Revenue of Callaway Golf 2005-2021

In 2021, Callaway Golf had net sales amounting to around 3.1 billion U.S. dollars. Established in 1982 by Ely Callaway, Callaway Golf sells golf clubs, golf balls, as well as apparel, and footwear, and is one of the largest golf equipment companies in the world.

Callaway Golf revenue

Between 2009 and 2016, Callaway's revenue had followed a downward trend, however, in 2017, company sales had exceeded one billion U.S. dollars once more. Callaway Golf’s revenue reached an all-time high in 2021, as a result of its merger with Topgolf in addition to a good year in terms of golf equipment sales. The golf club segment, which generated nearly one billion U.S. dollars that year alone, was by far the most lucrative product category. The United States is Callaway Golf’s main market, as a majority of its annual revenue is typically generated here. Japan is also an important market for the company, with an estimated 245 million U.S. dollars in sales in 2021.

Professional golfer sponsorships

Besides selling sports equipment and clothing, Callaway Golf also sponsors several professional golf players from different tours, including PGA, LPGA, European PGA, Web.com tour, Champions Tour. In 2021, some of Callaway Golf’s valuable athlete assets included Jon Rahm, Sam Burns, and Abe Ancer. Before being dropped by Callaway Golf and other sponsors due to recent controversial statements in 2022, Phil Mickelson was the professional male golfer with the second-highest career earnings on the PGA Tour in 2021, beaten only by Tiger Woods.