Off The Hook Doubles Floorplan to $60M, Expands Network and Launches NextBoat AI
Off The Hook Yachts generated $119.9 million in 2025 revenue and expanded its inventory financing floorplan to $60 million, more than doubling pre-IPO capacity while doubling its broker network. In Q1 2026 the company entered Great Lakes, Caribbean and Latin American markets, added two regional hubs via facility acquisitions and opened its NextBoat AI consumer platform after Autograph Yacht Group completed 46 sales totaling $81 million in gross volume.
1. Post-IPO Growth Trajectory
Off The Hook Yachts closed 2025 with $119.9 million revenue and has prioritized scaling its platform through expanded buying power, brokerage recruitment and targeted infrastructure investments in Q1 2026.
2. Financing Capacity and Network Expansion
Since its IPO, the company has doubled its inventory financing floorplan to $60 million and expanded its broker network by over 100%, enhancing its ability to acquire and transact used vessels nationwide.
3. Regional Expansion and Acquisitions
Off The Hook entered the Great Lakes, Caribbean and Latin American markets, opened a Jupiter, Florida office, and acquired a Chesapeake Bay waterfront facility and pending Apex Marine Group to boost service, storage and refurbishment capabilities.
4. Technology Launch and Autograph Performance
The Autograph Yacht Group facilitated 46 boat sales worth $81 million in gross value, while the March launch of NextBoat AI extends proprietary data and real-time inventory tools to consumers to improve pricing accuracy and transaction efficiency.