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Winnebago Industries WGO Operating Income

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Segments

By segment

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Towable RV$16M-46.1%
Motorhome RV$9.6M+400%
Marine$5.3M-43.6%

Other financials

Income statement

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Revenue$698.7M-9.9%
Gross profit$94.9M-10.5%
Net income$14.5M-17.6%
EPS (diluted)$0.51-17.7%

Balance sheet

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Cash & equivalents$57.1M+444%
Total debt$477.0M-17.9%
Total equity$1.2B+1.5%
Total assets$2.0B-4.4%

Cash flow

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Operating cash flow$25.6M+201%
CapEx$6.9M-36.1%
Free cash flow$18.7M+152%

Valuation

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Market cap$884.53M+3.3%
Enterprise value$1.3B-8.6%
P/E23×
P/S0.3×0.0×

Profitability

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Gross margin13%-0.1pp
Operating margin2.4%
Net margin1.4%
FCF margin6.4%+5.2pp

Returns & leverage

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Return on equity3.1%
Debt / equity0.4×-0.1×
Current ratio2.4×0.0×

Where this comes from

Reported directly by Winnebago Industries in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Winnebago Industries’s 10-Q, filed June 25, 2026.

Filed
Jun 25, 2026, 4:07 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-045496
(in millions, except per share data)Three Months Ended / May 30, 2026Three Months Ended / May 31, 2025Nine Months Ended / May 30, 2026Nine Months Ended / May 31, 2025
Selling, general, and administrative expenses66.570.3204.7212.1
Amortization5.45.516.216.7
Total operating expenses71.975.8220.9228.8
Operating income23.030.248.637.1
Interest expense, net5.06.716.319.3
Loss on note repurchase0.82.0
Non-operating income(0.4)(0.3)(1.0)
Income before income taxes18.023.931.816.8

Item 1. Consolidated Financial Statements

FAQ

What is Winnebago Industries's operating income?
Winnebago Industries (WGO) reported operating income of $23M in Q1 2026.
How has Winnebago Industries's operating income changed year-over-year?
Winnebago Industries's operating income decreased by 23.8% year-over-year, from $30.2M to $23M.
What is the long-term trend for Winnebago Industries's operating income?
Over 3 years (2021 to 2025), Winnebago Industries's operating income has grown at a -48.0% compound annual growth rate (CAGR), from $407.4M to $57.2M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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