Callaway Golf Co
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.1B | $2.1B | $2.1B | $4.0B | $3.1B |
| Cost of revenue | $1.2B | $1.2B | $1.2B | — | — |
| Gross profit | $867.6M | $887.0M | $927.1M | — | — |
| Selling, general & administrative | $674.0M | $670.0M | $671.2M | $970.6M | $849.7M |
| Research and development | $65.5M | $64.1M | $61.8M | $76.4M | $68.0M |
| Operating income | $128.1M | $152.9M | $194.1M | $256.8M | $204.7M |
| Interest expense | $60.6M | $63.0M | $210.2M | $142.8M | $115.6M |
| Pretax income | $87.6M | $111.5M | $129.5M | $141.9M | $350.6M |
| Income tax expense | $48.8M | $18.1M | $30.0M | -$16.0M | $28.6M |
| Net income | -$409.3M | -$1.4B | $95.0M | $157.9M | $322.0M |
| Balance Sheet | |||||
| Cash and equivalents | $903.2M | $445.0M | $393.5M | $180.2M | $352.2M |
| Current assets | $5.9B | $1.6B | $1.6B | $1.5B | $1.2B |
| Total assets | $7.3B | $7.6B | $9.1B | $8.6B | $7.7B |
| Current liabilities | $4.4B | $825.9M | $947.6M | $1.2B | $866.0M |
| Total debt | $1.4B | $1.5B | $1.6B | $1.2B | $1.1B |
| Stockholders' equity | $2.1B | $2.4B | $3.9B | $3.8B | $3.7B |
| Cash Flow Statement | |||||
| Cash from operations | $334.0M | $382.0M | $364.7M | -$35.1M | $278.3M |
| Depreciation and amortization | $46.4M | $44.5M | $45.7M | $192.8M | $155.8M |
| Stock-based compensation | $23.8M | $27.6M | $33.3M | $47.0M | $38.7M |
| Capital expenditure | $31.8M | $48.7M | $50.0M | $532.3M | $322.3M |
| Free cash flow | $302.2M | $333.3M | $314.7M | -$567.4M | -$44.0M |
| Dividends paid | — | — | — | $0 | $0 |
| Share repurchases | $3.7M | $31.4M | $56.0M | $35.8M | $38.2M |
| Impairments | $2.1M | $900,000 | $0 | $5.5M | $0 |
Shares outstanding 179.8M · Free float 73.1%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.