Callaway Golf (CALY) revenue breakdown

Consumer Cyclical · Leisure · Market cap $2.4B

By segment, Golf Equipment is the largest at 67% of fiscal 2025 revenue, growing 7% a year over 8 years.

By product, Products is the largest at 58% of fiscal 2024 revenue; Services grew fastest, 19% a year over 3 years.

Revenue by segment

Fiscal years, as Callaway Golf reports them in its 10-K filings; fiscal 2025 total $2.1B.

Segments2016201720182019202020212022202320242025Share
Golf Equipment—$806M$913M$979M$983M$1.2B$1.4B$1.4B$1.4B$1.4B 67%
Apparel, Gear and Other———————$745M$695M$685M 33%
Topgolf—————$1.1B$1.5B——— —
Active Lifestyle$137M$243M$330M$722M$607M$817M$1.0B——— —
Golf Clubs$582M————————— —
Golf Balls$152M————————— —

Revenue by product

Fiscal years, as Callaway Golf reports them in its 10-K filings; fiscal 2024 total $4.2B.

Products201620172018201920202021202220232024Share
Products—————$2.1B$2.5B$2.5B$2.4B 58%
Services—————$1.1B$1.5B$1.7B$1.8B 42%
Golf clubs——$717M$768M$787M———— —
Apparel——$112M$411M$349M———— —
Woods$216M$308M——————— —
Gear, accessories & other——$218M$311M$258M———— —
Irons$279M$251M——————— —
Accessories and Other$137M$243M——————— —
Golf balls——$196M$211M$196M———— —
Golf Balls$152M$163M——————— —
Putters$88M$85M——————— —

Revenue by region

Fiscal years, as Callaway Golf reports them in its 10-K filings; fiscal 2025 total $2.1B.

Regions2016201720182019202020212022202320242025Share
United States$448M$565M$708M$788M$779M$2.1B$2.8B$1.4B$1.4B$1.4B 66%
Asia————$212M$466M$545M$437M$379M$363M 18%
Europe$123M$141M$150M$429M$373M$500M$537M$173M$182M$204M 10%
Rest of World—$144M$161M$238M$226M$101M$115M$127M$135M$130M 6%
Japan$171M$199M$224M$246M—————— —
Rest of Asia$67M————————— —
Other foreign countries$63M————————— —
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Questions

Where does Callaway Golf make its money?

In fiscal 2025, by segment: Golf Equipment $1.4B, Apparel, Gear and Other $685M.

From Callaway Golf's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.