← Callaway Golf Co
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $871.2m | $1.0b | $1.2b | $1.7b | $1.6b | $3.1b | $4.0b | $4.3b | $4.2b | $2.1b | |
| Cost of Revenue | $486.2m | $568.3m | $664.5m | $934.3m | $931.9m | $2.1b | $2.8b | $3.0b | $2.4b | $1.2b | |
| Gross Profit (derived) | $385.0m | $480.4m | $578.4m | $766.8m | $657.6m | $1.1b | $1.2b | $927.1m | $887.0m | $867.6m | |
| Operating Costs and Expenses | — | — | — | — | — | $2.9b | $3.7b | $4.0b | $5.5b | $739.5m | |
| Operating Expenses | $340.8m | $401.6m | $449.9m | $634.1m | $763.1m | — | — | — | — | — | |
| Operating Income (Loss) | $44.2m | $78.8m | $128.4m | $132.7m | ($105.5m) | $204.7m | $256.8m | $237.7m | ($1.3b) | $128.1m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $71k | $546k | $1.1m | $4.9m | $5.1m | $13.0m | $15.2m | $14.1m | $11.7m | $900k | |
| Foreign Currency Transaction Gain (Loss), before Tax | $226k | $808k | ($2.8m) | ($5.8m) | $9.0m | ($6.4m) | ($18.3m) | ($6.4m) | ($22.3m) | $17.5m | |
| Gain (Loss) on Investments | — | — | — | — | — | $252.5m | $0 | $0 | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | $148.4m | $0 | $0 | $0 | $1.4b | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $38.3m | $50.7m | $100.0m | $55.4m | $68.9m | $295.3m | $97.8m | $3.5m | ($1.5b) | $17.6m | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | — | — | — | $0 | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | — | — | — | — | $0 | |
| Interest Income, Other | $621k | $454k | $594k | $807k | $492k | — | — | — | — | — | |
| Sales-type Lease, Selling Profit (Loss) | — | — | — | — | — | $17.9m | $18.7m | $16.5m | $26.0m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | $95.8m | $127.5m | $350.6m | $141.9m | $34.8m | ($1.5b) | $87.6m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $44.2m | $78.8m | $128.4m | $132.7m | $105.5m | $204.7m | $256.8m | $237.7m | — | $38.8m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $4.5m | $1.5b | ($448.1m) | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | $4.5m | $1.5b | ($448.1m) | |
| Net Income (Loss) Attributable to Parent | $189.9m | $40.8m | $104.7m | $79.4m | ($126.9m) | $322.0m | $157.9m | $95.0m | ($1.4b) | ($409.3m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $1.1m | $861k | $514k | ($179k) | $0 | $0 | — | — | — | — | |
| Earnings Per Share, Basic | $2.02 | $0.43 | $1.11 | $0.84 | ($1.35) | $1.90 | $0.85 | $0.51 | ($7.88) | ($2.23) | |
| Earnings Per Share, Diluted | $1.98 | $0.42 | $1.08 | $0.82 | ($1.35) | $1.82 | $0.82 | $0.50 | ($7.88) | ($2.20) | |
| Common Stock, Dividends, Per Share, Declared | $0.04 | $0.04 | $1.11 | $0.84 | ($1.35) | $1.90 | $0.85 | $0.51 | ($7.88) | ($2.23) | |
| Weighted Average Number of Shares Outstanding, Basic | 94.0m | 94.3m | 94.6m | 94.3m | 94.2m | 169.1m | 184.9m | 185.0m | 183.7m | 183.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | 95.8m | 96.6m | 97.2m | 96.3m | 94.2m | 176.9m | 201.3m | 201.1m | 183.7m | 185.7m | |
| Selling, General and Administrative Expense | — | — | — | $583.5m | $542.5m | $849.7m | $970.6m | $1.0b | $1.0b | $674.0m | |
| Other Nonoperating Income (Expense) | ($1.7m) | ($6.9m) | $7.8m | $1.6m | $25.0m | $9.0m | $27.9m | $7.3m | $15.2m | $20.1m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $231.2m | $60.6m | |
| Business Combination, Acquisition Related Costs | — | — | — | — | — | ($16.2m) | $0 | $0 | — | — | |
| Current Income Tax Expense (Benefit) | $8.4m | $8.0m | $9.2m | $12.4m | $8.5m | $19.8m | $21.9m | $20.9m | $21.8m | $29.9m | |
| General and Administrative Expense | $72.0m | $94.2m | $100.5m | $145.3m | $150.7m | $849.7m | $970.6m | $1.0b | $1.0b | $674.0m | |
| Interest Expense | $2.4m | $4.4m | $5.5m | $39.3m | $47.4m | $115.6m | $142.8m | $210.2m | — | — | |
| Interest Expense, Debt | — | — | — | — | — | $852k | — | — | — | — | |
| Other Expenses | — | — | — | — | — | $731.5m | $1.1b | $1.3b | $1.3b | — | |
| Research and Development Expense | $33.3m | $36.6m | $40.8m | $50.6m | $46.3m | $68.0m | $76.4m | $101.6m | $92.1m | $65.5m | |
| Selling Expense | $235.6m | $270.9m | $308.7m | $438.2m | $391.8m | — | — | — | — | — | |
| Income Tax Expense (Benefit) | ($132.6m) | $26.4m | $26.0m | $16.5m | ($544k) | $28.7m | ($16.0m) | ($60.2m) | ($25.5m) | $48.8m | |
| Interest Income (Expense), Net | — | — | — | — | — | ($115.6m) | ($142.8m) | ($210.2m) | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.