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Other financials

Income statement

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Revenue$22.0M+7.6%
Gross profit$20.7M+6.5%
Operating income$13.6M+4.4%
Net income$10.4M-1.9%
EPS (diluted)$2.81-2.8%

Balance sheet

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Cash & equivalents$25.8M-10.2%
Total debt$32.7M-1.7%
Total equity-$37.6M-2.1%
Total assets$43.2M0.0%

Cash flow

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Operating cash flow$10.7M+18.6%
Free cash flow$10.7M+18.9%

Valuation

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Market cap$1.27B-8.7%
Enterprise value$1.28B-8.5%
P/E31.2×-2.5×
P/S14.7×-2.0×

Profitability

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Gross margin96.4%+0.5pp
Operating margin62.3%-2.8pp
Net margin47.1%-2.4pp
FCF margin50%-3.5pp

Returns & leverage

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Return on equity67.2%
Debt / equity0.6×
Current ratio3.8×-0.8×

Where this comes from

Reported directly by Winmark in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Winmark’s 10-Q, filed July 15, 2026.

Filed
Jul 15, 2026, 11:34 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000908315-26-000028
Line itemSix Months Ended / June 27, 2026Six Months Ended / June 28, 2025
Net cash provided by operating activities22,607,10024,123,300
INVESTING ACTIVITIES:
Capitalized software(2,210,300)
Purchase of property and equipment(54,900)(105,900)
Net cash used for investing activities(2,265,200)(105,900)
FINANCING ACTIVITIES:
Repurchases of common stock(2,418,700)
Proceeds from exercises of stock options2,269,3001,586,300

Item 1. Financial Statements (Unaudited)

FAQ

What is Winmark's capex?
Winmark (WINA) reported capex of $40.3K in Q2 2026.
How has Winmark's capex changed year-over-year?
Winmark's capex decreased by 26.3% year-over-year, from $54.7K to $40.3K.
What is the long-term trend for Winmark's capex?
Over 4 years (2021 to 2025), Winmark's capex has grown at a 26.7% compound annual growth rate (CAGR), from $74.7K to $192.3K.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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