Callaway Golf Company (CALY)

NYSE: CALY · Real-Time Price · USD

14.13

-0.23 (-1.60%)

At close: Oct 23, 2026, 4:00 PM EDT

14.33

+0.20 (1.42%)

After-hours: Oct 23, 2026, 7:38 PM EDT

Callaway Golf Company Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,130	2,060	2,078	2,133	3,996	3,133
Revenue Growth	111.77%	-0.85%	-2.58%	-46.63%	27.52%	97.13%
Gross Profit	943.6	867.6	887	927.1	1,340	1,132
Operating Income	200.2	133.6	153.8	196.4	262.3	204.7
Net Income	-263.4	-409.3	-1,448	95	157.9	322
Earnings Per Share	-1.45	-2.20	-7.23	0.50	0.82	1.82
EPS Growth	-	-	-	-38.16%	-55.15%	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Golf Clubs	1,097	1,053	1,061	1,074	1,097	994.5
Golf Balls	338.5	322.2	321.1	314	309.5	234.7
Apparel	-	398.8	405.6	-	-	-
Gear, Accessories & Other	-	286.2	289.4	-	-	-
Revenue (Total)	2,601	2,060	2,078	2,133	3,996	3,133

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	278.1	903.2	445	393.5	184.6	352.2
Total Debt	273.4	1,674	1,638	4,382	3,811	3,116
Net Cash (Debt)	4.7	-770.9	-1,193	-3,988	-3,627	-2,764
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	0.03	-4.15	-5.98	-19.83	-18.02	-15.62

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	372.8	334	382	364.7	-35.1	278.3
Capital Expenditures	-34.1	-31.8	-48.7	-50	-532.3	-322.3
Free Cash Flow	338.7	302.2	333.3	314.7	-567.4	-44
Free Cash Flow Growth	-5.07%	-9.33%	5.91%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	44.30%	42.11%	42.69%	43.47%	33.53%	36.12%
Operating Margin	9.40%	6.49%	7.40%	9.21%	6.57%	6.53%
Pretax Margin	7.35%	4.25%	5.37%	6.07%	3.55%	11.19%
Profit Margin	-12.37%	-19.87%	-69.68%	4.45%	3.95%	10.28%
FCF Margin	15.90%	14.67%	16.04%	14.76%	-14.20%	-1.40%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	-	27.85	23.12	15.85
Forward PE	15.91	72.15	60.28	41.89	23.27	40.70
P/FCF Ratio	7.45	7.10	4.34	8.41	-	-
PS Ratio	1.18	1.04	0.70	1.24	0.91	1.63