Acushnet Holdings Corp. reported a net sales increase of 4.1% for the fiscal year ending December 31, 2025, reaching $2,558.7 million, compared to $2,457.1 million in 2024. The company's net income attributable to Acushnet Holdings Corp. was $188.5 million, a decrease from $214.3 million in the previous year. Adjusted EBITDA for the year was $410.4 million, reflecting a slight increase from $404.4 million in 2024. The gross profit margin for the year was 47.7%, down from 48.3% in 2024, primarily due to increased manufacturing costs and incremental tariff expenses.
The company's performance was bolstered by a 5.9% increase in net sales from its Titleist golf equipment segment, which accounted for approximately 62% of total sales. This growth was driven by higher average selling prices in golf clubs and increased sales volumes of golf balls. However, the FootJoy golf wear segment experienced a slight decline in sales, primarily due to lower footwear volumes, while the Golf gear segment saw a 5.5% increase in sales, attributed to higher average selling prices across all product categories.
Strategically, Acushnet has made significant operational changes, including the completion of a $500 million senior notes offering and the redemption of $350 million in senior notes due 2028. The company also initiated a Voluntary Bridge to Retirement program, incurring $13.7 million in restructuring costs. Additionally, Acushnet is in the process of implementing a new global cloud-based ERP platform, with expected expenditures of approximately $30 million to $35 million in 2026 related to this initiative.
As of December 31, 2025, Acushnet employed approximately 7,300 associates globally, with a significant portion in manufacturing roles. The company continues to focus on expanding its market presence, particularly in established markets like the U.S., Japan, and Europe, while also exploring growth opportunities in less mature markets. Looking ahead, Acushnet anticipates continued resilience in golf participation and rounds played, which are expected to drive demand for its products in 2026.
About Acushnet Holdings Corp.
Acushnet Holdings Corp. is a global leader in designing, manufacturing, and distributing premium golf products under renowned brands like Titleist and FootJoy. Its core offerings include golf balls, clubs, shoes, gloves, apparel, and golf gear, targeting dedicated golfers who prioritize performance and quality. The company emphasizes innovation, custom fitting, and strong retail partnerships, operating a vertically integrated supply chain to deliver consistent, high-performance golf equipment and wear worldwide.
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