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Winnebago Industries WGO Marine — Net revenues

Other segment segments

Motorhome RV
$320.7M+10.1%
Towable RV
$274.7M-26.1%

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Other financials

Income statement

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Revenue$698.7M-9.9%
Gross profit$94.9M-10.5%
Operating income$23.0M-23.8%
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$906.02M+7.0%
Enterprise value$1.33B-6.5%
P/E23.5×
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:RevenueFromContractWithCustomerExcludingAssessedTax.

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)Towable RVMotorhome RVMarineSegment TotalCorporate / all otherConsolidated
Net revenues(1)$274.7$320.7$92.4$687.8$10.9$698.7
Cost of goods sold$235.4$284.0$79.0$598.4
Selling, general, and administrative expenses(2)$23.3$27.1$8.1$58.5
Operating income (loss)$16.0$9.6$5.3$30.9$(7.9)$23.0
Reconciliation to income before income taxes:
Interest expense, net5.0
Income before income taxes$18.0
(1) See Note 10 in the Notes to Consolidated Financial Statements for more information on segment revenues.

Item 1. Consolidated Financial Statements

FAQ

What is Winnebago Industries's marine — net revenues?
Winnebago Industries (WGO) reported marine — net revenues of $92.4M in Q1 2026.
How has Winnebago Industries's marine — net revenues changed year-over-year?
Winnebago Industries's marine — net revenues decreased by 8.2% year-over-year, from $100.7M to $92.4M.
What is the long-term trend for Winnebago Industries's marine — net revenues?
Over 4 years (2021 to 2025), Winnebago Industries's marine — net revenues has grown at a 57.2% compound annual growth rate (CAGR), from $60.2M to $367.8M.
What does marine — net revenues mean?
Represents the total gross sales generated by the marine business segment after deducting returns, allowances, and discounts. This metric reflects the market demand for the company's boat and marine-related product offerings.

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