Holley published its annual report on Form 10-K for FY 2025. Net sales rose 1.9% to USD 613.51 million, driven by higher price realization of about USD 16 million and partly offset by a sales volume decline of about USD 4.7 million. Gross profit increased 11.6% to USD 266.24 million and gross margin expanded to 43.4% from 39.6%, reflecting the absence of prior-year inventory and clearance charges, pricing flow-through, operational efficiencies, lower warranty costs and reduced freight expense. SG&A increased 10.6% to USD 146.13 million, reflecting higher personnel costs, incremental investments to support SOX compliance and governance initiatives, and higher marketing spend. Net income was USD 19.18 million and Adjusted EBITDA rose 12.24% to USD 124.02 million, while free cash flow was USD 34.22 million.

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