Revenue: As of FY2026 Q1, the actual value is USD 752.98 M, beating the estimate of USD 722.48 M.EPS: As of FY2026 Q1, the actual value is USD 1.36, missing the estimate of USD 1.3954.EBIT: As of FY2026 Q1, the actual value is USD 118.33 M.<h4>First Quarter 2026 Financial Results</h4>高尔史密斯国际控股 (Acushnet Holdings Corp.) reported net sales of $753.0 million for the first quarter of 2026, marking a 7.1% increase year over year, or 4.8% in constant currency . Net income attributable to 高尔史密斯国际控股 (Acushnet Holdings Corp.) was $81.4 million, a decrease of 18.1% year over year, primarily due to a non-cash pre-tax gain of $20.9 million in the first quarter of 2025 related to the FootJoy golf shoe joint venture . Adjusted EBITDA for the quarter was $144.6 million, up 4.1% year over year, with an Adjusted EBITDA margin of 19.2% compared to 19.7% in the prior year period .<h4>Segment Revenue</h4><ul><li>Titleist Golf Equipment: Net sales increased by 8.9% to $458.5 million, or 7.1% on a constant currency basis . This was driven by higher sales volumes of recently launched SM11 wedges, latest generation T-Series irons, and AVX, Tour Soft, and Velocity performance golf ball models, as well as higher average selling prices for Pro V1 golf ball models . Sales were partially offset by lower volumes in second model year hybrids, drivers, fairways, and Scotty Cameron putters .<ul><li>Golf balls net sales were $234.5 million, an increase of 9.9% (8.2% in constant currency) .</li><li>Golf clubs net sales were $224.0 million, an increase of 7.8% (5.9% in constant currency) .</li></ul></li><li>FootJoy Golf Wear: Net sales increased by 1.7% to $181.5 million, but decreased by 1.3% on a constant currency basis . The constant currency decline was mainly due to lower sales volumes in footwear, partially offset by higher average selling prices across all product categories .</li><li>Golf Gear: Net sales increased by 10.8% to $78.7 million, or 8.3% on a constant currency basis . This was primarily due to higher average selling prices across all product categories and higher sales volumes in golf bags, partially offset by lower sales volumes in the travel product category .</li></ul><h4>Geographic Net Sales</h4><ul><li>United States: Net sales were $445.2 million, up 5.0% (5.0% in constant currency) .</li><li>Regions outside the United States: Net sales increased by 10.2%, or 4.5% on a constant currency basis .<ul><li>EMEA net sales were $124.4 million, up 19.7% (8.0% in constant currency) .</li><li>Japan net sales were $36.4 million, up 3.4% (6.0% in constant currency) .</li><li>Korea net sales were $61.2 million, down -7.6% (-6.9% in constant currency) .</li><li>Rest of World net sales were $85.8 million, up 16.1% (9.2% in constant currency) .</li></ul></li></ul><h4>Operational Metrics (Three months ended March 31, in thousands)</h4><ul><li>Gross profit: $355,260 in 2026, compared to $337,162 in 2025 .</li><li>Selling, general and administrative expenses: $213,671 in 2026, compared to $200,261 in 2025 .</li><li>Research and development expenses: $19,195 in 2026, compared to $18,859 in 2025 .</li><li>Intangible amortization: $2,245 in 2026, compared to $3,495 in 2025 .</li><li>Income from operations: $120,149 in 2026, compared to $114,547 in 2025 .</li><li>Interest expense, net: $13,072 in 2026, compared to $13,815 in 2025 .</li><li>Other expense (income), net: $1,816 in 2026, compared to - $19,863 in 2025 .</li><li>Income before income taxes: $105,261 in 2026, compared to $120,595 in 2025 .</li><li>Income tax expense: $24,101 in 2026, compared to $21,570 in 2025 .</li></ul><h4>Cash Flow (Three months ended March 31, in thousands)</h4><ul><li>Cash flows used in operating activities: - $143,663 in 2026, compared to - $120,254 in 2025 .</li><li>Cash flows used in investing activities: - $19,191 in 2026, compared to - $11,263 in 2025 .</li><li>Cash flows provided by financing activities: $164,908 in 2026, compared to $118,145 in 2025 .</li><li>Net increase (decrease) in cash, cash equivalents and restricted cash: $1,591 in 2026, compared to - $12,460 in 2025 .</li><li>Cash, cash equivalents and restricted cash, end of period: $51,679 in 2026, compared to $40,599 in 2025 .</li></ul><h4>Capital Allocation</h4>高尔史密斯国际控股 (Acushnet Holdings Corp.) declared a quarterly cash dividend of $0.255 per share of common stock . The company repurchased 106,008 shares of its common stock for an aggregate of $10.0 million during the first quarter of 2026 .<h4>2026 Outlook</h4>高尔史密斯国际控股 (Acushnet Holdings Corp.) reaffirmed its full-year 2026 outlook, expecting consolidated net sales to be approximately $2,625 to $2,675 million and Adjusted EBITDA to be approximately $415 to $435 million . On a constant currency basis, consolidated net sales are projected to increase by 2.5% to 4.5% .

Acushnet | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 752.98 M