Company Highlights Improved Gross Margins, Strengthened Dealer Channel and Expands Premium HVAC Product Offerings
GARLAND, Texas, April 1, 2026 /PRNewswire/ — Massimo Group (NASDAQ:MAMO) (“Massimo” or the “Company”) today announced its financial results for the fiscal year ended December 31, 2025, and confirmed that it has filed its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission.
The Company continues to transition toward a more disciplined, higher-margin operating model while advancing new product initiatives designed to support long-term growth.
Financial Highlights
- Gross Margin: approximately 37.5%, compared to 29.7% in FY2024 (+780 basis points)
- Gross Profit: $26.9 million, compared to $32.5 million
- Net Income: $1.5 million, compared to $1.8 million
- Revenue: $71.8 million, compared to $109.3 million
- Cash at Year-End: $5.8 million, compared to $10.2 million
Revenue for 2025 reflects a deliberate strategy to rebalance dealer inventory, reduce channel saturation, and prioritize pricing integrity and long-term channel health over short-term volume growth.
Gross margin expansion was driven by product mix optimization, supply chain efficiencies, and ongoing cost control initiatives.
Operational and Strategic Highlights
During 2025, the Company executed a series of initiatives to strengthen the quality and sustainability of its business, including the following:
- Rebalanced dealer inventory levels and improved channel …