Form 8-K
8-K — Massimo Group
Accession: 0001493152-26-013864
Filed: 2026-03-31
Period: 2026-03-31
CIK: 0001952853
SIC: 3790 (MISCELLANEOUS TRANSPORTATION EQUIPMENT)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — form8-k.htm (Primary)
EX-99.1 (ex99-1.htm)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K
8-K (Primary)
Filename: form8-k.htm · Sequence: 1
false
0001952853
0001952853
2026-03-31
2026-03-31
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): March 31, 2026
MASSIMO
GROUP
(Exact
name of registrant as specified in its charter)
Nevada
001-41994
92-0790263
(State
or other jurisdiction
of
incorporation)
(Commission
File
Number)
(IRS
Employer
Identification
No.)
3101
W Miller Road
Garland,
TX
75041
(Address
of principal executive offices)
(Zip
Code)
Registrant’s
telephone number, including area code: 866-403-5272
Not
applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
☐
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Common
Stock, par value $0.001 per share
MAMO
The
Nasdaq Stock Market LLC
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
2.02. Results of Operations and Financial Condition
On
March 31, 2026, Massimo Group (the “Company”) issued a press release announcing its financial results for the fourth quarter
and fiscal year ended December 31, 2025. A copy of the press release is furnished hereto as Exhibit 99.1.
The
information provided in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and
shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), or otherwise subject to the liabilities of that section. Such information shall not be deemed incorporated by reference
into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date
hereof, regardless of any general incorporation language in such filing, except as otherwise expressly set forth by specific reference
in such filing.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits.
The
following exhibits are filed as part of this report:
Exhibit
Number
Description
99.1
Press Release dated as of March 31, 2026
104
Cover
Page Interactive Data File (embedded within the Inline XBRL document)
2
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, hereunto duly authorized.
Dated:
March 31, 2026
MASSIMO
GROUP
By:
/s/
David Shan
Name:
David
Shan
Title:
Chief
Executive Officer
3
EX-99.1
EX-99.1
Filename: ex99-1.htm · Sequence: 2
Exhibit
99.1
Massimo
Group Reports FY2025 Results, Delivers Margin Expansion and Advances Premium Product Pipeline
Company Highlights Improved
Gross Margins, Strengthened Dealer Channel and Expands Premium HVAC Product Offerings
GARLAND,
TX, March 31, 2026 — 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 health
● Prioritized
pricing discipline and reduced promotional activity
● Enhanced
product mix toward higher-margin offerings
● Advanced
supply chain and cost optimization efforts
These
actions contributed to improved margin performance and position the Company for more stable long-term growth.
Business
Platform
Massimo
operates a nationwide platform supported by:
● Approximately
2,800 dealer locations across the United States
● Over
600 motor vehicle service providers
● Over
5,500 marine service providers
● A
376,000 square-foot integrated operations facility in Texas
This
infrastructure provides the Company with a scalable national distribution and service platform capable of supporting future growth across
both consumer and commercial markets.
Product
Innovation and Pipeline Momentum
As
part of its ongoing strategy, Massimo continues to expand its premium vehicle lineup with a focus on utility-driven, all-weather mobility
solutions.
The
Company has introduced its Sentinel Series UTVs and MVR Pro Series electric carts, both featuring fully integrated HVAC
systems designed to enable year-round use across agricultural, commercial and recreational applications.
Following
strong early demand and positive dealer response to initial HVAC-equipped models, Massimo plans to launch the Sentinel 770 HVAC in
April 2026, with the Sentinel 1500 expected to follow in July 2026 as a new flagship platform.
The
Company believes these premium offerings support its strategy of moving up-market, increasing average selling prices, and expanding into
higher-value commercial and fleet applications.
Outlook
and Growth Initiatives
Looking
ahead, the Company remains focused on strengthening its core vehicle platform, expanding its distribution network, and developing commercial
and fleet sales channels.
In
addition, in 2026, the Company plans to explore selective opportunities in intelligent automation and scalable consumer service platforms.
These areas may include robotic-assisted systems, AI-enabled retail solutions and security-related technologies.
These
initiatives are in the early stages of evaluation and remain subject to further development and validation. The Company intends to pursue
opportunities that align with its operational capabilities and long-term strategic objectives.
The
Company expects continued progress in margin stability and channel normalization as it enters fiscal 2026.
CEO
Commentary
David
Shan, Chief Executive Officer of Massimo Group, commented:
“2025
marked a deliberate transition year in which we prioritized margin expansion, dealer channel health, and operational discipline. While
these actions impacted near-term revenue, they have strengthened the foundation of our business.
At
the same time, we are seeing strong momentum in our premium product initiatives, including the Sentinel UTV series and MVR Pro HVAC electric
carts. Early demand for these models has been encouraging, and we believe they position us well to capture higher-value opportunities
across both consumer and commercial markets.
As
we move into 2026, we expect these new product introductions, combined with a healthier channel and improved pricing dynamics, to support
more sustainable long-term growth.”
Annual
Report on Form 10-K
The
Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, has been filed with the SEC and is available
on the SEC’s website at www.sec.gov and on the Company’s investor relations website.
About
Massimo Group
Massimo
Group (NASDAQ: MAMO) is a U.S.-based provider of utility-focused powersports vehicles, recreational products, and marine equipment. The
Company delivers feature-rich products through a nationwide distribution and service network and is focused on expanding its platform
through product innovation, operational execution, and scalable channel development across consumer and commercial markets.
Forward-Looking
Statements
This
press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some
cases, forward-looking statements can be identified because they contain words such as “anticipate,” “believe,”
“estimate,” “expect,” “intend,” “may,” “predict,” “project,”
“target,” “potential,” “seek,” “will,” “would,” “could,” “should,”
“continue,” “contemplate,” “plan,” and other words and terms of similar meaning. These statements
include, but are not limited to, statements regarding future business strategies, product launches, channel development, commercial expansion,
intelligent automation initiatives, and operational improvements.
Forward-looking
statements are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed
or implied by such statements, including those under “Risk Factors” in filings with the SEC made by Massimo. Readers are
cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. The Company undertakes
no obligation to update or revise any forward-looking statements, except as required by law.
Company
Contact
Quenton
Petersen
Vice President
Massimo Group
ir@massimomotor.com
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 7
v3.26.1
Cover
Mar. 31, 2026
Cover [Abstract]
Document Type
8-K
Amendment Flag
false
Document Period End Date
Mar. 31, 2026
Entity File Number
001-41994
Entity Registrant Name
MASSIMO
GROUP
Entity Central Index Key
0001952853
Entity Tax Identification Number
92-0790263
Entity Incorporation, State or Country Code
NV
Entity Address, Address Line One
3101
W Miller Road
Entity Address, City or Town
Garland
Entity Address, State or Province
TX
Entity Address, Postal Zip Code
75041
City Area Code
866
Local Phone Number
403-5272
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Title of 12(b) Security
Common
Stock, par value $0.001 per share
Trading Symbol
MAMO
Security Exchange Name
NASDAQ
Entity Emerging Growth Company
true
Elected Not To Use the Extended Transition Period
false
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Cover page.
+ References
No definition available.
+ Details
Name:
dei_CoverAbstract
Namespace Prefix:
dei_
Data Type:
xbrli:stringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 7A
-Section B
-Subsection 2
+ Details
Name:
dei_EntityExTransitionPeriod
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration