Callaway Q2 2026 adjusted EBITDA jumps 36% on gross margin gains, strong golf ball sales
MODG•Full-year guidance raised
Management raised 2026 guidance to $2.045 billion-$2.07 billion in sales, and EBITDA to $246 million-$260 million on tariffs and margin gains.
Golf ball sales and U.S. share improve
Golf ball revenue climbed 15%; June U.S. share hit just over 23%, up 250 bps, despite volume cuts from SKU rationalization.
Q2 sales and EBITDA rise on golf equipment strength
Callaway posted Q2 2026 net sales of $612 million, up 2%, helped by healthy demand and strength in Golf Equipment, especially golf balls.
Adjusted EBITDA rose 36% to $125 million as gross margin expanded 460 bps to 48.5% on pricing, cost cuts, and lower-margin exits.
Second-half outlook softer on launches and investment
Second-half results are expected to soften on fewer launches, an iron launch delayed into next year, lower-margin rationalization, and higher fitting investment.
