Holley Q2 FY26 turns to GAAP net loss of $2.4 million; net sales rise 3.2% to $172 million

Holley reiterated full-year 2026 net sales guidance of $610 million to $640 million, with adjusted EBITDA of $127 million to $137 million.

Holley posted Q2 2026 net sales growth of 3.2% to $172 million, while GAAP results turned to a net loss of $2.4 million.

Adjusted net income rose to $24 million; adjusted EBITDA slipped to $33.8 million, pushing adjusted EBITDA margin down 2.3 percentage points to 19.6%.

Operating cash flow increased to $47.1 million; free cash flow climbed to $40.9 million.

Results included a $28.3 million loss on the sale of non-core assets tied to its portfolio rebalancing initiative, including the sale of Restoration brands.