Callaway Golf Company revenue by segment CALY

Annual Quarterly

Callaway Golf Company splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Golf Equipment at $1.4 billion, 67% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Golf Clubs at $1.1 billion, 51% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016
Revenue	2,130	2,060	2,078	2,133	3,996	3,133	1,590	1,701	1,243	1,049	871
Operating segments
Golf Equipment	1,436 +4.5% share 67.4%	1,375 -0.5% share 66.7%	1,383 -0.4% share 66.5%	1,388 -1.3% share 65.1%	1,407 +14.4% share 35.2%	1,229 +25.1% share 39.2%	983 +0.4% share 61.8%	979 +7.3% share 57.6%	913 share 73.5%	—	—
Apparel Gear And Other	694 share 32.6%	685 -1.4% share 33.3%	695 -6.7% share 33.5%	745 share 34.9%	—	—	—	—	—	—	—
Sales mix
Golf Clubs	1,097 +3.8% share 51.5%	1,053 -0.8% share 51.1%	1,061 -1.2% share 51.1%	1,073 -2.2% share 50.3%	1,097 +10.3% share 27.5%	994 +26.4% share 31.7%	787 +2.4% share 49.5%	768 +7.1% share 45.2%	717 share 57.7%	—	—
Apparel	404 +33.3% share 19.0%	399 -1.7% share 19.4%	406 -1.5% share 19.5%	412 -34.8% share 19.3%	632 +28.7% share 15.8%	491 +40.5% share 15.7%	349 -15.0% share 22.0%	411 +266.2% share 24.1%	112 share 9.0%	—	—
Golf Balls	339 +6.7% share 15.9%	322 +0.1% share 15.6%	322 +2.3% share 15.5%	314 +1.6% share 14.7%	310 +31.9% share 7.7%	235 +20.0% share 7.5%	196 -7.2% share 12.3%	211 +7.8% share 12.4%	196 share 15.7%	—	—
Gear Accessories And Other	290 share 13.6%	286 -1.1% share 13.9%	289 -13.1% share 13.9%	333 share 15.6%	—	—	—	—	—	—	—
Royalty	28 +66.5% share 1.3%	29 +6.3% share 1.4%	27 +0.7% share 1.3%	27 share 1.3%	—	68 +212.1% share 2.2%	22 -2.7% share 1.4%	22 +18.1% share 1.3%	19 +2.1% share 1.5%	19 share 1.8%	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Sporting & Athletic Goods, NEC (SIC 3949)
Listed as: CALY (NYSE)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Carlsbad, CA
SEC filer status: Large accelerated filer
SEC CIK: 837465
Former names: Topgolf Callaway Brands Corp. (until Jan 7, 2026); CALLAWAY GOLF (until Jun 8, 2007); CALLAWAY GOLF CO /CA (until Jun 1, 2007); CALLAWAY GOLF COMPANY (until Feb 14, 1994)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.