Q2 FY2026 EarningsQ2 FY26 results missed consensus on the top line but showed resilience in profitability: revenue was $88.5M vs. $131.0M expected (-32.4% variance), while adjusted gross margin of 61.8% slightly beat the 61.5% consensus. Despite a GAAP net loss of $4.4M, adjusted EBITDA grew 28.6% YoY to $13.5M. The Watersports segment was a major highlight with 59.2% revenue growth, partially offsetting a 14.7% decline at Solo Stove. Management reaffirmed FY26 revenue guidance of $280M-$310M, signaling confidence despite current DTC demand volatility.