Winnebago Industries, Inc. (WGO) Income Statement
WGO FY2025 at a glance
Fiscal year ended August 31, 2025 · U.S. dollarsWGO revenue and net income
Where WGO's revenue goes
FY2025Each bar shows an amount and its share of revenue. WGO kept 0.9% of revenue as net income.
WGO profit margins
WGO growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −5.9% | −17.4% | +3.5% | +11.1% |
| Gross profit | −15.8% | −26.8% | +3.1% | +13.3% |
| Operating income | −42.9% | −53.9% | −12.8% | −0.4% |
| Net income | +97.7% | −59.6% | −16.0% | −4.6% |
| EPS (diluted) | −50.6% | −50.4% | −8.3% | +0.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
WGO quarterly EPS vs estimates
Winnebago Industries beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: October 21, 2026 (estimate $0.50).
WGO income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.80B | $2.97B | $3.49B | $4.96B | $3.63B | $2.36B | $1.99B | $2.02B | $1.55B | $975.2M |
| Cost of revenue | $2.43B | $2.54B | $2.90B | $4.03B | $2.98B | $2.04B | $1.68B | $1.72B | $1.32B | $862.6M |
| Gross profit | $365.1M | $433.5M | $586.1M | $929.3M | $650.4M | $312.9M | $307.2M | $299.8M | $222.6M | $112.6M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $4.0M |
| Sales, general & admin | $285.8M | $280.0M | $264.6M | $316.4M | $228.6M | $177.1M | $142.3M | $127.9M | $91.0M | $27.1M |
| Total operating expenses | $307.9M | $333.3M | $285.4M | $345.8M | $242.9M | $199.2M | $151.9M | $137.3M | $115.7M | $46.9M |
| Operating income | $57.2M | $100.2M | $300.7M | $583.5M | $407.4M | $113.8M | $155.3M | $160.4M | $125.1M | $65.7M |
| Interest income | $25.9M | $21.1M | $20.5M | $41.3M | $40.4M | $37.5M | $17.9M | $18.2M | $16.8M | — |
| Interest expense | $25.9M | $21.1M | $20.5M | $41.3M | $40.4M | $37.5M | $17.9M | $18.2M | $16.8M | $0 |
| Income before taxes | $30.1M | $38.4M | $279.2M | $514.7M | $367.4M | $77.3M | $138.9M | $142.6M | $108.6M | $66.2M |
| Income taxes | $4.4M | $25.4M | $63.3M | $124.1M | $85.6M | $15.8M | $27.1M | $40.3M | $37.3M | $20.7M |
| Net income | $25.7M | $13.0M | $215.9M | $390.6M | $281.9M | $61.4M | $111.8M | $102.4M | $71.3M | $45.5M |
| EBITDA | $94.5M | $118.1M | $351.7M | $609.7M | $440.7M | $151.9M | $178.6M | $179.6M | $132.3M | $62.0M |
| EPS (diluted) | $1.68 | $3.40 | $7.67 | $13.80 | $8.54 | $2.59 | $3.38 | $3.17 | $2.16 | $1.69 |
| Gross margin | 13.0% | 14.6% | 16.8% | 18.7% | 17.9% | 13.3% | 15.5% | 14.9% | 14.4% | 11.6% |
| Operating margin | 2.0% | 3.4% | 8.6% | 11.8% | 11.2% | 4.8% | 7.8% | 8.0% | 8.1% | 6.7% |
| Net margin | 0.9% | 0.4% | 6.2% | 7.9% | 7.8% | 2.6% | 5.6% | 5.1% | 4.6% | 4.7% |
| May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | Aug '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $698.7M | $657.4M | $702.7M | $777.3M | $775.1M | $620.2M | $625.6M | $720.9M | $786.0M | $703.6M | $763.0M | $771.0M |
| Cost of revenue | $603.8M | $571.8M | $613.7M | $678.1M | $669.1M | $537.1M | $548.8M | $626.7M | $673.4M | $598.3M | $647.2M | $643.5M |
| Gross profit | $94.9M | $85.6M | $89.0M | $99.2M | $106.0M | $83.1M | $76.8M | $94.2M | $112.6M | $105.3M | $115.8M | $127.5M |
| Sales, general & admin | $66.5M | $68.4M | $69.8M | $73.7M | $70.3M | $69.7M | $72.1M | $75.6M | $69.1M | $64.2M | $71.1M | $64.3M |
| Total operating expenses | $71.9M | $73.8M | $75.2M | $79.1M | $75.8M | $75.3M | $77.7M | $112.0M | $69.1M | $69.9M | $76.7M | $70.0M |
| Operating income | $23.0M | $11.8M | $13.8M | $20.1M | $30.2M | $7.8M | −$900,000 | −$17.8M | $43.5M | $35.4M | $39.1M | $57.5M |
| Interest income | — | $5.8M | $5.5M | $6.6M | $6.7M | $6.8M | $5.8M | — | — | — | — | $4.1M |
| Interest expense | $5.0M | $5.8M | $5.5M | $6.6M | $6.7M | $6.8M | $5.8M | $5.9M | $5.8M | $5.3M | $4.1M | $4.1M |
| Income before taxes | $18.0M | $5.4M | $8.4M | $13.3M | $23.9M | −$400,000 | −$6.7M | −$25.9M | $35.5M | −$5.6M | $34.4M | $54.7M |
| Income taxes | $3.5M | $600,000 | $2.9M | −$400,000 | $6.3M | — | −$1.5M | $3.2M | $6.5M | $7.1M | $8.6M | $10.9M |
| Net income | $14.5M | $4.8M | $5.5M | $13.7M | $17.6M | −$400,000 | −$5.2M | −$29.1M | $29.0M | −$12.7M | $25.8M | $43.8M |
| EBITDA | $37.8M | $26.2M | $29.1M | $35.1M | $45.7M | $21.4M | $14.4M | $29.8M | $55.8M | $13.9M | $52.2M | $73.8M |
| EPS (diluted) | $0.66 | $0.27 | $0.38 | $0.71 | $0.81 | $0.19 | −$0.03 | $0.28 | $1.13 | $0.93 | $1.06 | $1.59 |
| Gross margin | 13.6% | 13.0% | 12.7% | 12.8% | 13.7% | 13.4% | 12.3% | 13.1% | 14.3% | 15.0% | 15.2% | 16.5% |
| Operating margin | 3.3% | 1.8% | 2.0% | 2.6% | 3.9% | 1.3% | −0.1% | −2.5% | 5.5% | 5.0% | 5.1% | 7.5% |
| Net margin | 2.1% | 0.7% | 0.8% | 1.8% | 2.3% | −0.1% | −0.8% | −4.0% | 3.7% | −1.8% | 3.4% | 5.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WGO's financial statements (latest annual report filed October 22, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
WGO financial results
In fiscal year 2025 (ended August 31, 2025), Winnebago Industries reported revenue of $2.8 billion, down 5.9% from the year before. It had net income of $25.7 million (up 97.7%), a net profit margin of 0.9%. Diluted earnings per share came to $1.68. Over five years revenue grew at an average rate of 3.5% a year.
See the WGO stock overview for the latest quote and news, or the WGO chart for price history and technical indicators.
WGO income statement FAQ
What is Winnebago Industries's annual revenue?
Winnebago Industries reported total revenue of $2.8 billion for fiscal year 2025, which ended on August 31, 2025. That was down 5.9% from $3.0 billion the previous year.
Is Winnebago Industries profitable?
Yes. Winnebago Industries reported net income of $25.7 million in fiscal 2025, a net profit margin of 0.9%; its operating margin was 2.0%.
What is Winnebago Industries's gross margin?
Winnebago Industries's gross margin was 13.0% in fiscal 2025: for every $100 of revenue, Winnebago Industries kept $13 after the direct cost of its products and services.
How fast is Winnebago Industries growing?
Revenue grew 3.5% a year on average over the last five fiscal years, from $2.4 billion to $2.8 billion.
What are Winnebago Industries's earnings per share?
Winnebago Industries earned $1.68 per diluted share in fiscal 2025, compared with $3.40 a year earlier.
When will Winnebago Industries report its next earnings?
Winnebago Industries is expected to report results for the quarter ending August 31, 2026 on October 21, 2026 before the market opens.
When does Winnebago Industries's fiscal year end?
Winnebago Industries's fiscal year ends in August. The latest annual report covers the year ended August 31, 2025 and was filed on October 22, 2025.