WINMARK CORP

WINMARK CORPWINAEarnings & Financial Report

Nasdaq · Consumer Discretionary · Retail-Miscellaneous Retail

Winmark Corporation is an American franchisor of five retail businesses that specialize in buying and selling used goods. The company is based in Minneapolis, Minnesota. Winmark was founded in 1988 as Play It Again Sports Franchise Corporation by Ron Olson and Jeffrey Dahlberg after they purchased the Play It Again Sports franchise rights from Martha Morris. They renamed the company to Grow Biz International Inc. in June 1993. Grow Biz went public in August 1993. In 2000, John Morgan replaced...

WINA Q4 FY2025 Key Financial Metrics

Revenue

$21.1M

Gross Profit

N/A

Operating Profit

$13.0M

Net Profit

$10.0M

Gross Margin

N/A

Operating Margin

61.7%

Net Margin

47.2%

YoY Growth

7.9%

EPS

$2.68

WINMARK CORP Q4 FY2025 Financial Summary

WINMARK CORP reported revenue of $21.1M (up 7.9% YoY) for Q4 FY2025, with a net profit of $10.0M (up 3.9% YoY) (47.2% margin).

Key Financial Metrics

Total Revenue$21.1M
Net Profit$10.0M
Gross MarginN/A
Operating Margin61.7%
Report PeriodQ4 FY2025

WINMARK CORP Annual Revenue by Year

WINMARK CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $86.1M).

YearAnnual Revenue
2025$86.1Mvs 2024
2024$81.3Mvs 2023
2022$81.4M

WINMARK CORP Quarterly Revenue & Net Profit History

WINMARK CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$21.1M+7.9%$10.0M47.2%
Q3 FY2025$22.6M+5.2%$11.1M49.2%
Q2 FY2025$20.4M+1.5%$10.6M51.9%
Q1 FY2025$21.9M+9.0%$10.0M45.4%
Q4 FY2024$19.5M$9.6M49.0%
Q3 FY2024$21.5M-3.6%$11.1M51.7%
Q2 FY2024$20.1M-2.0%$10.4M51.8%
Q1 FY2024$20.1M$8.8M43.9%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$20.1M$20.1M$21.5M$19.5M$21.9M$20.4M$22.6M$21.1M
YoY GrowthN/A-2.0%-3.6%N/A9.0%1.5%5.2%7.9%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$38.3M$44.7M$52.0M$26.8M$37.1M$43.2M$53.7M$24.9M
Liabilities$90.9M$86.9M$85.7M$77.9M$83.0M$80.0M$80.1M$78.6M
Equity$-52.6M$-42.2M$-33.7M$-51.0M$-45.9M$-36.8M$-26.3M$-53.7M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$13.4M$8.2M$12.1M$8.5M$15.1M$9.0M$12.3M$8.5M