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Side-by-side financial comparison of Dingdong (Cayman) Ltd (DDL) and WD 40 CO (WDFC). Click either name above to swap in a different company.

WD 40 CO is the larger business by last-quarter revenue ($154.4M vs $115.3M, roughly 1.3× Dingdong (Cayman) Ltd). WD 40 CO runs the higher net margin — 11.3% vs 5.8%, a 5.5% gap on every dollar of revenue.

Dingdong (Cayman) Ltd operates a leading on-demand grocery e-commerce platform primarily serving the Chinese market. It provides fresh produce, daily necessities, ready-to-eat meals, and household staples to urban consumers, leveraging optimized supply chains and localized logistics networks to offer fast, reliable 30-minute delivery services, prioritizing product freshness and user convenience.

WD-40 Company is a global consumer and industrial goods manufacturer best known for its signature multi-purpose lubricant of the same name. Its product portfolio includes cleaners, degreasers, rust removers and specialty lubricants, serving retail, industrial and automotive markets across more than 170 countries and regions worldwide.

DDL vs WDFC — Head-to-Head

Bigger by revenue
WDFC
WDFC
1.3× larger
WDFC
$154.4M
$115.3M
DDL
Higher net margin
WDFC
WDFC
5.5% more per $
WDFC
11.3%
5.8%
DDL

Income Statement — Q3 FY2022 vs Q1 FY2026

Metric
DDL
DDL
WDFC
WDFC
Revenue
$115.3M
$154.4M
Net Profit
$6.7M
$17.5M
Gross Margin
56.2%
Operating Margin
5.3%
15.1%
Net Margin
5.8%
11.3%
Revenue YoY
0.6%
Net Profit YoY
-7.8%
EPS (diluted)
$-0.02
$1.28

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DDL
DDL
WDFC
WDFC
Q4 25
$154.4M
Q3 25
$163.5M
Q2 25
$156.9M
Q1 25
$146.1M
Q4 24
$153.5M
Q3 24
$156.0M
Q2 24
$155.0M
Q1 24
$139.1M
Net Profit
DDL
DDL
WDFC
WDFC
Q4 25
$17.5M
Q3 25
$21.2M
Q2 25
$21.0M
Q1 25
$29.9M
Q4 24
$18.9M
Q3 24
$16.8M
Q2 24
$19.8M
Q1 24
$15.5M
Gross Margin
DDL
DDL
WDFC
WDFC
Q4 25
56.2%
Q3 25
54.7%
Q2 25
56.2%
Q1 25
54.6%
Q4 24
54.8%
Q3 24
54.1%
Q2 24
53.1%
Q1 24
52.4%
Operating Margin
DDL
DDL
WDFC
WDFC
Q4 25
15.1%
Q3 25
17.1%
Q2 25
17.4%
Q1 25
15.9%
Q4 24
16.4%
Q3 24
15.4%
Q2 24
17.5%
Q1 24
15.1%
Net Margin
DDL
DDL
WDFC
WDFC
Q4 25
11.3%
Q3 25
13.0%
Q2 25
13.4%
Q1 25
20.4%
Q4 24
12.3%
Q3 24
10.8%
Q2 24
12.8%
Q1 24
11.2%
EPS (diluted)
DDL
DDL
WDFC
WDFC
Q4 25
$1.28
Q3 25
$1.57
Q2 25
$1.54
Q1 25
$2.19
Q4 24
$1.39
Q3 24
$1.23
Q2 24
$1.46
Q1 24
$1.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DDL
DDL
WDFC
WDFC
Cash + ST InvestmentsLiquidity on hand
$113.7M
$48.6M
Total DebtLower is stronger
$135.8K
$85.7M
Stockholders' EquityBook value
$4.5M
$264.1M
Total Assets
$178.3M
$459.7M
Debt / EquityLower = less leverage
0.03×
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DDL
DDL
WDFC
WDFC
Q4 25
$48.6M
Q3 25
$58.1M
Q2 25
$51.7M
Q1 25
$53.0M
Q4 24
$54.9M
Q3 24
$46.7M
Q2 24
$45.3M
Q1 24
$55.4M
Total Debt
DDL
DDL
WDFC
WDFC
Q4 25
$85.7M
Q3 25
$86.2M
Q2 25
$85.6M
Q1 25
$84.4M
Q4 24
$84.6M
Q3 24
$86.0M
Q2 24
$85.5M
Q1 24
$85.9M
Stockholders' Equity
DDL
DDL
WDFC
WDFC
Q4 25
$264.1M
Q3 25
$268.2M
Q2 25
$257.1M
Q1 25
$242.1M
Q4 24
$226.3M
Q3 24
$230.5M
Q2 24
$222.2M
Q1 24
$216.3M
Total Assets
DDL
DDL
WDFC
WDFC
Q4 25
$459.7M
Q3 25
$475.8M
Q2 25
$456.0M
Q1 25
$458.3M
Q4 24
$447.3M
Q3 24
$449.0M
Q2 24
$443.6M
Q1 24
$442.0M
Debt / Equity
DDL
DDL
WDFC
WDFC
Q4 25
0.32×
Q3 25
0.32×
Q2 25
0.33×
Q1 25
0.35×
Q4 24
0.37×
Q3 24
0.37×
Q2 24
0.38×
Q1 24
0.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DDL
DDL
WDFC
WDFC
Operating Cash FlowLast quarter
$10.0M
Free Cash FlowOCF − Capex
$9.1M
FCF MarginFCF / Revenue
5.9%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
0.57×
TTM Free Cash FlowTrailing 4 quarters
$78.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DDL
DDL
WDFC
WDFC
Q4 25
$10.0M
Q3 25
$29.9M
Q2 25
$35.1M
Q1 25
$8.0M
Q4 24
$14.9M
Q3 24
$27.2M
Q2 24
$19.9M
Q1 24
$18.0M
Free Cash Flow
DDL
DDL
WDFC
WDFC
Q4 25
$9.1M
Q3 25
$28.6M
Q2 25
$34.0M
Q1 25
$6.6M
Q4 24
$14.2M
Q3 24
$26.4M
Q2 24
$18.7M
Q1 24
$16.7M
FCF Margin
DDL
DDL
WDFC
WDFC
Q4 25
5.9%
Q3 25
17.5%
Q2 25
21.6%
Q1 25
4.5%
Q4 24
9.3%
Q3 24
16.9%
Q2 24
12.0%
Q1 24
12.0%
Capex Intensity
DDL
DDL
WDFC
WDFC
Q4 25
0.6%
Q3 25
0.8%
Q2 25
0.7%
Q1 25
0.9%
Q4 24
0.5%
Q3 24
0.5%
Q2 24
0.8%
Q1 24
0.9%
Cash Conversion
DDL
DDL
WDFC
WDFC
Q4 25
0.57×
Q3 25
1.41×
Q2 25
1.67×
Q1 25
0.27×
Q4 24
0.79×
Q3 24
1.62×
Q2 24
1.00×
Q1 24
1.16×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DDL
DDL

Segment breakdown not available.

WDFC
WDFC

Other$82.6M53%
WD40Multi Use Product$56.0M36%
WD40Specialist$9.0M6%
Other Maintenance Products$4.0M3%
Homecare And Cleaning Products$2.7M2%

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