Flagship explainer

How Callaway Golf Company makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$2.1B · 100%Cost of revenue$1.2B · 58%Gross profit$868M · 42%Operating income$128M · 6%Income before tax$87.6M · 4%Income tax$48.8M · 2%Net income−$409M · −20%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$2.1B100%
Cost of revenue$1.2B58%
$868M42%
$128M6%
Income before tax$87.6M4%
Income tax$48.8M2%
−$409M−20%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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