MBUU revenue +13% to $914.6M, net income -89% to $1.7M on legal costs and integration charges

Filed August 27, 2026 · Period ending June 30, 2026 · Compared to 10-K Aug 28, 2025 · ~1 min read

Key Changes

• high

  Net income fell 88.9% to $1.7M ($0.09 diluted EPS, down 88.2%) as revenue rose 13.3% to $914.6M, driven by $7.8M securities class action settlement, $850K derivative suit settlement, and Saxdor integration costs.

  Notes: Legal settlements & Saxdor acquisition verify on EDGAR →
• high

  Operating income collapsed 86% from $21.8M to $3.1M despite revenue growth, reflecting legal settlement costs and first-year acquisition integration expenses.

  Key Financials: Operating income verify on EDGAR →
• high

  Refinanced credit facility on July 10, 2026 with up to $250M revolver and new $100M term loan (both maturing 2031); drew full term loan at closing, leaving $65M outstanding on revolver after repaying prior facility.

  Notes: Subsequent event - debt refinancing verify on EDGAR →