Winmark Corp (WINA) Financial Statements
Industry: Miscellaneous Retail (Retail)
In fiscal 2025, Winmark reported revenue of $86.1M, up 5.9% from $81.3M the year before. Net income was $41.7M (a 48.4% net margin), or $11.30 per diluted share. Gross margin was 96.4% and operating margin was 63.4%. Operating activities generated $44.9M of cash, leaving $44.7M of free cash flow. At fiscal year end, Winmark held $24.9M in total assets against $78.6M in total liabilities, including $10.3M of cash and equivalents.
Open the full interactive Winmark financials → Quarterly statements, key ratios, valuation history and price charts.
Winmark Key Stats
| Share Price | $282.38 |
|---|---|
| Market Cap | $1.04B |
| P/E Ratio | 25.0 |
| Dividend Yield | 4.75% |
| Revenue YoY Growth | +5.9% |
| 52-Week Range | $282.38 – $477.99 |
| Shares Outstanding | 3.6 million (basic, 2026 Q2) |
Winmark Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $66.1M | $78.2M | $81.4M | $83.2M | $81.3M | $86.1M |
| Cost of Goods Sold | $2.1M | $2.9M | $3.7M | $4.5M | $3.4M | $3.1M |
| Gross Profit | $64.0M | $75.3M | $77.7M | $78.8M | $77.9M | $83.0M |
| Operating Income | $40.2M | $51.3M | $53.6M | $53.3M | $52.9M | $54.6M |
| Pre-Tax Income | $38.5M | $49.9M | $50.8M | $51.4M | $51.2M | $53.1M |
| Income Tax | $8.7M | $9.9M | $11.4M | $11.2M | $11.3M | $11.5M |
| Net Income | $29.8M | $39.9M | $39.4M | $40.2M | $40.0M | $41.7M |
| Diluted EPS | $7.72 | $10.48 | $10.97 | $11.04 | $10.89 | $11.30 |
Winmark Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $22.6M | $21.1M | $20.8M | $22.0M |
| Net Income | $11.1M | $10.0M | $9.3M | $10.4M |
| Diluted EPS | $3.02 | $2.70 | $2.50 | $2.81 |
Winmark Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $6.7M | $11.4M | $13.6M | $13.4M | $12.2M | $10.3M |
| Current Assets | $18.3M | $17.4M | $18.1M | $16.7M | $15.4M | $14.1M |
| Total Assets | $31.3M | $26.9M | $30.5M | $29.0M | $26.8M | $24.9M |
| Current Liabilities | $11.4M | $10.0M | $10.6M | $10.5M | $5.1M | $5.7M |
| Total Long-Term Debt | $21.9M | $47.7M | $73.3M | $69.1M | $59.9M | $60.0M |
| Total Liabilities | $42.7M | $66.0M | $92.1M | $88.1M | $77.9M | $78.6M |
| Shareholders' Equity | -$11.4M | -$39.1M | -$61.6M | -$59.2M | -$51.0M | -$53.7M |
Winmark Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $43.2M | $48.3M | $43.8M | $44.0M | $42.2M | $44.9M |
| Cash From Investing | -$4.2M | -$283,100 | -$3.7M | -$383,900 | -$194,900 | -$192,300 |
| Cash From Financing | -$57.6M | -$43.3M | -$37.9M | -$43.9M | -$43.0M | -$46.6M |
| Free Cash Flow | $43.2M | $48.3M | $43.7M | $43.6M | $42.0M | $44.7M |
| Dividends Paid | $14.2M | $33.2M | $19.3M | $43.7M | $38.9M | $49.1M |
Figures from Winmark's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Winmark financials page for every line item.
Winmark Company Profile
| Ticker | WINA |
|---|---|
| Exchange | Nasdaq |
| Industry | Miscellaneous Retail (Retail) |
| Headquarters | Minneapolis, Minnesota |
| Incorporated in | Minnesota |
| Fiscal Year End | December 26 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000908315 |
Frequently Asked Questions
What was Winmark's revenue in fiscal 2025?
Winmark (WINA) reported revenue of $86.1M for fiscal 2025.
What is Winmark's annual revenue history?
Winmark's annual revenue by fiscal year: 2020: $66.1M; 2021: $78.2M; 2022: $81.4M; 2023: $83.2M; 2024: $81.3M; 2025: $86.1M.
What was Winmark's net income in fiscal 2025?
Winmark reported net income of $41.7M for fiscal 2025.
What was Winmark's earnings per share (EPS) in fiscal 2025?
Winmark's diluted EPS was $11.30 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Winmark generate in fiscal 2025?
Winmark generated $44.7M of free cash flow in fiscal 2025.
What was Winmark's revenue last quarter?
In its most recent reported quarter (2026 Q2), Winmark reported revenue of $22.0M.
How much debt does Winmark have?
Winmark reported $60.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Winmark are outstanding?
Winmark reported a weighted average of 3.6 million basic shares outstanding in 2026 Q2.
What is Winmark's market cap?
Based on its latest closing price, Winmark (WINA) has a market capitalization of about $1.04B.
When does Winmark's fiscal year end?
Winmark's fiscal year end, as registered with the SEC, is December 26.
Where is Winmark headquartered?
Winmark lists its business address in Minneapolis, Minnesota in its SEC filings.