卡拉威高尔夫 2026年季度报告

Form10-Q ☒Quarterly Report Pursuant to Section13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2026 OR Callaway Golf Company (Exact name of registrant as specified in its charter) 95-3797580(I.R.S. EmployerIdentification No.) Delaware(State or other jurisdiction ofincorporation or organization) 2180 Rutherford Road, Carlsbad, CA 92008(760) 931-1771 (Address, including zip code, and telephone number, including area code, of principal executive offices) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of RegulationS-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Non-accelerated filer☐ Acceleratedfiler☐Smallerreportingcompany☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicateby check mark whether the registrant is a shell company(as defined in Rule 12b-2 of the ExchangeAct).Yes☐No As of April30, 2026, the number of shares outstanding of the Registrant’s common stock was 179,757,563. Important Notice to Investors Regarding Forward-Looking Statements:This report contains “forward-looking statements” asdefined under the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as:“may,” “should,” “will,” “could,” “would,” “anticipate,” “plan,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,”“likely,” and similar references to future periods. Forward-looking statements include, among others, statements that relate to futureplans, events, liquidity, financial results, performance, prospects or growth and scale opportunities including, but not limited to,statements relating to our intention to repurchase shares of our common stock pursuant to a stock repurchase program, the anticipatedtiming, amount and impact of the stock repurchase program, delivering long-term value for shareholders, further growth andinvestments in our core business, the anticipated benefits and other effects of the sale of the majority stake of our TopgolfInternational, Inc. (“Topgolf”) business, the expected financial and operational performance of, and future opportunities for, each ofthe two independent companies following the sale, the tax treatment of the sale, future industry and market conditions, strength anddemand of our products and services, continued brand momentum, demand for golf and outdoor activities and apparel, continuedinvestments in the business, consumer trends and behavior, the strength of our brands, product lines and e-commerce business,pending litigation, availability of capital under our credit facilities, the capital markets or other sources, our conservation and costreduction efforts, compliance with debt covenants, estimated unrecognized stock compensation expense, projected capital expendituresand depreciation and amortization expense, future contractual obligations, the realization of deferred tax assets, including loss andcredit carryforwards, future income tax provision, the future impact of new accounting standards, the impacts of inflation and changesin foreign exchange rates, and future prospects and growth of our businesses, including TravisMathew, LLC (“TravisMathew”) andOGIO International, Inc. (“OGIO”). These statements are based upon current information and our current beliefs, expectations andassumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economyand other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risksand changes in circumstances that are difficult to predict and many of which are outside of our control. As a result of theseuncertainties and because the information on which these forward-looking statements is based may ultimately pr