Acushnet Holdings Raises Quarterly Dividend 8.5% to $0.255 Per Share

Acushnet Holdings Corp. (NYSE: GOLF), the global leader in the design, development, manufacture and distribution of performance-driven golf products, declared a quarterly cash dividend of $0.255 per share on February 26, 2026. The dividend represents an 8.5% increase from the company's previous quarterly payout of $0.235 per share. Read more dividend announcements.

The dividend will be paid on March 20, 2026 to shareholders of record as of March 6, 2026. As of February 20, 2026, Acushnet had 58,560,358 shares outstanding.

Full Year Financial Performance

The dividend announcement came alongside Acushnet's full year 2025 financial results. The company reported net sales of $2.56 billion for the full year, up 4.1% year over year and up 4.2% in constant currency. Net income attributable to Acushnet Holdings Corp. was $188.5 million, down $25.8 million from the prior year.

Full year Adjusted EBITDA reached $410.4 million, an increase of $6.0 million or 1.5% compared to 2024. The company's performance was driven by strong sales in its Titleist golf equipment line, particularly new Pro V1 golf balls and T-Series irons.

Fourth Quarter Results

Fourth quarter net sales totaled $477.2 million, up 7.2% year over year and up 7.0% in constant currency. The company reported a net loss of $34.9 million for the quarter, compared to a net loss of $1.1 million in the same period of 2024. The quarterly loss was primarily driven by a $17.0 million loss on debt extinguishment related to the company's 2025 debt refinancing.

Fourth quarter Adjusted EBITDA was $9.8 million, down $2.6 million from $12.4 million in the prior year period. Adjusted EBITDA margin for the quarter was 2.1% versus 2.8% in the year-ago period.

Share Repurchase Activity

During the fourth quarter, Acushnet repurchased 290,931 shares of its common stock on the open market at an average price of $82.52 for a total of $24.0 million. For the full year 2025, the company repurchased 3,133,650 shares at an average price of $67.50 for an aggregate of $211.5 million.

This total included 1,889,313 shares repurchased from Magnus Holdings Co., Ltd., a wholly owned subsidiary of Misto Holdings Corp., for $125.0 million in satisfaction of previously disclosed obligations under share repurchase agreements.

2026 Outlook

Acushnet expects full year 2026 consolidated net sales of $2,625 million to $2,675 million on a reported basis, representing growth of 3.6% at the midpoint. On a constant currency basis, the company projects net sales growth between 2.5% and 4.5%.

The company forecasts full year Adjusted EBITDA of $415 million to $435 million. David Maher, Acushnet's President and Chief Executive Officer, noted that golf industry fundamentals remain healthy, with the number of golfers increasing and worldwide rounds up approximately 2% in 2025.