Topgolf Callaway Brands (MODG) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Topgolf Callaway Brands Revenue Highlights

Latest Revenue (Y)

$4.28B

Latest Revenue (Q)

$1.01B

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Topgolf Callaway Brands Revenue by Period

Topgolf Callaway Brands Revenue by Year

Date	Revenue	Change
2023-12-31	$4.28B	7.24%
2022-12-31	$4.00B	27.52%
2021-12-31	$3.13B	97.14%
2020-12-31	$1.59B	-6.56%
2019-12-31	$1.70B	36.87%
2018-12-31	$1.24B	18.51%
2017-12-31	$1.05B	20.38%
2016-12-31	$871.19M	3.25%
2015-12-31	$843.79M	-4.87%
2014-12-31	$886.95M	5.24%
2013-12-31	$842.80M	1.30%
2012-12-31	$832.01M	-6.15%
2011-12-31	$886.53M	-8.38%
2010-12-31	$967.66M	1.77%
2009-12-31	$950.80M	-

Topgolf Callaway Brands generated $4.28B in revenue during NA 2023, up 7.24% compared to the previous quarter, and up 344.76% compared to the same period a year ago.

Topgolf Callaway Brands Revenue by Quarter

Date	Revenue	Change
2024-09-30	$1.01B	-12.52%
2024-06-30	$1.16B	1.19%
2024-03-31	$1.14B	27.54%
2023-12-31	$897.10M	-13.79%
2023-09-30	$1.04B	-11.79%
2023-06-30	$1.18B	1.05%
2023-03-31	$1.17B	37.13%
2022-12-31	$851.30M	-13.88%
2022-09-30	$988.50M	-11.40%
2022-06-30	$1.12B	7.26%
2022-03-31	$1.04B	46.15%
2021-12-31	$711.72M	-16.90%
2021-09-30	$856.46M	-6.26%
2021-06-30	$913.64M	40.21%
2021-03-31	$651.62M	73.94%
2020-12-31	$374.63M	-21.22%
2020-09-30	$475.56M	60.12%
2020-06-30	$297.00M	-32.85%
2020-03-31	$442.28M	41.78%
2019-12-31	$311.94M	-26.81%
2019-09-30	$426.22M	-4.59%
2019-06-30	$446.71M	-13.46%
2019-03-31	$516.20M	185.70%
2018-12-31	$180.68M	-31.21%
2018-09-30	$262.65M	-33.73%
2018-06-30	$396.31M	-1.71%
2018-03-31	$403.19M	110.37%
2017-12-31	$191.66M	-21.32%
2017-09-30	$243.60M	-20.01%
2017-06-30	$304.55M	-1.42%
2017-03-31	$308.93M	88.72%
2016-12-31	$163.69M	-12.86%
2016-09-30	$187.85M	-23.51%
2016-06-30	$245.59M	-10.38%
2016-03-31	$274.05M	78.73%
2015-12-31	$153.33M	-12.77%
2015-09-30	$175.78M	-23.74%
2015-06-30	$230.50M	-18.89%
2015-03-31	$284.18M	111.12%
2014-12-31	$134.61M	-20.15%
2014-09-30	$168.57M	-27.31%
2014-06-30	$231.89M	-34.10%
2014-03-31	$351.87M	176.70%
2013-12-31	$127.17M	-28.65%
2013-09-30	$178.23M	-28.61%
2013-06-30	$249.65M	-13.24%
2013-03-31	$287.76M	144.11%
2012-12-31	$117.88M	-20.30%
2012-09-30	$147.91M	-47.39%
2012-06-30	$281.12M	-1.39%
2012-03-31	$285.10M	85.28%
2011-12-31	$153.87M	-11.18%
2011-09-30	$173.24M	-36.73%
2011-06-30	$273.81M	-4.13%
2011-03-31	$285.60M	53.94%
2010-12-31	$185.53M	5.63%
2010-09-30	$175.64M	-42.15%
2010-06-30	$303.61M	0.24%
2010-03-31	$302.88M	62.97%
2009-12-31	$185.85M	-

Topgolf Callaway Brands generated $1.01B in revenue during Q3 2024, up -12.52% compared to the previous quarter, and up 85.86% compared to the same period a year ago.

Topgolf Callaway Brands Revenue Breakdown

Topgolf Callaway Brands Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22
Product	$2.54B	$2.47B
Service	$1.74B	$1.53B

Topgolf Callaway Brands's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (59.28%), and Service (40.72%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Sep 22
Product	$564.10M	$726.10M	$461.90M	$597.10M	$713.50M	$767.60M	-
Service	$448.80M	$418.10M	$435.20M	$443.50M	$466.20M	$399.80M	-
Golf Balls	-	-	-	-	-	-	$75.30M
Apparel	-	-	-	-	-	-	$181.40M
Product and Service, Other	-	-	-	-	-	-	$14.30M
Golf Clubs	-	-	-	-	-	-	$221.40M
Gear, Accessories and Other	-	-	-	-	-	-	$96.60M

Topgolf Callaway Brands's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (55.69%), and Service (44.31%).

Topgolf Callaway Brands Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22
UNITED STATES	$3.08B	$2.80B
Rest of World	$130.90M	$114.90M
Asia	$531.90M	$545.40M
Europe	$540.60M	$537.40M

Topgolf Callaway Brands's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (71.91%), Europe (12.62%), Asia (12.41%), and Rest of World (3.05%).

Quarterly Revenue by Country

Country	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22
Rest of World	$24.70M	$46.20M	$20.70M	$23.10M	$44.60M	$42.50M	$91.80M	$23.10M
Asia	$127.00M	$127.60M	$273.00M	$130.70M	$128.20M	-	-	-
UNITED STATES	$724.60M	$829.00M	$646.30M	$737.30M	$886.70M	$811.10M	$2.11B	$684.80M
Europe	$136.60M	$141.40M	$117.30M	$149.50M	$120.20M	$153.60M	$395.50M	$141.90M
JAPAN	-	-	-	-	-	$160.20M	$138.70M	-

Topgolf Callaway Brands's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (71.54%), Europe (13.49%), Asia (12.54%), and Rest of World (2.44%).

Topgolf Callaway Brands Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MAT	Mattel	$5.44B	$1.84B
MODG	Topgolf Callaway Brands	$4.28B	$1.01B
GOLF	Acushnet	$2.38B	$620.50M
LTH	Life Time Group	$2.22B	$693.20M
FUN	Six Flags Entertainment	$1.80B	$571.62M
YETI	YETI	$1.66B	$463.50M
PLNT	Planet Fitness	$1.07B	$292.25M
JOUT	Johnson Outdoors	$592.85M	$172.47M
XPOF	Xponential Fitness	$318.66M	$79.52M

MODG Revenue FAQ

What is Topgolf Callaway Brands’s yearly revenue?

Topgolf Callaway Brands's yearly revenue for 2023 was $4.28B, representing an increase of 7.24% compared to 2022. The company's yearly revenue for 2022 was $4B, representing an increase of 27.52% compared to 2021. MODG's yearly revenue for 2021 was $3.13B, representing an increase of 97.14% compared to 2020.

What is Topgolf Callaway Brands’s quarterly revenue?

Topgolf Callaway Brands's quarterly revenue for Q3 2024 was $1.01B, a -12.52% decrease from the previous quarter (Q2 2024), and a -2.66% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.16B, a 1.19% increase from the previous quarter (Q1 2024), and a -1.86% decrease year-over-year (Q2 2023). MODG's quarterly revenue for Q1 2024 was $1.14B, a 27.54% increase from the previous quarter (Q4 2023), and a -1.99% decrease year-over-year (Q1 2023).

What is Topgolf Callaway Brands’s revenue growth rate?

Topgolf Callaway Brands's revenue growth rate for the last 3 years (2021-2023) was 36.74%, and for the last 5 years (2019-2023) was 151.89%.

What are Topgolf Callaway Brands’s revenue streams?

Topgolf Callaway Brands's revenue streams in c 23 are Product, and Service. Product generated $2.54B in revenue, accounting 59.28% of the company's total revenue, up 3.03% year-over-year. Service generated $1.74B in revenue, accounting 40.72% of the company's total revenue, up 14.02% year-over-year.

What is Topgolf Callaway Brands’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Topgolf Callaway Brands was Product. This segment made a revenue of $2.54B, representing 59.28% of the company's total revenue.