Callaway Golf Company Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	2,045	-	-	-	3,996	3,133
Revenue Growth (YoY)	-5.81%	-	-	-	27.52%	97.13%
Cost of Revenue	592	1,193	1,191	1,206	2,662	2,002
Gross Profit	463	867.6	887	927.1	1,334	1,132
Selling, General & Admin	589.4	674	670	671.2	970.6	849.7
Research & Development	59.4	65.5	64.1	61.8	76.4	68
Other Operating Expenses	4.2	-	-	-	30.4	9.4
Total Operating Expenses	653	739.5	734.1	733	1,077	927.1
Operating Income	304.3	128.1	152.9	194.1	256.8	204.7
Interest Expense	-2.6	-60.6	-63	-70.7	-142.8	-115.6
Other Non-Operating Income (Expense)	-31.6	20.1	21.6	6.1	27.9	261.5
Total Non-Operating Income (Expense)	-37.6	-40.5	-41.4	-64.6	-114.9	145.9
Pretax Income	266.7	87.6	111.5	129.5	141.9	350.6
Provision for Income Taxes	-	-	-	-	-16	-
Net Income	284.9	-360.5	-1,430	125	157.9	350.6
Earnings From Discontinued Operations	18.2	-448.1	-1,541	-4.5	-	-
Net Income to Common	284.9	-360.5	-1,430	125	157.9	350.6
Net Income Growth	-	-	-	-20.84%	-54.96%	-
Shares Outstanding (Basic)	184	184	184	185	185	169
Shares Outstanding (Diluted)	189	186	199	201	201	177
Shares Change (YoY)	-1.27%	-6.82%	-0.90%	-0.10%	13.79%	87.79%
EPS (Basic)	0.18	-2.23	-7.88	0.51	0.85	1.90
EPS (Diluted)	0.14	-2.20	-7.23	0.50	0.82	1.82
EPS Growth	-	-	-	-39.02%	-54.95%	-
Shares Outstanding	181.8	183.9	183.1	183.7	184.9	185.2
Free Cash Flow	104.75	302.2	333.3	314.7	-567.4	-44
Free Cash Flow Growth	-65.34%	-9.33%	5.91%	-	-	-
Free Cash Flow Per Share	0.55	1.63	1.67	1.56	-2.82	-0.25
Gross Margin	22.65%	-	-	-	33.39%	36.12%
Operating Margin	14.88%	-	-	-	6.43%	6.53%
Profit Margin	13.04%	-	-	-	3.95%	11.19%
FCF Margin	5.12%	-	-	-	-14.20%	-1.40%
EBITDA	304.3	174.5	197.4	239.8	449.6	360.5
EBITDA Margin	14.88%	-	-	-	11.25%	11.51%
EBIT	304.3	128.1	152.9	194.1	256.8	204.7
EBIT Margin	14.88%	-	-	-	6.43%	6.53%
Effective Tax Rate	-	0.00%	0.00%	0.00%	-11.28%	0.00%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.