Callaway Golf Company (CALY) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	2.6B	2.1B	4.2B	4.3B	4.0B
Cost of Revenue	1.2B	1.2B	1.6B	1.6B	1.6B
Gross Profit	1.4B	867.6M	2.7B	2.7B	2.4B
Operating Expenses
R&D Expense	69.4M	65.5M	92.1M	101.6M	76.4M
SG&A Expense	732.1M	674.0M	1.0B	1.0B	970.6M
General & Admin Expense	210.6M	—	—	1.0B	970.6M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	345.3M	—	2.8B	1.3B	1.1B
Total Operating Expenses	1.1B	739.5M	3.9B	2.4B	2.2B
Cost and Expenses	2.4B	1.9B	5.5B	4.0B	3.7B
Operating Income (EBIT)	227.2M	128.1M	(1.3B)	237.7M	256.8M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	85.2M	60.6M	231.2M	210.2M	142.8M
Net Interest Income	(85.2M)	(60.6M)	(231.2M)	(210.2M)	(142.8M)
Other Non-Op Income/Expense	(91.5M)	(40.5M)	(216.0M)	(202.9M)	(114.9M)
Non-Operating Income (excl Interest)	6.3M	(20.1M)	(15.2M)	(7.3M)	(27.9M)
EBT (Pre-Tax Income)	135.7M	87.6M	(1.5B)	34.8M	141.9M
Income Tax Expense	65.7M	48.8M	(25.5M)	(60.2M)	(16.0M)
Bottom Line
Net Income	87.6M	38.8M	(1.4B)	95.0M	157.9M
Earnings from Cont. Ops	70.0M	38.8M	(1.4B)	95.0M	157.9M
Earnings from Discont. Ops	17.6M	—	—	—	—
Bottom Line Net Income	87.6M	38.8M	(1.4B)	95.0M	157.9M
Per Share
Basic EPS	$0.49	$0.21	($7.88)	$0.51	$0.85
Diluted EPS	$0.45	$0.21	($7.88)	$0.47	$0.78
Revenue Per Share	$14.48	$11.21	$23.08	$23.16	$21.61
Shares
Basic Shares Outstanding	179.7M	183.7M	183.7M	185.0M	184.9M
Diluted Shares Outstanding	190.1M	185.7M	183.7M	201.1M	201.3M
Profitability Metrics
EBITDA	317.1M	192.3M	(973.6M)	484.7M	477.5M
D&A	96.2M	44.1M	268.4M	239.7M	192.8M
EBIT	220.9M	148.2M	(1.2B)	245.0M	284.7M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026