sold.
Reported net loss of $2.1 million, compared to net income of $2.2 million in the prior year, primarily due to $5.0 million in merger-related costs.
Adjusted net income was $1.8 million, with adjusted diluted EPS of $0.05.
Ended the quarter with $45.8 million in cash and no debt.
Financial highlights
Gross profit increased 1% to $11.1 million; gross margin declined 200 basis points to 16.6% due to higher labor and overhead costs.
(LBITDA) EBITDA was $(1.9) million, down from $3.4 million; margin decreased 870 basis points to (2.9)%.
Selling, general and administrative expenses rose 6% to $8.8 million, representing 13.3% of net sales.
Free cash flow was $8.6 million for the quarter.
Outlook and guidance
The merger with MasterCraft is expected to close in Q2 2026, pending shareholder approval and customary closing conditions.
No quarterly conference call or webcast will be held due to the pending transaction.
- Marine Products stockholders to receive cash and MasterCraft shares in merger, owning 33.4% post-close.MPX
Proxy filing2 Apr 2026 - Merger forms a diversified marine leader with $560M sales and $6M annual cost savings.MPX
Investor presentation5 Feb 2026 - Q4 2025 sales jumped 35% but net income fell 45% amid higher costs and tax impacts.MPX
Q4 20255 Feb 2026 - Q2 sales and net income fell sharply, but strong cash and no debt support ongoing dividends.MPX
Q2 20243 Feb 2026 - Sales and profit fell sharply, but strong liquidity and dividends were maintained.MPX
Q3 202418 Jan 2026 - Sales fell 38% in 2024, but margins and cash flow remained strong; outlook stabilizing.MPX
Q4 20249 Jan 2026 - Sales and profit dropped, but strong cash flow and optimism for H2 2025 remain.MPX
Q1 202527 Dec 2025 - Up to $150M in securities and 24.4M shares offered, with proceeds for growth and liquidity.MPX
Registration Filing16 Dec 2025 - Proposals seek Board declassification, reduced supermajority votes, and strengthened ESG focus.MPX
Proxy Filing1 Dec 2025
Next Marine Products earnings date
Next Marine Products earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)