Acushnet Holdings (GOLF) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Acushnet published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• The Other row is the 10-Q's segment note: operating segments too small to report separately, which include two premium performance apparel businesses. The release's segment table leaves it out.
• Acushnet reports no adjusted EPS. Its non-GAAP measures are constant-currency net sales, Adjusted EBITDA and Adjusted EBITDA margin.

Source: Acushnet Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Acushnet splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Acushnet's Titleist golf equipment revenue was $430 million in Q3 2026, up 1% from $428 million in Q3 2025, 66% of total revenue.
• Acushnet's FootJoy golf wear revenue was $126 million in Q3 2026, down 8% from $137 million in Q3 2025, 19% of total revenue.
• Acushnet's Golf gear revenue was $55.4 million in Q3 2026, down 9% from $61.2 million in Q3 2025, 9% of total revenue.
• Acushnet's Other (non-reportable segments) revenue was $37.8 million in Q3 2026, up 17% from $32.4 million in Q3 2025, 6% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Acushnet gives a full-year net sales and Adjusted EBITDA range, not a quarterly outlook, and no EPS outlook.

In its Q3 2026 release, Acushnet said:

“The Company is reaffirming its full-year 2026 consolidated net sales guidance range of approximately $2,650 to $2,675 million.”

“On a constant currency basis, consolidated net sales are expected to increase 3.3% to 4.2%.”

“The Company is also narrowing its full-year 2026 Adjusted EBITDA guidance range to approximately $455 to $470 million, from $450 to $470 million previously.”

“This outlook includes approximately $30 million of IEEPA tariff refunds, net of the impact on incentive compensation ("Net IEEPA Tariff Refunds"), expected to be recognized in 2026.”

Source: Acushnet Q3 2026 release, Nov 4, 2026.

This is the company's own guidance as of Nov 4, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the GOLF forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net sales and diluted EPS attributable to Acushnet, each as first reported in that quarter's release (Acushnet reports in thousands; shown here in millions). Golf is seasonal: sell-in for the new season runs through the first and second quarters, and the fourth quarter is generally the smallest.

We do not hold a confirmed date for Acushnet's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 4, 2026

Acushnet, the owner of Titleist and FootJoy, reports three segments. Titleist golf equipment brought in $429.8 million of its $649.2 million net sales in Q3 2026, split between golf balls ($209.1 million) and golf clubs ($220.7 million). FootJoy golf wear added $126.2 million and Golf gear $55.4 million. (Acushnet Q3 2026 release, Nov 4, 2026)

Acushnet's net sales fell 1.3%, or 0.6% in constant currency, which the CEO tied to the accelerated second-quarter timing of the GTS metals launch. Titleist golf equipment rose 0.5% on GTS driver and fairway volumes and higher average selling prices of Pro V1 golf balls, partly offset by lower volumes of second model year T-Series irons. FootJoy golf wear fell 7.5% and Golf gear 9.5%, both mainly on lower volumes. (Acushnet Q3 2026 release, Nov 4, 2026)

The United States accounted for $391.6 million of Acushnet's Q3 2026 net sales, down 1.4%, with FootJoy golf wear down $7.5 million and Golf gear down $5.5 million there. Sales outside the United States fell 1.2%, or rose 0.5% in constant currency: EMEA rose 4.0% to $94.7 million, while Korea fell 5.3% to $64.1 million, mainly on lower FootJoy apparel sales. (Acushnet Q3 2026 release, Nov 4, 2026)

Acushnet's 10-K says no single customer accounted for more than 10% of consolidated net sales in 2025, and its top ten customers accounted for about 20%. The 10-K also describes the season: sell-in to golf retail begins in the first quarter, third-quarter sales depend on reorders and are generally lower than the second quarter, and the fourth quarter is generally the lowest. (Acushnet Form 10-K, 2025, Feb 27, 2026)

Acushnet's GAAP diluted EPS was $0.83 in Q3 2026 against $0.81 a year earlier, on net income attributable to Acushnet of $49.2 million, up 1.4%. Acushnet reports no adjusted EPS. Income from operations fell to $80.3 million from $92.9 million, and Adjusted EBITDA, which adds back items including $8.7 million of transformation costs (mostly information technology optimization), fell 3.3% to $114.7 million. (Acushnet Q3 2026 release, Nov 4, 2026)

A lower tax rate held Acushnet's EPS up while operating income fell. The effective tax rate was 25.5% against 37.3% a year earlier, which the 10-Q attributes primarily to the jurisdictional mix of earnings and a reduced foreign derived intangible income deduction after the One Big Beautiful Bill Act was enacted in Q3 2025. (Acushnet Form 10-Q, Q3 2026, Nov 4, 2026)

Acushnet's diluted weighted-average shares were 59,483,868 against 60,159,534 a year earlier. It repurchased 616,749 shares on the open market in the quarter for $55.4 million, and on October 15, 2026 bought 583,527 shares from Magnus Holdings for $52.5 million under an existing agreement. The board declared a quarterly dividend of $0.255 per share. (Acushnet Q3 2026 release, Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Acushnet gives a full-year outlook in its release, with no quarterly or EPS figures. It reaffirmed 2026 net sales of about $2,650 million to $2,675 million, an increase of 3.3% to 4.2% in constant currency, and narrowed its Adjusted EBITDA range to about $455 million to $470 million from $450 million to $470 million. (Acushnet Q3 2026 release, Nov 4, 2026)

Acushnet's outlook includes about $30 million of IEEPA tariff refunds, net of incentive compensation. The 10-Q shows most of that already booked: the nine months to September 30, 2026 included a $44.7 million reduction in cost of goods sold from IEEPA tariff refunds, against $0.2 million in the third quarter. (Acushnet Q3 2026 release, Nov 4, 2026; Acushnet Form 10-Q, Q3 2026, Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover Acushnet, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Acushnet's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning GOLF is on is GOLF a buy or a sell?, what analysts expect next is on the GOLF forecast, and what the company does is on the Acushnet Holdings (GOLF) stock page.

Every number on this page can be traced to a document Acushnet published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.