Callaway Golf Co
CALY- Exchange
- NYSE
- Industry
- Sporting & Athletic Goods, NEC
- SEC CIK
- 0000837465
No open-market purchases or sales by Callaway Golf Co insiders were filed in the last 90 days; 315 institutions reported holding it in 13F filings for Q2 2026, worth $2.90B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 8, 2026, 10:33 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $409.3M (19.9% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 12, 2026 | Feb 24, 2025 | Feb 13, 2024 | Feb 9, 2023 | Feb 10, 2022 |
| Revenue | $2.06B | $4.24B | $4.28B | $4.00B | $3.13B |
| Cost of revenue | $1.19B | – | – | – | – |
| Gross profit | $867.6M | – | – | – | – |
| Research and development | $65.5M | $92.1M | $101.6M | $76.4M | $68.0M |
| Selling, general and administrative | $674.0M | $1.05B | $1.04B | $970.6M | $849.7M |
| Operating income | $128.1M | -$1.26B | $237.7M | $256.8M | $204.7M |
| Interest expense | – | – | $210.2M | $142.8M | $115.6M |
| Income tax | $48.8M | -$25.5M | -$60.2M | -$16.0M | $28.7M |
| Net income | -$409.3M | -$1.45B | $95.0M | $157.9M | $322.0M |
| EPS, basic | $-2.23 | $-7.88 | $0.51 | $0.85 | $1.90 |
| EPS, diluted | $-2.20 | $-7.88 | $0.50 | $0.82 | $1.82 |
| Weighted shares, basic | 183.7M | 183.7M | 185.0M | 184.9M | 169.1M |
| Weighted shares, diluted | 185.7M | 183.7M | 201.1M | 201.3M | 176.9M |
| Margins and growth | |||||
| Gross margin | 42.1% | – | – | – | – |
| Operating margin | 6.2% | -29.7% | 5.5% | 6.4% | 6.5% |
| Net margin | -19.9% | -34.1% | 2.2% | 4.0% | 10.3% |
| Revenue growth, year over year | −51.4% | −1.1% | +7.2% | +27.5% | +97.1% |
| Net income growth, year over year | – | −1,623.9% | −39.8% | −51.0% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 12, 2026 | Feb 24, 2025 | Feb 13, 2024 | Feb 9, 2023 | Feb 10, 2022 |
| Cash and equivalents | $903.2M | $445.0M | $393.5M | $180.2M | $352.2M |
| Accounts receivable | $123.2M | $175.7M | $200.5M | $167.3M | $105.3M |
| Inventory | $625.3M | $757.3M | $794.4M | $959.2M | $533.5M |
| Total current assets | $5.94B | $1.60B | $1.63B | $1.52B | $1.17B |
| Property, plant and equipment | $159.5M | $2.22B | $2.16B | $1.81B | $1.45B |
| Goodwill | $619.8M | $620.2M | $1.99B | $1.98B | $1.96B |
| Intangible assets | $222.4M | $1.37B | $1.51B | $1.50B | $1.53B |
| Total assets | $7.29B | $7.64B | $9.12B | $8.59B | $7.75B |
| Accounts payable | $109.6M | $96.4M | $130.7M | $159.1M | $138.7M |
| Short-term debt | $44.7M | $25.4M | $54.7M | $219.3M | $9.10M |
| Total current liabilities | $4.37B | $825.9M | $947.6M | $1.18B | $866.0M |
| Long-term debt | $650.7M | $1.46B | $1.52B | $1.18B | $1.03B |
| Shareholders' equity | $2.07B | $2.41B | $3.88B | $3.77B | $3.68B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 12, 2026 | Feb 24, 2025 | Feb 13, 2024 | Feb 9, 2023 | Feb 10, 2022 |
| Operating cash flow | $334.0M | $382.0M | $364.7M | -$35.1M | $278.3M |
| Capital expenditures | $31.8M | $295.4M | $482.0M | $532.3M | $322.3M |
| Free cash flow | $302.2M | $86.6M | -$117.3M | -$567.4M | -$44.0M |
| Depreciation and amortization | $46.4M | $268.4M | $239.7M | $192.8M | $155.8M |
| Stock-based compensation | $23.8M | $37.0M | $46.7M | $47.0M | $38.7M |
| Dividends paid | – | – | – | $0 | $3.00K |
| Share buybacks | $3.70M | $31.4M | $56.0M | $35.8M | $38.1M |
| Investing cash flow | $21.6M | -$297.3M | -$542.9M | -$535.1M | -$161.9M |
| Financing cash flow | $91.5M | -$23.6M | $375.8M | $425.3M | -$124.1M |
| Net change in cash | $453.2M | $51.5M | $195.4M | -$154.3M | -$8.43M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1.2% | 0.9% | 1.1% | 1.2% | 1.2% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 29, 2026 | 175.2M | −4.7% | SEC |
| Aug 3, 2026 | 178.5M | −2.9% | SEC |
| Apr 30, 2026 | 179.8M | −2.2% | SEC |
| Feb 19, 2026 | 184.1M | +0.4% | SEC |
| Oct 29, 2025 | 183.9M | 0.0% | SEC |
| Jul 29, 2025 | 183.9M | 0.0% | SEC |
| Apr 30, 2025 | 183.8M | +0.1% | SEC |
| Feb 19, 2025 | 183.4M | −0.1% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.