Earnings Releases·Nov 5, 2026, 8:22 AM ET

Holley Performance Brands — Third Quarter 2026 Earnings Summary

Net sales increased 2.3% year-over-year to $141.6 million, with core business sales up 6.7%; net income turned positive at $7.8 million ($0.06/share) versus a $0.8 million loss in the prior year period.
Adjusted EBITDA rose 8.6% to $29.4 million with margins expanding to 20.8%, while free cash flow improved to $8.8 million and total debt decreased by $25 million, achieving a 3.50x leverage ratio ahead of schedule.
Full-year 2026 Net Sales and Core Business Growth guidance remain unchanged, but Adjusted EBITDA ($127M–$132M) and Interest Expense ($40M–$44M) ranges were narrowed due to the current consumer environment.
Strategic portfolio rebalancing included exiting non-core Restoration brands, while long-term initiatives generated $18.6 million in revenue and $6.1 million in cost savings.
Treasury stock purchases totaled $2.0 million in the first nine months of 2026, and the company noted it cannot reconcile forward-looking Adjusted EBITDA to GAAP net income due to uncertainty regarding certain items.