Topgolf Callaway Brands Corp. revenue worldwide 2017-2023, by market

In 2023, Topgolf Callaway Brands Corp. had net sales of over three billion U.S. dollars in the United States. In the company’s second-largest market, Europe, just over 540 million U.S. dollars was made. That year, the golf equipment enterprise generated over 4.2 billion U.S. dollars’ worth of net sales in total.

Topgolf Callaway Brands Corp. and Acushnet

Established in 1982 by Ely Callaway, Topgolf Callaway Brands Corp. designs, manufactures, markets, and sells golf clubs, golf balls, as well as apparel and footwear, and is one of the largest golf equipment companies in the world. Acushnet, which is also an American manufacturer focused on golf products and one of Callaway’s main competitors, generated nearly 2.4 billion U.S. dollars of revenue in 2023.

The U.S. golf course & country club industry

In 2022, there was a forecast total of 9,052 golf courses and country clubs located across the United States, which is a drop of over 1,000 locations compared to 10 years earlier. While the number of courses and clubs in the country may have decreased over the last decade, the industry’s U.S. market size has remained relatively consistent between 2014 and 2023.